In Memory of Carol Ann

Dedicated to Erin Elizabeth and Deanna Carol


Any society that would give up a little liberty for a little security deserves neither and will lose both.

Benjamin Franklin.













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Thursday, September 1, 2011

GAO-11-696 Audit the Fed. Uncle Billy's Gone Again

The GAO report GAO-11-696 dated July 21, 2011 was reported on by Mitoosense August 30, 2011 after an obscure reference noticed on the WEB. The impact of 16 trillion dollars of covert secret cash from the Federal Reserve to Bankers around the world is staggering to the taxpayers struggling to feed their families.
The implication of secrecy further increases the magnitude of dissent in the Fed audit and US Government who condones the 2big2fail legacy. The brief review performed at Mitoosense indicated line items in billions to Maiden Lane LLC, Maiden Lane LLC2 and Maiden Lane LLC 3. An Internet search show Maiden Lane to be a bordering street to the Federal Reserve Bank New York address 33 LIBERTY.
Additional searches provided Maiden Lane LLC as corporation chartered by the Federal Reserve Bank New York to provide capital to JP Morgan Chase acquisitions of Bear Sterns and Buy Toxic Waste from AIG and their imaginary CDO's Credit Default Swaps. I'm sure this is all legal.
My question is why all the secrecy? Is the Federal Reserve afraid panic will develop and spoil 3 years of imaginary gains in US confidence? If so we are all victims of the next failure planned at the Federal Reserve in concert with Congress and Casino Banking.
Mitoosense reported the Audit did in fact exist and the accuracy of the amounts is unclear. Anxious for any results to follow up I've heard nada nothin. The Internet is full of chatter about the audit and all seem to support claims of the $16 trillion figure. Leading the claim is US Senator Bernie Sanders (D) Vermont.
To our amazement there isn't any response from government the figures are false. The fact none of the Media, Cable News, Broadcast Networks or Internet Giants Google or Yahoo have carried the news the audits exists or evidence of disputes the $16 trillion amounts.
The Covert Cash in any amounts is evidence of systemic corruption centered on the Federal Reserve and Central Government. The silence in the Press/Media rocks the Core Value of the Bill of Rights.
How can such a charge go unnoticed, ignored or disputed is beyond conventional wisdom in today's 24 hour news cycles.

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