GAO Audit Exposes Fed's Corruption Once Again

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Thu, 07/21/2011 - 12:36 | 1477488 Clueless Economist
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I just got my BS in Economics from ITT Tech.  I am a very attrative female looking get a job at CNBC.  In order to get an on air job, which of the men should I look to sleep with?  Steve Liesman, Joe Kernan, Rick Santelli, Jim Cramer or Larry Kudlow?  Thanks for any help!!

Thu, 07/21/2011 - 12:40 | 1477502 Ahmeexnal
Ahmeexnal's picture

Rupert Marduk.

Thu, 07/21/2011 - 12:40 | 1477504 Bastiat
Bastiat's picture

Why limit it to men?

Thu, 07/21/2011 - 12:41 | 1477508 Frog-And-Toad
Frog-And-Toad's picture

+1 (anchor chair)

Thu, 07/21/2011 - 13:01 | 1477626 illyia
illyia's picture

Maria - she's got the Money, Honey...

Thu, 07/21/2011 - 12:40 | 1477507 centerline
centerline's picture

Post some pics so that we can pass them along.  :-)

Thu, 07/21/2011 - 12:41 | 1477509 Commander Cody
Commander Cody's picture

A gang bang with a happy ending should suffice.

Thu, 07/21/2011 - 12:42 | 1477518 alien-IQ
alien-IQ's picture

Ask Erin Burnett. She'll know.

Thu, 07/21/2011 - 12:51 | 1477563 Cursive
Cursive's picture

@Clueless Economist

Link to pics or GTFO.

Thu, 07/21/2011 - 13:08 | 1477653 hedgeless_horseman
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...which of the men should I look to sleep with? Steve Liesman, Joe Kernan, Rick Santelli, Jim Cramer or Larry Kudlow?

I am not so sure that Steve Liesman is a man in the traditional sense. 

Thu, 07/21/2011 - 13:30 | 1477769 Dr. Richard Head
Dr. Richard Head's picture

A womane banging Liesman - that's a lesbian encounter.  Liesman is the bulldyke of the couple. 

Thu, 07/21/2011 - 13:10 | 1477688 Henry Hub
Henry Hub's picture

Hey Clueless_Economist. I can think of a few positions I would like to try you in!

Thu, 07/21/2011 - 13:16 | 1477723 Libertarian777
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Turbo Timmy, I believe he's tired of paying $170k.

Thu, 07/21/2011 - 18:34 | 1478928 Freewheelin Franklin
Freewheelin Franklin's picture

Becky Quick

Fri, 07/22/2011 - 03:05 | 1479768 BlackholeDivestment
BlackholeDivestment's picture

 Clueless, the bar is pretty high, are you sure you could hold your lunch and not just pass out, or something, from the pure talent that's currently deployed? really can't teach or learn this kind of talent, you are born with it or you're not.


Thu, 07/21/2011 - 12:39 | 1477499 centerline
centerline's picture

The Fed is a private corporation owned by the banks.  Enough said.  Bad idea of the century (unless your a banker).

Thu, 07/21/2011 - 12:41 | 1477511 alien-IQ
alien-IQ's picture

same shit different day.

the song remains the same.

Thu, 07/21/2011 - 13:00 | 1477622 PlausibleDenial
PlausibleDenial's picture

I am more like "Dazed and Confused".  Good show on them on Bio last night.

Thu, 07/21/2011 - 12:42 | 1477512 Cognitive Dissonance
Cognitive Dissonance's picture

"This is a clear case of socialism for the rich and rugged, you're-on-your-own individualism for everyone else." Well, didn't everyone know that by now?

To know something is one thing. I know I will die some day. But to know you will die tomorrow is an entirely different matter.

We may 'know' about these various financial crimes and corruption. But we don't "KNOW" them to such an extent that we are compelled to action.

Thu, 07/21/2011 - 12:49 | 1477546 hedgeless_horseman
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But we don't "KNOW" them to such an extent that we are compelled to action.  -CD

"Sometimes I wish I could boldly go where no man has gone before... but I'll probably stay in Aurora."  -Garth

Thu, 07/21/2011 - 13:07 | 1477667 Cognitive Dissonance
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It is our proximity to danger, and not the danger itself, that creates the urgency to act or not to act.

Thu, 07/21/2011 - 12:48 | 1477548 centerline
centerline's picture

It is still in the abstract.  People don't see the direct connections to thier lives (yet).  If they did, it would be hell to pay.

Thu, 07/21/2011 - 13:02 | 1477642 scatterbrains
scatterbrains's picture

when ever I read stuff like this my thoughts turn to heros like Joe Stack.

Thu, 07/21/2011 - 13:29 | 1477766 Rodent Freikorps
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The whistle blower for Fast and Furious has been fired.

Our govt. has gone over the edge.

Thu, 07/21/2011 - 12:42 | 1477513 YesWeKahn
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"As a prominent example, he pointed out that the chief executive officer of JPMorgan Chase was on the New York Fed's board of directors at the same time the firm was receiving more than $390 billion in Fed assistance. The firm also helped clear loans for the Fed during its emergency lending."



Thu, 07/21/2011 - 22:34 | 1479510 StychoKiller
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Why isn't Mr. Sanders grilling Eric (Place)Holder for his lack of doing (well, pretty much anything!) about these alleged crimes?  The Stupid, it burns!!

Thu, 07/21/2011 - 12:42 | 1477515 entendance
entendance's picture

a senior Eurosystem source told Market News International that the ECB would continue to accept Greek paper in the event of a default, but only if it were covered by guarantees put up by the Eurozone governments.

Thu, 07/21/2011 - 12:43 | 1477522 Hondo
Hondo's picture

Corrupt as usual.....another reason to realize unless you are part of the club (elite) you, and your hard earned savings, are nothing but fish food.

Thu, 07/21/2011 - 12:44 | 1477526 Marley
Marley's picture

Some people are more equal than others.

Thu, 07/21/2011 - 12:45 | 1477529 Raynja
Raynja's picture

Altho the lobotomy will not be transitory, your memory of the procedure will be

Thu, 07/21/2011 - 12:51 | 1477559 jmc8888
jmc8888's picture

It's something we should as a society know by now, that socialism for the rich = fascism, and that's what we have as an extreme form of now.  (as opposed to the lesser but still same form for the past whatever decades)

But hey, when they're not watching Jersey Shore, or some other 'non-reality, reality series', they watch a half hour a week of Not Necessarily The News, parading as News.


Thu, 07/21/2011 - 12:51 | 1477569 hedgeless_horseman
hedgeless_horseman's picture
by hedgeless_horseman
on Thu, 07/21/2011 - 12:34


07-21 10:13: US Senator Sanders says GAO found that NY Fed's Dudley received waiver to let him keep investments in AIG and GE as firms were rescued


"When you see that money is flowing to those who deal, not in goods, but in favors - when you see that men get richer by graft and by pull than by work, and your laws don't protect you against them, but protect them against you - when you see corruption being rewarded and honesty becoming a self-sacrifice - you may know that your society is doomed."


                                                     -Ayn Rand

                                                       Atlas Shrugged

Thu, 07/21/2011 - 12:58 | 1477610 centerline
centerline's picture

I read that somewhere else recently (can't remember where though... those brain cells must have committed suicide).  This particular line just makes me want to cry.  It couldn't any better summarize the world I have personally known for the bulk of my adult life and professional career.  The sad part is that this behavior is not just reserved for the elite.  It has penetrated every level of society.

Thu, 07/21/2011 - 18:09 | 1478874 Random_Robert
Random_Robert's picture

"The sad part is that this behavior is not just reserved for the elite.  It has penetrated every level of society."

Well of course it has. Human endeavor, like electricity or flowing water, seeks the path of least resistance...

People emulate the behaviors of others. So, when they see "successful" people behaving badly, they assume that the behavior is what made them successful...

And thus, another "Snooki" enters the world. Talentless, meaningless, but somehow worthy of emulating....


Thu, 07/21/2011 - 13:01 | 1477633 TruthInSunshine
TruthInSunshine's picture


Does anyone know if Atlas shrugged yet?

I'm thinking he may have, and it was just missed in the fast paced world of information, disinformation, misiniformation and malinformantion that is blasted at us in the New Normal Times.

Thu, 07/21/2011 - 13:02 | 1477641 Cognitive Dissonance
Cognitive Dissonance's picture

Doomed yes.

But there is no time frame here and one man's 'doomed' is another man's successfully kicked can. 'They' will burn Rome until the cockroaches overrun their safe house, the safe house they just abandoned.

Thu, 07/21/2011 - 13:06 | 1477666 packman
packman's picture

hh: infinitely apropos!  The perfect place to break out that quote.  Never was it more applicable.


Thu, 07/21/2011 - 12:53 | 1477582 slewie the pi-rat
slewie the pi-rat's picture

now, now, these guys are masters of our universe, so with a note from home, school isn't that important. or is it? 

somebody ask barney whether this is covered, or not, now, ok?

if it isn't, just put it on his fixit list.  thnx. 

Thu, 07/21/2011 - 13:03 | 1477646 TruthInSunshine
TruthInSunshine's picture

slewie, you know as well as anyone that Obama is just a waterboy for the global banksters.

Not only would he not need to approve any waiver, they'd tell him to STFU if he dared to offer his opinion on the matter.

Thu, 07/21/2011 - 13:02 | 1477635 White.Star.Line
White.Star.Line's picture

If the FED truly faced an audit, they would provide an abacus, a case of rum, and a team of 3 year toddlers to assist with the task.

Thu, 07/21/2011 - 13:03 | 1477645 illyia
illyia's picture

TD - I am lifting this post in entirety and putting it over on the Kossacks - as they are entirely clueless. Chipping away at ignorance, daily.


Thu, 07/21/2011 - 13:06 | 1477664 TruthInSunshine
TruthInSunshine's picture

You're doing good work.

Only III % of sheeple can be awakened.

But that III % ultimately becomes a critical subset of the population in the battle between good and evil.

Try to get to them before they're tagged and bagged, full on style, by the establishment (hopefully sooner than 18 or so):

Thu, 07/21/2011 - 13:42 | 1477815 illyia
illyia's picture

In semi-entirety. Boy are they touchy over there... the copyright thing. What are ZH policies on lifting whole docs?

Anyway: 5 paragraphs per source only, and properly attributed.


Thu, 07/21/2011 - 13:10 | 1477690 packman
packman's picture

Just imagine what would come out if we had gotten the full and deep audit that Ron Paul wanted, rather than the watered-down Sanders audit that we got.


Thu, 07/21/2011 - 13:12 | 1477703 Rodent Freikorps
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Seems to have all the pedigrees:

Among other public service activities, Friedman is the Chairman Emeritus of the Board of Columbia University, Chairman Emeritus of the Executive Committee of the Brookings Institution, and a member of the Council on Foreign Relations. He is also a benefactor of his alma mater Cornell University, particularly its wrestling program as the college's wrestling building is known as the Friedman Center.

Thu, 07/21/2011 - 13:27 | 1477762 Bansters-in-my-...
Bansters-in-my- feces's picture

chief executive officer of JPMorgan Chase was on the New York Fed's board of directors at the same time the firm was receiving more than $390 billion in Fed assistance. The firm also helped clear loans for the Fed during its emergency lending.

Did that say...$390...BILLION......

Pretty soon your talking popcorn money.

Fucking Rothschilds whores....

Thu, 07/21/2011 - 13:31 | 1477777 onlooker
onlooker's picture

One of the problems of ongoing crime and corruption is the adjustment to it as some sort of "normality'. When the overseers are the contributors to the corruption, it is worse. Then if the media is the puppet of the corrupt, it is a tidy wrap up of rich bitchez win, win, win.


It is not a question of too big to fail, but a question of too big to take down.  

Thu, 07/21/2011 - 14:05 | 1477885 hedgeless_horseman
hedgeless_horseman's picture

...too big to take down.

That is what King George III thought.

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