Real News: NY Federal Reserve Examiner Fired After Submitting Critical Report of Goldman Sachs

[geefloyd46]

[drynberg]

1. The FEDERAL RESERVE is not PUBLIC. I am astounded.

Did you know this? Is this right? Proper? Efficient? Prof. Black says this was stated as wrong in 1989 in the wake of the S&L Scandal.

[The Wizard]

2. Your assignmet, if you choose

read Dos Passos USA, The Big Money written in 1933 and still relevant today. A historofiction that tells the truth through fiction. Considered by some to be the great American novel.

[laserhaas]

3. Thanks for this thread. Sounds like my kind of gal

Woo Hoo!

[BlueStreak]

4. OK, but what was the RESULT of the conflict she was inquiring about?

They never talk about the real substance. They only discuss whether in fact GS had a "real" conflict of interest policy. That hardly seems like a high crime. The issue is what is GS actually hiding through this nebulous policy? What are they trying to hide so much that they are willing to go to court to block it? Why did they get the lady fired?

[CRH]

5. Kick for the information we thought we knew, was false, ...

So, the Regional Federal Reserve Banks that we thought protect the public, are really not federal institutions but rather a private banking buffer between raw naked capitalism and the federal government. Private banking controls the watchdogs and pays the salaries of the inspection and regulation process.

How long have elements within our government that have allowed this disingenuous system been promoting corporations over the public? At least since Wilson. And think of the decisions that led to the fall of Bretton Woods, and no more gold standard, I.E., the new license to print currency for paper promises rather than physical value? The great enabler of deficit economics. Through what process and influences were these decisions made.

This little video begs further investigation of our economic history, and how a government meant to be, of and by the people, could morph into a tool of naked capitalism, not of, by or for the people. A chameleon, a classic fox set loose in the hen house.

kick for exposure.

[BelgianMadCow]

6. Key news

thought about smuggling it into GD, but didn't. Glad you posted!

[Unknown Beatle]

7. The Federal Reserve,

Lincoln and Greenbacks, Kennedy and Executive Order 11110.

[indepat]

8. Big brother will not tolerate the impertinence of shining light on the reprehensible policies

or of lack of requisite policies of its favored patrons.