First Federal Reserve Audit in Central Bank's 100-year history

ChesusRice

Well-Known Member
I think a common misconception that has been passed around is that we want congress to control the federal funds rate and bailouts and expansionary monetary. This is certainly not true, we don't want anyone to control this because it should not be legal to manipulate the markets and currency. We want this corporate welfare to stop.
NO a common misconception is that the Federal reserve does not get audited

This is put forward by a guy who wants to go to the gold standard and who has the support of paultards and white and black supremacists who think a secret cabal of JEWS is running the world behind the scenes
 

lifegoesonbrah

Well-Known Member
NO a common misconception is that the Federal reserve does not get audited

This is put forward by a guy who wants to go to the gold standard and who has the support of paultards and white and black supremacists who think a secret cabal of JEWS is running the world behind the scenes

Oh noes parallel currencies, are you frightened enough to vote for Obama now?
 

Dr Kynes

Well-Known Member
NO a common misconception is that the Federal reserve does not get audited

This is put forward by a guy who wants to go to the gold standard and who has the support of paultards and white and black supremacists who think a secret cabal of JEWS is running the world behind the scenes
so ron paul attractsd people who are sometimes white racists and black racists both, ZOMG! he must be worse than hitler and therefore everything he says is the vile filth spawned from the rectum of satan himself!

nice straw man. poorly constructed, but covered with enough sequins and shiny pebbles to distract morons effectively. sadly im not distracted by that shameful display of rehtorical cowardice. the federal reserve system has NEVER faced an audit, NEVER been compelled to open their books to investigation and has NEVER seen the american taxpayer as anything but an ATM machine.

your deplorable lie of the federal reserve putting it's interest payments into the US treasury is bald faced, ridiculous and asinine. the federal reserve is a private banking cartel designed and operated for the profit of it's constituent banks and the bankers who run them, who,, you may be shocked to learn, are NOT all Jews!

of the 4 groups present on jekyll island in 1911, JP Morgan and his flunkies, the Warburgs of Germany, the Rockerfellers and their cronies, and the Rothschilds of France and Switzerland, only the Rothschilds were jews.

the Jerwish Conspiracy and the Protocols of the Elders of Zion bear the hallmarks of marxists, who create the myths, and deplore them simultaneously.

by creating the protocols of the elders of zion, various jewsih conspiracies, blood libel and other antisemitism, the marxists enrage the lumpen proletariat, distracting their hate against the jews (who were the very picture of the bourgeois for the lumpen proletarians) while pointing out the small mindedness of the lumpens for the delight of the intellectual elite who they wished to sway with their fake progressive agenda. after all when the lumpens are frothing and murdering jews in the streets, the intellectuals need some one to protect them, and who better than the marxist red army and their iron fist?

if you want to be stalin's replacement youre off to a good start, but you will need a bigger beard, and a psuedo-military uniform.
 

Mindmelted

Well-Known Member
the federal reserve is politely asked to share a little info in the broad strokes of how they did last year, but this is not an audit.

an actual audit requires examination of all financial documents, decision documents that affected the financial decisions of the organization, detailed records of the financial transactions, and a careful accounting of all assets and liabilities. this has NEVER BEEN DONE.

GM and Chrysler got audited, and we got to see all the bonuses, all the sweetheart deals and all the golden parachutes they were expecting the taxpayer to shell out for, even AIG got audited when they stuck their hand out for a wad of sweaty money from we the people. the federal reserve system has simply stuck a long straw in our pockets and is sucking out as much as they feel they can take without causing outrage, but they have sucked too hard for some of us, and its time for them to open their books, ciommpletely, not in an annual financial report for the GAO's rubber stamp, but an audit of the type taxpayers have to submit to when the government thinks we might have been up to shenanigans.

repeatedly declaring that the GAO's annual report in brief on the federal reserves' publicly observable actions last year is an audit is disingenuous and deceptive. i begin to suspect that either you dont know what an audit looks like, or you are being deliberately obtuse.



He's the Duke of Puke......
 

ChesusRice

Well-Known Member
your deplorable lie of the federal reserve putting it's interest payments into the US treasury is bald faced, ridiculous and asinine..
Fed Turns Over $77 Billion in Profits to the Treasury

By BINYAMIN APPELBAUM

Published: January 10, 2012



WASHINGTON — The Federal Reserve said on Tuesday that it contributed $76.9 billion in profits to the Treasury Department last year, slightly less than its record 2010 transfer but much more than in any other previous year.
The Fed is required by law to turn over its profits to the Treasury each year, a highly lucrative byproduct of the central bank’s continuing campaign to stimulate economic growth
 

Harrekin

Well-Known Member
Fed Turns Over $77 Billion in Profits to the Treasury

By BINYAMIN APPELBAUM

Published: January 10, 2012



WASHINGTON — The Federal Reserve said on Tuesday that it contributed $76.9 billion in profits to the Treasury Department last year, slightly less than its record 2010 transfer but much more than in any other previous year.
The Fed is required by law to turn over its profits to the Treasury each year, a highly lucrative byproduct of the central bank’s continuing campaign to stimulate economic growth
You mean they returned the interest generated from the Treasury to the Treasury? Their generosity is MONUMENTAL, especially considering its the US Govt that allows them to exist ;)
 
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