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Wednesday, May 13, 2009

$9 TRILLION unaccounted for by the Federal Reserve...

...and they haven't a clue where all that money went.

Watch as Inspector General Elizabeth Coleman of the Federal Reserve stumbles and stalls as she tries to 'splain how in the world did her bunch lose $9,000,000,000,000:


Gary Ceres said...

How this shocks anyone at all is what is a shock to me. This is what happens when the government is in charge. When I worked for the Department of Defense I saw this first hand. Our department would go on an orgy of spending the last week of June (the week before the end of the fiscal year) so that they could ask for more appropriations for the next year...none of that spending is traceable...notebooks, pens, mouse pads, etc. It's the nature of the beast. And it's why people are completely delusional if they think the government is capable of running the auto industry, banking industry and god help us all...the healthcare industry.