Posted on 11/03/2009 4:48:09 PM PST by BloggerPatriot
The drama unfolds slowly at first. First-term (anti-bailout candidate) Democrat Alan Grayson questions Elizabeth Coleman, Inspector General of the Federal Reserve. The issue is oversight of the Fed's balance sheet, and the potential multi-trillion dollar loss that would be borne by you.
If watching the clip sends you into an apoplectic seizure as it does to me, then please help. We need millions of Americans to become aware of the Fed and its abuses. Monetization of the national debt is occurring daily (quantitative easing), as Bernanke simply creates credit and purchases Treasuries. And we haven't even begun to discuss the Fed's balance sheet and the trillions in toxic assets they have accepted (purchased) from failed Wall Street banks. Meanwhile the U.S. Dollar crumbles in value and makes new lows seemingly on a daily basis.
Trillions have been stolen from your children and used to rescue failed Wall Street banks and the Federal Reserve is the conduit. They must be stopped.
(Excerpt) Read more at dailybail.com ...
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