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Author Topic: Here is your Audit of the Federal Reserve  (Read 1466 times)

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AngryHateMusic

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Here is your Audit of the Federal Reserve
« on: September 03, 2009, 08:29:09 PM »

In reference to FTL-2009-09-04:

http://CAFR1.com | Gee, it appears everyone recently is looking for an audit of the Federal Reserve to be done, why look or wait any longer, here it is! All you had to do was ask, they have provided one each year for the last 96 years.

Here is for 2008
http://cafr1.com/STATES/FEDERAL-RESERVE/FR2008AR.pdf

Here is for 2007
http://cafr1.com/STATES/FEDERAL-RESERVE/FR2007CAFR.pdf

Here is for 2006
http://cafr1.com/STATES/FEDERAL-RESERVE/FR2006CAFR.pdf

To get to the meat of the matter, scroll down 2/3rds the way through the report on each until you get to the statistical section. There you will see as to collective numbers. Most of the numbers are noted as being in “millions” so add six (6) zeros. After you look there then go back up in the report and it is very informative reading on the preceding pages.

I NOTE: What really caught my eye was in the 2008 report, page 418, under “Loans and other credit extensions” the increases starting in September through Oct, Nov, Dec, of 2008, WOW, stands out above all other aspects in the 2008 report, and broke all the standards from previous monthly activity in 07, 06 and before. There you will see a 400% to 700% increase over the monthly standard previously shown. My must they have gotten some pretty big fish on the hook…

Wonder what the numbers look like in the beginning months of 2009? Somebody on the hook to the FR is going to be paying back some pretty hefty numbers for quite some time..

Again, audit the Federal Reserve banks you say, well here it is. The Federal Reserve’s Annual Report “is an audit” of the Federal Reserve as noted and signed off upon by several independent parties as noted in the report.

To date I have not been able to figure out why several other parties have been pushing for a “special bill” to audit the Federal Reserve System when all they have to do is download it.

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Terror Australis

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Re: Here is your Audit of the Federal Reserve
« Reply #1 on: September 17, 2009, 10:29:51 AM »

It is all smoke and mirrors.An audit wont change anything.
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AngryHateMusic

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Re: Here is your Audit of the Federal Reserve
« Reply #2 on: September 17, 2009, 05:08:55 PM »

I whole-heartingly agree...
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libertylover

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Re: Here is your Audit of the Federal Reserve
« Reply #3 on: September 17, 2009, 06:22:28 PM »

I agree it was a total waste of time.  Pushing for competing currencies would have been a much better reform. 
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Laetitia

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Re: Here is your Audit of the Federal Reserve
« Reply #4 on: September 17, 2009, 06:43:43 PM »

I think it's not a bad idea to basically call for the Federal Reserve to admit in plain english what "everybody knows." It won't change anything, but it gets it out there in the open.

It may seem a bit silly to us, but there's a lot of people out there who actually believe the treasury and the reserve are handling "real money."
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Terror Australis

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Re: Here is your Audit of the Federal Reserve
« Reply #5 on: September 17, 2009, 07:26:14 PM »

What will people do when they find that everything is ok?
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IndyCA

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Re: Here is your Audit of the Federal Reserve
« Reply #6 on: September 19, 2009, 04:00:13 PM »

According to an article about the FED in "The Nation", more regulations of currency will solve everything.
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