Rep Grayson Grills the Fed's Ms. Coleman Over Missing Trillions
Way back in May 2009, we posted this video of (then) Congressman Alan Grayson questioning Elizabeth Coleman, the Fed's "inspector general" – whatever that means – over trillions that the Fed could not seem to account for. Today, Grayson is gone from Capitol Hill but his video legacy lingers ...
Now we're reposting it as an accompaniment to one of today's stories, entitled "Bernanke Mulls Military Protection for Embattled Fed?" We mentioned Grayson in the story and we decided we might as well repost what we consider the video that may, in retrospect, be the one of the most important in helping end the modern Fed.
It is in our view one of the most miserable performances by a top bureaucrat ever presented on YouTube. It is truly historical in its incompetence. And in fact, it shows how much contempt Fed top guns had for the American public – that they could send this person to Capitol Hill to represent the majesty of America's mightiest bank!
Since that time, the Fed's brain-trust has obviously had a "rethink." Bernanke, ever more frantically peripatetic, is now the publicist-in-chief. No, they are not so arrogant anymore. The Internet Reformation has begun to bite.
In fact, in our humble view, they are likely desperate men. If the true litany of what they have done over the past decades ever gets out, the damage will probably be impossible to contain. It would mean big, big changes. Who knows, we might even get a free monetary market out of it once again. People will be so disgusted ...
Of course, there was a REASON for Ms. Coleman's evasion, as it turned out. She and the Fed's top men simply didn't want to admit they'd gone and printed US$16 trillion in SHORT TERM LOANS (so they maintain today) for their buddies in America and colleagues in Europe. All this to "save" the current economic system, which CANNOT be saved anyway. (Something else is intended to take its place.)
Anyway, the previous version was entitled, "Is Anyone Minding the Store at the Federal Reserve?" Here it is once again for your viewing pleasure ...
(Video from RepAlanGrayson's YouTube User Channel)
Posted by cosmos on 11/16/11 03:49 AM
Greyson seems an odd messenger, I mean it's not like he wears a White Hat for the most part of his career. How can Greyson support "Obamacare" and trash the Fed Reserve Bank at the same time.
Perhaps Greyson didn't get his cut and he's using this as a threat.
Posted by jellyman on 11/12/11 03:38 AM
wish i could say that to Bank, huh, "i dont know where it went sorry!!"
Posted by AlSledge on 11/11/11 04:10 PM
Grayson is not really a pretty boy. Of course Ron Paul in not either. In today's politics good hair is the only requirement after being able to read a teleprompter. A recent President (who I shall not identify by name to spare him any embarrassment) had the most humorous vocabulary and pronunciation skills of any American over the age of four that I have ever heard. I enjoyed his speeches for the comic relief they offered.
Grayson on the other hand often had pretty hard hitting comments/questions about/to the Fed. Might this have any connection with him losing his seat? Maybe he is fortunate that he was not found face down in the Potomac or in a park near it, as other "troublemakers" have been found over the years.
Posted by travis690 on 11/11/11 01:08 PM
This goes to show that even an idiot savant like Alan Grayson can make it to Washington, DC.
His regular quizzing of individuals associated with the Fed were his only flashes of intelligence.
Posted by Frank on 11/11/11 08:32 AM
No one is controlling the Fed or exposing the nonsense they continue to get away with. It's all smoke & mirrors as they continue to rob us blind. The clock is ticking & time will soon arrive when the whole rotten house to finally collapse.
Reply from The Daily Bell
Well ... we're trying to ...
Posted by Pete 8 on 11/10/11 10:14 PM
Clip below with lyrics by "Ben Bernanke and the Genocides.
Click to view link
Eminem was right.
Posted by DRJ on 11/10/11 09:38 PM
Rep. Grayson is a hero in my book.
Posted by bewer on 11/10/11 01:07 PM
Ah yes, economic insanity prevails centrally--