Congressional oversight of the Fed? - it's non-existent

[Peter Presland]

Elizabeth Coleman worked for 20 years in the Office of the Inspector General of the US Federal Reserve Bank before becoming Inspector General herself. No rookie in other words. In that capacity she was questioned at a the House Oversight Committee session by - among others - Rep. Alan Grayson (D-Fla.) about the Fed's dispersal of bailout monies.

Just watch this video of the exchange. It's a revelation (or perhaps not to those who clearly understand just how crooked the whole system is). As a perceptive contributor to a list I follow observed:

"Even tricky Dickie Nixon was never as obviously corrupt in his stonewalling. It couldn't be more clear that the Federal Reserve is hiding trillions of dollars of corrupt off-balance-sheet gaming and providing funds for corrupt institutions somewhere. this is not a comedy, nor incompetence. This lady has worked 20 years in the office of inspector general of the fed. She has been told to say absolutely nothing. I think she does a terrible job of it. A smarter actor might have sounded like they were going to do something or had some information. But it's pretty clear that the Congress doesn't want to point out the corruption and cans of worms at the fed cause they're all in it together. Scumbags!"

And from the Fed's web site:

The Office of Inspector General (OIG) is also responsible for preventing and detecting waste, fraud, and abuse at the Board, among other duties. The OIG achieves its legislative mandate through audits, evaluations, investigations, legislative reviews, and by keeping the Chairman of the Board and Congress fully informed.
Ms. Coleman joined the Board's OIG in 1989 as a senior auditor. She was promoted to program manager in 1999 and to senior program manager in 2001. She was appointed to the official staff in 2004, as the Assistant Inspector General for Communications and Quality Assurance. Over the last eight years, Ms. Coleman has worked closely with the Executive Council on Integrity and Efficiency, a professional organization of about thirty statutory Inspectors General who are appointed by their agency heads in certain designated federal entities, including the Board.
Prior to joining the Board's staff, she was employed by the Government Accountability Office. Ms. Coleman has a BBA from James Madison University and is a graduate of the Stonier Graduate School of Banking, Georgetown University. She also attended the Federal Reserve System's Trailblazers Leadership Conference. Ms. Coleman is a Certified Information Systems Auditor.
The OIG is tasked with the responsibility to prevent and detect fraud, waste, and abuse, and to promote economy and efficiency in the programs and operations of the Board, keeping the Chairman and Congress fully and currently informed of problems.

There's lots of good blog stuff on the piece too if you just google it.

[Peter Lemkin]

Elizabeth Coleman worked for 20 years in the Office of the Inspector General of the US Federal Reserve Bank before becoming Inspector General herself. No rookie in other words. In that capacity she was questioned at a the House Oversight Committee session by - among others - Rep. Alan Grayson (D-Fla.) about the Fed's dispersal of bailout monies.

Just watch this video of the exchange. It's a revelation (or perhaps not to those who clearly understand just how crooked the whole system is). As a perceptive contributor to a list I follow observed:

"Even tricky Dickie Nixon was never as obviously corrupt in his stonewalling. It couldn't be more clear that the Federal Reserve is hiding trillions of dollars of corrupt off-balance-sheet gaming and providing funds for corrupt institutions somewhere. this is not a comedy, nor incompetence. This lady has worked 20 years in the office of inspector general of the fed. She has been told to say absolutely nothing. I think she does a terrible job of it. A smarter actor might have sounded like they were going to do something or had some information. But it's pretty clear that the Congress doesn't want to point out the corruption and cans of worms at the fed cause they're all in it together. Scumbags!"

And from the Fed's web site:

The Office of Inspector General (OIG) is also responsible for preventing and detecting waste, fraud, and abuse at the Board, among other duties. The OIG achieves its legislative mandate through audits, evaluations, investigations, legislative reviews, and by keeping the Chairman of the Board and Congress fully informed.
Ms. Coleman joined the Board's OIG in 1989 as a senior auditor. She was promoted to program manager in 1999 and to senior program manager in 2001. She was appointed to the official staff in 2004, as the Assistant Inspector General for Communications and Quality Assurance. Over the last eight years, Ms. Coleman has worked closely with the Executive Council on Integrity and Efficiency, a professional organization of about thirty statutory Inspectors General who are appointed by their agency heads in certain designated federal entities, including the Board.
Prior to joining the Board's staff, she was employed by the Government Accountability Office. Ms. Coleman has a BBA from James Madison University and is a graduate of the Stonier Graduate School of Banking, Georgetown University. She also attended the Federal Reserve System's Trailblazers Leadership Conference. Ms. Coleman is a Certified Information Systems Auditor.
The OIG is tasked with the responsibility to prevent and detect fraud, waste, and abuse, and to promote economy and efficiency in the programs and operations of the Board, keeping the Chairman and Congress fully and currently informed of problems.

There's lots of good blog stuff on the piece too if you just google it.

It is all very comforting. 'Fed' not Federal; not subject to oversight; Private and working for Private interestings - not the Public interest; involved along with Banksters and Financesters in current Grand Larceny of US Public and US Treasury; have insiders high in the current and past administrations; etc. The system works - for the top 0.5% - for everyone else it is broken, and the repairmen and service parts are not allowed......by those who broke it on purpose in the first place. A conquered nation, and perhaps the first to be so and not know so. Quite a propaganda or mind-control coup.