Our wonderful Gov't in action.

Teresa · May 11, 2009, 11:58:27 AM

Rep. Alan Grayson asks the Federal Reserve Inspector General about the trillions of dollars lent or spent by the Federal Reserve and where it went, and the trillions of off balance sheet obligations. Inspector General Elizabeth Coleman responds that the IG does not know and is not tracking where this money is.

If you thought the government had a handle on the economic crisis, this should rapidly dispel that erroneous feeling. Watch and shed a tear. Unbelievable!!!

Varmit · May 11, 2009, 10:42:06 PM

She could have saved alot of time by replying with a simple, "No, we have no idea what the hell we are doing."

Teresa · May 11, 2009, 11:03:20 PM

I know.. Amazing isn't it? Disgust and Contempt doesn't even begin to describe what I feel.

redcliffsw · May 12, 2009, 07:43:11 AM

Meanwhile, there'll be no changes and the Federal Reserve will continue on its merry way....

By the way, Ron Paul talks a lot sense about the FR but nobody seems to care about any of it either.

larryJ · May 12, 2009, 07:56:07 AM

What??? Huh?

What did she say?? or yet, what didn't she say.

I liked the part where the guy two rows back was telling the lady behind her things and then she was whispering it to the Inspector General while she is stumbling around for an answer. You are right!!! This is downright scary.

Larryj

Diane Amberg · May 12, 2009, 08:01:27 AM

Ditto...I was very disappointed.

Teresa · May 12, 2009, 08:36:37 AM

Now I might be from the old school of just fess up and say what everyone already knows.....but hear me out.
Wouldn't you feel better..( and we all like that warm and fuzzy delusional feeling

) if they said.." You know? We have made a ton of grave mistakes here. I am sorry, but I can not answer your question. I don't think it is going to get any better. We are all very confused and will do our best to try to figure it out. "

I would really like to hear..........." We don't know what we are doing, so we are stepping down so someone who does know..can straighten out this mess before we are all begging for scraps of bread in the streets. "

( this should be under the "wishes that won't come true "thread.. LOL)

Varmit · May 12, 2009, 07:41:26 PM

Quote from: Diane Amberg on May 12, 2009, 08:01:27 AM
Ditto...I was very disappointed.

Wait a minute Diane, whatever happened to ..."trust them to know what they're doing"?

Diane Amberg · May 14, 2009, 08:54:07 AM

I just thought I'd mention this. The big headline in our daily paper today reads "Dignified transfer at Dover honors 5 slain servicemen." These were the military people who were allegedly killed by Sgt. John Russell in Baghdad. It just doesn't get any worse than that....killed by our own soldier. Pfc. Michael Yates, who lived in Federalsburg MD. grew up downstate in Seaford DE. and his little son Kamren still lives there with his mother. My point is this....Pres. Obama changed things so that military families that want to come meet the plane and escort the body home can, at no cost. That's one of the things that he has done that I do like. Yes, it's taxpayer money. I can't think of a better way to spend it.

Varmit · May 14, 2009, 06:04:53 PM

him allowing families that courtesy is brought flat when the s.o.b. makes comments like the one he made at the ASU graduation ceremony,

"We've become accustomed to the title of 'military superpower,' forgetting the qualities that got us there -- not just the power of our weapons, but the ... valor and code of conduct of the men and women in uniform."

the rest of the article is here

[url][http://www.oregonlive.com/newsflash/index.ssf?/base/national-5/124229086784420.xml&storylist=new_topstories/url]