Geithner and Bernanke: Laundering Money Through an Illegal Trust?
by Frank GaffneyThis afternoon on Secure Freedom Radio we announced a breaking news story concerning the Administration’s ongoing cover-up of AIG financial wrong-doing. In an interview with David Yerushalmi, senior litigator on the Murray v. Geithner et al lawsuit, we expose possible fraud, money-laundering and criminal activity.
As Yerushalmi says in the interview, “So here’s what we find out in the midst of discovery when we depose the Treasury Department’s deponent and the Fed and get documents, here’s what we’ve learned: The Federal Reserve Bank of New York at the time that it structured the debt that it was going to give AIG insisted that not only did it get the debt, not only would it get principal and interest payments and collateral for that, it wanted 80% of AIG, precisely 77.9% of the shares and the voting rights. But the Federal Reserve Bank and Geithner knew that it was illegal for the Fed system whether there’s a Fed or the Federal Reserve Bank of New York to own that, so what did they do….”
Read the rest – the transcript and audio of the interview – at Secure Freedom Radio. Come back for an update tomorrow involving Neil Barofsky, Special Inspector General for TARP….and an animated movie showing exactly how the AIG, Treasury and Federal Reserve scheme worked…
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148 Comments
Geithner was raised in a corrupt family. His father and Obama's mother were involved in micro financing and laundering money in Indonesia and other 3rd world countries. It's in HIS blood. This would not be any surprise as far as I'm concerned. Infact it's been blogged about for a long time. If you connect the dots, the whole administration is colluding to rape this country. They are all liars.
We are being duped by the most corrupt people that have been waiting for decades to form this cabal of financial manipulators. Wake up and smell the crap folks. It's our money.
To TheFonz: Geithner is not Jewish he is a non-practicing Episcopalian. You are an anti-semtic creep.
There are many problems with Geithner but trying to bash a religion through him is an act of vile deceit and you should be ashamed of yourself.
In America (you are an American Fonz aren't you?) we judge individuals by their actions, not the circumstances of their birth anyway. You must have missed that.
What could possibly go wrong with giving a couple government beaurocrats a few trillion bucks to spend as they see fit?
Investigate audit the federal reserve and the irs then abolish both
Oh Boy….this is an early Christmas if this story has legs!!
Wonder if the Repubs will pounce on this.
How true! that's why obama always always has a new spin for the day. They are at warped speed tring to take over this country . The truth is rising and and a new day is coming soon
__T H R O W__T H E__B U M S__O U T__!
Well said, JH3. You are correct, kind sir or madam.
No.
OFF_WITH_THERE_HEADS!
no throw the bums in jail!!!
You do know that Henry Winkler, who played the Fonz, is Jewish
he is a one note guy…
we tried to tell him he's missing the boat- there are PLENTY of bad guys to go around. Fixating on the jews is just what a lot of them want.
No race- or religion- has a hammerlock on evil…
March them to the Gallows!! Fu***** traitors.
THROW_THEM_INTO_THE_POTOMAC_!!!
So if I understand this correctly The Fed and the Treasury department demanded and received not only principal and interest payments and collateral, it wanted 80% of AIG, precisely 77.9% of the shares and the voting rights. To which they put the money in a trust. All illegal as hell.
So we are also paying the interest on this loan as well, aren't we, since this was money loaned from the Fed to our Government, to AIG? NICE! The Fed is illegal, it needs to go down! We pay interest for something congress could be doing for free, coining our own money!
…"we judge individuals by their actions, not the circumstances of their birth anyway."
Nor do we judge them based upon their religion, or lack thereof, whatever the case may be.
Do Republicans not have the ability to launch investigations? How are these leftwing criminal vermin allowed to operate like a crime syndicate out in the open? This is an illegitimate govt; we need a taxpayer revolt. If tens of millions of Americans decide to say "phuq you!" to the thieves and liars in DC there would be little they could do, they cannot imprison us all.
This admin is fleecing the taxpayer and telling us, with their hands in our pockets, that some faceless corporation behind the tree is really stealing our money, disregard Hussein's gollum like hand in your pocket.
Dear God I'm ready to hang them all.
nah…they might float like the tur*s they are eh??
Oh My…….! We must not rush to anu judgement! LMAO
No, you NAZI scum, but if they did, nobody but you would care.
Ok, we get it, you hate Jews. Now go outside and play hide-and-go-f^*#-yourself.
Geitner, Bernanke, Obama, Holder, Emmanuel = THE WASHINGTON WEASALS
With "Depression Ben" and Timothy "Tax cheat" Geithner at the helm we're sure to lose. I keep saying this; this is no accident, folks. WTFU!
The(real) Fonz IS Jewish!(at least the man playing him was!)
Fonz why do you bother typing more then this "Jew et al: " as we all know what you are by now, and you only post when you feel you can bash the Jew's !!!
Throw them into the La Brea tar pits to be sure.
Remember when Maobama insisted that Geithner was the ONLY guy who could do the job and his nomination needed to be confirmed? Yeah, he was the guy alright…for the inside job.
A Jew called Jonathan Pollard gave our secrets away to Israel. Why was he able to do that? Because of empty-headed people like you giving him that access. He wasn't empty headed – he knew his loyalty was with his RACE. Jonathan Pollard was born in GALVESTON, Texas. His loyalty was with Israel. Why? Because he was told he was a "Jew."
I implore you do test your theory – merely suggest a Muslim will be named Secretary of State and note the reaction.
That's weird – I thought for sure he as a Hebe. Oh well, I stand corrected.
It's easier said than done. When you try to excise a cancer from a major organ, the risks are very high. We need a PURE and HONEST commission to audit these bastards. Then proceed form there. This is all about the NWO and our money flowing to the UN and other EU countries, thanks to Soros. Laudering is just the tip of the iceberg.
.
What could possibly happen if the Treas. Sec and Fed Chair get caught up in money laundering?
Lack of public confidence? Run on the banks? Collapse of the dollar? Martial law declared in the panic with BHO and the SEIU in charge of things? What's to worry? You guys are just right wingers looking to make things up.
Marxism never sleeps….
Oh WOW. Someone who finally understands. Thank you.
That would put you in gross violation of the Clean Water Act!
Hitler was Jewish. So is Rahm Emanuel. Can't say either are big fans of Israel
And now you understand why they have so very, very desperately tried to break the 2nd amendment. Their takeover cannot happen while we are still armed…
It's just for our own safety don't you see?
Do you not get that both sides are on the bankroll?
Yeah, that's why I said it. Sometimes ya just got to let that animalistic reaction out.
On that point I agree with you. There are all kinds of Jews and Rahm and his father were terrorists and Rahm has no business being in this governement. BUT please don't paint all the Jews with the same paintbrush!! Just like in Iran, there are many people who hate that regime and are fighting for freedom and not ALL are like the stupid Ahmadingaling.
You are anit-semitic despite ther affiliation and the beliefs Just like in this country, there are criminals, anarchists and there are good people.
Should we be truly surprised about this? You think these guys give two squats about 'the rules'? The answer to both questions is hell no, but they mask their evil ways in the veil of Too Big to Fail. However, if you really think about it Big Ben and Little Timmy essentially concocted the Too Big to Fail kool-aid. They drink it daily and serve it to Congress when questioned. The question I have is why does Congress continue to drink this filth? The answer lies with our complicit Congress.
I'm thinking the "East River"!! LOL They'll never notice who's who amongst all the other dead bodies… LOL
Save the environment-bring down here to the swamps-gators love floaty things.
Time for Podus to clean house. Now that Geithner and Bernanke have served their purpose, they should be quietly shown the door in the next six months, then bank reform can commence.
John,
WAKE UP!!! Do your own research, and you will see how corrupt this administration is. Right wingers are not making things up, but we the people will make things right very soon. Stop being such a follower and WAKE UP!!!!!!
Where are the progressive liberal trolls now? .. lol
NO……………….hang the bums.
So when are people going to get the guts to do something about this ? I mean, really DO something about it ? The time is slipping by…. soon the opportunity will be lost. As they consolidate power, our freedom is gone. I don't think people recognize they are seeing the takeover of the U.S. government by communists and criminals. But is anyone in the streets ? No. Is anyone doing anything other than talking ? No. We are too comfortable to take risks… we can't imagine what it would mean. We apparently are too comfortable to take those risks. We are fulfilling the expectation of the founders… freedom has a limited life, and it has about expired here. This is a matter of survival… and we won't survive if this continues. Better get serious here.
Stock up on guns and ammo, you'll be needing a liberal supply of both.
You really need to watch the exercise of raw corrupt power in the House. You will find it unbelievable. But it's not unbelievable… it is happening. Will we ever wake up ?
http://www.youtube.com/watch?v=OFqN2Kdib3w
Great news for the End the Fed movement! I insist that we'll see the ending of Federal Reserve in our lifetime. That is a day that I can't wait for!!
Hitler was not Jewish.
How convenient the new, now famous, Senator Brown somehow could not be sworn-in for his new job in time for the Bernanke confirmation. Wow all the money people from around the country poured into Brown, only to no show. Headline should be, where in the world is Senator Brown. And where are the Republicans? Again, out to pasture. Don't hold your breath folks on anything happening to these two crooks. The entire country has allowed usurpation of the office of the president, what do you expect, its called pay-back time, all they have to do is drop a hint of threat, and they get whatever they want. Get it. Simple.
Petition to the Hawaii Government to release Obama’s Vital Records
FULL TEXT OF PETITION:
http://www.thepostemail.com/2009/12/26/petition/
This is quite a charge. Responsible journalism demands ensuring that all the 'facts' check out before providing such a scandalous lede.
Is this the hard core conservative response to the O'Keefe stories?
And then SHOOT THEM IN THE HEAD.
Hourner Amongst Thieves.
It's A Canadian Thing.
Umm, yes, he was. Why the hell do you think he looked nothing like the "master race"? He hated himself, and "his people". You know, like liberals hate being Americans. Oh, yes, that's right; Hitler was a left-wing nutjob as well.
To quote BSG: This has all happened before, and it will happen again.
boo YAH do it yesterday!
If they don't, we will disown them. Some one has got to stop this S—T. A man that won't pay his TAXES , I s not worth a S__T.
GAH crooks everywhere
I'm physically ill.
[...] Originally posted here: » Geithner and Bernanke: Laundering Money Through an Illegal Trust … [...]
A man with no Birth Cert. ,Iscalled a B_____D We can't Qualify him. So who want's to anyway. His day will come. Lets all Pray For it.
At what point does this reach the qualifying point of "impeachment" proceedings?! This is the most irresponsible, deceitful administration in my lifetime. As laws continue to be broken and those closest to the president continue to push the barriers in this regard, when is enough enough?
Excellent point Jacey! I was thinking the same thing as I was reading and pow! You had already said it. If I remember correctly, there was some R's who felt like he was the only one qualified…don't remember who…but this whole thing stinks!!!
Truly, there's nothing bright about that. What would make me happy is for these arrogant fools to see the error of their ways.
Will PA hold a special election or does Rendell (spelling?) appoint a replacement like in IL with Blago/Burris?
I wanted to add other comments on his possible passing…but I will refrain…for now.
I just saw that Kirk won the R primary in IL. Where are the tea party people? Another career politician moving up the food chain. WTF?
I am with you. They all need to go.
Is there anyone in this administration that is NOT corrupt? I want to believe in the basic "good of mankind" here, but I am losing that faith by leaps and bounds!
And…would this ever go to trial? Is this something Attorney General Holder can sweep under the rug? Will this story every see the light of day in the old media?
It"s gotten so bad that we are being lied to everyday, and to our faces. This Administration wants to break the country, declare an emergency and then takeover everything. Obama is one sick alien. He obviously hates America. He just said, people shouldn't be going to Las Vegas in hard times. WOW, now HE thinks he can tell people how to live and where they can go? WOW, these Democrats are sick Socialist/ Marxists.
When the Republicans get control they should investigate for treason. Obama being the first on the list. He lies almost every day he says something. This is just sad how this country is being hosed.
So he LOOKED LIKE A JEW? You guys can't win. So, what does a dirty Hebe look like, eh?
*thunk*
No, he was a Jew.
He also didn't look anything like the "master race" he was such a proponent of.
Are you that brain dead?
[...] is the original: » Geithner and Bernanke: Laundering Money Through an Illegal Trust … tags: 3rd-world, because-obama, calling-out-las, indonesia, micro-financing, mother-were, [...]
People shouldn't be going to Vegas? Well, that depends. It seems the Islamos only go to Vegas right before they commit jihad. Hmmm.
If this is true, I would think impeachment is in order for the president, at minumin. Term limits need to be enacted, we have too many power players in high places, how could they not be corrupt. A gratful nation thanks you thanks you for your service, now go home. Don't go away mad , just go away.
Bailouts, monetizing debt, call it what it is… Money Laundering!
http://www.youtube.com/watch?v=I4jnsSDRepo
In the current situation? Not a chance. It would be blocked at every turn and/or bottled up in a committee somewhere. I'm afraid America ripped the brakes off this train by voting in so many of one party. Until we fix the imbalance we won't even get debate, let alone justice.
"…when are the people going to do something about this? "
Never. The problems are now too big and the economic trajectory is in a total nose dive. Further, the "people" would have to undo thousands of strands of the web at federal, state and local levels. The only solution is to clear the books and start over. After all, we started this nation with just a few pages controlling all our local and interstate commerce and international relations.
To fund all his budget, Obama today includes revocation of income tax deductions for the big three – mortgage interest, charitable deductions, and state taxes, and much more. By combining them with the impending sunsetting of the "Bush tax cuts", January 2011 will be the front edge of the next slope down in consumerism and the complete rupture of our economy..
The grand charade is coming apart. When the dust has settled and the culprits are behind bars, I hope it is said that Bernie Madoff got off easy.
To the Fonz… There is a great misunderstanding on the Jews because the authority's of the christian religions
do not properly teach about the bad seed/descendants of Cain in the Bible. There is a huge difference between the false zionists and true zionists. Haven't you seen the words of Christ when he talked about the blasphemy of them which say they are Jews, AND ARE NOT, but do Lie, and are of the synagogue of Satan.
Rev 2:9 and 3:9
Do you know what truly happened in the garden of eden? Haven't you carefully read gen 3:15 when God spoke to the SERPENT and said "And I will put Emnity between THEE and the WOMAN, and between THY SEED and HER SEED. What? He has seed? And then it continues" it shall bruise thy head and thou shalt bruise his heel.
And this being Prophecy from God meaning the serpent seed or his children would be responsible for nailing Christ to the cross and the head of Satan would be crushed ultimately in the end. This is why the Jews get improperly blamed for the crucifixion. And thus causing trouble for our brethren Judah.
Do you realize the word apple is not in the scripture regarding this matter? its not even in the manuscripts and the story of Eve eating a apple is a falsehood. The story is in parable form and the trees should be thought of as people. And Satan is the tree of the knowledge of good and evil and Eve which took of the fruit thereof is the indication of the sexual union. I know its not clear to the way some would like but it is the result of the way the passage was written and the translators translated it.
Paul would write, I want to present you as a chaste virgin to Christ, NOT as EVE who was Beguiled by the serpent. other words, wholly seduced is the better translation.
If anybody wants to know the deeper truths and the mysteries of God, they have to rightly divide the word of God and trace important key words back to the original languages with tools such as a good concordance to see truth better. It was intended that only those who truly seek truth will find it and those who don't care will not find it.
I apologize to anybody that does not like this teaching, Its not for everyone. It can be very hard to except when most of us being taught so differently at a young age. As young children are so trusting to what their peers say and then to discover differently later in life.
A lot more can be said of this subject. there is a lot more in the bible on this.
Hey fonz do a search on the net for the four hidden dynasty's of the end times to discover how the bad seed plays a roll in the end times.
It seems like the only investigation the republicans are interested in launching are the ones against Clinton, for being a man-whore…I don't understand WHY they wasted so much time on that instead of going after REAL criminals…Like THIS administration!!!
That is the MOST OBSCENE thing I have ever seen!! Everyone should watch at least the first minute!!!
I truly think that Obama has it in his head that, if he talks enough, that eventually WE THE PEOPLE will join him in his destroying of our country!! NOT GOING TO HAPPEN!!
A man named Clinton gave China our supercomputer technology. I suppose Bill is Chinese? You are pathetic.
I'll take that bet.
Now you've gone and done it, what's TheFonz to do?
The charade is revealed and when the dust settles, it will be us behind bars and China will be holding the keys.
I recently talked to an IRS Auditor, sent them copies of invoices 14 pounds of copies. They agreed that I had proved my expenses then said they were still going to bill me for $300 because I didn't include invoices under $5. Then I did point out that the regulations only require receipts for expenses above $75. They now have it under review, while I am printing copies of the little receipts to send them, another 600 pages for them. Thank God for Neat Works or I would still have file cabinets of receipts.
These guys don't know the rules and are not properly trained. The IRS makes the Mafia look like a well organized group. We need a new system this is no longer working on any level. I do like it when people say the tax code is 67,000 pages but they also have to include the definition books to make it over a Million pages.
Just for fun, call the IRS and ask them to explain depletion of oil well deduction to you. Then ask if new technology comes along that you can extract more oil than previous estimates what happens. You should be able to single handedly shut down the IRS because there are only 3 people that really understand this issue in the entire IRS system.
Just a few days ago I heard someone ( I THINK it was Rush Limbaugh) say that our tax code is nine and a half million words… twelve times the size of the Bible.
When the head of the IRS cannot even do his own taxes there is a problem.
I can't believe that no one really audits the Federal Reserve and can imagine the money given to friends of the head guys making them rich as a by product of there friendships. This is just plain wrong and so far nothing either of these guys have said makes me believe they are not breaking the law in so many ways.
It really is upsetting that no one knows all the rules because they are so hard to understand that no one can do fully understand them. I used to deal with CPA's every quarter and they have a double talk that is scary. I now have an Accounting Degree and see that most of their double talk is there point of view that this is legal but depending on the auditor may not be legal.
That is the truth and why we need term limits. Our representatives (most of them) are in Washington for themselves not the people that voted for them.
On the bright side, Murtha might die tonight!!!
We must say Phuk U to them. Withhold your taxes. Vote every incumbent, EVERY INCUMBENT, out and try for treason, convict and execute the criminal scum that inhabit Washington, your State Capitol and your local city council. Every politician in this country should pay. At least every Dem and Repub. They all need to swing by their necks.
I want one of these corporate owners to produce the loan records that they should have gotten when they recieved money. I do not understand how this money (OUR Money) was given out. If there is no agreement (which is what it looks like) the government just literally gave our money away and everyone who voted for TARP 1 & 2 should be tried for theft and placed in jail.
If there was a loan agreement then it should be adhered to. This is like borrowing money for a house and the bank telling you how to decorate the place. If it's not in the agreement then stop complaining about the way the banks spent the money and start complaining about the idiots who voted to give the money with no oversight to the banks, insurance companies etc.
By the way Jan sales of Ford cars was up 25% how is GM doing? We haven't heard about GM lately or are they now being run by the brain trust at Amtrack?
Tom, I spoke to my tax lawyer yesterday and he is trying to get his firm to allow him to escrow our taxes for small business owners and not send them to the federal government until they can provide an accounting of the expenses of the Federal Reserve. He said it is a long shot and would either make or break their firm depending on the press of their activities. He said that this would be the only legal way to not pay the government but still adhere to the law.
The Repubs can't even get Holder to investigate the New Black Panthers for blocking voting sites.
I knew it!
Let it be blocked or bottled up. We need a litmus test, let this be it.
I'm praying that he fails and that his estate will be liquidated and the proceeds given to the families of the Marines he screwed over to get that committee appointment.
[...] Geithner And Bernanke: Laundering Money Through An Illegal Trust? [...]
Well, according to someone above, if you are not-Chinese it makes you loyal to China. Hitler was a Jew and he, uh, therefore hated Jews? Really?
A liberal supply ! hahaha ,,,,,,,,,,,,,couldn't have said it better. Thats exactly what I would use them ALL on is LIBERALS.
Political Lies
"Are you that brain dead? "
**
That's rhetorical, right?
TheFonz
Hilter was a member of the 'Master Race', as Michael Jackson was white.
Umm, no, not confused at all. That would be you; either that or your reading skills are stuck at first grade level.
Let me speak really, really slowly.
Hitler was a Jew. Period. Read a history book.
Hitler was not Jewish in anyway, read Ian Kershaw's biography of Hitler to learn more.
There is no way they could get this far without some deep background planning. I do believe they want to change & take over America. So, what if the banks didn't fail? In order for this plan to work, they had to fail. This plan has been in the works for a few years, before the election. The only one that could make the banks & Wall St. failures a certain and create the climate needed to accomplish their plan is George Soros. Why is no one investigating him here and abroad.
But yet Bernanke just got reafirmed,go figure!…I guess it's anything goes now,no corruption here move along people.
Why is Scott Brown NOT SEATED yet? Why is Kirk STILL VOTING? And why are REPUBLICANS saying NOTHING? Something is fishy here WITH ALL OF THEM!!!!!!!!!!!!!!!
You know, it may be that you might have a little Jewish blood in you as well. Have you ever checked your own family tree? How far back did you go? Just far enough to satisfy the Nazi blood purity standards?
Senator John D. Rockefeller IV (D-WV)
5th-term Democrat from West Virginia.
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All messages are published with permission of the sender. The general topic of this message is Financial Services:
Subject:
CITIZENS ALERT: say NO to another 4 years of Ben Bernanke! The Obama & Congress sellout to Wall Street must end.
To:
Sen. John Rockefeller
January 23, 2010
>>>ALL CITIZENS SHOULD IMMEDIATELY TELL THEIR RESPECTIVE MEMBERS OF CONGRESS, TO INCLUDE SEN. REID -NV (Majority Leader), SEN McCONNEL – KY (Minority Leader), AND PRESIDENT OBAMA NOT-NOT TO CONFIRM FEDERAL RESERVE CHAIRMAN BEN BERNANAKE NEXT WEEK.
HE WAS AT THE HELM SINCE FEB 2006 AND DID NOTHING TO ALERT CONGRESS, PRESIDENT, NOR PUBLIC OF THE CLEAR & PRESENT DANGER SIGNS AND MANY RESPECTED PUBLIC VOICES OF THE IMPENDING ECONOMIC COLLAPSE. SAYING ONLY THAT "THE THREAT WOULD BE MINIMAL AND CONTAINED".
>>HE HAS AND CONTINUES TO BE A WALL STREET ALLY, MUCH LIKE GREEN SPAN, RUBIN, SUMMERS, AND GEITHNER – ALL DE-REGULATION CHAMPIONS WHICH LEAD TO THIS ECONOMIC MELTDOWN. IS IT ANY WONDER THEY ALL ENDORSE HIS CONFIRMATION FOR ANOTHER 4 YEARS? ITS THE KISS OF DEATH ENDORSEMENT AND RED FLAG.
>>ALSO, PLEASE GOOGLE "BROOKSLEY BORN CFTC" AND CHECK OUT THE FRONTLINE INTERVIEW ENTITLED "THE WARNING" AND ALSO HER 11/13/98 CONGRESSIONAL HEARING REMARKS. IT SHOULD MAKE YOUR BLOOD BOIL ON HOW THIS ALL COULD HAVE BEEN AVOIDED IF NOT FOR GREENSPAN, RUBIN AND SUMMERS (YES OUR VERY OWN OBAMA CABINET MEMBER AND ECONOMIC ADVISOR) WHO BROUGHT HER DOWN AND FORCED HER TO RESSIGN FOR ALERTING CONGRESS AND THE PUBLIC.
>>IF OBAMA IS SERIOUS ABOUT HIS RECENT MA WAKE-UP CALL HE NEEDS TO BACK OFF BERNANKE NOW, AND FIND A REFORM FED RESERVE CHAIRMAN. ALSO DUMP SUMMERS AND GEITHNER. PAUL VOLKER (HIS NEW FRONT MAN) WHO HAS BEEN CALLING FOR CHANGE FOR SIX MONTHS IS NOW THE OBAMA NEW "PUBLIC SPOKESPERSON. HA! WE DEMAND THAT HE BE GIVEN REAL AUTHORITY OVER SUMMERS & GEITHNER NOW.
OBAMAS RECENT ENDORSEMENTS OF GETHNER AND BERNANKE IN THAT HE "HAS FULL FAITH AND CONFIDENCE" IN BOTH IS ENOUGH TO MAKE REASONBLE CITIZENS SHAKING THEIR HEADS AND NOW RIGHTFULLY THEIR FISTS AT THE OBVIOUS ESTABLISHMENT SELLOUT.
It has purchased $854 billion in mortgage-backed securities just over the past year, enabling banks to profit handsomely from new mortgage loans as they shovel the risk to taxpayers while pocketing the fees.
The Fed is also PAYING BANKS interest on the $1.1 trillion in excess reserves they're holding, giving them an incentive to keep the cash in the vaults as opposed to funding new loans.
OUTRAGEOUS!! Meanwhile, the Fed steadfastly refuses to release key details on the full extent of its activities, particularly those that would shed light on its bailout-related actions.
The Fed has refused to name the financial firms it lent to or disclose the amounts or the assets put up as collateral against those loans under nearly a dozen programs. Specific Congressional authorization wasn't required for these programs. At least one lawsuit from a news organization compelling disclosure is pending.
AGAIN, PLEASE CONTACT YOUR RESPECTIVE CONGRESS MEMBER IMMEDIATELY AND TELL THEM HELL NO TO ANOTHER 4 YEARS OF "GOOD OLE BEN OF WALL STREET.
Yes I do, but your side is in power at the moment (with all the transparency).
I would like for a;ll of the Repub bankrollers to be removed via elections.
Thanks for the comment
Jeff, Amendment 17 should be removed.
Oh yes, and the MSM has been so responsible…like the National Guard hit piece on President Bush…or the attack on the Cambridge cop last year who was doing his job. Oh wait, since Obama said he acted "stupidly" it was OK to malign and discredit a police officer who instituted the race polcies for his police department.
People who live and work in glass houses shouldn't try to throw stones.
they are good people helping the US government to recover, and for the world to re-gain its power and entigrity.Me as Filipino also waiting for what will happen in the furture for this 2 great men
That is your opinion, but to the world who is observing what is happening in that part of this Mother Earth, beleived that the 2 great men were part of the recovery of the known great Country and powerful nation
Yes copperpeony I do understand lets hope more clue in too!!!
And use Obummer as the weight to pull them down!!
I agree full investigation into Tarp, Omnibus, Fanny and Freddy, all of these bailouts need to be investigated to follow the money laundering trail. Anything the Fed or Treasury was involved in. If we and our future genations will be paying off loans with interest these to these Corporate entities, in effect, we are supposed to own them. WHERE IS OUR STOCK IN THESE COMPANIES???? Where is our tax write off on these loans?? If there was a trust set up, why wasn't it put into a new entity that the people own and not Geithner, Bernanke and the " Fed boys".
These people need to be put in Jail. Geithner and Bernanke need to arrested, the same goes for 1/2 of DC. The whole meltdown originated from the Government forcing banks to give home loans to people who could not afford to pay and had no income verification AND THEY ARE STILL INSISTING THAT WE DO THE SAME AGAIN. It seems the first melt down didn't rape this country of everything, they're coming in for the kill. Frank, Dodd, Waters, all of ACORN, plus assorted others need to be arrested!!!
Because the RIINO's that controll the party are Progressives and are just like the Dems., they have the same agenda.
Yes!!!!! Private individuals should do this!!! Escrow our taxes till an accounting audit of the Federal Reserve is made? A tax strike! I am so sick of being ripped off, enough!
Sorry, folks. No reason to get all upset. In HR1494, we gave Bernanke the power to do exactly what he did, and in section 119(a)(2)(A) we told him that unless he violated the Constitution, nothing would ever hapen to him. Go read the power we gave him. The "We" here is used as it is you and me who are responsible whom we elect, and keep on electing.
AIG collapsed and went belly up on September 16, 2008…..that is 2008, as in George W. Shrub Bush, commander in chief.
This is not a partisan issue – stop being sheep and think for yourselves!
Joseph of Steel , this is what's known as the truth. Being a moonbat, I'm sure you never heard the word before.
I'm sure you are a fan of that guy Maddow.
People who don't look like the Master Race are all Jews?
Such mental masterbation – he was both a Jew and that somehow "explains" to you that he hated Jews. Typical confused person influenced the popular media – and we know who runs that.
[...] from: » Geithner and Bernanke: Laundering Money Through an Illegal Trust … tags: being-written, first-melt, forcing-banks, from-the-government, give-home, government, [...]
And you think there's a difference between the Rs and Ds? The conflict between the two parties is a charade, kabuki theatre…
TO ALL: OBAMA, CONGRESS AND CITIZENS MUST NOT FEAR THE MARKETS OBVIOUS RATTLE AND DROP SOME, BUT WILL RECOVER ONCE WE INSTALL A QUALIFIED CHAIRMAN THAT WILL REPRESENT BOTH WALL STREET AND MAIN STREET.
EVENTUALLY TRUST IN THE MARKET AND THE FEDERAL RESERVE AGAIN WILL BRING A MARKET RISE, AND THE PUBLIC WILL BEGIN TO MOVE BACK INTO THE MARKETS AGAIN -PRICELE$$.
ARTICLE ON BERNANKE CONFIRMATION HEARING THIS WEEK BELOW: By a better than two-to-one margin, Americans think Federal Reserve Chairman Ben Bernanke puts Wall Street ahead of Main Street, according to a new poll by a liberal advocacy group.
The poll numbers come on the eve of a crucial confirmation vote in which senators will decide whether Bernanke should keep his job. The poll, commissioned by the Progressive Change Campaign Committee (PCCC) and Democracy for America.
The results were largely similar across party lines, geography, sex, race and age. INDEPENDENTS, however, said they think Bernanke favors Wall Street by a three-to-one margin, the highest disparity recorded by the poll.
>>>>>READ, BELIEVE, AND BE HEARD!:"This poll proves that Americans simply don't trust Ben Bernanke. Any senator who votes to confirm Ben Bernanke will make a statement that they care more about Wall Street bankers than their constituents," Aaron Swartz, PCCC's co-founder, said in an e-mail. "If Bernanke was smart, he'd withdraw his name."
Bernanke has been under fire for the past two years. In 2007, he misjudged the fallout from the subprime crisis, telling members of Congress that the burgeoning disaster in the nation's housing markets seemed "LIKELY TO BE CONTAINED." 9WHAT A CROCK OF WALL STREET $HIT THANKS BEN!!!)
Last year, after the Fed began its historic intervention into the markets by facilitating JPMorgan Chase's purchase of Bear Stearns, many free-marketeers were alarmed by the government's heavy hand. That was followed by a series of taxpayer-funded bailouts.
[...] Big government has presented an explosive story related to AIG and The NY Fed in which the claim is made that the trust agreement that established AIG’s “grab” by The NY Fed was in fact outright unlawful: This afternoon on Secure Freedom Radio we announced a breaking news story concerning the Administration’s ongoing cover-up of AIG financial wrong-doing. In an interview with David Yerushalmi, senior litigator on the Murray v. Geithner et al lawsuit, we expose possible fraud, money-laundering and criminal activity. [...]
Ron Paul speaks truth. A must see: http://www.JoeSixPack.me
[...] we broke the story of possible criminal wrongdoing in regards to the bailout of AIG by Treasury Secretary Tim Geithner, then Director of the New York [...]
[...] Biggovernment has presented an explosive story related to AIG (AIG) and The NY Fed in which the claim is made that the trust agreement that established AIG’s "grab" by The NY Fed was in fact outright unlawful: [...]
The press will bury until an indictment comes down, then off with Turbo Tax Timmy's head. Then the Press will implicate Bush and his cabinet indirectly enough to provide B Hussein Milhous cover.
yawwwwwn, your shtick is getting tiring.
[...] [...]
we're waking up
too bad it didn't happen for repubs when Bush was raping the country, yay he lub him sum jeebus juss like me!
[...] week we broke the story of possible criminal wrongdoing in the government takeover of insurance giant AIG. In the [...]
[...] week we broke the story of possible criminal wrongdoing in the government takeover of insurance giant AIG. In the [...]
[...] week we broke the story of possible criminal wrongdoing in the government takeover of insurance giant AIG. In the [...]
So Corrupt our system is, Enron WAS the Beginning of the End….the only thing we have growing in this country is the 'book of arrests' on the average citizen for any violation and the surge and growth of privatization of prisons….
tap the man for taxes and restitution for driving with a taillight out…. feed the Pigs at the trough, and have our country run by an Emperor Who has No Clothes……that pretty much sums up our constitution now…..
[...] the Government May Not Prevent Further Discovery of the Takeover of AIGby Frank Gaffney This week we broke the story of possible criminal wrongdoing in the government takeover of insurance giant AIG. In the [...]
Interesting troll you picked up there copper!
[...] Secretary Tim Geithner and the AIG bailout, as we’ve covered here at Big Government before (here and here). Last year, Iraq war vet Kevin Murray brought a lawsuit against the Treasury Department [...]
[...] Secretary Tim Geithner and the AIG bailout, as we’ve covered here at Big Government before (here and here). Last year, Iraq war vet Kevin Murray brought a lawsuit against the Treasury Department [...]
The country of Israel didn't exist during Hitler's life, and Rahm Emanuel volunteered with the Israeli Defense Forces when the country was threatened by Iraq during the first Gulf War.
[...] Secretary Tim Geithner and the AIG bailout, as we’ve covered here at Big Government before (here and [...]