$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.

ความคิดเห็น • 509

  • @benhutchins
    @benhutchins 7 ปีที่แล้ว +13

    These people act like ill prepared elementary students, yet they are in control of trillions

  • @williamhoggins8983
    @williamhoggins8983 9 ปีที่แล้ว +18

    seriously end the fed

  • @madusa1
    @madusa1 9 ปีที่แล้ว +37

    What the hell is the chairman on? He can't even speak.!💀

    • @nathanrobinson1099
      @nathanrobinson1099 8 ปีที่แล้ว

      +Ricco Fonz He did a great job telling people the mortgage markets were fine, however.

    • @djetew
      @djetew 7 ปีที่แล้ว

      I was wondering i it was an accent I couldn't totally understand :)

    • @chazzokunomo6874
      @chazzokunomo6874 6 ปีที่แล้ว

      he's on the chair

    • @hoo-rei2746
      @hoo-rei2746 6 ปีที่แล้ว

      Ricco Fonz technical problem I think

    • @fadedrose9
      @fadedrose9 6 ปีที่แล้ว

      That is Barnie Frank, and that IS the way he talks.

  • @VIKING33NY
    @VIKING33NY 8 ปีที่แล้ว +7

    A TRUE AMERICAN KICKING ASS!! ALAN GRAYSON.....GOOD JOB!!!

  • @sliceofbread29yrago52
    @sliceofbread29yrago52 8 ปีที่แล้ว +11

    Is that Mr Chairman alright?
    -

  • @TechniPat1958
    @TechniPat1958 8 ปีที่แล้ว +7

    the fed must be audited, people need to be prosecuted and anyone who stole needs to return the money

  • @SFO14
    @SFO14 8 ปีที่แล้ว +11

    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"????

  • @SANDYMN2011
    @SANDYMN2011 11 ปีที่แล้ว

    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.

  • @Slarti
    @Slarti 10 ปีที่แล้ว +11

    The lunatics are running the asylum...

  • @PtolemySoter
    @PtolemySoter 10 ปีที่แล้ว +6

    This is what happens when Central Banks are Private Enterprises

  • @lawabidingcitizen101
    @lawabidingcitizen101 9 ปีที่แล้ว +11

    ''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

    • @dlit
      @dlit 5 ปีที่แล้ว

      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.

  • @econewpower
    @econewpower 15 ปีที่แล้ว

    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.

  • @fallenstarx3
    @fallenstarx3 15 ปีที่แล้ว +1

    this is awesome. Happy to know there are people like Alan Grayson in there.

  • @Patiste96
    @Patiste96 11 ปีที่แล้ว

    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.

  • @officespace123
    @officespace123 15 ปีที่แล้ว +1

    At last, thank you Mr Grayson for starting to ask the absolutely necessary questions.
    I hope more will follow.

  • @heineken1956
    @heineken1956 15 ปีที่แล้ว

    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.

  • @TheodoresWorld
    @TheodoresWorld 15 ปีที่แล้ว

    I sure wish there were more men like Congressman Alan Grayson.

  • @LibertyWarrior68
    @LibertyWarrior68 13 ปีที่แล้ว

    @Chuichupachichi Well said, I am with you, these bastards have to be held accountable for their tyranny.

  • @bossduff
    @bossduff 15 ปีที่แล้ว

    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

  • @gnarkill32
    @gnarkill32 8 ปีที่แล้ว +10

    Need a translator for chairman

  • @Flying_Scorpion
    @Flying_Scorpion 15 ปีที่แล้ว

    Do you think they would feel....angry?
    ....
    No....I don't know...
    I loved that exact moment right now. Grade A question.

  • @wagfinpis
    @wagfinpis 9 ปีที่แล้ว +6

    Grayson for president!

  • @brian91145
    @brian91145 3 ปีที่แล้ว

    END THE FED NOW!

  • @WashuHakubi4
    @WashuHakubi4 9 ปีที่แล้ว +5

    "We're going to undermine the utility of the facilities". Huh?

  • @JimLyons47
    @JimLyons47 15 ปีที่แล้ว

    Bravo Rep Grayson hold thier feet to the fire

  • @laneb8395
    @laneb8395 5 ปีที่แล้ว

    THIS NEEDS TO END !!!

  • @myunbridledspirit
    @myunbridledspirit 15 ปีที่แล้ว

    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.

  • @charlesthomas3605
    @charlesthomas3605 5 ปีที่แล้ว +1

    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

  • @estebahnquantum9314
    @estebahnquantum9314 3 ปีที่แล้ว +1

    Here are the biggest bank robbers in history !

  • @saturnx311
    @saturnx311 15 ปีที่แล้ว

    That's the understatement of the century

  • @EvansEasyJapanese
    @EvansEasyJapanese 15 ปีที่แล้ว

    well said, good sir.

  • @vegaspilot03
    @vegaspilot03 15 ปีที่แล้ว

    End the Fed. - RP thats all that needs to be said.

  • @Paultrotter
    @Paultrotter 8 ปีที่แล้ว +4

    total scum bags.

  • @manuelpinto3454
    @manuelpinto3454 4 ปีที่แล้ว

    Left hand on the chest of a deer in the headlight means sincerity from the ❤.

  • @joshuajl69
    @joshuajl69 15 ปีที่แล้ว

    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!

  • @mirrorflame1988
    @mirrorflame1988 9 ปีที่แล้ว +4

    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?!

  • @maxdoubt5219
    @maxdoubt5219 7 ปีที่แล้ว +1

    The inspiring "Grayson Grill." Yes!

  • @duxburyrealestate
    @duxburyrealestate 15 ปีที่แล้ว

    Sound sucks, but the content is priceless. This is the year we take the country back from the FED.

  • @estebahngoldman396
    @estebahngoldman396 4 ปีที่แล้ว

    It all has to be all put back in the middle of the round table!

  • @pudblumpkin
    @pudblumpkin 15 ปีที่แล้ว

    "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!!!!!!

  • @exon112
    @exon112 15 ปีที่แล้ว

    Wow, this guy has balls! You rock, take on the FED! It's great to see the Fed guy squirm.

    • @rtta51
      @rtta51 2 ปีที่แล้ว

      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.

  • @carolynnmi
    @carolynnmi 15 ปีที่แล้ว

    TPTB have lulled us into not paying attention. Grayson is asking the questions we should all have been asking all along.

  • @brianvent
    @brianvent 10 ปีที่แล้ว +6

    no one seems to know anything.

  • @TheJoeScarafoneChannel
    @TheJoeScarafoneChannel 15 ปีที่แล้ว

    I couldn't agree more. STAY OUT OF CALIFORNIA BARNEY FRANK!!!!!!
    With friends like YOU, who needs enemies?

  • @markhouck5258
    @markhouck5258 6 ปีที่แล้ว

    WE HAVE A RIGHT TO KNOW

  • @blisslanding
    @blisslanding 14 ปีที่แล้ว

    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!

  • @timesplitters333
    @timesplitters333 15 ปีที่แล้ว

    its over 8 trillion now!
    Its crazy how its rises and rises!

  • @lorrainewest6521
    @lorrainewest6521 12 ปีที่แล้ว

    it takes one to know one folks - the horses have well and truly bolted

  • @jeremy8080
    @jeremy8080 15 ปีที่แล้ว

    Nice job Alan!

  • @topdogs87
    @topdogs87 12 ปีที่แล้ว

    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.

  • @yrogerg123
    @yrogerg123 14 ปีที่แล้ว

    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.

  • @r2dege
    @r2dege 10 ปีที่แล้ว

    It's obvious international money has lost interest in America!

  • @bajabands
    @bajabands 15 ปีที่แล้ว

    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?

  • @TheAnonymousOne67
    @TheAnonymousOne67 14 ปีที่แล้ว

    That was a good one.

  • @TimothyLittleNESfan
    @TimothyLittleNESfan 12 ปีที่แล้ว

    lol Frank sounds like a South Park character!

  • @Sentinel4truth
    @Sentinel4truth 15 ปีที่แล้ว

    AUDIT THE FED!!! SUPPORT H.R. 1207!!

  • @robertcox3872
    @robertcox3872 9 ปีที่แล้ว +2

    Barney Frank The Thief Who Guards the American Chicken coop !~~!

  • @igotta9
    @igotta9 15 ปีที่แล้ว

    Hell yes...this taxpayer is angry. Prepare for the backlash.

  • @archie977
    @archie977 10 ปีที่แล้ว

    i can garantee you theres millions more hiding under the rock these criminals crawled out from.

  • @chomsky88
    @chomsky88 14 ปีที่แล้ว

    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.

  • @infowarrior23
    @infowarrior23 ปีที่แล้ว

    Just the fact that it's going to banks in other countries is criminal

  • @mkauai2
    @mkauai2 15 ปีที่แล้ว

    Open the books, and take away the legal tender monopoly from these banksters
    End The Fed !!!

  • @Hunter_Bidens_Crackpipe_
    @Hunter_Bidens_Crackpipe_ 3 ปีที่แล้ว +1

    Lent... And never paid back.

  • @motonegros
    @motonegros 15 ปีที่แล้ว

    Harrumph! You're right on there Tishela
    Barney Frank and a whole gaggle more of em' come to mind also.

  • @ludosophist
    @ludosophist 15 ปีที่แล้ว

    Yup, it´s all a hallucination. There is no money.

  • @MsGoliath69
    @MsGoliath69 11 ปีที่แล้ว

    SHUT DOWN THE FEDERAL RESERVE!

  • @americahashope
    @americahashope 15 ปีที่แล้ว

    This rocks!!

  • @truthcantbesilenced4533
    @truthcantbesilenced4533 11 ปีที่แล้ว

    Prison

  • @gigilaco
    @gigilaco 4 ปีที่แล้ว

    Alan Grayson is one of the best congressmen of our time

  • @DailyUnderratedVGM
    @DailyUnderratedVGM 15 ปีที่แล้ว

    Nice, fight the power.

  • @suzieclark5481
    @suzieclark5481 6 ปีที่แล้ว

    "Give The Money Back & Restore American Benefits"! "LOCK THEM UP"!!!

  • @TimothyLittleNESfan
    @TimothyLittleNESfan 11 ปีที่แล้ว

    Mr. Frank sounds like Cartman from South Park.

  • @ShannonOBrien417
    @ShannonOBrien417 15 ปีที่แล้ว

    It looks like you just gained about 1.2 million strong in support. Keep on holding them accountable!

  • @janeegillette
    @janeegillette 11 ปีที่แล้ว

    Alan Grayson: Thank goodness we have him back ! I have never seen a congressman who thinks better on his feet!!

  • @ajguzzo007
    @ajguzzo007 15 ปีที่แล้ว

    He's the man!!! Go Alan Grayson!!!!!!

  • @alphaone767
    @alphaone767 6 ปีที่แล้ว +1

    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 !

  • @RedTeesforMe
    @RedTeesforMe 12 ปีที่แล้ว

    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!!

  • @sreign1
    @sreign1 15 ปีที่แล้ว

    Ya, lets have NO-ONE question the fed. Lets just let the fed gov do what they want.

  • @wtopp345985
    @wtopp345985 12 ปีที่แล้ว

    I'm starting to like some of what Alan Grayson is saying. He's not as bad I thought he was earlier

  • @muchomusiclibre
    @muchomusiclibre 3 ปีที่แล้ว

    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?"

  • @rtta51
    @rtta51 2 ปีที่แล้ว

    I swear Barney Frank and the late mayor of Boston (Mumbles Menino) are long-lost brothers.

  • @freesk8
    @freesk8 15 ปีที่แล้ว

    I want to know which corporations get bailouts so I can boycott them.

  • @vampireB3AN
    @vampireB3AN 11 ปีที่แล้ว

    I had to pause the fucking video because of you, made me laugh so damn hard...
    Thank you :D

  • @Marleyites
    @Marleyites 15 ปีที่แล้ว

    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.

  • @JadrankoBrkic
    @JadrankoBrkic 15 ปีที่แล้ว

    Time to get behing HR 1207!

  • @beijaflor1908
    @beijaflor1908 6 ปีที่แล้ว

    why n how r we a people footing the bills for these criminal's crimes against us??!!!!!?? NO MORE.

  • @Gioxtream
    @Gioxtream 13 ปีที่แล้ว

    ACCORDING TO THE CONSTITUTION....THIS IS PUNISHABLE WITH A DEAD PENALTY. LET'S APPLY THE CONSTITUTION.

  • @sobal79
    @sobal79 14 ปีที่แล้ว

    why they dont have all the time in the world to solve this?
    if they can say NO so who is the authority here?!

  • @jasonbadler
    @jasonbadler 15 ปีที่แล้ว

    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.

  • @someclevernickhere
    @someclevernickhere 15 ปีที่แล้ว

    Plus he has a DeLorean. I love this guy.

  • @Fortress333
    @Fortress333 15 ปีที่แล้ว

    Then we'll just have to lend a helping hand.

  • @siasina
    @siasina 15 ปีที่แล้ว

    What did Barney Frank say at the end?? All I heard is Bla Bla Bla....can anyone translate? lol

  • @Willmuzik
    @Willmuzik 15 ปีที่แล้ว

    4:04 LOL

  • @ryanshaunkelly
    @ryanshaunkelly 13 ปีที่แล้ว

    Alan Grayson
    puts the Fear of God
    into the Neocons.

  • @Rickwmc
    @Rickwmc 11 ปีที่แล้ว

    Effective? Come here to Chicago in 2013. Everything is f.....d up!

  • @Chunkyshoes
    @Chunkyshoes 9 ปีที่แล้ว +3

    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?

    • @TheGoodChap
      @TheGoodChap 8 ปีที่แล้ว +1

      +Eddie Banks The importance of a good front man is they don't know too much. Like Philip Green in the film Casino (1995)

    • @rtta51
      @rtta51 2 ปีที่แล้ว

      Because they know even less.

  • @chris03653837
    @chris03653837 15 ปีที่แล้ว

    ALAN GRAYSON IS THE MAN

  • @xs0heavenly
    @xs0heavenly 15 ปีที่แล้ว

    Go Grayson!

  • @hollisqueenz3488
    @hollisqueenz3488 15 ปีที่แล้ว

    Alan Grayson and Ron Paul should run on the same ticket for President and Vice President.

  • @StraLo90
    @StraLo90 9 ปีที่แล้ว +1

    How did that Jewish caricature escape the picture?.... Is he magical?