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  1. #1
    Senior Member millere's Avatar
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    Which Foreigners Got the Fed's $500,000,000,000?

    http://www.youtube.com/watch?v=n0NYBTkE1yQ

    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."

    As the Fed was lending this money, the dollar increased by 30% in value. Grayson asks, was this a coincidence? Bernanke's answer: yes.

  2. #2
    Senior Member stevetheroofer's Avatar
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    It sure would be nice if the bank would loan me lots of money and not bother to ask my name. Boys and Girls we're in the wrong damn business!
    Support our FIGHT AGAINST illegal immigration & Amnesty by joining our E-mail Alerts at http://eepurl.com/cktGTn

  3. #3
    Senior Member millere's Avatar
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    Quote Originally Posted by stevetheroofer
    It sure would be nice if the bank would loan me lots of money and not bother to ask my name. Boys and Girls we're in the wrong damn business!

    http://www.youtube.com/watch?v=rCWXrMCG ... re=related

    SEN. SANDERS GOES OFF ON BERNANKE_ 03/03/09

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