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Ron Paul: One-Third of Fed Bailout Loans - and Essentially 100% of NY Fed Loans - Went to Foreign Banks

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Fri, 03 Jun 11 12:20 AM | 36 view(s)
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Submitted by George Washington on 06/02/2011 15:41 -0400

* Monetary Policy
* New York Fed
* Ron Paul
* Scott Alvarez

From yesterday's Domestic Monetary Policy Subcommittee hearing, with Fed Board of Governors general counsel Scott Alvarez and New York Fed counsel Thomas Baxter:

http://www.zerohedge.com/article/ron-paul-one-third-fed-bailout-loans-and-essentially-100-ny-fed-loans-went-foreign-banks?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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