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The chairman of the House subcommittee that oversees the Federal Reserve demanded Tuesday that the Fed fully disclose details of billions -- perhaps trillions -- in secret emergency loans it made to almost every major bank in the U.S. and overseas during the financial crisis or face a congressional subpoena for the information.
he wants to know “how much, when, where and why” from Fed officials when they testify about the loans at a subcommittee hearing Wednesday.
The Fed's nearly 100-year
Originally posted by redrose123
I believe we should give him all the support we can. Its time to rally together or we will never accomplish anything.
Originally posted by QuietSpeech
reply to post by filosophia
Maybe Ron P just has nothing to lose and is tired of everything that has been going on. It would be interesting to see what would happen should he take the reins, however would we see an improvement or even further chaos?
Originally posted by psychoacoustic1
Remember, Ron Paul has been working toward this move for some time now. If his demands have congressional support, then the Feds are working overtime to cook the books in a way to facilitate a TPTB agenda. A subpoena should show the Fed that it's very relevance is at stake. The value of the dollar is already at stake here.
What if we find out that some of the biggest winners/double-dippers of the financial crisis are actually the IMF and the World Bank? That would surely raise some eyebrows and piss everybody off!
Originally posted by gorgi
His grasp of economics is the equivalent of a kid.
Originally posted by gorgi
Why does he threaten them ?
He really doesnt understand the "bailing out foreign banks" thing either.