Fed's Inspector General Elizabeth Coleman Missing Trillions of Taxpayers' Dollars
Elizabeth Coleman is the inspector general of the Federal Reserve of the United States, commonly referred to as the Fed. This is the little-understood institution which prints and regulates all U.S. money.
As inspector general, the Federal Reserve website states Elizabeth Coleman is "responsible for preventing and detecting waste, fraud, and abuse." Yet in eye-opening, videotaped Congressional testimony, Fed Inspector General Coleman acknowledged that she can't account for many trillions – yes trillions – of dollars of taxpayers' money.
Do you know how much one trillion dollars is? It's over $3,000 for every man, woman, and child in the U.S. If you only count taxpayers, it's equivalent to $7,000 for every taxpayer. Yet Coleman acknowledges the Fed is not missing just $1 trillion, but many trillions of taxpayers' dollars. In the video clip she says she knows nothing about nine trillion dollars ($9,000,000,000,000) that is claimed to be unaccounted for. That's $63,000 for each taxpayer. It's also three times the amount of the entire annual federal budget of the United States missing in action! These numbers are simply staggering, yet they are getting amazingly little media coverage.
There are many other problems with the Federal Reserve, which by the way, is not really federal nor a true reserve. Members of the Fed's board of governors are appointed by the president, yet during their 14-year terms the U.S. president and Congress have no power over them. Even more revealing is the fact that the Fed is actually owned by the largest banks in the U.S. Take a look and see you if can find who owns the Fed on their website. They avoid talking about this. Nor does the Fed have a full reserve as most people would expect. You can verify and learn lots more about these and other unusual aspects of the Fed by clicking here.
If you care about the many thousands of missing dollars you personally have paid in taxes, you must watch the astonishing five-minute video clip and read the accompanying commentary I've posted at the link below. This is incredibly important information. And please let your friends and colleagues know about this. By informing caring citizens about what's going on behind the scenes with banking and with our tax dollars, we can create a powerful wave of concern which will force major change for the better in our world. Thank you for caring.
Article & 5-minute clip of Fed Inspector General Elizabeth Coleman's testimony:
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