Spitzer's back!
In one of the most upright explanations of the clusterfuck I've seen on TV yet, Ratigan, Spitzer And Toure pick apart this disaster and explain exactly why the Fed fears transparency.
<div><iframe height="339" width="425" src="http://www.msnbc.msn.com/id/22425001/vp/32124060#32124060" frameborder="0" scrolling="no"></iframe></div>
Link here for the video from MSNBC at zerohedge.blogspot.com
"Let me tell you a dirty little secret. The fed has done a disastorous job since Paul Volcker left.
~snip~
Look at the Governing structure of the New York Fed, it was run by the very banks that got the money. This is a ponzi scheme, it is an inside job, it is outrageous, it is time for congress to say enough of this, and to give them more power now is even crazier."
The greatest cover up EVER is how they describe this clusterfuck.
I have to agree.
Surprise, surprise! The banks are fucking us, and the biggest bank of all is doing the most fucking.
Hmmmmm, wasn't it HSBC that reported Spitzer's "unusual transactions" before Client 9 hit the fan. Seems like that worked ouut pretty good for them, huh?
The C.E.O.'s and everybody at the top took out all the cash in their compensation and bonuses, and nothing but shit trickled down.
A gigantic lahar of molten hot shit that buried the whole economy of Planet Earth.
We know that Goldman Sachs is the devil, why are we scared to throw the Federal Reserve in their too?
And we know that the banks own the Senate. Shouldn't we be screaming at the top of our lungs for a full fledged audit of the Fed?
I do not find myself on the same continent as Ron Paul politically, but a broken clock is still right twice a day. This is one of those times. I do line up perfectly with Senator Bernie Sanders and he supports the idea as well. Why shouldn't we audit the Fed? Seriously, anybody have a good reason?
Are we better off under the illusion that they know what the hell they are doing? Cause they don't. Are we better off not knowing that they are fucking us royally? Ignorance = Strength.
Unless you are like me. I want to know what the hell is going on in the Fed. What the hell is Bernake doing?
I am but an amateur in these matters compared to Jerome a Paris, Bonddad, bobswern or gjohnsit, but I don't need an expert to tell me I'm getting totally screwed. Still, I am really hoping they will comment in this diary and give us their take on the matter.
And I encourage you to join the discussion in the comments below as well.
WTF?
The original source for this diary can be found at docudharma.com
P.S. I am having trouble keeping the link from MSNBC up. If anybody can help with the code it will be appreciated. To watch the video click the link above.
Cheers