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Originally posted by CookieMonster09
The Fed is audited every year. Read here:
www.federalreserve.gov...
Here is a copy of the year-end 2011 audited financial statement for the Federal Reserve:
www.federalreserve.gov...
Anyone with even the most basic accounting background will see that the Fed is profitable, and that the false allegation that $9 Trillion is missing is pure mythology. Disagree? Fine. Just show us where on the audited financials statements show these losses.
This thread's allegation is pure bunk.
Originally posted by Maxmars
Originally posted by CookieMonster09
The Fed is audited every year. Read here:
www.federalreserve.gov...
Here is a copy of the year-end 2011 audited financial statement for the Federal Reserve:
www.federalreserve.gov...
Anyone with even the most basic accounting background will see that the Fed is profitable, and that the false allegation that $9 Trillion is missing is pure mythology. Disagree? Fine. Just show us where on the audited financials statements show these losses.
This thread's allegation is pure bunk.
You understand that the Fed charter and the board itself restricts the specific scope and depth of ANY audit carried out by any entity, yes? In fact, only those agencies "approved" by the Fed get to perform the audit, and only under their conditions. The Fed decides what is and what isn't reported, as we have seen in Congressional Hearings transparency is not their agenda.
You may rely on their canned reports to the government... when even those in government know not to... but don't expect others to acquiesce to that degree... you believe what you like, but your characterization of the OP is repugnant to me.
Obviously, like those who insist that parsing words somehow alters the discrepancy to non-existence, you appear offended that people think they are not telling us the whole truth... or that their accounting and reporting methods are suspect. I'm certain you're faith in the sanctity of the Fed will one day be challenged... I promise I won't rudely say "I told you so."
Originally posted by longlostbrother
You're basically saying, we don't know, the Fed is awful, therefore don't worry about the truth.
That's bull#.
Originally posted by Ben81
Originally posted by mytheroy
Yeah I embed this very video on another thread,
The guy asks her all kinds of questions and she's like hummm we have no clue lmaoedit on 31-7-2012 by mytheroy because: (no reason given)
Those people realise fully well
that by stealing all that money from the economy
it will literaly kill people and many famillies
they really have no heart .. i dont even think they have a soul
their bodies look like a empty shell
Originally posted by Ben81
Originally posted by mytheroy
Yeah I embed this very video on another thread,
The guy asks her all kinds of questions and she's like hummm we have no clue lmaoedit on 31-7-2012 by mytheroy because: (no reason given)
Those people realise fully well
that by stealing all that money from the economy
it will literaly kill people and many famillies
they really have no heart .. i dont even think they have a soul
their bodies look like a empty shell