Tag Archives: new york fed

The Federal Reserve ADMITS that Its 12 Banks Are PRIVATE – Not Government – Entities

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Much of the tens of trillions in bailout money and “easy” money from quantitative easing went to foreign banks (and see this, this and this). Indeed, Ron Paul noted recently that one-third of all fed bailout loans – and essentially 100% of loans from the New York Fed – went to foreign banks. The New York Fed is the most important Fed bank. As Bloomberg pointed out in 2009: The New York Fed is one of 12 regional Federal Reserve banks and the one charged with monitoring capital markets. It is also managing … Continue reading →

Federal Reserve Shipped Billions to Iraq Which Were Then Stolen

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The New York Fed refused to tell investigators how many billions of dollars it shipped to Iraq during the early days of the US invasion there, the special inspector general for Iraq reconstruction told CNBC. The Fed’s lack of disclosure is making it difficult for the inspector general to follow the paper trail of billions of dollars that went missing in the chaotic rush to finance the Iraq occupation, and to determine how much of that money was stolen. The … Continue reading →

Occupy Wall Street Needs to Target Real Enemies Or Face Irrelevancy

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Chris Burris, writing for Lew Rockwell’s website yesterday, makes a good point about the Occupy Wall Street movement – they are barking up the wrong tree. Instead of occupying a park outside of Wall Street, they should march en masse to 33 Liberty Street. That’s where the New York Fed is located. In addition, they should take their chants and drums to the Harold Pratt House on 58 E. 68th Street at Park Avenue. The Council On Foreign Relations does … Continue reading →