Is Anyone Minding the Store at the Federal Reserve?
Ok this is why we are so fucked. When the inspector General of the federal reserve doesn't know where the money is going. 1 trillion dollars is lent and they have no idea where the money is. Then who the fuck audits the Federal Reserve, this chick totally gives these's congress guys the run around.
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I'm with you man, saw this a while back, and pulled her story from the federalreserve.gov site, here it is for anyone interested in her back story:
Elizabeth A. Coleman was appointed Inspector General for the Board effective May 6, 2007. In this role, Ms. Coleman leads a staff responsible for promoting economy, efficiency,and effectiveness within Board programs and operations. The Office of Inspector General (OIG) is also responsible for preventing and detecting waste, fraud, and abuse at the Board, among other duties. The OIG achieves its legislative mandate through audits, evaluations, investigations, legislative reviews, and by keeping the Chairman of the Board and Congress fully informed. Ms. Coleman joined the Board's OIG in 1989 as a senior auditor. She was promoted to program manager in 1999 and to senior program manager in 2001. She was appointed to the official staff in 2004, as the Assistant Inspector General for Communications and Quality Assurance. Over the last eight years, Ms. Coleman has worked closely with the Executive Council on Integrity and Efficiency, a professional organization of about thirty statutory Inspectors General who are appointed by their agency heads in certain designated federal entities, including the Board. Prior to joining the Board's staff, she was employed by the Government Accountability Office. Ms. Coleman has a BBA from James Madison University and is a graduate of the Stonier Graduate School of Banking, Georgetown University. She also attended the Federal Reserve System?s Trailblazers Leadership Conference. Ms. Coleman is a Certified Information Systems Auditor.
It's not like she was just appointed or something, pretty fucking incredible!
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come on man it's niot like its a million dollars. in just over a 2 years 2 trillions dollars has gone missing and theses douche bags have no idea where it went.
This is the national debt and its in trillions.........
$ 11,392,455,981,101
think 2 trillion went missing that's a shit load of money. Theses guys need to be held responsible for our money.
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im pretty sure it went to rich peoples pockets. iraq made it easy to funnel that money away. what can you do? its in the economy making the country run. who knows if it even existed in the first place? the financial sector of our economy (which was like 40% at some point) was basically created by moving money around like a shell game. it never was exchanged or used to produce something.
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"The Treasury Department is expected to announce next week the first group of banks that will be allowed to repay the money."
The government is going to tell a bank if it is allowed to repay a loan it was forced to take.
The banks supposedly have our money (which we supposedly earned) in their vaults right?? This is slavery.
Who's to say that Obama can't just crack his whip and simply empty ALL the FDIC Insured banks so he take all of the money (which we supposedly earned) for the purpose of spreading the wealth around.