It means you found a third party that knows that taxpayers do not fund the Federal Reserve. So taxpayers are not on the hook for the $29 billion investment in the portfolio that we've been discussing.
Cite the post where I ever stated that “taxpayers fund the Federal Reserve.”
As to how taxpayers may, indeed, have liability for the Bear Stearns transaction, the April 3, 2008 hearing may shed some light on that.