2009 Revisited: Fed Auditors Know Nothing About Fed Operations

Sharad Karkhanis sent me this link to a May 6, 2009 video on Daily Bail.com and the Daily Paul site.  Representative Alan Grayson (D-Fl) is questioning Inspector General Elizabeth A. Coleman,  the inspector general of the Federal Reserve Bank's board of governors.  Coleman says that she does not have authority to investigate or audit an alleged $9 trillion off balance sheet transactions ($30,000 for every single American) or any Fed activities and that she has no idea of who received the money, or the losses the Fed had inccurred on a $2 trillion loan portfolio.