23 votes

HOT: Federal Reserve Gave, as Part of Bailout, Hundreds of Millions to the Wives of Wall Street Bigwigs

"This one is totally insane. Thank heavens Ron Paul has put pressure on the Fed, trying to find out what it is up to. Rolling Stone magazine is out with a story so hot, it is going to rock louder than any music band the mag has ever covered. RS reports:"

"Now, following an act of Congress that has forced the Fed to open its books from the bailout era, this unofficial budget is for the first time becoming at least partially a matter of public record. Staffers in the Senate and the House, whose queries about Fed spending have been rebuffed for nearly a century, are now poring over 21,000 transactions and discovering a host of outrages and lunacies in the "other" budget..."

Continue at the totally awesome blog at the Economic Policy Journal

Here is the original Rolling Stone Article

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

I'm going to see Elizabeth Warren on Monday

Elizabeth Warren, who is heading up oversight of the TARP funds, is going to be at a forum on Monday night in Lexington. If I get the opportunity, I want to ask her why no one is in trouble.

Behind every man is a

"better woman."

"Necessity is the plea for every infringement of human freedom. It is argument of tyrants. It is the creed of slaves." William Pitt in the House of Commons November 18, 1783
"I have one word for you...predator drones. Oh, you think I'm kidding?" Obombya

Croany Capitalism and National Socialism

"Communism uses the fools as tools;
cronyism uses fools as tools!" ~Katherine

ЯΞ√ΩLUT↑☼N
The troublesome and lengthy, hidden problem with TARP is giving mass amounts of $$
to endocrinated and groomed "CIA" families of sociopathic, severley detached from nature ideologies. Obama is one of them.
It was the "left over" nazi's that continued the curse of fascism in South America, in preparation for the weaponization of immigrants in america, you know, Obama's distracting race baiting and entitlement bull shit.
More women without knowlege of yarn and thread thinking they know how to make a quilt.

"The circus is in town
but they intend to stay;
Treason is in season
what the lobby signs say;
The garden party sycophant
ignorance on display,
Severely detached from nature,
there are no bees today."
- RawfoodLiberty
Intuitive to most humans, the earth is living, breathing entity.

Fed loans to Real Housewives of Wall Street
Submitted by hisgirlfriday on Tue, 04/12/2011 - 20:22
http://www.dailypaul.com/161799/fed-bails-out-real-housewive...

And never forget, “Humans, despite our artistic pretensions, our sophistication and many accomplishments, owe the fact of our existence to a six-inch layer of topsoil and the fact that it rains.”

Le Guillotine...Le Guillotine

For all of them... Start with Bernanke...then Paulson, Geithner, Greenspan...then go right to gates of Goldman and JP Morgan. Oops...there is no death penalty for this sort of TREASON? Maybe Gitmo has a few hotel suites with very soft lighting.

We should also repossess their assets and auction them off, just like the banks do when consumers are foreclosed. What's good for the goose...

TARP should be rebranded CARP

TARP should be rebranded CARP (Criminal Asset Relief Program) This is why the FED should be abolished.

There is no Left or Right -- there is only freedom or tyranny. Everything else is an illusion, an obfuscation to keep you confused and silent as the world burns around you." - Philip Brennan

"Invest only in things that you can stand in front of and pr

ytc's picture

This is what my hubby wrote to a recovering

former Obm-hopium addict. . . who just might come over to the liberty side soon :-)

We thought Taibbi did a fairly good job, but he won't connect the dots and draw the logical conclusion that this is a corrupt racket not only involving Wall Street and the various lowlifes there, but also the other two legs of the triangle: the Fed and the US Treasury. It's a three way, circular racket and the tab is paid by the US taxpayer or by foreign borrowing to finance the US government, all to the benefit of the players in the racket.
The funny thing is, the Fed extends a funnymoney loan like this for a nonproductive result, and they will call it an increase in the GDP. All they're doing is putting more funnymoney in circulation. No value added.
If you don't understand the implications of QE, which is the Fed buying increasingly less valuable Treasury bonds with funnymoney, please check it out. It amounts to theft on the taxpayer and foreign bond holder to a much much greater extent.

I just sent this

viral. I am outraged. Thanks for the info, keep up the great work.

Those who expect to reap the blessings of freedom must. like men, undergo the fatigue of supporting it.-Thomas Paine

The R3volution requires action, not observation!!!!

Truth...

is stranger than fiction.

'Peace is a powerful message.' Ron Paul

Divorces

I can sense some upcoming divorces lol

I am skeptical these women married for the traditional reasons

donvino

It Confirms what Tony Heyward Of BP once said : "We have to help

the little people." Yea, they help themselves to your life blood.

They should all...

be made an example of in a very public way...and I'm not talking show trials....

“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

hahahahahaha

now compare this to the politicians in wealthy Germany:

German politician caught stealing toilet paper:
http://ca.news.yahoo.com/german-politician-caught-stealing-t...

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

typical

"...Frank-Michael John, 24, a member of the far-left Die Linke party..."

Duly noted.

ecorob's picture

could be a defining moment...

looks like this is just too much to ignore

we'll see...

bernanke, geithner, et al, should fry for this

will they?

its 'cos I owe ya, my young friend...
Rockin' the FREE world in Tennessee since 1957!
9/11 Truth.

You would think so

Huffington Post buried this story almost as soon as it came out. Its so blatant now its almost like they don't care if anyone notices.

deacon's picture

silver spooned devils

times are so bad they are given free green toilet paper now too?
i cannot wait until this thing flip flops and they all work for us
it will be harder on those who haven't done a lick in their lives

setting your expectations to high,can cause depression

Where is the class-action lawsuit to go after

the criminal, thieving vampires described? I would want to sign on for that.

This is "marching in the streets with pitchforks and torches" stuff.

Bump

Posted this crap on Facebook.

Ya. But to think..it was NOT

Ya. But to think..it was NOT the congress who did this. It was a lawsuit by Bloomberg and FOX News under the FOIA. Congress ain't done diddly. Will it?

ecorob's picture

no, they will not!

replace them, NOW!
then, try them in a court of law for fraud against the American tax payer

sadly, our congress, doth suck!

its 'cos I owe ya, my young friend...
Rockin' the FREE world in Tennessee since 1957!
9/11 Truth.

ytc's picture

YUP! M Taibbi is still avoiding the real systemic problems

of THE SYSTEM. . . and is blind to Ron Paul's years of work.

Btw, this is the second posting of this article:
http://dailypaul.com/161785/the-real-housewives-of-wall-stre...

Matt Taibbi knows real systemic problems. Helen Keller saw it.

Dear YTC,

Matt Taibbi is well aware of the evils that lurk within the shadows of the Fed... ... and is well aware of Dr Ron Paul's years of work.

BobbyW24, DailyPaul & Matt Taibbi spoke in hushed tones of it when they met earlier this year.

You, BobbyW24 & Taibbi know much of the travesty foist upon America & the world.

    Imagine a world built by Bankers. Build nothing. Loan it out @ interest. Await receipts.

"What is blindness?" I asked Helen Keller. She showed me mine.

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

If we have some on both sides of the aisle

otherwise, the Senate will foul up the whole process. *Not to mention the Current occupant of the White House.

"Hence, naturally enough, my symbol for Hell is something like the bureaucracy of a police state or the office of a thoroughly nasty business concern." ~~C.S. Lewis
Love won! Deliverance from Tyranny is on the way! Col. 2:13-15

Oh,

boy! That was a somewhat surprising read! I'm interested to see what happens now...
Thank you so much for sharing this outstanding article! I passed it on...

O.P.O.G.G. - Fighting the attempted devolution of the rEVOLution
Ron Paul 2012...and beyond
BAN ELECTRONIC VOTING!!

Absolutely nothing! They'll

Absolutely nothing! They'll huff and puff and maybe pass some bogus law that does nothing, if they have to, unless the public completely forgets first.. or maybe the public will never know to begin with!

End the Fed!!!!!

End the Fed!!!!!

End the Fed!!!!

End the Fed!!!!

Let it not be said that we did nothing.-Ron Paul
Stand up for what you believe in, even if you stand alone.-Sophia Magdalena Scholl

Geesh

(facepalm)

And I bet those bastards

And I bet those bastards didn't give a dime to the Madoff family did they?

My God!

I really hope this isn't true. This is overboard.