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Federal Reserve loses disclosure appeal

"WASHINGTON (MarketWatch) -- The Federal Reserve has lost an appeal it lodged at the U.S. Second Circuit Court of Appeals that may force the central bank to disclose documents regarding borrowing from its discount window and other emergency lending programs. The loss means that the Fed now only has the U.S. Supreme Court as a venue to appeal. A Fed spokesman said it's reviewing the decision."

Read more at: http://www.marketwatch.com/story/federal-reserve-loses-discl...



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Fed Loses Bid for Review of Bailout Disclosure Ruling An appeal

Fed Loses Bid for Review of Bailout Disclosure Ruling

An appeals court refused to reconsider a decision compelling the Federal Reserve Board to release documents identifying banks that might have failed without the U.S. government bailout.

The full U.S. Court of Appeals in New York, in a docket entry dated Aug. 20, denied a May 4 request by the Fed to review a three-judge panel’s unanimous March 19 decision requiring the agency to release records of the unprecedented $2 trillion U.S. loan program begun primarily after the 2008 collapse of Bear Stearns Cos.

Unless the court stays its decision, the Fed will have seven days to disclose the documents. In the event of a stay, the central bank and the Clearing House Association LLC, an organization of 20 commercial banks that joined the Fed in defense of the lawsuit, will have 90 days to petition the Supreme Court to consider their appeal. The Clearing House has already said it will ask the high court to rule on the case.

MORE:

http://www.bloomberg.com/news/2010-08-23/u-s-appeals-court-r...

This is huge news folks! We're talkin' about $2 trillion dollars of secret transactions in a gigantic revere-Robin Hood looting scheme. It's time to wake up.

Thomas Jefferson 1796, 1800, 1804; James Madison 1808, 1812; Ron Paul 1988, 2008, 2012; Rand Paul 2016.

Beware Monopoly-Money-Bank Boys! The World Owes You Nothing.

"The World doesn't owe you anything. It was here first."

Full Disclosure

  • Monopoly-Money for your pretend Economy?
  • "Legal Tender" law green backed trinket debt receipts?
  • $13 Trillion un-audited National Debt?
  • Our gold un-audited?
  • Did congress really give you right to control our dollar printing press?
  • Twas the night before Christmas... Eve?
  • Federal Reserve Act Passed by Bankers while Congress was out for Christmas recess?
  • Passed House & Senate in a flash?
  • Not a creature was stirring, not even a mouse (just rats)?

Full Disclosure... Shining light on complete nonsense.

I have no stock in any of their nonsense. I believe none of it either.

The Fed: Taking the place of our money... Direct from your labor... Loaning you blind, since 1913.

'Twas the Bank Night Before Christmas Eve, 1913... Mark Twin
http://www.dailypaul.com/node/142857#comment-1520254

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

All a charade!

They will drag it out as long as possible, the money will get right in a couple of years then wait til a false flag and then trot the decision out in the middle of the night.

If RP gets elected president he should appoint a team of special prosecutors to clean up all that has happened in the last 10 years.

I second that

Ron Paul get elected and clean up that mess.

"We can see with our eyes, hear with our ears and feel with our touch, but we understand with our hearts."

Either way, there's good

Either way, there's good news. If the Supreme Court rules against the Fed, that's good. Otherwise, congress can pass legislation to override the decision next year, giving the R & R boys some media cannon fodder.

Thomas Jefferson 1796, 1800, 1804; James Madison 1808, 1812; Ron Paul 1988, 2008, 2012; Rand Paul 2016.

Any bets on how fast the Supremes will side with the Fed?

It's a show...and we've all read the script.

I may not know the truth, but I know when I'm being lied to...

The FED is saying it is going

The FED is saying it is going to hurt the image of the people they loan money too... hahaha.. Like we care about those who have drowned the citizens of this country in debt.

Bump

Shine the light on the banksters....

“The Internet is the first thing that humanity has built that humanity doesn't understand, the largest experiment in anarchy that we have ever had." - Eric Schmidt

bump...

again...

"First they ignore you, then they laugh at you, then they attack you, then you win!"
GANDHI

"The belief is worthless if the fear of social and physical punishment overrides the belief."

bump

Thanks.

LL on Twitter: http://twitter.com/LibertyPoet
sometimes LL can suck & sometimes LL rocks!
http://www.dailypaul.com/203008/south-carolina-battle-of-cow...
Love won! Deliverance from Tyranny is on the way! Col. 2:13-15