A Comment About

POTUS Ponderings: I Didn’t See the Economic Crisis Coming

April 30, 2009 - 9:00 am - by Kyle Smith
Alex
2009-05-01 20:01:44

Over two trillion dollars was transferred from US banking system to European Banks in 2007 and 2008 without consultation with US legislators. This was the first indications something was wrong with the Banking system.

1) who is responsible for oversight of the Federal Reserve system

2) why werent US legislators doing their job and auditing the Fed system

3) where did the money end up