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98 Comments
- kemp34, on 05/07/2009, -4/+186He should be investigated fully. The Fed should be fully audited. America should take back control of its monetary and credit system from corrupt crony corporatist.
- akula89, on 05/08/2009, -1/+107Support HR1207, AUDIT the Federal Reserve
- novalux, on 05/08/2009, -3/+99Ridiculous. Even people who don't care about Ron Paul, should support his bill to audit the Fed. Let's find out exactly how those guys are blowing our money.
- inactive, on 05/07/2009, -1/+87He was not going to go until 2010. Thanks to Bloomberg, the news of this clear case of a conflict of interest at the least, or fraud was brought to the public.
Geithner and Bernanke told him to go before they start to look bad.
The douchebag still contends that he was "public service-motivated".
Unbelievable..... - RonPauls, on 05/07/2009, -2/+58Look guys he's just a selfless public servant, slaving away all day for our benefits, don't you get it? :)
- Wheelingdude86, on 05/08/2009, -2/+38***** the Fed
- 08soso, on 05/08/2009, -0/+34The lawyer says the purchase of 37K shares of Goldman, currently worth $1.5M more than he paid, while he was negotiating the bailout of the company, which would have probably failed without the government, didn't violate any laws or policy. If that is the case then the laws and the policy need a serious overhaul. This lawyer is as fit at those who wrote the torture memos.
- moses141, on 05/08/2009, -0/+33Remember that the NY Fed played a key role in saving AIG, which was used to funnel $12B to Goldman at 100-cents on the dollar. Unlike deals with the other banks, the taxpayers got no equity or promissory note from Goldman for that deal.... just worthless equity in AIG. The only reason Goldman is still around is because it was saved from its exposure to AIG.
- akula89, on 05/08/2009, -1/+30Ron Paul is was and always will be right ;)
"They have control over the foreign policy and the domestic policy, and you don’t have any right to know anything about it because I can’t even get the information. It has to come about by the passage of legislation like this, that demands that they are not independent and totally secret and that they can rule this country through the power of creating money. It’s a monstrous fraud; it is something that has existed throughout history where the king gets control of the money and they inflate the currency and dilute the metals and print the money and whatever, but it has to stop and if we don’t, believe me, this thing will get much worse." - QuantumBios, on 05/08/2009, -1/+29Big surprise there.
- KittySpark1es, on 05/08/2009, -0/+27Please, everyone call your congressmen/woman and ask them to co-sponsor this bill or thank them fo ralready sponsoring it. We already have 143 co-sponsors, and the list grows every day.
Congressional Switch Board (202)224-3121
Flood this number, be put through to your congressmen. Tell them you're sick of a lack of Federal Reserve transparency, and ask them to co-sponsor.
I can tell you I'm sure this isn't the first douche bag that will be caught. - StopTheLie, on 05/08/2009, -1/+27The so-called "Federal Reserve System" is nothing more than a "system" of financial control put in place BY bankers FOR bankers.
If you have enough insight to understand why defense contractors should NOT be in charge of our nation's foreign policy, you have enough insight to understand why bankers controlling our nation's monetary policy isn't such a "great idea" either.
There is a short / free book (available in HTML and PDF format) here:
http://joeplummer.com/meet_the_system.html - govtdoesnotwork, on 05/08/2009, -0/+21And then prosecuted if there's a case, despite the fact that we apparently now have financial royalty.
- KittySpark1es, on 05/08/2009, -1/+22Please, everyone call your congressmen/woman and ask them to co-sponsor this bill or thank them fo ralready sponsoring it. We already have 143 co-sponsors, and the list grows every day.
Congressional Switch Board (202)224-3121
Flood this number, be put through to your congressmen. Tell them you're sick of a lack of Federal Reserve transparency, and ask them to co-sponsor.
I can tell you I'm sure this isn't the first douche bag that will be caught. - jjsavage81, on 05/08/2009, -1/+22Investigated and audited by... the same government that hired this corrupt crony corporatist? Who watches the watchmen?
- govtdoesnotwork, on 05/08/2009, -1/+21The only problem with that would be admitting Ron Paul was right. But yeah.
- funk49, on 05/08/2009, -1/+20This is like a bad joke. It's not like the whole damn financial system isn't owned by Goldman Sachs or anything....check this out:
http://www.independent.co.uk/news/business/analysi ... - bigp3rm, on 05/08/2009, -0/+19Where the ***** is the FBI in all this?????
- jamescarl, on 05/08/2009, -1/+19Soooo, AIG was a way of funneling money to the banks instead of lending them the money directly and getting equity or conditions on the loans (such as restricting bonuses, etc.). AIG is basically a worthless shell so the Government/US taxpayers get nothing.
MONEY TALKS, BULLS**T HAS A PRIVATE JET PLANE!! - roho76, on 05/08/2009, -1/+19We are getting ***** on a massive scale. Please somebody help us. China?.....Russia?......Anybody?....
- minoss, on 05/08/2009, -0/+17This is the reason the banks are "too big to fail."
- nepidae, on 05/08/2009, -0/+14How the hell did this take so long. It was pretty obvious there was shady dealings going. We could have spent millions of dollars investigating everyone in a leadership position and it would have been a drop in the bucket compared to the bailout.
- ronin2307, on 05/08/2009, -1/+14on the payroll
- inactive, on 05/08/2009, -2/+14I'm tired of this crap......
- neozeed, on 05/08/2009, -2/+13Corruption at the Federal reserve? LOL surely you must jest!
One can only hope that one day the congress will sieze back their power of issuance of money, and kick this Rothschild ponzi scheme to the curb. - govtdoesnotwork, on 05/08/2009, -0/+11Exactly, and that effectively means they've gotten a DOUBLE bailout on the sly.
- inactive, on 05/08/2009, -0/+11End the Fed
- bizzywho, on 05/08/2009, -2/+12Seriously, is ANYONE tired enough of this crap yet?
I would expect this in Russia or some Third World country, but not the U.S.!
Even in those Third World countries, they revolt and scare the corrupt people *****!
I'm all for a second American Revolution. Just give the signal and I'll meet you at the nearest Federal Reserve Bank with some hot tar and feathers.
There hasn't been enough tarring and feathering in the U.S. these days...not like it used to be... - neozeed, on 05/08/2009, -1/+11the federal reserve is a private company, there are no public servants there.
- bossm4n, on 05/08/2009, -0/+10Absolutely, but look who's responsible for the investigation, Dodd and Frank. Talk about the foxes watching the hen house. It boggles the mind at all of their personal ties to this mess. How many of them either worked for Goldman Sachs or have friends, family, lovers etc who work there or are lobbyists?
- yerdaddy, on 05/08/2009, -0/+10Guess who Assistant Treasury Secretary Neel Kashkari says should be given the power to oversee banking and securities transactions in order to make sure such a collapse like this never happens again? Wait for it....
The Fed. - TheCash, on 05/08/2009, -0/+9crony corporatist? I think you mean Geithner.
- andyb747, on 05/08/2009, -0/+9"Although I am publicly resigning.... I still will be controlling things from behind the curtain"
-quote missing from article- - PhantomRogue, on 05/08/2009, -0/+8Theres only one solution.
Burn the entire thing to the ground, and restart all over again with a sound financial plan (aka, a system based in reality not dividends and derivative banking) - govtdoesnotwork, on 05/08/2009, -0/+8To me, what he did, even if this obvious crook did it in concert with only ONE other person (like maybe his stockbroker, who also should have seen the blatant conflict of interest) sounds like a Racketeering Influenced Corrupt Organization. I think there's a law out there about that. I'll admit, I used to hate the statist, expanding version of that law, but these days I keep thinking up creative applications of it. For some reason, Federal prosecutors don't seem to have my legal creativity. I think they should hire me, at $1000/day, as a "torture consultant."
- Elsewhere42, on 05/08/2009, -0/+8I wish I could click Thumbs Up more than once.
- AndrewMoyer, on 05/08/2009, -0/+7"Who watches the watchmen?"
The First and Second Amendments
http://en.wikipedia.org/wiki/First_Amendment_to_th ...
http://en.wikipedia.org/wiki/Second_Amendment_to_t ... - Bloodwine, on 05/08/2009, -1/+8It's only a matter of time before Geithner is exposed for something or another. It was a dumbass move on Obama's part to appoint him in the first place. He hired the wolf to guard the sheep.
- yarcod, on 05/08/2009, -1/+8Can we get a legitimate government entity to control our money supply now? kthxbye
- kemp34, on 05/08/2009, -0/+6Who should we ask, the economists at the Fed?
- MWeather, on 05/08/2009, -0/+6Yes, Ron Paul is all about becoming powerful. That's why he's such a fan of big government.
- kaelyiesta, on 05/08/2009, -0/+6The set of people that fall under that definition is not limited to just one person. Many in government and business fall into this category.
- kemp34, on 05/08/2009, -0/+6Yeah, I meant crony corporatistS, left off the s by accident.
- bigsheldy, on 05/08/2009, -0/+6How is this guy not going to be investigated? ***** like this is the reason our economy is in the toilet right now.
- gn84, on 05/08/2009, -1/+7The laws don't need to be overhauled, the system needs to be demolished. Any expectation that an organization as powerful as the Federal Reserve would always act ethically and fairly is delusional. The Federal Reserve should not have a banking monopoly over the money supply. It's a recipe for corruption.
- inactive, on 05/08/2009, -1/+6Did he pay his taxes?
- RonPauls, on 05/08/2009, -0/+5will do
- twistx, on 05/08/2009, -0/+5No, we should be helping ourselves. Most people will acknowledge these problems exist, but the majority are still far to comfortable in their lives to risk it all.
If anybody comes here to overthrow our government it wont be on our terms nor will it be to save us from corruption. - EvelynKillface, on 05/09/2009, -0/+5This would be like if I filled my home with marijuana plants, after putting the mortgage in my wife's name, then when the police show up I can say "Aw, darn! You got me! I guess I'll stop now." Then I walk away whistling, with a duffel bag full of buds, and every single person in the country watches it happen.
Support Ron Paul. You americans need to smarten up, before you destroy the ENTIRE planet. - MWeather, on 05/08/2009, -3/+8Ron Paul almost always votes the right way: No.
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