$1.2 Trillion Slush Fund: Congressman Alan Grayson Grills Fed Vice Chair Donald Kohn
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- เผยแพร่เมื่อ 12 ม.ค. 2009
- Fed Vice Chair Donald Kohn testified before the Financial Services Committee today, along with John Bovenzi of the FDIC. The Fed's balance sheet has expanded by $1.2 trillion since September 1. Where did the money go? Kohn wouldn't say.
These people act like ill prepared elementary students, yet they are in control of trillions
seriously end the fed
What the hell is the chairman on? He can't even speak.!💀
+Ricco Fonz He did a great job telling people the mortgage markets were fine, however.
I was wondering i it was an accent I couldn't totally understand :)
he's on the chair
Ricco Fonz technical problem I think
That is Barnie Frank, and that IS the way he talks.
A TRUE AMERICAN KICKING ASS!! ALAN GRAYSON.....GOOD JOB!!!
Is that Mr Chairman alright?
-
the fed must be audited, people need to be prosecuted and anyone who stole needs to return the money
Can't believe these clowns - could you imagine if an organization or administration were run this incompetently in the USA....wait, what? What do you mean that's the USA!? Dammit - we're all screwed.
What the hell does he mean it would be @2:06 that "it would be a very bad idea" to give up those names? You "lent" over $1T to probably very shady organizations who more than likely pose a tremendous credit risk. Perhaps the money went to fund operations that would undermine the "full faith and credit of the US Government".
"Utility of the facilities"????
Mr. Grayson I have never respected politicians until I met you. I have all the respect and admiration one can hae for another human being. You are off this planet. Thank you for giving us hope that everything will change and I am glad to have you on the people's side. I am brazilian but I love America. May God bless you and protect you so you can keep your most invaluable work.
The lunatics are running the asylum...
This is what happens when Central Banks are Private Enterprises
''Mr Chairman we have in this country one of the most corrupt institutions the world has ever known, I refer to the Federal Reserve Board and the Federal Reserve Banks, this evil institution has impoverished and ruined the people of the United States.....and has practically bankrupted our government. It has done this through the defects of the law under which it operates. Through the maladministration of that law by the Federal Reserve Board. and through the corrupt practices of the moneyed vultures who control it.''
Louis McFadden........these crooks brought the country to it's knees back in 1929 and will do it all over again......WWIII is around the corner because WAR is our only way out to cover up this corruption
Well said. And Louis McFadden was later assassinated, possibly because he was one of the few in American history to call the Federal Reserve the den of vipers it is.
Keep the pressure on congressman, thank you for acting on behalf of the people and carrying your duties as the representative of the people. Thank you also for going across party lines and supporting Ron Paul who is my congressman on this very important battle for our future.
this is awesome. Happy to know there are people like Alan Grayson in there.
It appears that you were one of the first US Congressman to go for protecting justice in 2009. I wish to follow you more frequently now in 2013.I live in North Wales in the UK where many people & their families are unemployed & relying on food banks.I myself am a retired disabled person. Recent events have lead me to believe that their were no decent citizens living in the USofA today. You Rep Alan Grayson have made me realise I was wrong ! I am mindful of the City of London contribution.
At last, thank you Mr Grayson for starting to ask the absolutely necessary questions.
I hope more will follow.
Alan Grayson is doing his job of oversight. He is one of the few in that house of hem-ers and haw-ers willing to ask questions on our behalf openly and honestly.
I sure wish there were more men like Congressman Alan Grayson.
@Chuichupachichi Well said, I am with you, these bastards have to be held accountable for their tyranny.
We need reps. for the people. Thank you Mr. grayson for asking the ?'s that need to be asked. and I can only hope and pray that Mr. Grayson has the fortitued to flow though. I think that the fed will never be knocked down. there are to many reps with no souls
Need a translator for chairman
Do you think they would feel....angry?
....
No....I don't know...
I loved that exact moment right now. Grade A question.
Grayson for president!
END THE FED NOW!
"We're going to undermine the utility of the facilities". Huh?
Bravo Rep Grayson hold thier feet to the fire
THIS NEEDS TO END !!!
the million, i mean trillion dollar question is at 3:57 - thank you freshman rep. grayson for asking these important questions - you rock! we need more representatives like you in the house.
Now if WE did that........these same people who cant answer the question and refused to answer would prosecute us to the Fullest extent...........smdh
Here are the biggest bank robbers in history !
That's the understatement of the century
well said, good sir.
End the Fed. - RP thats all that needs to be said.
total scum bags.
Left hand on the chest of a deer in the headlight means sincerity from the ❤.
the federal reserve act needs to be rewritten. im sick of hearing from bernanke and the rest of the FOMC claiming they are protected from it. more transparency!
My god : I thought the 2G spectrum scam in my home country was the worst and costliest scam in History - now I see that am dead wrong. 1.2 trillion USD - how many decades can we feed every human on earth for with that money?!
The inspiring "Grayson Grill." Yes!
Sound sucks, but the content is priceless. This is the year we take the country back from the FED.
It all has to be all put back in the middle of the round table!
"I think you gave us the responsibility in the Federal Reserve Act to oversee the stability of the financial system...."
The Federal Reserve act was enacted in 1913.
How well has the Fed performed since its inception?
-Market Crashes of 1921 and 1929
-Great Depression 1929-39
-Recessions in 1918, 1937, 1945, 1948, 1953, 1957, 1960, 1969,1975,1981, 1990, 2001, 2007 (the one we are still in))
-"Black Monday" 1987
-Soaring Corporate and Personal Debt/Bankruptcies Nationwide
GREAT JOB!!!!!!
Wow, this guy has balls! You rock, take on the FED! It's great to see the Fed guy squirm.
Mr Grayson was found in his home today with 4 bullet holes in the back of his head. Coroner rules death by suicide. Not really but wouldn't surprise me.
TPTB have lulled us into not paying attention. Grayson is asking the questions we should all have been asking all along.
no one seems to know anything.
I couldn't agree more. STAY OUT OF CALIFORNIA BARNEY FRANK!!!!!!
With friends like YOU, who needs enemies?
WE HAVE A RIGHT TO KNOW
Grayson is a prat! Every question he asked he got a straight answer to. The fact that there is liquidity in this market and that banks are lending again is testament to the FOMC's prudence and effectiveness. My worst nightmare is having a jerk like this guy in charge of the U.S.' banks!
its over 8 trillion now!
Its crazy how its rises and rises!
it takes one to know one folks - the horses have well and truly bolted
Nice job Alan!
What baffles me about Grayson is that he is a millionaire...(very very very rich) and he's going after these fed snakes...Tells you that this man is an honest man. Get em Grayson and Paul.
Wow, this is shocking. The sheer unaccountability of the Fed is astounding. It's to the point that they are arrogant about how unaccountable they are, and have the expectation that the American public doesn't even have the right to care. We should just accept on blind faith that they are acting in our interest, even though we don't elect their officials and aren't allowed to know what they're doing.
It's obvious international money has lost interest in America!
we need to make it matter... thanks Alan for keeping your eye on the "big picture" legalized theft! when do the taxpayers get to say NO?
That was a good one.
lol Frank sounds like a South Park character!
AUDIT THE FED!!! SUPPORT H.R. 1207!!
Barney Frank The Thief Who Guards the American Chicken coop !~~!
Hell yes...this taxpayer is angry. Prepare for the backlash.
i can garantee you theres millions more hiding under the rock these criminals crawled out from.
I'm Canadian and even I found Kohn's refusal to name specific institutions to be infuriating. Alan Grayson is a very rare species of politician; a Democrat with a spine who is not afraid to speak his mind and who is actually able to feel outraged by the chicanery of these prevaricating, slimy individuals in the Fed.
Just the fact that it's going to banks in other countries is criminal
Open the books, and take away the legal tender monopoly from these banksters
End The Fed !!!
Lent... And never paid back.
Harrumph! You're right on there Tishela
Barney Frank and a whole gaggle more of em' come to mind also.
Yup, it´s all a hallucination. There is no money.
SHUT DOWN THE FEDERAL RESERVE!
This rocks!!
Prison
Alan Grayson is one of the best congressmen of our time
Nice, fight the power.
"Give The Money Back & Restore American Benefits"! "LOCK THEM UP"!!!
Mr. Frank sounds like Cartman from South Park.
It looks like you just gained about 1.2 million strong in support. Keep on holding them accountable!
Alan Grayson: Thank goodness we have him back ! I have never seen a congressman who thinks better on his feet!!
He's the man!!! Go Alan Grayson!!!!!!
We want money back with interest ! Should be 11 trillion for schools , pensions , roads. Hospitals so forth . We want money back from foreign central banks if you lent it !
Don't you know they cringe when they must step up in front of Grayson and answer his questions ........ he is the ONLY one who will ask the questions we want to hear. Why are not the other Senators and Reps doing this for us??????????? They are all corrupted!!
Ya, lets have NO-ONE question the fed. Lets just let the fed gov do what they want.
I'm starting to like some of what Alan Grayson is saying. He's not as bad I thought he was earlier
Grayson was a master at making these guys look like Beavis and Butthead.
Grayson: "Mr Provenza, can you tell me the importance of transparency"?
Mr Provenza: "It's good...it's ...uh. like important and stuff?"
I swear Barney Frank and the late mayor of Boston (Mumbles Menino) are long-lost brothers.
I want to know which corporations get bailouts so I can boycott them.
I had to pause the fucking video because of you, made me laugh so damn hard...
Thank you :D
I can't imagine why they continue to elect MarbleMouth Frank. What does he have that's so great? What does he contribute to the mix? NOTHING! Get 'em all out, bring in fresh & new people that have backbone, integrity and common sense. Peter Schiff. Gerald Celente. Ron Paul. We need progress, not same same same.
Time to get behing HR 1207!
why n how r we a people footing the bills for these criminal's crimes against us??!!!!!?? NO MORE.
ACCORDING TO THE CONSTITUTION....THIS IS PUNISHABLE WITH A DEAD PENALTY. LET'S APPLY THE CONSTITUTION.
why they dont have all the time in the world to solve this?
if they can say NO so who is the authority here?!
THEY ARE ALL CROOKS. They chose to spend our money any way they choose, which isn't the way I would spend my hard earned money.
Plus he has a DeLorean. I love this guy.
Then we'll just have to lend a helping hand.
What did Barney Frank say at the end?? All I heard is Bla Bla Bla....can anyone translate? lol
4:04 LOL
Alan Grayson
puts the Fear of God
into the Neocons.
Effective? Come here to Chicago in 2013. Everything is f.....d up!
Isn't it weird that the fed reserve sends representatives to these hearings who don't know anything? Why don't they just send an actual top fed reserve guy out there and clear everything up?
+Eddie Banks The importance of a good front man is they don't know too much. Like Philip Green in the film Casino (1995)
Because they know even less.
ALAN GRAYSON IS THE MAN
Go Grayson!
Alan Grayson and Ron Paul should run on the same ticket for President and Vice President.
How did that Jewish caricature escape the picture?.... Is he magical?