Nov 10, 2008

The Daily Buzz - The Federal Reserve Refuses To Identify The Recipients Of 2 Trillion Dollars In Emergency Loans!

-The Federal Reserve is refusing to identify the recipients of almost 2 trillion dollars in emergency loans that were funded by American taxpayers or the troubled assets the central bank is accepting as collateral for these loans.

-U.K. Prime Minister Gordon Brown is calling for a new world order to beat the financial crisis.

-Barack Obama is preparing to overturn hundreds of George W. Bush's executive orders, including regulations on stem cell research, climate change and abortion.

-Bill Keller, the founder of, is declaring that "the hand of God has been removed from this nation."

-The president of the Council on Foreign Relations is predicting that coups, genocide and terrorism will test Barack Obama.

-An Obama spokesperson has uttered some shocking comments regarding the funeral of Baby Shanice Denise Osbourne, who was born alive after a failed abortion at a Florida abortion clinic, shoved into a plastic bag, and tossed onto the roof of the abortion building to die in July, 2006.

-Who are the architects of this economic collapse?

-The Episcopal Church is rapidly splitting apart.

-Fannie Mae said its third quarter loss was 29 billion dollars, the largest for any U.S. company this year.

-It turns out that AIG needs ANOTHER bailout.

-Banks in the U.K. are drawing up secret blacklists to ban businesses from overnight borrowing as the credit crunch moves into a damaging new phase.

-Meanwhile, Obama is reassuring big business that everything is going to be okay for them.

-Preacher Joel Osteen says this: "I want to tell people that there are good days ahead."

-California Governor Arnold Schwarzenegger and other advocates of gay marriage are expressing extreme disappointment at Proposition 8's passage.

1 comment:

  1. The Fed is transparent in that it is subject to the oversight of Congress. Is twice a year not fast enough? The intent of Congress in shaping the Federal Reserve Act was to keep politics out of monetary policy. Legislation requires that the Federal Reserve reports annually on its activities to the Speaker of the House of Representatives.