GAO Fed Audit Released

Haven't seen this here and not sure why its not getting talked about more than what I have been able to find.

July 21, 2011 the GAO released its findings and recommendations on the Federal Reserve as part of the Dodd-Frank legislation.

Most of what I have seen reported is a little convoluted, but if there was ever any doubt to the level of improprieties the fed has been accused of this report removed most's doubt.

This article reports $16T to foreign banks between Dec. 2007 and July 2010 as part of an unsanctioned bailout through various means...

The Fed Audit

Read for yourselves. Would like to hear opinions from all sides.

 

Helicopter Ben is going to get off scot-free just like all the other stuff he's done. Everyone knows that's what the Fed policy was. He'll do his usual means of escape: Be on both sides of the argument so he can't lose. I cannot stand this guy.

Metal. Music. Life. www.headofmetal.com
 

Ron Paul is definitely rubbing one out to this.

- Bulls make money. Bears make money. Pigs get slaughtered. - The harder you work, the luckier you become. - I believe in the "Golden Rule": the man with the gold rules.
 

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