July 22

Alan Grayson: "Which Foreigners Got the Fed’s $500,000,000,000?" Bernanke: "I Don’t Know."

Source: www.youtube.com
This is Congressman Alan Grayson questioning Federal Reserve Chairman Ben Bernanke on $550B of loans to foreigners (or ‘central liquidity swaps’ in Federal Reserve-ese’). Which financial institutions received this money? Bernanke’s answer: I don’t know. …
    love Grayson. and also love half a trillion dollars given away.    


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Posted July 22, 2009 by calenfretts in category "Facebook link