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YOU MUST WATCH THIS VIDEO NOW: Federal Reserve Vice Chair Donald Kohn explains why we can't know who has our money.

1/16/2009

YOU MUST WATCH THIS VIDEO NOW: Federal Reserve Vice Chair Donald Kohn
explains why we can’t know who has our money.
 

  • http://eyebee.wordpress.com/ eyebee

    Donald Kohn is obviously trying to bluff and bluster his way
    out of that…

  • http://www.lwees.com Luis

    Jason, that is why this is not working.
    We have to stop giving our tax money away.

  • http://www.gadgetguy.de/2009/01/16/federal-reserve-vice-chair-donald-kohn-explains-why-he-wont-tell-how-us-taxpayer-money-is-being-spent/ Federal Reserve Vice Chair Donald Kohn explains why he won’t tell how US taxpayer money is being spent | www.gadgetguy.de – The GadgetGuy

    [...] Hello there! If you are new here, you might want to subscribe to the RSS feed for updates on this topic.Powered by WP Greet BoxIf you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!From Jason: [...]

  • http://paulswansen.wordpress.com/2009/01/16/you-must-watch-this-video-now-federal-reserve-vice-chair-donald-kohn-explains-why-we-can%e2%80%99t-know-who-has-our-money/ YOU MUST WATCH THIS VIDEO NOW: Federal Reserve Vice Chair Donald Kohn explains why we can’t know who has our money. « PaulSwansen’s Weblog

    [...] 16, 2009 by paulswansen This is to informative an video not to post in it’s entirety. YOU MUST WATCH THIS VIDEO NOW: Federal Reserve Vice Chair Donald Kohn explains why we can’t kn…: [...]

  • http://www.isolani.co.uk/blog/ Isofarro

    With the Federal Reserve Bank being the lender of last
    resort and their stated goal to stabilse the economy, there
    is some logic to not disclosing the actual recipients of
    the bail-out money. Knowledge of which companies are
    recipients would be counter-productive to the point of
    the lending by causing more unstability for that company and
    the U.S. economy as a whole

    So the Federal Reserve Bank is caught in a difficult
    position between quietly (or secretly)
    lending money to organisations that need it, versus
    letting those organisations collapse, which will cause
    further depressions in an already weak economy.

    No doubt, it is a form of government spending in an effort
    to reduce as much as possible the negative effects of this
    particular recession.

  • James

    This is freacking unbelievable.

  • http://blog.theholderfields.com Matthew

    This is insulting. The hubris is staggering.

  • Rick Martinez

    Our government is run by Robber Barons and thieves. They will be the cause of the death of this country.

  • http://www.branddialogue.com Eric Weaver

    The hubris is beyond comprehension.

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Hello, my name is Jason. Welcome to my blog on the interwebs. You can reach me on twitter @jason and by email at jason@calacanis.com. My Skype is jasoncalacanis, and my mobile phone is 310-456-4900.

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