Tuesday, May 12, 2009

Who is watching the Fed?

Rep. Alan Grayson asks the Federal Reserve Inspector General about the trillions of dollars lent or spent by the Federal Reserve and where it went, and the trillions of off balance sheet obligations. Inspector General Elizabeth Coleman responds that the IG does not know and is not tracking where this money is. May 06, 2009

[This would all be quite funny if it weren't for the fact that they are going to totally destroy our economy. This came from Information Clearing House.]

No comments: