Federal Reserve Scandal Bigger than ACORN

Accuracy in Media ^ | September 25, 2009 | Cliff Kincaid

[opentalk]

But the question of what the Federal Reserve is doing with trillions of taxpayer dollars makes the ACORN scandal look like peanuts.

For the first time, a hearing is being held on Rep. Ron Paul's Federal Reserve Transparency Act of 2009 (H.R. 1207) by the House Committee on Financial Services. Grass-roots pressure has been credited with forcing the hearing into what has happened to trillions of dollars supposedly spent by the Federal Reserve on the stabilization of the financial system.

[opentalk]

While the ACORN scandal involves tens of millions of taxpayer dollars and became a national scandal because of the BigGovernment.com videos, some other videos that examine what has happened to trillions of dollars involving the Federal Reserve have become increasingly popular. These videos, however, don't involve undercover footage. Rather, they show Rep. Alan Grayson trying to pin down government officials at congressional hearings on what has happened to the missing money.

In an exchange captured in a YouTube video, Grayson questioned Fed Vice Chair Donald Kohn about Federal Reserve officials distributing $1.2 trillion dollars since September 2008, without reporting where they lent the money. In another video, Grayson questioned Inspector General of the Federal Reserve Elizabeth Coleman about where the money has gone and whether anyone is overseeing the activities of the Federal Reserve.

[BuffaloJack]

We need to take the Andy Jackson approach to the Federal Reserve. Shut it down, sell off all it’s assets and put the proceeds towards paying off the national debt.

[UCANSEE2]

Shut it down,

Great idea.

Except, the owners of the FEDRES aren't going to let you.

sell off all it’s assets and put the proceeds towards paying off the national debt.

Only one problem. We are it's assets.

[concerned about politics]

what has happened to trillions of dollars supposedly spent by the Federal Reserve on the stabilization of the financial system.

I think the tax payers, those who are being enslaved by it, have the right to know what they're being forced to pay for. What has Oboma done with the trillions stolen from their present and future pay checks?

[bmwcyle]

Washington DC is completely out of control.

[opentalk]

what has happened to trillions of dollars supposedly spent by the Federal Reserve on the stabilization of the financial system.

I wonder if Goldman Sachs is involved and money sent to foreign banks.

[GOPJ]

Liberals are after the Fed - so I doubt they’re as bad as ACORN - ACORN is a criminal organization...

[AAABEST]

I wonder if Goldman Sachs is involved and money sent to foreign banks.

I guaran-freakin-tee you that GS, foreign banks and host of others are in collusion. It's a certainty.

Northeastern and international bankers are an incestuous bunch who all have each other on speed dial.

[concerned about politics]

Liberals are after the Fed

Yeah, but not to clean it up. They want to control it.

With liberalism, it's always about power and control - always.

[SumProVita]

“Washington DC is completely out of control.”

UNDERSTATEMENT!!!!!!!!

[penelopesire]

PING!

[BuffaloJack]

It may be bigger than ACORN financially, but ACORN is actively trying to turn Amerca into a commie society. Get the proper people into power (and it ain’t RINOs) and they will take care of the Fed.

[opentalk]

Get the proper people into power (and it ain’t RINOs) and they will take care of the Fed.

In the mean time is America being looted, via the FED

[B.O. Plenty]

You know, there is speculation out there that the fed is actually responsible for John Kennedy assassination.

You say...arrrrggggg, not this shit again...I admit right away that don't know....nobody does and NOBODY evidently never will know what actually happened.

....But....

....of all the theories, this makes the most sense to me:

JFK, in the summer of 1963 ordered the Treasury to issue United States Notes in payment for debts instead of "borrowing" Federal Reserve Notes. The effect of this would be to cut out the Federal Reserve banks and whatever interest they charge, thus saving the American People billions of dollars.

Therefore, to save the "owners" of the Federal Reserve System, Kennedy had to go.

JFK-US notes

It's Time to Part Company

[raygunfan]

interesting...cutting out the theives from the fed..hmmm, what a concept.

[TruthConquers]

Yes, I have read that J.F.K had ordered Silver Certificates to be issued by executive order.

Any form of REAL money, as opposed to fiat, is a threat to TPTB.

I never cared for all of the Kennedy conspiracies, but with the implosion of the US dollar, I really wonder now.

[PGalt]

Speaking of audits...what else is FEDZILLA doing...(lots of great comments at this site also)...

http://www.zerohedge.com/article/fed-hiding-gold-swap-arrangements-foreign-central-banks

Thanks to Tyler Durden at zerohedge and FReeper katiekins1 for the link.

FED UP!

[GOPJ]

With liberalism, it's always about power and control - always.

I agree.

[PGalt]

So much more...here...

http://www.zerohedge.com/article/declassified-state-dept-data-highlights-global-high-level-arrangement-remain-masters-gold

Thanks to Tyler Durden at zerohedge and FReeper katiekins1 for the link.