9 Trillion dollars from Federal reserve confirmed "missing" (2009)

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9 Trillion dollars from Federal reserve confirmed "missing" (2009)

Post by decryption on Fri Jul 26, 2013 5:54 pm

[Most] People rather give a shit about "Psy - gangnum style" than how the economy is fucking itself over
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Rep. Alan Grayson asks the Federal Reserve Inspector General about the trillions of dollars lent/spent by the Federal Reserve and where it went, and the trillions of off balance sheet obligations. Inspector General Elizabeth Coleman responds by stating that she, the Inspector General, does not know and is not tracking where this money is or where it's going.

Because fuck logic.

"This hearing was at May 5, 2009, just to get a idea of the amount of money was stolen.
We will do this simple calculation
- There were 118.4 MILLION households in USA around 2010
- 9 TRILLION / 118.4 MILLION = $78400
That's about 5-7 years of income/tuition per household. Just imagine going to school or work and everyone received a check of $78400, not to mention all the people in your neighborhood
This is the kind of money they're not willing to spend on better schools for your children..."

The vid has 30,000+ views now! http://youtu.be/nE3BmhhWFFQ

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