Posted by: bj | September 19, 2009

The FED Refuses to report where it Spent $2 Trillion in 12 Months

The Federal Reserve  has created and spent over $2 Trillion in the last 12 months.  The Fed has stated that the taxpayers do not have a right to know these things, and has gone to court to resist   a FREEDOM OF INFORMATION REQUEST from Bloomberg.

Bloomberg is supported by Dow Jones, The New York Times, The Associated Press, Gannett Newspapers,  Hearst,Advance Publications,  Reporters Committee for Freedom of the Press and the Landmark Legal Foundation (Mark Levin)  which has also filed its own Freedom of Information request.

This is outrageous!!

http://online.wsj.com/article/SB10001424052970204518504574418761585852036.html

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