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Fed handed over half a trillion dollars to foreigners

hypocritexposer

Well-known member
H.R. 1207 is one of the simplest bills imaginable. Unlike the healthcare bill which is over 1000 pages, H.R. 1207 is a page and a half. The bill lists the existing exclusion of the Federal Reserve from oversight by the Government Accountability Office (GAO) and allows the GAO — an independent body — to audit the Federal Reserve Bank.

The Federal Reserve Bank has not had an independent audit since it was created almost 100 years ago, and it needs an audit. Many times we have exposed gross acts of irresponsibility on the part of the Federal Reserve. So, we need to dig in and get details.

Grayson: “So who got the money?”

Bernanke: “Financial institutions in Europe and other countries.”
Grayson: “Which ones?”

Bernanke: “I don’t know.”

Grayson: “Half a trillion dollars and you don’t know who got the money?”


Exclusive Interview: Congressman Alan Grayson Talks Fed Transparency and Missing Money
Written by Damien Hoffman


http://wallstcheatsheet.com/knowledge/interview-knowledge/exclusive-interview-congressman-alan-grayson-talks-fed-transparency-and-missing-money/?p=1878/



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commonsense

Well-known member
That's 1700 dollars for every man women and child in america. People should be outraged. Just think of the great things that could be done for the citizens of this country IF just this one example of the feds ineptness never happened. That might even be enough for health care for everyone, at least a decent start.
 
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