The Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loans from American taxpayers or the troubled assets the central bank is accepting as collateral.Refusing to tell America what they are doing with two trillion dollars of our money.
I'm beginning to think it's time to take the likes of Bernanke and Paulson out to the woodshed... or worse... much worse.
1 comment:
Jason:
Perhaps in normal circumstances, when the Fed is operating within it's normal boundries, twice a year can be enough.
These are not normnal times, and two trillion dollars is a vast sum of money to be given a few men who have demonstrated they are essentially clueless on what to do about this economic disaster.
The sad reality still remains that from Fannie Mae to the Fed there are those whose only intent is to enrich themselves, and two trillion dollars is an impossibly tempting goodie bowl to dig into.
We need to know who they are, and how much they are looting.
Keep in mind that the Fed is Israel's primary access to America's money. We need to know how much of this two trillion they are slipping out the back door.
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