Posted on 04/02/2011 5:27:34 PM PDT by rabscuttle385
WASHINGTON (Reuters) - Persistent Federal Reserve critic Representative Ron Paul plans to hold a hearing on the U.S. central bank's emergency loans to the branches of non-U.S. banks, his spokeswoman said on Saturday.
"I was surprised and deeply disturbed ... to learn the staggering amount of money that went to foreign banks," Paul said in a statement.
"These lending activities provided no benefit to American taxpayers, the American economy, or even directly to American banks," he said.
(Excerpt) Read more at reuters.com ...
Sorry, I forgot to include the sarcasm tag. lol
boy, Toady, can’t thing of anything NEW can you?
What the matter? Your boss has an empty head?
No original thoughts of your own?
You are sooooo boring Toady.
Libyan Owned bank borrowed 73 times from the FED:
http://www.freerepublic.com/focus/f-news/2698129/posts
Read the above link. This is what we and our children will be paying taxes forEVER. It can NEVER be paid back.
Welcome to debt slavery of the central banks.
The idea that the FED was planned for and wanted by the ruling Fascist Socialists of this country is scary.
The Dems wanted this and voted for it, not too much unlike the DeathCare the Dems hold onto now.
The Fascist Socialist Communist Pigs of the Demonrat Party are STILL laying the ground work to FORCE America into Communism.
Fed defenders ARE the COMMUNISTS in my book.
Ummmm......the Fed created money out of thin air, lent it to banks overnight and it was repaid. They even paid interest on the loans. Which ends up being given to the Treasury. There is no money involved that our children will be repaying forever. In fact this reduces the amount our children will be paying (ever so slightly).
It can NEVER be paid back.
These loans were already paid back.
Welcome to debt slavery of the central banks.
Welcome to TruthConfusions fantasy world.
Toady is one of the FED defenders who think that they can and have done NO wrong.
He claims he is not a shill. I don’t believe him.
A paid shill wouldn’t admit to it anyway.
And that book is a good read, a real eye opener.
No, Toady, welcome to the web of lies that to keep people enslaved into an unpayable debt, an unsustainable debt, for them and their children.
Pukeface Toady.
It is becoming crystal clear that in order to regain control of our country we need to ban all Ivy League graduates from government and financial positions. And we used to think the inner city was the breeding ground for criminals! Rank amateurs compared to these arrogant b@stards.
Hearings are for obtaining votes.
Do something Paul.
What has he done to stop the fed?
Which law can he point to on the books that helps us get rid of the fed?
Just Do it!
The Origins of the Federal Reserve
And some additional reading....
The Creature from Jekyll Island: A Second Look at the Federal Reserve , by G. Edward Griffin
Sunlight is the best disinfectant :)
Thanks, Ed is funny.
Sunlight is the best disinfectant :)
Laughter is the best medicine.
From the Iranian gov't press....
The Fed is something like FRE and FNM - corporate/government hybrids where decisions are made outside the purview of the electorate that result in privatized gains for a few and socialized losses for all taxpayers. The Fed is far worse as their actions destroy the dollar and it is all kept secret (except for insiders). You think the decisions they make aren't discussed and cleared beforehand through the for profit banks like Goldman? The entire system is corrupt and we're the saps.
There is commonality in the demographics of these thieves and decision makers and very few haven’t been indoctrinated by the California or NYC NE Ivy League culture. They do not represent the culture and general demographics of the USA, especially rural and the mid west.
Of course the FED is fascist. It was the fascist Dems who passed it into being in 1913. Fascism was cool, then.
Not unlike the fascist Dems passing DeathCare.
That is fascist too. Deciding who lives and dies.
The FED defenders, in my book, are defending fascism.
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