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Wednesday, May 16, 2012

''Jamie Dimon, JP Morgan Chase & The Fed: Billions & Trillions for Insiders''

From The New American

''Thanks to the decades-long efforts of the Federal Reserve’s tireless nemesis, Rep. Ron Paul, last year the Fed was finally audited by the Government Accountability Office (GAO), which partially lifted the veil on some of the egregious conflicts of interest and colossal theft that have become commonplace in that institution.

The GAO audit only partially lifted the veil because the Fed’s lobbyists succeeded in limiting the Congressionally mandated audit; nevertheless, it was the first time the Fed had been independently audited and the revelations were eye-popping. As Senator Bernie Sanders (D-Vermont) noted, on May 14, after Dimon’s Meet the Press interview, the incestuous relationship between Wall Street and the Fed bespeaks obvious corruption on an enormous scale.''

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