Comments for Is Anyone Minding the Store at the Federal Reserve? »
Posted By onlyonesecret 6 months, 2 weeks ago in NewsRep. Alan Grayson asks the Federal Reserve Inspector General about the trillions of dollars lent or spent by the Federal Reserve and where it went, and the trillions of off balance sheet obligations. Inspector General Elizabeth Coleman responds that the IG does not know and is not tracking where this money is.
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Klarissa6 months, 2 weeks ago
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"how can she not know about the movement of trillions. that kind of cash should be reconciled on a daily basis. has it been stuffed into the stock market? that would explain a lot".
"Her job descript: "supervises & conducts? activities to promote economy and efficiency and to prevent and detect waste, fraud, and abuse in Board and Board-delegated programs and operations, as well as in activities administered or financed by the Board.
The OIG keeps the Congress and the Chairman of the Board of Governors fully informed about serious abuses and deficiencies and about the status of any corrective actions." She doesn't sound informed at all, never mind "fully informed". Fire her."
"How is it possible that the largest sum of money ever? has been spent, and nobody knows what happened to it? Is it corruption or just the most balefully lax standards that allows such poor standards of administration and governance?"
"Well if 9 trillion had been given to us tax payers instead, each American would have $30,000.00 new bucks, just like he said. This is serious money we are talking here not to know where it is." -
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lloydm656 months, 2 weeks ago
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That's what happened at the democratic retirement village called the Fannie,and Freddie resort, the democratic congressmen,and senators who hadn't retired yet stood guard so no one could catch the thieves.Including Obama.There were more payoffs in that fiasco than any other time in history.All together six trillion dollars in theft,and mismanagement.Lord help us.We are going to have more broke,and hungry families than even the public soup kitchens can handle.It will hurt everybody who is not in banking,wall street,or a members of the UAW
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Wolfie20076 months, 2 weeks ago
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Was the lady being clever and evasive or just is she just stupid? It sure is difficult to determine. Billions of dollars floating around and nobody can say where they are or who spent them and on what. On top of that nobody who is supposed to be in charge seems to care.
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