Tired Of Being Robbed By The Fed? Here Is Your Chance To Tell Your Senator
Hot on the heels of realizing that the money you have now is getting close to worthless in order to bail out the Wall Street oligarchy, courtesy of the Chairman, Alan Grayson is taking his initiative to delay Bernanke's nomination direct to the people, and here is your chance to be heard. A new website Unmask the Fed is soliciting Americans' endorsement in getting to the bottom of the following question:
Chairman of the Federal Reserve, Ben Bernanke, is up for confirmation to his second term, but he has still refused to disclose where he sent $2 trillion in taxpayers' money. Send a message to your Senators and ask them to make Bernanke come clean before his confirmation moves forward!
Specifically, the answers sought by Messrs. Grayson and Paul are the following (as have been previously disclosed on Zero Hedge):
Last week, Congressmen Ron Paul and Alan Grayson sent an open letter to the Senate Banking Committee about the Chairman of the Federal Reserve, Ben Bernanke. I agree with their sentiments that, before he is reconfirmed for a second term, the Senate should know who got the $2 trillion the Federal Reserve has lent out over the last two years. Only then will the Senate be able to judge whether he should keep his job. Specifically, the Fed must disclose:
(1) Information that Bloomberg reporter Mark Pittman has requested via a Freedom of Information Act Request on the Bear Stearns rescue and that the Federal Reserve is contesting in the courts.
(2) Information I requested in February on which institutions received the additional $1.2 trillion, how much each institution received, and what was promised in return.
(3) All Federal Reserve documents that went to Attorney General Andrew Cuomo’s office relating to the Bank of America/Merrill Lynch merger in which potentially illegal and coercive activity might have occurred, as well as all Federal Reserve documents relating to the lawsuit pursued by Merrill Lynch shareholders in the US District court for the Southern District of New York.
(4) Transcripts of all Open Market Meeting Minutes up to and including that of September, 2009.
(5) Full disclosure of all terms and conditions of all off-balance sheet Fed transactions in the past three years.
Please vote NO on Ben Bernanke's confirmation until the Federal Reserve comes clean on what it has done with OUR money and answers these inquiries.
You can endorse Grayson's initiative here.
(6 votes)
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on Thu, 10/15/2009 - 16:34
#100220
If we get too much going on this Bernanke will just be a recess appointment if need be. Regardless, I'm there.
on Thu, 10/15/2009 - 16:37
#100226
Why don't you ask one of these senators to place a hold on Bernanke's confirmation vote?
- Bernie Sanders
- Sam Brownback
- Tom Coburn
- Mike Crapo
- Jim DeMint
- Byron Dorgan
- Russ Feingold
- Jim Inhofe
- David Vitter
None of them have been supportive of the bank bailout policies of Bernanke, Geithner, and Paulson. And the wizards behind the curtain, Bush 43 and Obama.
on Thu, 10/15/2009 - 17:38
#100297
Will the real slim shady please stand up?
on Thu, 10/15/2009 - 21:18
#100504
LOL +100
on Thu, 10/15/2009 - 16:52
#100244
Ben is a sweet little kid in all of this. The carrot was dangled in front of him- he could be chairman if, he did what he was told.
He was told who to give the money to and, who not to give the money. He was told to keep his mouth shut, regardless of who is asking about the details. Ben is keeping his mouth shut. As he was taught, if the people want to know, let them fight for the knowledge.
Ben's out will be through the audit of the Fed. Then the world will get the disclosure without his assistance. He did his part- he is a part of history now. The same part of history that thought Columbus discovered America.
When countries bailout countries, there is quid pro quo. Quid pro quo is between presidents and prime ministers. Do you really want to know? And if you find out, are you going to ask why? Would you have kept it off the books also?
on Thu, 10/15/2009 - 16:58
#100255
Yeh and greenspan is my hero
on Thu, 10/15/2009 - 17:03
#100262
Link doesn't work!
on Thu, 10/15/2009 - 17:25
#100285
Done and done.
on Thu, 10/15/2009 - 17:47
#100308
Yes! Thurgy sent Vitter, Grayson and Paul all emails 3-4 weeks ago suggesting postponing senate confirmation until an audit is done. Might just be a coincidence, but I'm happy either way.
on Thu, 10/15/2009 - 17:50
#100311
bah... wasn't logged in
on Thu, 10/15/2009 - 21:59
#100526
I've got Vitter as well.
on Thu, 10/15/2009 - 17:54
#100312
Done with a demand we see what's under the beard too!
on Thu, 10/15/2009 - 17:55
#100314
Done with a demand that he shave that academic beard off.
on Thu, 10/15/2009 - 17:55
#100315
so who is goin' to Chicago to protest..
http://www.counterpunch.org/baker10142009.html
on Thu, 10/15/2009 - 18:16
#100341
From the above link:
"Those disgusted by the bank bailouts, and the bankers who brought us this recession, will have a chance to make their views known when the American Bankers Association has its annual meeting in Chicago, October 25-27. A large coalition of labor, community, and consumer organizations are organizing a protest at this “Showdown in Chicago”."
I can't see standing around downtown in front of the Sheraton with a bunch of union and acorn people who are utterly clueless as to how and why the economy crashed and are only there because someone told them to go.
But feel free to go! Bring a gun and prepare to pay an arm and a leg to park if you drive! Also amusing is this from the ABA website:
Don't miss...
It's time to roll up your sleeves, get down to business, and grab hold of the tools that will make the difference in your bank's future and our industry's future.
on Thu, 10/15/2009 - 18:07
#100326
I signed up, but have my doubts. The ones that can do anything are corrupt, complicit bought and paid for crooks that need to have their own chain gang under Joe Arpaio in tent city Arizona.
on Thu, 10/15/2009 - 19:21
#100412
Bernanke may have a printing press in his beard. It's bushy enough for it. :)
on Thu, 10/15/2009 - 22:54
#100558
Hi all,
First time posting here, but very interested in all of this. I went to the website posted by Tyler: unmaskthefed.com. They wanted a lot of info, so decided to do a quick "who is" search on who owned this website. According to godaddy.com, the registrant is Blackrock Associates, LLC. Hmmmm, I wondered, any association to GS or JPM? Did a search on Grayson blackrock, came up with this: http://www.globalresearch.ca/index.php?context=va&aid=15688
Do an edit/find/blackrock and you'll see this:
Treasury Secretary Geithner, under the FOIA release, made 80 contacts since taking his job, with Goldman Sacks, JP Morgan Chase, Citigroup and BlackRock. Some were by phone and some in person. Most calls were between Geithner and Goldman CEO Lloyd Blankenfeld. Can there be any doubt in your mind who controls our government?
So is this website actually sending out e-mails to our congress about this subject or simply the fed collecting names/e-mail addresses/etc. of the people who are "aware". Is Blackrock somehow tied into GS and JPM? Please let me know if you all think this is a valid site or if my tin-foil hat is just spinning full speed. I'd really like to sign up, but I'm worried it may be tainted.
on Thu, 10/15/2009 - 23:09
#100564
In the meanwhile,oil is at almost $78,and DXY at 75.32 at midnight. And we also read that Mr. Carney of Bank of Canada has warned the currency market during the last couple of months,of his own QE v1.0 Canada release. Oil,is the key to everything. Higher market(oil index in the S&P may be the one the boys are shooting to juice up the market after all other valuation went through the roof). And it just might be the one that will break the back of whatever left of the economy,if speculation becomes wild.
on Thu, 10/15/2009 - 23:20
#100571
I just do not understand why so many on this site are angry at The First or Second Coming (depending on your faith or lack thereof) in the form of Ben Bernanke. Just look at his accomplishments and tell me the man does not deserve his head on Mt. Rushmore (in a pinch a sharpened stick on Wall Street would do as well):
---Stabilized home prices in both the Hamptons and Nantucket
---Saved the coffers and endowments of a number of private schools including Choate, Phillips Exeter/Andover and Lawrenceville
---Guaranteed the Golden Years of many Senior Citizens or soon-to-be Senior Citizens such as Lloyd Blankfein, Ken Lewis, Jamie Dimon, Bill Gross
---Wrote a recommendation letter for a young firebrand named Timothy Geithner, who seeks gainful employment as a partner at Goldman Sachs after his career in Public Disservice comes to an end
---Maintained the pricing power of 1961 Petrus, 1985 Biondi Santi, Cohiba Robustos, and Stefano Ricci
---Enhanced the purchasing power in terms of US-based assets for those 6.4 billion citizens of the planet Earth who are NOT dollar based, by engineering the massive appreciation of every currency from the Euro to the Zambian khoja; even the lowly Myanmar kyat is up 40% year-on-year
---Made Gordon Gekko's gold cache soar in value.
Admit it...$23 trillion is such a small price to pay for this level of success.
on Thu, 10/15/2009 - 23:51
#100594
I signed up today, and just now I've gotten some kind of political email spam. I can't prove the two are linked, but I suspect someone is buying or mining the data.
on Fri, 10/16/2009 - 04:49
#100651
Are we just like Rome? And is it burning?
Or are we like on the Titanic and just as
long as the music plays it's not sinking
....or are we like a frog and slowing boiling.
..or ...forget it
and just buy oil and gold because
well it just doesn't matter and they are
going up! Well..for now...
on Fri, 10/16/2009 - 06:59
#100677
I understand the point of this but to openly support anything Grayson does just gives credibility to that jackass when he clearly needs tp be voted out of office. I would spit on that guy if he was on fire.
on Fri, 10/16/2009 - 09:20
#100764
Then you're an idiot. "The friend of my enemy..."etc...
Jeez, you Republics are idiots. Wake up to the real problem.
on Fri, 10/16/2009 - 07:58
#100697
And the reason I want Charles Schumer to know I have a brain is....?
on Fri, 10/16/2009 - 08:00
#100699
http://www.pbs.org/wgbh/pages/frontline/warning/
on Fri, 10/16/2009 - 08:01
#100700
http://www.pbs.org/wgbh/pages/frontline/warning/
on Fri, 10/16/2009 - 15:46
#101277
When I saw what the Police did to the kids in Pittsburgh (G-20), I was angered. I'm going to Chicago. Cant afford not to.
on Fri, 10/16/2009 - 16:22
#101317
This is a bad idea. The Fed lent about 2 trillion to the UK to bail them out last year. If this gets out, it will bankrupt the UK and then the US. Only bad things will come out of the truth. We are too deep into this hole to get out, the current track buys us time and that my friend is the most valuable assets right now. ...
on Sat, 10/17/2009 - 02:32
#101854
chuckle...
oh wait you're serious. sorry.