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Fed Releases Transcripts
from 2008 Meetings

Fox Business, by Dunstan Prial

Original Article

Posted By:JoniTx, 2/21/2014 12:29:24 PM

The Federal Reserve on Friday released transcripts from its 2008 meetings, divulging publicly for the first time many of the details of critical decisions made by the central bank during the height of the financial crisis. The transcripts shed light on the decision-making process -- the agreements as well as the quarrels -- that led to unprecedented interventions such as the bailout of banks deemed “too big to fail,” emergency lending measures, the lowering of the key fed funds interest rates to near zero and the long-running bond purchase program known as quantitative easing. Transcripts from a conference call on March

      


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Reply 1 - Posted by: ROLFnader, 2/21/2014 1:01:07 PM     (No. 9741351)

I feel good knowing that I contribute to their pay, perks and pensions and only have to wait for six years to see their work product.

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Reply 2 - Posted by: Philipsonh, 2/21/2014 1:46:45 PM     (No. 9741402)

All I want to know is why they allowed Lehman Bros to go bankrupt but stepped in to save other major investment banks. But I wanted to know that BEFORE they did it. One of the MOST disgusting aspects was allowing Barclay´s Bank to pick and choose assets AFTER the filing , seeing that Barclay´s had refused to help Lehman Bros remain in business before the Bankruptcy. This is the face of corruption at the highest level.

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Posted By: JoniTx- 3/7/2014 9:44:39 PM     Post Reply
PHOENIX -- Federal investigators concluded there was sufficient evidence to bring charges against public officials during their years-long abuse-of-power investigation targeting Maricopa County law-enforcement agencies, according to heavily redacted records obtained by The Arizona Republic. The records indicate that FBI agents found probable cause to recommend felony counts of obstructing criminal investigations of prosecutions, theft by threats, tampering with witnesses, perjury and theft by extortion. Ultimately, federal prosecutors in August 2012 closed the three-year FBI criminal investigation and grand-jury probe into Sheriff Joe Arpaio, former County Attorney Andrew Thomas and their top deputies, saying there would be no indictments due

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Posted By: JoniTx- 3/7/2014 9:40:26 PM     Post Reply
Because of “sequestration and furloughs” the number of individuals audited by the Internal Revenue Service fell by 80,000 in fiscal 2013 and the number of businesses audited fell by 9,000, according to the IRS’s Budget in Brief released this week. “As a result of the impacts of sequestration and furloughs, the IRS delivered key enforcement programs below 2012 levels,” said the budget document. “Total individual audits fell 5 percent from 1.48 million to 1.40 million, while audits of high income individuals declined from 179,000 to 172,000. Business return audits dropped 13 percent from 70,000 to 61,000”. Because of the decline,

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Chicago Tribune, by Ray Long    Original Article
Posted By: JoniTx- 3/7/2014 9:32:05 PM     Post Reply
SPRINGFIELD—The daughter of the Rev. Jeremiah Wright, President Barack Obama’s former minister, was convicted by a federal jury Friday of laundering thousands of dollars from a $1.25 million state grant for a Chicago-based job-training program. Jeri Wright said she would "definitely" appeal the verdict in U.S. District Court, which found her guilty of 11 counts that included money laundering, lying to federal agents and lying to a grand jury. "I didn´t do anything," Wright, 48, of Hazel Crest, said as she left the Springfield courtroom. Her father, whose preaching became a lightning rod during Obama´s first presidential campaign, was not

   

 

  


 
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Posted By: JoniTx- 3/7/2014 8:14:43 PM     Post Reply
Conservative author Dinesh D´Souza, the director and co-writer of the highly successful documentary 2016: Obama´s America, told the Conservative Political Action Conference on Friday that "after we did 2016, President Obama was very upset... If he was upset about that film, wait ´til he sees the new one." D´Souza´s new movie, America, produced by Oscar winner Gerald Molen and John Sullivan, will debut in July. D´Souza was indicted for violating federal election laws in January by the Department of Justice. Many saw the move as pure political payback against an outspoken critic of President Obama. On Tuesday, D´Souza appeared in court with

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Posted By: JoniTx- 3/7/2014 5:37:39 PM     Post Reply
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Posted By: JoniTx- 3/7/2014 5:22:54 PM     Post Reply
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Posted By: JoniTx- 3/7/2014 3:59:23 PM     Post Reply
NATIONAL HARBOR, Maryland—Undercover journalist James O´Keefe, best known for having taken down ACORN with his undercover exposé videos, told attendees at Breitbart News´s ´Univited II´ National Security Action Summit that his main goal is to light a fire under politicians to keep them on the straight and narrow. O´Keefe is the front man for Project Veritas, an organization he said was created to "expose corruption, mostly in government but sometimes in the private sector." The young journalist gave conference goers a brief overview of his latest project in Texas to chronicle and expose the voter fraud and corruption from the

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Posted By: Attercliffe- 3/7/2014 6:54:25 AM     Post Reply
The White House said the US president told his Russian counterpart that Russia’s actions were a violation of Ukraine’s sovereignty and territorial integrity. During the hour-long phone call, President Obama urged Russian forces to return to their bases. The White House said it hoped the crisis could be settled diplomatically and urged the Russian and Ukrainian governments to hold direct talks in an effort to find a settlement. The President called for an agreement which would protect the interests of both Ukrainians and ethnic Russians living in Ukraine. This was the second phone call between the two leaders in a

   

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