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Presenting The Complete Fed Discount Window Data Dump

Tyler Durden's picture




 

Update: the link should be working fine now.

While Zero Hedge ploughs through 25,000 or so pages of just declassified information focusing on the Discount Window, but containing previously undisclosed information on the entire alphabet soup of systemic rescue facilities, and prepare to present our findings shortly, we would like to facilitate the crowdsourcing effort in perusing the data which the Fed has made prohibitively difficult to access (only distributed on physical CD), by uploading the entire data dump at the following link.

Our very preliminary question is whether the Fed really expects the US public to believe it does not keep track of the collateral it lends Discount Window money against, and if that rhetoric question is false, then why is collateral data not disclosed?

 

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Thu, 03/31/2011 - 14:17 | 1122256 MightyZum
MightyZum's picture

Link not working?

Thu, 03/31/2011 - 14:19 | 1122265 Dr. Richard Head
Dr. Richard Head's picture

Not on my end.  Either bandwidth consumed by too many people at once or...(place tin foil atop the head)

Thu, 03/31/2011 - 14:24 | 1122294 Cdad
Cdad's picture

Dr.

You mean you take you tin foil hat off during the day?  Are you nuts?

Thu, 03/31/2011 - 14:28 | 1122306 malikai
malikai's picture

It's downloading for me. Perhaps its because I switched to a silver-foil hat.

Also, good job FED. Love the PDF format and craptic naming scheme.

Thu, 03/31/2011 - 14:31 | 1122318 asdasmos
asdasmos's picture

Marc Faber Bloomberg Interview - March 30 2011

http://www.bloomberg.com/video/68175846/

 

Thu, 03/31/2011 - 14:40 | 1122352 the mad hatter
the mad hatter's picture

somebody throw the dump on BitTorrent.

Thu, 03/31/2011 - 17:28 | 1123007 SteveOoooo
SteveOoooo's picture

Internet p0rn is so 1990's...  I thought that fad would fade by now. 

Thu, 03/31/2011 - 21:32 | 1123709 rocker
rocker's picture

Speaking of Porn,  who's the "Jack off"  in the advertising block that keeps showing up.

What a puke, whoops, that's what his wife must do when she thinks of sucking on it.

 

Thu, 03/31/2011 - 21:35 | 1123717 rocker
rocker's picture

Oh, yeah. Thanks for the download Tyler.  Will be reading for the next year. 5 minute download on highspeed. Whooo.

Thu, 03/31/2011 - 14:39 | 1122355 Cdad
Cdad's picture

Malikai,

Just regular tin foil hats here, and the download worked.  However, I'm too afraid to open them for fear that some criminal syndicate Wall Street banker will receive a signal that I have opened a file.

I cannot have anything happen to the breeding pair of unicorns I picked up at the ranch yesterday.  They are looking in the window at me and smiling even now  --:)

 

Thu, 03/31/2011 - 15:01 | 1122415 macholatte
macholatte's picture

Charlie The Unicorn

http://www.youtube.com/watch?v=Q5im0Ssyyus

 

 

Thu, 03/31/2011 - 16:58 | 1122896 Thomas
Thomas's picture

Shit. I've been using Saran Wrap.

Thu, 03/31/2011 - 15:33 | 1122547 redpill
redpill's picture

They seriously only provided it in PDF?  Assholes.

 

Thu, 03/31/2011 - 14:44 | 1122364 Dr. Richard Head
Dr. Richard Head's picture

Wait, I though tin foil hats as an indication of nuts, but then again...

My brother is a paramedic and he showed me the roll of tin foil that is kept on the ambulance.  It is indeed used to calm down patients who are nuts by making hats for all in the squad to wear.

Thu, 03/31/2011 - 14:48 | 1122378 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

If Bernanke began to parade around wearing a tin foil hat, I may begin to feel better about the whole economic situation.

Thu, 03/31/2011 - 14:56 | 1122401 savagegoose
savagegoose's picture

I'd feel happier if he wore a plutonium hat!

Thu, 03/31/2011 - 15:02 | 1122429 willien1derland
willien1derland's picture

Well said SG - and we just happen to know of a place where such a hat can be procured....even comes with FREE ONE WAY AIRLINE TICKETS to FUKUSHIMA, accommodations at the Daichi facility, & what the hell throw in a year supply of Rice-a-Roni...besides Ben can assist in TD's newest series - Yentervention (for Central Bankers)

Thu, 03/31/2011 - 15:14 | 1122481 ageofreason
ageofreason's picture

It would go hand in hand with the fission process between his ears....

Thu, 03/31/2011 - 14:56 | 1122403 Dr. Richard Head
Dr. Richard Head's picture

True.  At least then he would have an excuse as being a FUCKTARD.  That arrogant prick ass motherfucker has been facilitating worldwide hunger, wars of aggression, lowered standards of living for 99.99% of the population while enriching the .01%.  When will the Muslims finally call for a Jihad against this financial terrorist?  I mean, Benny’s style is in full conflict with Sharia law.  Benny is THE infidel.  

Thu, 03/31/2011 - 14:19 | 1122272 Dr. Richard Head
Dr. Richard Head's picture

For FED's eyes only.

Thu, 03/31/2011 - 14:31 | 1122321 HelluvaEngineer
HelluvaEngineer's picture

Someone needs to throw this in a torrent, and get it up on PirateBay and the like.  I'll do it this weekend if no one beats me to it.

Thu, 03/31/2011 - 18:18 | 1123128 crazyjsmith
crazyjsmith's picture

Corporate/Bankers version of the Dollar menu at Jack in the Box.

"Yes, I'll take 42 billion tacos, and 21 billion Jumbo Jacks - Extra Sauce....You're total will be 2 dollars and 16 cents at the second window....can I just pay you Tuesday, for my hamburgers today?  Sure, no problem......one more thing, please don't tell anyone I am shopping off the dollar menu, I need to keep up my image, you know?"    

Thu, 03/31/2011 - 19:05 | 1123239 andybev01
andybev01's picture

120mb file on a fiber-optic network and it's still downloading 4 minutes later.

Things that make you go hmmm...

Thu, 03/31/2011 - 14:17 | 1122257 aVian
aVian's picture

obama is busted...SS number from CT...denninger

Thu, 03/31/2011 - 14:24 | 1122291 EscapeKey
EscapeKey's picture

As soon as I saw the name "Orly Taitz" I stopped reading.

Seriously, how many fakes has she claimed is the real certificate!!!eleventyone11 by now?

Thu, 03/31/2011 - 14:31 | 1122330 aVian
aVian's picture

this guy got the SS number

Retired Air Force Col. Gregory Hollister impersonated Obama with the Selective Service and managed to get a card with President Obama’s Selective Service information on it, a blogger posted on gratewire.com last week.

Thu, 03/31/2011 - 14:46 | 1122367 cosmictrainwreck
cosmictrainwreck's picture

Well, let's hope they draft his ass; damn, I forgot we don't have a draft. Barry will probably skate before they ram it through. Try another angle 

Thu, 03/31/2011 - 15:17 | 1122488 macholatte
macholatte's picture

no matter what, Orly Taitz or not, Obama is hiding something and getting a lot of help doing it which is a felony. So the only questions are these:

1 - will the truth ever be known?

2 - will the gaggle of criminals ever see a minute of jail time?

 

my guess, NO on both counts.

 

Anyone who doesn't take truth seriously in small matters cannot be trusted in large ones either.
Albert Einstein

Thu, 03/31/2011 - 14:18 | 1122259 Aknownymouse
Aknownymouse's picture

Unable to scan file for viruses

Thu, 03/31/2011 - 14:19 | 1122264 MightyZum
MightyZum's picture

Boy, Bernanke is good . . .

Thu, 03/31/2011 - 14:17 | 1122260 tmosley
tmosley's picture

I can't get it to download.  It says it is unable to scan for viruses due to technical difficulties.  When I click "download anyway", it spins its wheels for a fraction of a second, and then the progress bar disappears, but there is no download.

Thu, 03/31/2011 - 15:20 | 1122496 macholatte
macholatte's picture

it spins its wheels for a fraction of a second, and then the progress bar disappears

 

I saw Geitner do that.

Thu, 03/31/2011 - 17:24 | 1122993 SteveOoooo
SteveOoooo's picture

Do you have several hundred megabytes of free space on your disk drive?

Thu, 03/31/2011 - 14:19 | 1122262 Dagny Taggart
Dagny Taggart's picture

Can somebody run this puppy through a word cloud generator?

Thu, 03/31/2011 - 14:30 | 1122325 wandstrasse
wandstrasse's picture

done, here is the cloud: WEALTH - SUSTAINABLE - PROVEN - GREAT - HEALTHY - SOUND - FANTASTIC - PATRIOTIC - SOLUTION - ACTION - UNBREAKABLE - SMART...

Thu, 03/31/2011 - 14:52 | 1122389 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

BUY!  BUY!  BUY!  BUY!

Thu, 03/31/2011 - 19:06 | 1123246 andybev01
andybev01's picture

Bye bye...

Thu, 03/31/2011 - 14:20 | 1122269 chairsatan
chairsatan's picture

Google censoring it... prolly need to put it on wikileaks.

Thu, 03/31/2011 - 14:30 | 1122327 HelluvaEngineer
HelluvaEngineer's picture

Nope Bittorrent.  Seriously.

Thu, 03/31/2011 - 14:22 | 1122277 bmwm395
bmwm395's picture

Google wont let my computer scan this for a viruses. seems a bit strange to me. Anyone one else having this problem?

Thu, 03/31/2011 - 14:23 | 1122282 slaughterer
slaughterer's picture

This file is like Krypton... 

Thu, 03/31/2011 - 14:20 | 1122278 Jason T
Jason T's picture

The arrogence.  

Thu, 03/31/2011 - 15:15 | 1122475 Boilermaker
Boilermaker's picture

Shut the fuck up, you insolent little bitch.  I'll wager that you're not even a billionaire.

Thu, 03/31/2011 - 14:21 | 1122279 SilverFiend
SilverFiend's picture

F**K GOOGLE!

Thu, 03/31/2011 - 14:22 | 1122280 paxxi
paxxi's picture

same here - let's give google a minute to digest that file

Thu, 03/31/2011 - 14:21 | 1122281 Filthy Rotter
Filthy Rotter's picture

Good old Cananada will host it!

Thu, 03/31/2011 - 14:27 | 1122284 Filthy Rotter
Filthy Rotter's picture

Still slow as shite, but I've almost got the whole thing now.

 

Got it.  895 Files, 32 Folders!

Thu, 03/31/2011 - 14:22 | 1122286 paxxi
paxxi's picture

dl working now

Thu, 03/31/2011 - 14:24 | 1122287 The Axe
The Axe's picture

I was GOOGLED,,,!!!!   everyone must be locked up....LOWEST volume day of the year on its WAY TODAY!!!!!  

Thu, 03/31/2011 - 14:25 | 1122289 The Axe
The Axe's picture

Its the Chinese!!!!  Bastards 

Thu, 03/31/2011 - 14:24 | 1122292 godzila
godzila's picture

Muss say that the delivery method is a very childish last ditch middle finger by the FED. But what else should we have expected ?

Thu, 03/31/2011 - 14:27 | 1122304 Pepe
Pepe's picture

your government hacks on your behalf

Thu, 03/31/2011 - 14:30 | 1122314 slaughterer
slaughterer's picture

Holy f*ck!  Every bank in the world was borrowing from Fed discount window in 2009!

Thu, 03/31/2011 - 14:33 | 1122338 Miss Expectations
Miss Expectations's picture

That is a great headline.

Thu, 03/31/2011 - 14:29 | 1122320 umop episdn
umop episdn's picture

ZH: Financial journalism done right.

Thu, 03/31/2011 - 14:31 | 1122322 Pepe
Pepe's picture

Absolute transparency, as promised

Thu, 03/31/2011 - 14:59 | 1122410 augie
augie's picture

IDK if this is what you are referring to sarcarstically or not, but I didn't

beleive this untill i saw it with my own eyes. They gave the guy Another Fucking Medal.

 

http://www.politico.com/politico44/perm/0311/not_a_secret_anymore_a00ccd...

 

Thu, 03/31/2011 - 19:08 | 1123256 andybev01
andybev01's picture

I'm laughing through my tears.

Fri, 04/01/2011 - 06:11 | 1124356 augie
augie's picture

That really is all one can do at this point.

Thu, 03/31/2011 - 14:30 | 1122323 The Axe
The Axe's picture

Oh, what shitheads !!!  No index,  no way to search,,,,900 pdf files.....Fuck them..Suck my dick you little Princeton shithead.....

Thu, 03/31/2011 - 14:42 | 1122360 malikai
malikai's picture

I'm working on that right now. I'm thinking I'll extract them all to xml and take it from there. If people want it, I'll put it up on a torrent or mail it to Tyler for distribution.

Thu, 03/31/2011 - 15:10 | 1122456 Howard_Beale
Howard_Beale's picture

Please parse it and put it up on a torrent.

Thu, 03/31/2011 - 14:44 | 1122366 css1971
css1971's picture

Copy it onto yout PC and tell windows to index it.

http://www.techrepublic.com/article/solutionbase-configuring-windows-xps...

Or install Google Desktop:

http://desktop.google.com/

Thu, 03/31/2011 - 14:32 | 1122335 truont
truont's picture

Here is just one of the many, many uses of the FED's discount window:

Dist: 02

JPMORGAN CHASE BK NA LMCB 5/1/2008 $11,100,000,000

Must be nice to be TBTF

Thu, 03/31/2011 - 15:01 | 1122428 malikai
malikai's picture

Here, have some more. I know you like it.

Dist: 02
JPMORGAN CHASE BK NA LMCB 6/5/2008 $6,400,000,000

Thu, 03/31/2011 - 14:33 | 1122337 Pepe
Pepe's picture

Spain, Greece, Portugal...don't worry. We have money for you...

Not a member of the EU? No problem..a little loan will solve that for you.

Foreign policy: don't bite the hand that feeds you ( Meternicht?)

Thu, 03/31/2011 - 14:41 | 1122354 bob_dabolina
bob_dabolina's picture

BENJAMIN FRANKLIN BK THIN 5/9/2008 $1,000

That must have been a systemic risk huh

Thu, 03/31/2011 - 14:49 | 1122384 Dr. Richard Head
Dr. Richard Head's picture

It was for a hooker.  Sorry, but someone's gotta pay for me trannies.

Thu, 03/31/2011 - 14:58 | 1122388 bob_dabolina
bob_dabolina's picture

If the bank ever even existed in the first place

http://www.benfranklinbank.com/ (click on the link and see what you get)

...got to the link by googling the name of the bank. Can't seem to find that bank online, was it a failed institution?

Was liquidity soooooooo tight that a bank had to scramble to the discount window for $1,000?

Thu, 03/31/2011 - 14:42 | 1122359 RobotTrader
RobotTrader's picture

Bears better turn MS and GS red by the close, otherwise, they are going to be out of time to stop this bull run off the recent lows.

If this disasterous PIIGS bank news can't stop this run, I don't know what can.

BBVA and STD are already down 4 days in a row, bears need to flush those stocks now.

Thu, 03/31/2011 - 15:01 | 1122417 The Axe
The Axe's picture

Bull Run....you make me fucking laugh.....A bull is a beast that will run over you then gore you for fun...watching MS melt up on the lowest volume day of the year....now that is silly

Thu, 03/31/2011 - 14:44 | 1122363 Thisson
Thisson's picture

Link works fine, if you want to download a 129mb file.

Thu, 03/31/2011 - 14:44 | 1122370 Amish Hacker
Amish Hacker's picture

Zero Hedge ploughs through 25,000 or so pages of just declassified information 

Thanks, Tyler. A lot of people think you're some kind of Typhoid Mary, but you'll always be Evelyn Woods to me.


Thu, 03/31/2011 - 14:45 | 1122373 Piranhanoia
Piranhanoia's picture

what the hell is a virus?

Thu, 03/31/2011 - 14:51 | 1122386 Dr. Richard Head
Dr. Richard Head's picture

Lloyd and Jamie's accounting skills.

Thu, 03/31/2011 - 19:13 | 1123279 andybev01
andybev01's picture

If you don't know, you're already dead.

Thu, 03/31/2011 - 14:47 | 1122374 Milton Waddams
Milton Waddams's picture

If this is the manner in which the nation's Central Bank maintains it's files relating to hundreds of billions if not trillions of dollars in loans... well, it is certainly an argument to shut it down or at least replace it with a more competent organization. The local girl scouts maintain more organized records on their cookie sales.

Thu, 03/31/2011 - 14:52 | 1122391 Dr. Richard Head
Dr. Richard Head's picture

It is a rouse for sure.  If one were to watch the special on the Federal Reserve on HDTV earlier last week they would have seen the FedNET is the most sophisticated computer control room next to NASA.

Thu, 03/31/2011 - 16:04 | 1122659 oogs66
oogs66's picture

This is arrogance beyond belief. They are probably delivering the material required and living up to the letter of the law, but certainly not the spirit. It's garbage that they didn't send it in a more useful format and disingenuous that it's not on their website and only physical delivery of cd. Just another bitch slap to the American people for no good reason other than childish anger at having lost. And he can control inflation? He can't do a single responsible thing or admit he is ever wrong!

Thu, 03/31/2011 - 14:50 | 1122380 slaughterer
slaughterer's picture

Tyler(s): Collateral data was not made available... because the borrowers clearly had insufficient or negative collateral.  This system is a house of cards built on thin air.

Thu, 03/31/2011 - 15:31 | 1122542 buzzsaw99
buzzsaw99's picture

The fed should be shut down for the way it keeps it books.

Thu, 03/31/2011 - 14:55 | 1122395 Diplodicus Rex
Diplodicus Rex's picture

OK I'm willing to throw in some time. Downloaded OK. Bound and OCR'd docs. Now searchable. Now what am I looking for?

Thu, 03/31/2011 - 14:54 | 1122397 azengrcat
azengrcat's picture

There is a pesky "NR" in the FX swap section.

Thu, 03/31/2011 - 14:58 | 1122406 camoes
camoes's picture

FED DUMP, BITCHEZ!

Thu, 03/31/2011 - 14:59 | 1122416 jkruffin
jkruffin's picture

Hell, I opened the first two documents and all I see is JP Morgan Chase to the tune of about $100 Gazillion

 

WTF?

Thu, 03/31/2011 - 15:23 | 1122516 Cdad
Cdad's picture

Sheesh...so slow on the uptake.

J. Dimon is HOT!  Got it?  So hot, laws do not apply to him.  They don't stick.  And at $100 gazillion, I suspect you have not seen even a fraction of his good work from '08.  And he is worth every penny, baby.

So buy yourself a closed strip mall, give Jamie a call, and learn how to leverage that useless real estate into a Ponzi investment...and short some silver already.

Sheesh...don't you people ever give up?

Thu, 03/31/2011 - 15:07 | 1122421 luster
luster's picture

Collateral Report 11/10/08: 22.45% of the Fed's collateral was domestic equities.

From page 8 of 24 in the file

\30110331_fed_release_documents\

FOIA Request No. 2010-282\

Category 6\

PDCF Collateral Report 20081110 - 20090514.pdf

Thu, 03/31/2011 - 15:11 | 1122463 Boilermaker
Boilermaker's picture

No collateral info....SURPRISE!

Oh, well, they don't really keep track of that.  But, it was there....it was...really.

What a fucking joke.  You just knew this was going to be yet another fucking flea circus.

Thu, 03/31/2011 - 15:13 | 1122464 ForeKingHail
ForeKingHail's picture

Who's released the files?

Thu, 03/31/2011 - 15:12 | 1122470 Critical Path
Critical Path's picture

Arguably the worst organization of information I have ever encountered... of course this is only coincidence

Thu, 03/31/2011 - 15:16 | 1122477 AlaricBalth
AlaricBalth's picture

Looks like JP Morgan's rollover problems in the Asset Backed Commercial Paper market were more serious than previously reported. Billions upon Billions in loans through the Feds ABCP Emergency Credit Program. By far the largest borrower. I am not one to editorialize but the numbers are staggering.  Looks like JPM CEO Dimon's late 2007 private meeting with then Treasury Secretary Hank Paulson concerning revival of the ABCP market may have had quite a few benefits for JPM.

Thu, 03/31/2011 - 15:18 | 1122493 jal
jal's picture

Lots data ... must connect the dots before arriving at a conclusions.

Must have been presented this way on purpose.

 

Question:

Which failed banks got money and are now failed?

Which banks on "watch list" got money?

jal

Thu, 03/31/2011 - 15:32 | 1122544 CitizenPete
CitizenPete's picture

Which Banks/Corporations got money that didn't ever exist?

Thu, 03/31/2011 - 15:37 | 1122560 godzila
godzila's picture

excellent question !

Thu, 03/31/2011 - 15:33 | 1122546 Threeggg
Threeggg's picture

My Cache is full ?

Thu, 03/31/2011 - 19:17 | 1123300 andybev01
andybev01's picture

Yeah, but you still have street cred.

Thu, 03/31/2011 - 15:38 | 1122559 vas deferens
vas deferens's picture

"FED Dump"

25,000 pages of steaming bullshit

Thu, 03/31/2011 - 15:42 | 1122570 TruthInSunshine
TruthInSunshine's picture

Wow. Talk about incompetence.

I'm beginning to have hellish recalls of their 'sophisticated treasury buying' operations at 33 Liberty using a Commodore 64 and 3 college interns.

 

The critical key with this data is to analyze it and then be able to factually explain it to even the most average American in a way that causes them to see red and want to engage The Federal Reserve with a newfound appreciation as to how their future and their childrens' futures are being raped.

Thu, 03/31/2011 - 15:43 | 1122575 Nepenthe
Nepenthe's picture

FOIA Request No. 2010-282/Category 1,2 & 3/20090317-20100301 Primary, Secondary and Emergency Credit Originations and Term Loans

7938 pages this doc alone.

Title "Emergency Credit by Program Type Outstanding on: 3/17/2009" Restricted FR (assuming Federal Reserve??) Total Outstanding $311,655,679,917

Type of Emergency Credit ABCP (??)

First 44 lines are JPM Chase- had just over $7.3 billion maturing by 6/29/09

 

Page 4 Type of Emergency Credit IPC- (??)

AIG- 16 entries,  all maturing 9/13/2013- outstanding $45,031,443,539

No wonder the Fed said FU to the Maiden Lane bullshit......

 

All I got for now

Thu, 03/31/2011 - 15:47 | 1122591 jkruffin
jkruffin's picture

How about ZIONS Bank-  Primary -  $500 million with no collateral listed  LOL

Or better yet,

1/4/2008 Calyon Financial (which is not a bank but a brokerage/securities/investment firm) gets millions with no collateral listed.  WTF?

 

Oh, Lordy!!!!!!! I think it is time to ask for Bernanke's resignation along with Treason charges.

Thu, 03/31/2011 - 15:49 | 1122596 I am Jobe
I am Jobe's picture

Shows how idiotic our Govt is. PDF, wtf, cant they collate this crap or put thison a website. No wonder USA is f'd up,

Thu, 03/31/2011 - 15:57 | 1122634 john milton
john milton's picture

“NORDEA BK FINLAND PLC NY BR,” which received $25 million on Aug. 16,

 

thanx ben,

green shoot greetings from Finland

Thu, 03/31/2011 - 16:05 | 1122674 Cash_is_Trash
Cash_is_Trash's picture

Come on third world internet! 50 kb/s

Thu, 03/31/2011 - 16:19 | 1122738 Nepenthe
Nepenthe's picture

CPFF (Commercial Paper Funding Facility, a FED entity) needed $238,402,207,000. It is classfied as "Emergency Credit." So the FED itself had an emergency and bought quite a bunch of shitty paper. According to NYFED site, CPFF closed in Feb 2010. Is this crap paper still on the books?? 

Thu, 03/31/2011 - 16:31 | 1122769 jkruffin
jkruffin's picture

Listed in the "other assets" reporting of course...

Thu, 03/31/2011 - 16:45 | 1122833 johngaltfla
johngaltfla's picture

Our very preliminary question is whether the Fed really expects the US public to believe it does not keep track of the collateral it lends Discount Window money against, and if that rhetoric question is false, then why is collateral data not disclosed?

 

Tyler, you're asking the exact same questions everyone is. I'll be plowing through it this weekend. And I don't buy the bullcrap from them either..thanks for the link.

Thu, 03/31/2011 - 17:08 | 1122945 Widowmaker
Widowmaker's picture

END THE FED.

Thu, 03/31/2011 - 18:52 | 1123202 GeneH3
GeneH3's picture

A well-known tactic of big case litigators is to make such a dump in discovery if they knew the data would be required to be disclosed eventually. In an antitrust suit brought by the justice department a few decades ago, IBM delivered trailer truck loads of documents so as to inundate the department for months or years. Ultimately the court required IBM to develop a data base of the documents. When the Regan administration came in, the suit was dismissed as, among other reasons, too expensive to justify prosecution for a result that was not especially useful. On the day the case was dismissed by the judge the data tapes were destroyed. Potential private plaintiffs appeared before the judge the next day asking him to preserve the data index, but (gee, I'm sorry judge, we erased them yesterday as there was no order then to preserve them . . .) it was too late.

The Fed's stonewalling because the sheeple "can't handle the truth" even after the SCOTUS ruling, will continue in as many ways as they can get away with, even if for a short period to make the relevalation become less potent.

Thu, 03/31/2011 - 20:50 | 1123590 Bansters-in-my-...
Bansters-in-my- feces's picture

So when are yous citizens going to knock down the Non Federal Reserve building,brick for brick/block by block.???

Should be soon,once the Little Macs run out

                                 (shrunken Big Macs)

Thu, 03/31/2011 - 21:26 | 1123691 Bansters-in-my-...
Bansters-in-my- feces's picture

Hey ,it's you's allowing this to happen,not me...

They won't even let me over the border,thank ali,ali.

Time to bring the Non Fed down...

Do NOT follow this link or you will be banned from the site!