i wont comment on how you tube bloggers are being systematiclly shut down[thats on alex jones infowars]

Federal Reserve Cannot Account for $9 Trillion
(Money News)

The Federal Reserve apparently can’t account for $9 trillion in off-balance sheet transactions.

When Rep. Alan Grayson (D-Orlando) asked Inspector General Elizabeth Coleman of the Federal Reserve some very basic questions about where the trillions of dollars that have come from the Fed’s expanded balance sheet, the IG didn’t know.

Worse, nobody at the Fed seems to have any idea what the losses on its $2 trillion portfolio really are.

“I am shocked to find out that nobody at the Federal Reserve is keeping track of anything,” Grayson says.

Grayson asked Coleman if her agency had done any research into the decision not to save Lehman Brothers, which “sent shockwaves through the entire financial system,” Coleman said it had not.

“What about the $1 trillion plus expansion of the Federal reserve’s balance sheet since last September?” Grayson asked.

“We have different connotations,” Coleman replied. “We’re actually conducting a fairly high-level review of the various lending facilities collectively.”

Translation: Nobody at the Fed knows where the money went.

Do you know what who got the $1 trillion or more in the Fed’s expansion of its balance, Grayson pressed.

“I do not know.We have not looked at this specific area at the particular point on that specific review,”Coleman answer.

What about the trillions of off-balance transactions since last September,Grayson asked.

Coleman demurred again,saying the IG does not have jurisdiction to audit the Federal Reserve.

Grayson pointed out that it was the inspector general’s job to audit such spending and asked again if the office had done any investigation at all.

Coleman’s answer:Not enough yet to even respond...“We are in not a position to say if there losses.”

Grayson concluded,“I am shocked to find out that nobody at the Federal Reserve including the inspector general,[that is supposed?]to be keeping track of this.”
..article continues at
http://republicbroadcasting.org/?p=1895
and infowars/prison planet/what-really-happend[but not a youtube...lol]