Tuesday, February 09, 2010
1. Sign of a short-term top in commodities
 
2. The silent victims of government intervention
 
3. Thomas Sowell: Government pulling job numbers “out of thin air”
 
1. This could be the biggest government cover-up of the last 20 years
 
2. Why you should be prepared to see silver fall in 2010
 
3. Over 820,000 jobs will disappear tomorrow morning
 
4. The best explanation of Barack Obama's agenda we've ever read
 
5. Porter Stansberry: How to earn a safe 17% a year on your cash
 
Boondoggle reaches epic proportions... Fed cannot account for $9 TRILLION
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Wednesday, May 13, 2009
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From Newsmax:

The Federal Reserve apparently can't account for $9 trillion in off-balance sheet transactions.

When Rep. Alan Grayson (D-Orlando) asked Inspector General Elizabeth Coleman of the Federal Reserve some very basic questions about where the trillions of dollars that have come from the Fed's expanded balance sheet, the IG didn't know.

Worse, nobody at the Fed seems to have any idea what the losses on its $2 trillion portfolio really are.

"I am shocked to find out that nobody at the Federal Reserve is keeping track of anything," Grayson says...

Read full article...

More on the Fed boondoggle:

Interview with Jim Rogers produces AWESOME rants

Former Treasury Secretary is either stupid or criminally negligent

Topics: Government Stupidity | Boondoggle
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