Friday
Aug242012
There Are No Words To Describe The Following Part II
WHO IS KEEPING TRACK OF THE TRILLIONS?
Alan Grayson questions the Inspector General of the Federal Reserve - 05/09/10
Circulate Far and Wide.
Our only hope to stop the heist will come from greater awareness.
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WHO IS KEEPING TRACK OF THE TRILLIONS?
If you're in a hurry, start watching at the 3-minute mark. At issue is the accounting and oversight for $9 trillion in secret Fed bailouts of Wall Street banks, for which taxpayers are ultimately responsible to the tune of $32,000 for every man, woman and child in this country. Fed audit, anyone?
Aug 24, 2012 at 3:44 PM
Reader Comments (677)
"People"..............Wake-Up......! Bush wasent the one who "Crashed the Car in the Ditch.....................!!!! !!!! !!!!! ????????
A History Lesson from less than two years ago.
Some of you will delete this without reading it and in my opinion it's because you are too biased to open your mind and recall some recent history about our government. The day the Democrats took over was not January 22nd 2009. It was actually January 3rd 2007 the day the Democrats took over the House of Representatives and the Senate, the start of the 110th Congress. The Democratic Party controlled a majority in both chambers for the first time since the end of the 103rd Congress in 1995.
For those who are listening to the liberals propagating the fallacy that everything is "Bush's Fault", think about this:
January 3rd, 2007 was the day the Democrats took over the Senate and the Congress:
At the time:
The DOW Jones closed at 12,621.77
The GDP for the previous quarter was 3.5%
The Unemployment rate was 4.6%
George Bush's Economic policies SET A RECORD of 52 STRAIGHT MONTHS of JOB CREATION!
Remember the day...
January 3rd, 2007 was the day that Barney Frank took over the House Financial Services Committee and Chris Dodd took over the Senate Banking Committee.
Pay attention. The economic meltdown that happened 15 months later was in what part of the economy............?
BANKING AND FINANCIAL SERVICES!!!
THANK YOU DEMOCRATS for taking us from 13,000 DOW, 3.5 GDP and 4.6% Unemployment... to this CRISIS by (among MANY other things) dumping 5-6 TRILLION Dollars of toxic loans on the economy from YOUR Fannie Mae and Freddie Mac FIASCOS! (By the way, Bush asked Congress 17 TIMES to stop Fannie & Freddie - starting in 2001, because it was financially risky for the US economy).
And who took the THIRD highest pay-off from Fannie Mae AND Freddie Mac????
OBAMA
And who fought against reform of Fannie and Freddie???
OBAMA and the Democratic Congress
So when someone tries to blame Bush...
Set the record straight on Bush!
Now let's look at it a different way....
The Washington Post babbled again today about Obama inheriting a huge deficit from Bush. Amazingly enough,...... a lot of people swallow this nonsense. So once more, a short civics lesson.
Budgets do not come from the White House. They come from Congress, and the party that controlled Congress since January 2007 is the Democrat Party. They controlled the budget process for FY 2008 and FY 2009, as well as FY 2010 and FY 2011. In that first year, they had to contend with George Bush, which caused them to compromise on spending, when Bush somewhat belatedly got tough on spending increases. That's where Bush should have openly blasted Congress in a state of the union address.
For FY 2009 though, Nancy Pelosi and Harry Reid bypassed George Bush entirely, passing continuing resolutions to keep government running until Barack Obama could take office. At that time, they passed a massive omnibus spending bill to complete the FY 2009 budgets.
And where was Barack Obama during this time? He was a member of that very Congress that passed all of these massive spending bills, and he signed the omnibus bill as President to complete FY 2009.
If the Democrats inherited any deficit, it was the FY 2007 deficit, the last of the Republican budgets. That deficit was the lowest in five years, and the fourth straight decline in deficit spending. After that, Democrats in Congress took control of spending, and that includes Barack Obama, who voted for the budgets. If Obama inherited anything, he inherited it from himself.
In a nutshell, what Obama is saying is I inherited a deficit that I voted for and then I voted to expand that deficit four-fold since January 2009
REMEMBER JANUARY 3rd, 2007.... THE DAY THE DEMOCRATS TOOK OVER! Bush may have been in the car but the Democrats were in charge of the gas pedal and steering wheel of that "car" they were driving.
There is no way this will be widely publicized, unless each of us sends it on! And this just goes to show you how complacent Americans have become, in that most of us assumed Washington was working for the public.
But with the New Congress in charge ( "Rep" ).....maby now it will be Bush's falt after all......the Dem's sure Frick'ed everything up in 6 years...!
The whole political system is now so corrupt in the West, that you would think we are living with third world governments in charge. This is the sort of government corruption you'd expect in places like Africa and Asia.
to have raised the deficit .Trickle down...FAIL..... The 12 percent irish corporate was another ...Fail.... war funding without say war bonds...Fail..... Obama could not have pulled out of the stupid wars and gotten elected ...end the banksters tax cuts...that is looking impossible....My idea is for everyone to pick a partner and burn down each others house...after burning bown the banksters vacation villa in Aspen
John McCain
http://www.opensecrets.org/pres08/contrib.php?id=N00006424&cycle2=2008&goButt2.x=10&goButt2.y=4&goButt2=Submit
Barack Obama
http://www.opensecrets.org/pres08/contrib.php?id=N00009638&cycle2=2008&goButt2.x=10&goButt2.y=4&goButt2=Submit
George W Bush
http://www.opensecrets.org/pres04/contrib.php?cid=N00008072
John Kerry
http://www.opensecrets.org/pres04/contrib.php?id=N00000245
I remember earlier than JANUARY 3rd, 2007, Soldiers wounded in hospitals without even sheets on their beds, I remember VA hospitals sharing needles and creating a hepatitis breakout, I remember contractors being paid to feed soldiers, but no food arrived, and I remember men not getting the equipment they deserved. I remember bridges falling down...
The goverment dosent care about the wonded comming back home one bit...........they are forced to live like that and goverment gives them selfs a 10% raise.
The "In-fra-struck-sure" "LOL"......of our country is falling apart, along with the "In-fra-struck-sure", of the goverment is Imploding, all becouse of greed.
Everyone is screwing everyone else out of everything they can to grab thAre share of the Pot.$$$$$$$$ I'll bet ol Barney Frank is getting a Ass Full, these days..............................?
The Mo. gas tax has gone up 4 times since we moved here in 1993. This last time they said, ( AND We Promis this time we Will Spend it on our Mo. Roads ).........They Havent..! Im just about pissed off at Roy Blunt, to moving to S. Gompers place and putting up a Sears Tent, in his back yard.
I know my rent will go towards, Food, Beer, Deer Steaks, and...............................You Know !
http://www.youtube.com/watch?v=QOCoAWinq2Y
THIS IS THE PLAN TO REMOVE THESE GANGSTERS, FOREVER.
* Ice cream sundae bars are also a hit for all graduates! Set out vanilla ice cream with all manner of toppings plus whipped cream and school-colored sprinkles for added school spirit.
<a href=http://www.wysegyrlscupcakes.com/>buttercups cupcakes </a>
I've already posted it on my The Control Paradigm page:
http://peswiki.com/index.php/Site:LRP:The_Control_Paradigm
We are being lied to, on a massive deliberate scale in this country, and it is getting much worse.
Unless the American people wake up and elect men and women who will enforce the US Constitution, the way it was intended by The Founding Fathers, we will probably fail as a nation, and disintegrate or collapse into anarchy, in which case they have already prepared concentration camps for millions of Americans, who elect to become violent about this inequity.
The American people were deceived, and are still being deceived, because they do not understand or know their true history.
Stop electing individuals because of Party affiliation, good looks, or their ability to read a teleprompter. Vote only individuals into power who will represent your rights as proscribed in the Bill of Rights, and who will follow the letter and spirit of the US Constitution. It is the only way to remain a free nation, a free people, and to regain our prosperity. Think about it: Only 535 people control the destiny of the United States. Make sure that they represent YOU, You're country, and your desire to remain FREE. Otherwise you will have the harshest form of feudalism ever devised by mortal man. Once you have dictatorship, all bets are off the table. And there will be no turning back.
All the Best,
Leslie R. Pastor
http://peswiki.com/index.php/Congress:Member:Leslie_R._Pastor
Your "Democrats" are no different to our Liberal, Labour or Conservative party here in the UK. They all have some far fetched plan to create a united world by mass immigration and redistributing the wealth of richer countries, not their own wealth of course. In reality, all this will do is make a lot of people in power very rich and every country including the West very poor. Do you really want your country to become a third world country like Africa, your children uneducated and medical treatment only for the rich? Meanwhile, the rich are the ones that make the rules and democracy soon becomes a word that used to have a real meaning. Are you willing to let your country degenerate that far?
That' it I'm paying NO MORE Taxes.
You are probably right the Obama administration is the most corrupt to date. Wait till the Republicans take over in 2012. They will blow your socks off, and everyone will say they are the most corrupt government in history. Americans need to face the fact, we live in one of the most corrupt societies on the planet.
YOU happened! Now your kids and grand kids are going to suffer for your head-in-the-sand masochism.
This fucking, lying cunt is the epitome of governmental corruption.
Fraud = Death,
Embezzement = Death,
Go look them up, one could make the case that those should be institiuted in this day and age.
2 or 3 years in a country club (Federal Prisons for white collar crimes) just doesn't seem to provide any incentive to just say 'NO' to greed!
In England Circa-1700 the bankers were more worried that they might be the victims of fraud or embezzlement from criminal citizens, thus the ( Fraud = Death, Embezzlement = Death,) penalties. Even in 1700 England the bankers controlled the government.
In the USA Circa-2007 - 2011 the criminal bankers are worried they may be charged and prosecuted for Fraud and embezzlement. Because they control the government as did the English bankers they go to a country club for a year or two when they steal billions.
I would think 10 years minimum in maximum security with Bubba, some very mean bro's, and large tattooed gang bangers would make these corrupt parasites see the error of their ways. if that doesn't work I suppose we could go ahead and execute them.
Ether way works for me. (Audit the Fed! Jail criminal bankers!)
"Believe it or not!"
For with it one can do it all on paper, for if you use a gun you go to prison.
President Reagan, the great deregulator. didn't lay the foundation for the current crap blizzard, but he did build a nice penthouse.
President Eisenhauer warned us to beware. He must have been a socialist.
This is all to hard to understand, let's just blame the current guy and go watch the soaps.
all the changes, there common down, common down hard on me, oh my heart just can't take it, no, I wonder about the children and those yet to experience birth.
I feel for all of us as well, for were all acting as if there is really nothing to tell or see,
Oh but how much so there is, just look, fill your cup, fill it till it's full, full of all the meaningful things you feel, let it run over, let it spell into the hearts as nourishing drink for all mankind and the earth and children to save.
Oh say can ya see, can ya see, oh say, can't you, can't you see!
Look just what your doing to not only me, but to the memory of those who fought and died for you and me, so that we could have a life that had true meaning, something dear to honor and hold, oh say, can't you SEE!
Life was never meant to be a wholesale market place
Say you can't see, go ahead and sell yourself that lie.
That lie, that lays deep within that say;s, no I don;t see, i really just don't understand.
You lie, you lie, you lie, and now ya want to sell your lie too me, after all this time that you dreamed and schemed on how someday that lie would pay you big dividends.
Now that were near the end, and you see and know your lie really has no worth, you want to wholesale your lie to me .
Lying on a wholesale scale, come and get the lie before it's to late.
, come get your phony shallows worth of lie's, buy into what you deeply know that ain't
Wholesale mankind's heart, go ahead, sell it off piece by piece until it's torn all a part.
We have Wall Street and Walmart standing side by side,
yes we have Wall Street marching to the drum in step with the bull market beat, hedging the funds, while Walmart go's out into the small towns of this country, to sell yet another one, oh see how all the bull market boys are playing with our money, while having fun.
The markets down, with no one left to trust, and here you and i are left lurching in the dust.
All is good, all is calm, all are working for next to nothing, sound the alarm.
Like marching ants in and out the doors shoppers are searching the merchants floors for all the bargains they came in for.
Only to find a welcome sign, and beneath it the tag which reads, ..discount!
Ah, were in heaven, we've saved a dime, not yet a life however that slaved to produce your item in hand, but we saved a dime.
Cheep labor is a must for markets to rise, go not hear for these Americans ask way to much.
Go to some far off land, where slave labor can be controlled ,while Walmart beats the Wall Street drum,
look out shoppers cause here we come.
Were coming to a city near you,
too a small town, look! another small town going down.
Read the sign, build, invest and save a dime while we hedge you're funds for more money to us make come.
Oh happy days are here again, there here again, and you lie, you lie, you lie.
Not only I, but my children and their children and theirs to be will be working twice as hard to pay the debt which the Wall Street boys
sold to you and me.
We trusted and this is what we got, oh my Lord is it not too late to turn the tide, tell us how rough the the ride will be, and what it is we must now do if were to survive.
Do we continue to trust as we have, or do we now stand as the creation of man, that which we were made too be.
Let us now begin and tell them we know they lied, and we refuse to be lied to ever again.
This woman doesn't realize that one day she will have to answer to a higher power for her high crimes to humanity.
If they do not, they can be brought up on charges before a court of law and if found guilty be fined, imprisoned or both.
So my question is, why has she not been held in contempt and so charged?
Not only her but, president Bush and members of his cabinet for invading Iraq on false pretenses!
Yes! we have justice in this country and it's spelled.... JUST-US!
I also think the current situation started in Franklin Delano Roosevelts term in office. He was a womanizer, and lacked moral standards. He never had brains enough to run a country.
WE have had a WOMAN President, Her name was Eleanor Roosevelt. FDR may have had a mistress but Eleanor ruled him. She even called him on the phone at his girlfriends house when he was staying in California and told him what bills to sign and what not to put his signature on. His followers wouldn't believe he was that weak.
I think the Muslims will keep on until they rule the USA. It isn't the president's fault it is the Voters. We put him there. Should I say our kids put him in office and they will be the ones who will have to live through the big mess he is making.
Enough soapbox oration.
THINK before we let him run for re-election.
http://rense.com/general92/birthcert.htm
The senators and other representatives of the Forum lived lavish lifestyles and hired friends and relatives to fill government posts. They voted themselves generous pay raises and established a generous welfair system to insure their positions.This was all "fair and well" so long as the Roman Armies had rich countries to plunder. Eventually this all came to an abrupt end when their supply line became too long to sustain. Corruption and devaluation of their currencies, in Rome, brought the whole "house of cards" down on their heads. In the end, they couldn't pay their soldiers, nor feed them..................beginning to sound familiar?
Take a good look at Germany during the 20's and 30's and you'll see where we're headed. But, have a good day, though.
When the Fed expands its balance sheet, that means it is buying assets. Just exactly like when a person buys a car or a stock or a house, they exchange money for a property that can later be resold. So, when the Fed "increases its balance sheet," that simply means it has purchased more assets, which are generally gov't bonds, corporate bonds, and mortgage backed securities. Who "gets all that money" is whoever owned the asset before, and it's not like it's some gift--they get money in exchange for the valuable asset that they are selling. On the other side, the Fed is getting the valuable asset in exchnage for the money it is paying, and it can hold that asset, the asset can gain in value, and the Fed can sell it later on and get the money back, often with interest or appreciation. When the Fed's balance sheet increases, that just means that it owns more valuable assets. A person with even the most rudimentary understanding of this would not ask something as nonsensical as "who got all that money." Armed with his gross misunderstandings of this process, he then starts questioning about alleged "off balance sheet" transactions, but those are unproven allegations by a third party that would need to be investigated, Ms. Coleman stated outright that a high level review was being conducted, but she was clearly there to refute whatever line by line allegations of impropriety Grayson happened to latch onto. In any event, Grayson is obviously ill-qualified to opine as to the propriety or impropriety of any such transactions, and most likely wouldn't understand any explanation he was given.
It's really that simple, and it's why this clip resonates with so many people...
There are also some economist's and others who know what's going on and are trying to wake up the sheeple and get them out of the shearing shed but, because the FED and the MSM say sheeple don't need to know what's going on the alarm goes unheard.
The Fed and Multinational Big Business are bankrupting the U.S.A. If the sheeple knew what the FED and their cronies are really doing what's happening in Egypt would seem like a minor political adjustment compared to what would happen here. That shearing shed would end up burnt to the ground and carnivorous sheeple would be feasting on barbecued herders and their dogs.
So, if you want to argue that the Fed is running amok without supervision, please, please use some form of evidence that actually supports that point. This video most definitely does NOT.
i understand everything you think that i do not...but that's not the point of the clip...grayson knows what you stated, but he still went after her...it's theater...all to make a larger point about stealth Fed bailouts and lack of accountability and transparency at the Fed...it's metaphorical in any way...
the details matter less than the impression it gives...here's how it works...if one's goal is awareness, then one uses whatever tools work the best...and this clip works the best of 15,000 that i've posted...it makes most people angry and upset and teaches them about the Fed...it's not for you and me and others who know these issues inisde and out...it's for my mom...your mom...our friends...our kids...it's to be shared with normal americans who don't already know what we know...etc...