Federal Reserve Ignores Congressional Deadline
Apr 23, 2015 10:45:45 GMT -6
Glencairn, emotionallyincorrect, and 1 more like this
Post by Deleted on Apr 23, 2015 10:45:45 GMT -6
SOURCE:
Basically what has happened is the FOMC (Federal Open Market Committee) the division of the Federal Reserve that decides the monetary policy of the United States has leaked confidential market information to a market analyst newsletter. Which would be considered insider information or insider trading a total violation of the SEC. (Securities Exchange Commision). In other words you can't give your buddies in favor a heads up on the way the market is going to move before anyone else knows.
So we actually have a couple of Senators on the side of the people writing legislation to essentially say hey it's time to open the Federal Reserve's books to show the people where the money goes.
So here we have it, the president is expected to veto the bill, the intelligent young man atf1886, was under the premise of not killing the actor but the financiers of the actor. It has always been my contention they are in collusion where the Federal Reserve, once uncontrolled by government, is now just another entity although private and not subject to FOIA request operates at the behest of government and the military industrial complex. Everyone needs their banker to launder money, and handle transactions worldwide.
Again as i have said before if the NSA knows everything you say and write, they also know everything the banks say, write, deposit, spend, and transact. Every house payment, drug deposit, of stock profit to name a few. There is no drug war, there is only an information war and we lost along time ago. If you buy lunch in Paris with your mastercard the government knows the second it happens over the swift financial global clearing system. What chances do any government, business, druglord, or john Q. citizen have of any financial transaction in the world being private?
As I can tell you from personal experience you can't take cash of any size on an airplane to another state without them knowing let alone another country. How else does the government know about tax evaders depositing money in foreign countries, the amount corporations are depositing off shore, or knows what country bought what military hardware.
They will never let the books open for accounting on the Federal Reserve, HUD, or three letter agencies and their black projects. If they did the first thing they might find id the two trillion dollars Donald Rumsfeld said they can't find in the pentagon. NYC Fed handles all government transactions, that would mean they have the records for the two trillion that are lost and they don't want that. It was too convenient to lose the accounting department at the pentagon during 911 attack.
"In a stunning shun to Congressional lawmakers, WSJ reports that The Fed has failed to comply with a request that the bank-owned entity identify the individuals who leaked The FOMC Minutes to Medley Global Advisors a day before the official release in October 2012. Rep. Jeb Hensarling sent a letter to Fed Chairwoman Janet Yellen on April 15 asking the Fed to name them by 5 p.m. EDT April 22. The deadline passed without any response by the Fed..."
Basically what has happened is the FOMC (Federal Open Market Committee) the division of the Federal Reserve that decides the monetary policy of the United States has leaked confidential market information to a market analyst newsletter. Which would be considered insider information or insider trading a total violation of the SEC. (Securities Exchange Commision). In other words you can't give your buddies in favor a heads up on the way the market is going to move before anyone else knows.
"If Janet Yellen didn’t resemble a bookwormish teetotaler, perhaps she’d join her colleagues in a toast to suppressing democratic accountability. For now, she’ll order a club soda while working vigorously to keep Congress, and thus the people, out of her business of running the country’s central bank.
Yellen has only been Chair of the Federal Reserve for one year, but she’s already facing pressure to open the books from the new Congress. Leading the charge are two statesmen from Kentucky: Representative Thomas Massie and Senator Rand Paul. Both have introduced audit the Fed legislation in their respective chambers.
"
Yellen has only been Chair of the Federal Reserve for one year, but she’s already facing pressure to open the books from the new Congress. Leading the charge are two statesmen from Kentucky: Representative Thomas Massie and Senator Rand Paul. Both have introduced audit the Fed legislation in their respective chambers.
"
So we actually have a couple of Senators on the side of the people writing legislation to essentially say hey it's time to open the Federal Reserve's books to show the people where the money goes.
"Wall Street’s cadre of financial oligarchs are predictably up in arms over an audit of their free money machine. Think tankers are antagonizing the campaign, with Jim Pethokoukis of the American Enterprise Institute asserting that Sen. Paul has “a poor understanding of what’s actually on the Fed balance sheet and how the bank operates.” It’s expected President Obama would veto an audit the Fed bill. Even local bankers are scaremongering over the prospect of the Fed losing autonomy.
Yellen, for her part, isn’t about to let the nosy wolves in her henhouse. In a recent interview, she said she would stand “forcefully” against any audit measures. She justified her intransigence by citing the importance of “central bank independence” and being able to act without interference."
Yellen, for her part, isn’t about to let the nosy wolves in her henhouse. In a recent interview, she said she would stand “forcefully” against any audit measures. She justified her intransigence by citing the importance of “central bank independence” and being able to act without interference."
So here we have it, the president is expected to veto the bill, the intelligent young man atf1886, was under the premise of not killing the actor but the financiers of the actor. It has always been my contention they are in collusion where the Federal Reserve, once uncontrolled by government, is now just another entity although private and not subject to FOIA request operates at the behest of government and the military industrial complex. Everyone needs their banker to launder money, and handle transactions worldwide.
Again as i have said before if the NSA knows everything you say and write, they also know everything the banks say, write, deposit, spend, and transact. Every house payment, drug deposit, of stock profit to name a few. There is no drug war, there is only an information war and we lost along time ago. If you buy lunch in Paris with your mastercard the government knows the second it happens over the swift financial global clearing system. What chances do any government, business, druglord, or john Q. citizen have of any financial transaction in the world being private?
As I can tell you from personal experience you can't take cash of any size on an airplane to another state without them knowing let alone another country. How else does the government know about tax evaders depositing money in foreign countries, the amount corporations are depositing off shore, or knows what country bought what military hardware.
They will never let the books open for accounting on the Federal Reserve, HUD, or three letter agencies and their black projects. If they did the first thing they might find id the two trillion dollars Donald Rumsfeld said they can't find in the pentagon. NYC Fed handles all government transactions, that would mean they have the records for the two trillion that are lost and they don't want that. It was too convenient to lose the accounting department at the pentagon during 911 attack.
