Wednesday, March 4, 2009

Who Is Getting the Money!?

Filed under: Education — by Will Kirkland @ 7:58 am
Tags: , ,

How interesting. Bernie Sanders, Democratic Socialist of Vermont, wants to know: Who is getting the $2.2 Trillion dollars the Fed has been dolling out.

In a testy exchange at a hearing before the Senate Budget Committee, Vermont Sen. Bernie Sanders, an independent who usually votes with the Democrats, said he found it “unacceptable” that the central bank risked taxpayer money without detailing where the funds went.

“My question to you is, will you tell the American people to whom you lent $2.2 trillion of their dollars?” Sanders asked…

Sanders Wants to Know

Half way around the world leaders of the Chinese Communist Party want to know the same thing: Who is getting the money?

As China’s government doles out $584 billion to stimulate its ailing economy, critics inside and outside the Communist Party have pressed for details about the murky spending plan and demanded the right to follow the money.

…we are extremely worried that the privileged and the corrupt will seize this opportunity to fatten themselves, damage the relationship between the party and the people, and intensify social conflict.”

… A Shanghai-based lawyer, Yan Yiming, has threatened to sue the National Development and Reform Commission, China’s de facto central planning agency, unless it publishes an inventory of items approved for financing. Mr. Yan’s crusade attracted legions of supporters online.

Li Rui Want to Know

What an age we live in, when an international Red conspiracy demands truth in lending while those controlling the books — designed to account for every centime, and upon which any functioning market depends upon– refuse to say where the borrowed money is going.

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Words for Acts

Perhaps an honest world will never exist. But what's to keep us from dreaming? If each one of us tries to change, maybe we'll succeed.

Rita Atria -- The Sicilian Rebel



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