The Big Take Over...

Factory134
Edited Date/Time 1/25/2012 5:38pm
Sorry if this is a repost however I believe it is that important of an article. The author was interviewed on Joe in the Morning on MSNBC...he researched his topic very well and does a great job of explaining things plainly along with the prerequisite F and S bombs. The article is too long to put within this post however I have included the link and I suggest printing and reading at your leisure. This is a must read and then you will really be ready to get out your grinder, sharpen your pitch fork and taken on Wall Street and all those truly connected to it.

http://www.rollingstone.com/politics/story/26793903/the_big_takeover

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eddie
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eddie 3/23/2009 12:43am
3/23/2009 12:43am
"None other than disgraced senator Ted Stevens was the poor sap who made the unpleasant discovery that if Congress didn't like the Fed handing trillions of dollars to banks without any oversight, Congress could apparently go fuck itself — or so said the law. When Stevens asked the GAO about what authority Congress has to monitor the Fed, he got back a letter citing an obscure statute that nobody had ever heard of before: the Accounting and Auditing Act of 1950. The relevant section, 31 USC 714(b), dictated that congressional audits of the Federal Reserve may not include "deliberations, decisions and actions on monetary policy matters." The exemption, as Foss notes, "basically includes everything." According to the law, in other words, the Fed simply cannot be audited by Congress. Or by anyone else, for that matter."


great read .


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