Federal Reserve Cannot Account for $9 Trillion

[peaceandlove]

Federal Reserve Cannot Account for $9 Trillion

Posted by dynamic75 on 05/12/09 4:04 PM

This is just one more reason for HR 1207. The federal reserve has destroyed our economy long enough. Now they have $9 trillion in taxpayer money that they cannot account for.

Federal Reserve Cannot Account for $9 Trillion

Tuesday, May 12, 2009 12:30 PM

By: Julie Crawshaw

The Federal Reserve apparently can't account for $9 trillion in off-balance sheet transactions.

When Rep. Alan Grayson (D-Orlando) asked Inspector General Elizabeth Coleman of the Federal Reserve some very basic questions about where the trillions of dollars that have come from the Fed's expanded balance sheet, the IG didn't know.

Article continues: http://moneynews.newsmax.com/finance...mo_code=7F9F-1

Source: http://www.campaignforliberty.com/blog.php?view=18045