lead in:
here it is the 26th, which is 3 days after the information was ordered to be made public, well...at least disclosed to the court.
Has anything about the FOIA request & court order come to light yet ??
In th OP snip,->
... The network specifically asked the department to identify the troubled assets purchased, any collateral extended and
...
This is exactly, what i've been harping on in several '
Global Meltdown' threads.... an intensive
forensic autopsy as-it-were of the make up of these Toxic Assets.
President Obama, and his
Recovery & Reinvestment Act,
has a structure for the proper distribution of all the Stimulus funds
...including a
Transparency and Accountability Board to
oversee all the legal & oversight responsibilities of disbursing this
remaining $710billion of taxpayer funds.
something that the Fed/Treas has not had over their heads...
for the several Trillion$ shoveled into their hands & in turn passed to
the banks & insurers deemed too-big-to-fail...(bottom line NO oversight)
Obama's Accountability Bgoard will be headed by
Earl Devaney,
hes a former Inspector General at Interior, who busted heads in the BIA & mining , etc VP Biden will also be on the Board.
see:
www.recovery.gov...
see:
www.economyincrisis.org...
~~~~~~~~~~~~~~
when you say this:...
" We have a serious problem here guys. If they release these files and the information on the record shows what I think it's going to, then that
will be the day the market plummets entirely. There's a lot of dirty laundry mixed in with these bailouts, some of it may very well be conflicts of
interests and criminal activity. Which could lead straight to the Federal Reserve and bring the whole system down. "
the excape action, the flanking action, i see happening... is that the
'troubled-assets-purchased'... will remain opaque or misidentified...
or perhaps just given a Generic term such as 'subprime mortgage paper'
or MBS...and sealed from prying eyes !
If one does not realize yet that the Fed/Treas/Banks etc are performing the Magicians art of distracting the nations attention with focusing on the
Mortgage Crisis... then they don't recognize a Svengali Act in progress.
thanks.