An Example of the FED’s Secrecy and Untouchability
Posted by slowsmile on 8th June 2009
The video below is sure to astonish and amuse. In this recent video, the Inspector General of the FED — Elizabeth Coleman — is grilled by a Congressional Committee, questioned so patiently by Congressman Alan Grayson. The answers are few — only excuses, if anything at all, are subtended by the Inspector General. Coleman avoids giving even one complete answer to any of Grayson’s questions. Most who have seen this video are saying that the Inspector General is an idiot who knows nothing of FED activities. But I think we knows better. With a security rating that is higher than the CIA, the FED’s Inspector General knows exactly what she is doing (Watch for the woman behind Ms Coleman who so studiously and confidently advises her — obviously a FED lawyer). The Inspector General is fully aware that she doesn’t have to tell any US government committee anything because the FED is protected — by US Law — against any openness, accountability or transparency. There is no better illustrative evidence concerning the power of the FED — where any checks, balances and oversight on their activities are not allowed. They can do what they like by telling any questioning Congressional or Senate Committee to go jump — with complete immunity and impunity.
Posted in Economics, US Politics, World Politics | 3 Comments »



