Posted on 09/15/2011 3:20:36 PM PDT by PieterCasparzen
We're missing the story of what's going on in Europe.
Timmy Geithner is making trips over there.
European banks are collapsing.
The U.S. government is getting involved in helping European banks and central banks.
This is where the Fed is used completely unconstitutionally. The Fed is audited. But this activity with other central banks is not known in detail until long after the fact.
That means the U.S. government is throwing money around without Congressional approval.
This is government overstepping it's bounds.
That's why the Fed was set up as being outside the strict definition what constitutes the U.S. government, so it would not be subject to Congressional approval when lending money internationally.
It only works if the other countries have responsible leadership and we don't experience significant losses so there is no loss passed on to the U.S. taxpayer, and alls well that ends well. If there is such a loss, we have de facto government spending - without specific Congressional approval.
This is treasonous. If European banks borrow and default, America can be destroyed without ever setting foot on our soil. Perhaps that’s the plan.
The lawyer on Breaking Bad is the guy for one stop shopping.
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