Unbelieveable!!! Watching video "There Are No Words To Describe The Following Part II -

Representative Alan Grayson questions Federal Reserve Inspector General, Elizabeth Coleman

Congressman Alan Mark Grayson: “U bent toezichthouder van de Centrale Bank.  De balans van de FED is met vele miljarden toegenomen. Kunt u mij vertellen waar de FED dit geld aan uitgeeft?”Inspector General Elizabeth Coleman: “Eh…ik kan u niet vertellen waar dit geld naar toe is gegaan, eigenlijk houden we deze uitgaven helemaal niet in [...]

This is a high quality version of the Financial Services Subcommittee on Oversight and Investigations hearing of May 5, 2009.

Rep. Alan Grayson asks the Federal Reserve Inspector General about the trillions of dollars lent or spent by the Federal Reserve and where it went, and the trillions of off balance sheet obligations. Inspector General Elizabeth Coleman responds that the IG does not know and is not tracking where this money is.http://www.bloomberg.com/apps/news?pi...

Federal Reserve Office of the Inspector General: http://www.federalreserve.gov/oig/