Fed can't account For $9 Trillion! in Off-Balance Sheet Tran

[MikeWB]

Must see!

[youtube:2ro3t27p]http://www.youtube.com/watch?v=PXlxBeAvsB8[/youtube]2ro3t27p]

Ridiculous... and people are still not on the streets protesting this scam!

[scooby]

Rep. Alan Grayson is a jew... http://en.wikipedia.org/wiki/Alan_grayson

Inspector Elizabeth A. Coleman has worked at the Fed for 20 years:

http://www.federalreserve.gov/oig/oig_bio.htm

Elizabeth A. Coleman was appointed Inspector General for the Board effective May 6, 2007. In this role, Ms. Coleman leads a staff responsible for promoting economy, efficiency,and effectiveness within Board programs and operations. The Office of Inspector General (OIG) is also responsible for preventing and detecting waste, fraud, and abuse at the Board, among other duties. The OIG achieves its legislative mandate through audits, evaluations, investigations, legislative reviews, and by keeping the Chairman of the Board and Congress fully informed.

Ms. Coleman joined the Board's OIG in 1989 as a senior auditor. She was promoted to program manager in 1999 and to senior program manager in 2001. She was appointed to the official staff in 2004, as the Assistant Inspector General for Communications and Quality Assurance. Over the last eight years, Ms. Coleman has worked closely with the Executive Council on Integrity and Efficiency, a professional organization of about thirty statutory Inspectors General who are appointed by their agency heads in certain designated federal entities, including the Board.

Prior to joining the Board's staff, she was employed by the Government Accountability Office. Ms. Coleman has a BBA from James Madison University and is a graduate of the Stonier Graduate School of Banking, Georgetown University. She also attended the Federal Reserve System's Trailblazers Leadership Conference. Ms. Coleman is a Certified Information Systems Auditor.

Given her role at the Fed and her surname, it's likely that she's a jew, too.

"Coleman" is found in 15 jewish surname databases:

http://www.avotaynu.com/csi/csi-home.htm

[MikeWB]

Rep. Alan Grayson is a jew... http://en.wikipedia.org/wiki/Alan_grayson

So was Benjamin Freedman.

Have you watched his tirades against Bernanke and Fed? He's done more Fed exposing than non-jews on that committee.

[scooby]

Rep. Alan Grayson is a jew... http://en.wikipedia.org/wiki/Alan_grayson

So was Benjamin Freedman.

Have you watched his tirades against Bernanke and Fed? He's done more Fed exposing than non-jews on that committee.

Jews are positioned in Congress to play the role of our plucky heroes. You see, unlike non-jewish congressmen, the jews are permitted to pick up the ball and run with it. Hooray, hooray. And then somehow nothing happens, no-one is held accountable, nothing gets done, nothing is fixed. Rinse and repeat.

[MikeWB]

Rep. Alan Grayson is a jew... http://en.wikipedia.org/wiki/Alan_grayson

So was Benjamin Freedman.

Have you watched his tirades against Bernanke and Fed? He's done more Fed exposing than non-jews on that committee.

Jews are positioned in Congress to play the role of our plucky heroes. You see, unlike non-jewish congressmen, the jews are permitted to pick up the ball and run with it. Hooray, hooray. And then somehow nothing happens, no-one is held accountable, nothing gets done, nothing is fixed. Rinse and repeat.

Look, judge the people based on their deeds, not on their ethnicity! If you do what you're doing, you're grouping yourself with supremacists. Not all jews are bad! I think everyone here will agree with that so don't immediately presume that he's rotten.

At least the guy is raising some issues. What would you prefer... that he say nothing like the rest of the people on that panel who have their fingers in their ears???

Re-listen last few DBS shows and listen to what DBS and MCP are saying on tonight's show about how you can't group all Jews in the same basket. They're the only one who can expose the bad ones because they're on the inside and ADL can't accuse this guy of anti-semitism.

[scooby]

All of our current jewish congressmen and jewish congresswomen have a track record of treachery and murderous hatefulness.

These sewer rats are CRIMINALS.

Prove me wrong.

[MikeWB]

All of our current jewish congressmen and jewish congresswomen have a track record of treachery and murderous hatefulness.

These sewer rats are CRIMINALS.

Prove me wrong.

Why don't you prove to us that Grayson is the rat since that's what you claim!

Sometimes you gotta give people a chance and all we've seen so far from Grayson has been attacks on the Fed. He's attacked Fed more than Paul. When Paul "talks" to Bernanke, he rarely asks him any questions and Paul uses his time to grandstand and just talks about Fed in general terms. At least this guy is asking tough questions and actually showing how crooked these people are.

PS: scooby, don't fall into the Prothink trap of claiming that all jews are bad. TiU is not  a hate site.

[scooby]

All of our current jewish congressmen and jewish congresswomen have a track record of treachery and murderous hatefulness.

These sewer rats are CRIMINALS.

Prove me wrong.

Why don't you prove to us that Grayson is the rat since that's what you claim!

Sometimes you gotta give people a chance and all we've seen so far from Grayson has been attacks on the Fed. He's attacked Fed more than Paul. When Paul "talks" to Bernanke, he rarely asks him any questions and Paul uses his time to grandstand and just talks about Fed in general terms. At least this guy is asking tough questions and actually showing how crooked these people are.

PS: scooby, don't fall into the Prothink trap of claiming that all jews are bad. TiU is not  a hate site.

I'll prove Grayson is a rat as soon as you can prove that I have ever hinted that "all jews are bad".

[Large Sarge]

you guys are hitting on major point.

"where are the good jews"

was Aaron Russo a "good jew"?

he covered part of the story for sure, but then he had that vague reference to the holohoax in his movie, showing an arm outstretched with a number tatooed on it...

Scooby raises some points, is it not stated in the protocols that "we will provide all controlled opposition"?

you see I wonder about Ron Paul, I think he is sincere(hope so), but according to Jim Condit, Lew Moore, ron's campaign manager, deliberately withheld all the money from the campaign, never ran any commercials, etc

so lets pretend RP is genuine, he is in the middle of a campaign, the guy is 70 years old, and running for president, he is out everywhere giving speeches, doing interviews, etc

maybe he just delegates all the money handling, and tv campaign to lew moore...

so is lew moore an agent?

is he a zionist (jew?)

Jim Condit sure thinks he is the enemy....

and Jim Condit is aware of the problem

[MikeWB]

you guys are hitting on major point.

"where are the good jews"

was Aaron Russo a "good jew"?

he covered part of the story for sure, but then he had that vague reference to the holohoax in his movie, showing an arm outstretched with a number tatooed on it...

Scooby raises some points, is it not stated in the protocols that "we will provide all controlled opposition"?

you see I wonder about Ron Paul, I think he is sincere(hope so), but according to Jim Condit, Lew Moore, ron's campaign manager, deliberately withheld all the money from the campaign, never ran any commercials, etc

so lets pretend RP is genuine, he is in the middle of a campaign, the guy is 70 years old, and running for president, he is out everywhere giving speeches, doing interviews, etc

maybe he just delegates all the money handling, and tv campaign to lew moore...

so is lew moore an agent?

is he a zionist (jew?)

Jim Condit sure thinks he is the enemy....

and Jim Condit is aware of the problem

Ron Paul is a seriously flawed candidate. He has many, many faults. He is pushing gold standard which is extremely dangerous since we all know who holds 75% of the gold in the world. Secondly, his lack of energy is also serious since people don't like meek candidates.  Finally, he spat all over 9/11 movement and he will never tackle zionism. He also threw the towel by not spending that money on something worthwhile.

Scooby, look at your comment again... when the first criticism of something is "he/she is a jew", it seriously makes me question your thought patterns. Somehow, being a jew is your #1 complaint? That's what Prothink and his ilk are pushing.

As for Grayson being controlled opposition, that's bullshit. We all know that we wouldn't trust someone who's a lawyer, in government and also Jewish to be in the leadership spot of the patriot opposition. AIPAC leaders are not stupid. You don't get to control the whole country with 6,000 handlers by being fools. Controlled opposition is people like Paul and Alex Jones whom people actually trust! Controlled opposition will be goyim who are bought or blackmailed by zio bankers.... not Grayson. So this guy exposing the Fed like this has more to lose than to gain and I doubt AIPAC made him do it. Elites don't want the truth out, they want to contain it! When Walt/Mersheimer released that book, they didn't do it because they wanted to gain your trust, they did it to expose AIPAC. And one of them is Jewish! So you shouldn't say "Walt's a Jew so this is all a trick." That's what Prothink and Nazis are saying.

[Large Sarge]

I agree with on the "flawed gold standard"

on ron paul, I just do not know?

Jim Condit claims that it is lew moore (the campaign manager) that ran the campaign into the groung

Lew Moore is now in charge of "campaign for liberty" (which condit claims is draining resource from real folks that care)

on 9/11, I agree RP ducked it.

I know this is off topic, but here is the cure for the gold standard


BIMETALLISM:  THE ONLY ENDURING STANDARD

 "This is the end of Western civilisation."

 -- Lewis Douglas (US Budget Director), remark to James P. Warburg after President Roosevelt announced that the US was going off the gold standard, April 18, 1933

Douglas was wrong, of course.  The end of Western civilisation had already come sixty years earlier, when the United States demonetised silver.

In the last eight months I have been forced to recognize a huge gap in my understanding.  I know that I am not alone, since over and over I read phrases like, "Gold is the money that has withstood the test of time" and "Gold has always been the only money," and "Gold is the only money with intrinsic value."

This, of course, is all wrong.  100% wrong.  The gold standard by itself is a problem, because it is essentially monistic.   A gold standard alone is just a fiat standard in disguise.  Bimetallism is the only answer, with gold defined in terms of silver and silver in terms of gold.  That offers a self-correcting mechanism to keep the currencies honest.  A gold standard is just fiat money defined in terms of gold and gold defined in terms of fiat, without any independent valuation to keep the system honest.

That the bimetallic system is self-correcting can be induced from the 45 centuries men used it.  Since what date have we had the greatest monetary and financial instability?  Since the introduction of the monometallic gold standard in the 19th century (not to mention the introduction of Central Banks, beginning with the Bank of Sweden in the 1650s).

I am embarrassed to admit it, but this never quite lodged in my mind until I read an article, "Gold Standard = Fiat in Disguise" by one J.N. Tlaga that  appeared on LeMetropoleCafe.com.  Why I never saw the real issue in bimetallism, namely, it keeps the whole system honest and makes fiat impossible, I can't explain, but it is considerably embarrassing.  If nothing else, I should have seen it from a philosophical/theological standpoint, because a gold standard system is monist, and the universal matrix of truth is Trinitarian, not monist.  Anyway, I didn't see it, but do now.

The gold/silver system governed itself for nearly thirty centuries, without any governments fixing ratios.  The first reference I remember to fixing ratios was the Spanish mint upping the ratio about 1496, so that argues they had been regulating it since the Middle Ages. The Romans also issued coins at fixed ratios, but deferring to the existing market, not trying to maintain some arbitrary ratio in the face of it.  Meanwhile, the ancient East operated on a far different ratio, and the world was not destroyed or disrupted.  

Today the market's operation on the bimetallic ratio ought to be far more efficient than ever before, in view of technological advances in communications.

Once again, we see that the issue of money is far too delicate and crucial to mankind's health to be left to government.  Frankly, I believe the American Founding Fathers thought exactly that way, reading from the monetary system they set up.  

That system was actually trimetallic, with copper, silver, and gold.  The ratio was 840.21 ounces of copper equal 15 ounces of silver equals one ounce of gold, and that's what the coins gave.  They intentionally set up a system with a lower gold/silver ratio than the prevailing world rate (15:1 when the French mint rate was 15.5:1) in order to draw silver, the metal of daily commerce, into the country. They were right, since the colonies had suffered from a dearth of specie for two centuries.  

The system they set up was one that Ed Vieira calls "symmetallism," although I'm not sure that is the precise term, since others use that differently.  Anyway, he means a system where one metal is the standard coin (in our case, the dollar of silver) and the coins of the other metal ("Eagles", not even denominated in "dollars" per the 1792 Coinage Act, but "valued in" dollars) are periodically adjusted to answer changes in the market ratio.  That exactly was done in 1834, without cheating anyone.  

And through all this, everyone was free to contract for payment in silver, or gold, or anything else, without compunction.  And they couldn't be forced to take inflated bank notes.  And there was no central bank.

But didn't the fluctuations in value of gold versus silver wreak havoc with world commerce?  From 1833 through 1873 – four decades – the London price of silver valued in gold ranged from $1.297 an ounce (1833, against an official US price of $1.2929 an ounce) to $1.36 an ounce (1859).  That's a gigantic, colossal deviation of – 4.86 percent!  Today a 4.86% fluctuation in fiat money exchange rates in one day would put everybody to sleep, let alone four decades that quiet.

The cure for our monetary woes is not a gold standard, but a return to a sound, self-correcting bimetallic gold and silver standard.

-- F. Sanders