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Tuesday, February 9, 2010

America Speaks Ink

Where the write is always right (populism)

Rep. Alan Grayson asks the Federal Reserve Inspector General about the trillions of dollars lent or spent by the Federal Reserve and where it went, and the trillions of off balance sheet obligations. Inspector General Elizabeth Coleman responds that the IG does not know and is not tracking where this money is. This is a high quality version of the Financial Services Subcommittee on Oversight and Investigations hearing of May 5, 2009.

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Now that Howard Wolfson has joined New York City Mayor Michael Bloomberg’s staff, the New York press has been abuzz with rumors that Bloomberg may be laying the groundwork for a presidential bid. Are there any truth to those rumors? RT’s Marina Portnaya investigates.

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