"There is another budget ... maintained in complete secrecy"

PTD · Apr 12, 2011

I can't get through this article without being sickened.

The Real Housewives of Wall Street | Rolling Stone Politics

A choice quote;

"Most Americans know about that budget. What they don't know is that there is another budget of roughly equal heft, traditionally maintained in complete secrecy. After the financial crash of 2008, it grew to monstrous dimensions, as the government attempted to unfreeze the credit markets by handing out trillions to banks and hedge funds. And thanks to a whole galaxy of obscure, acronym-laden bailout programs, it eventually rivaled the "official" budget in size — a huge roaring river of cash flowing out of the Federal Reserve to destinations neither chosen by the president nor reviewed by Congress, but instead handed out by fiat by unelected Fed officials using a seemingly nonsensical and apparently unknowable methodology."
Click to expand...

Holy Mother of Fcuk!

Stujoe · Apr 13, 2011

It is disgusting.

Moen1305 · Apr 13, 2011

I think that this topic ties into this: http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x878220

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"There is another budget ... maintained in complete secrecy"

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Moen1305 Not Republican!

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PTD Administrator Moderator

Stujoe Well-Known Member

Moen1305 Not Republican!

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