Sunday, November 1, 2009

Why Audit the Fed?

Once upon a time, the Fed purchased government bonds and issued currency. But that changed last year. Follow the link to Bloomberg . I suppose that Geithner using his position as President of the New York Fed to hand out taxpayer money to special interests is what made President Obama consider him an excelent choice for Secretary of the Treasury.
Posted by at

1 comment:

  1. MysteryNovember 3, 2009 at 6:59 PM

    Government Sachs and jp morgan own obama so this is no surprise to those who realized this before the election.

    http://www.opensecrets.org/orgs/summary.php?id=D000000085

    http://www.opensecrets.org/news/2009/07/jpmorgan-ceo-jamie-dimon-donat.html

    http://www.economicpolicyjournal.com/2009/07/president-obamas-favorite-banker.html

    http://www.nytimes.com/2009/07/19/business/19dimon.html

    http://www.businessinsider.com/goldman-sachs-changes-its-status-to-financial-holding-company-2009-8

    http://www.salon.com/opinion/greenwald/2009/04/04/summers/

    http://www.ritholtz.com/blog/2009/03/backdoor-bailouts-for-goldman-sachs/

    http://www.propublica.org/ion/stimulus/item/stimulus-transparency-watchdogs-keep-contract-details-a-secret-813

    az=view_all&address=132x4725893
    http://www.noquarterusa.net/blog/2008/09/21/baracks-wall-street-problem-is-now-americas/

    http://www.americanthinker.com/2009/07/will_dems_allow_goldman_to_man.html

    http://www.noquarterusa.net/blog/2009/07/02/will-cap-
    and-trade-be-the-next-bubble/

    ReplyDelete

Subscribe to: Post Comments (Atom)