Wednesday’s hearing described a secretive group deploying billions of dollars to favored banks, operating with little oversight by the public or elected officials.
We’re talking about the Federal Reserve Bank of New York, whose role as the most influential part of the federal-reserve system -- apart from the matter of AIG’s bailout -- deserves further congressional scrutiny.
TVNL Comment: It is only real when establishment sources report it;-)



US prices rose 2.7% in the year to November, according to federal data released a day...
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