Listen to Alex Jones
  • Midas Resources

    Listen to Alex Jones

    • Prison Planet.tv
    • Pre-Order The Obama Deception
  • Fed Refuses to Release Bank Lending Data, Insists on Secrecy, Says it Isn’t Subject to FOIA Law

    cryptogon.com
    Thursday, March 5, 2009

    HA. Bloomberg is trying to apply FOIA to the Federal Reserve. Well, to those of you who still believe that the Fed is part of the U.S. Government, pay close attention:

    The Board of Governors contends that it’s separate from its member banks, including the Federal Reserve Bank of New York which runs the lending programs. Most documents relevant to the Bloomberg suit are at the Federal Reserve Bank of New York, which the Fed contends isn’t subject to FOIA law. The Board of Governors has 231 pages of documents, which it is denying access to under an exemption under trade secrets.

    Via: Bloomberg:

    The Federal Reserve Board of Governors receives daily reports on loans to banks and securities firms, the institution said in response to a Freedom of Information Act lawsuit filed by Bloomberg News.

    The Fed refused yesterday to disclose the names of the borrowers and the loans, alleging that it would cast “a stigma” on recipients of more than $1.9 trillion of emergency credit from U.S. taxpayers and the assets the central bank is accepting as collateral.

    Fed Refuses to Release Bank Lending Data, Insists on Secrecy, Says it Isn’t Subject to FOIA Law obamadecept 340x169

    The bank provides “select members and staff of the Board of Governors with daily and weekly reports” on Primary Dealer Credit Facility borrowing, said Susan E. McLaughlin, a senior vice president in the markets group of the Federal Reserve Bank of New York in a deposition for the Fed. The documents “include the names of the primary dealers that have borrowed from the PDCF, individual loan amounts, composition of securities pledged and rates for specific loans.”

    The Board of Governors contends that it’s separate from its member banks, including the Federal Reserve Bank of New York which runs the lending programs. Most documents relevant to the Bloomberg suit are at the Federal Reserve Bank of New York, which the Fed contends isn’t subject to FOIA law. The Board of Governors has 231 pages of documents, which it is denying access to under an exemption under trade secrets.

    Full article here

    Prison Planet.tv Members Can Watch Fall Of The Republic Right Now Online - Don't Miss Out! Get Your Subscription Today!

    Survive

    CANCER CONSPIRACY? Are "they" suppressing the cure? Will YOU be the next victim? Learn the Secret Truth! - READ FULL STORY

     

    • Social bookmarks
    • Social bookmarks
    • Email this article
    • Email this article
    • Print
    • Print this page
    Comment Terms Of Use

    55 Responses to “Fed Refuses to Release Bank Lending Data, Insists on Secrecy, Says it Isn’t Subject to FOIA Law”

    1. Alan Craig Says:

      Just go to the Federal reserve Building and cause a riot inside and demand to see this list. Stop whinging about it online.

      Paul D Reply:

      Go on then. Have fun in jail.

      Chump Reply:

      At what price can freedom be purchased?

      At what cost the toil of Liberty’s toil?

      Is it worth your life? Your property? Let the chains rest lightly upon you. For you Paul, you and I are not brothers. For those willing to sacrifice security and liberty for security- you deserve neither. May your chains rest lightly upon you as you lick the boot planted upon your skull!

      For Mr. Craig- here! Here! Further, I suggest what I have been doing now for 15 years- cease voluntarily assessing your own taxation! Will it cost me my life, my liberty? – I say with sounding resolve, “HELL NO- IF ANYTHING, IT MAY COST ME MY LIFE.”

      …When in the course of human events, it becomes necessary…..

      Let every free man, with a free conscience CHOOSE, of his own volition, to RESCIND HIS CONSENT to be governed by the likes of theives and brigands.

      If the day comes when the resounding clash of arms echoes from your foyer, then I say- LET THE TREE OF LIBERTY FIND HER SUSTAINENCE! With cheer, I will be happy to know that I have given my life for posterity’s sake- for freedom? Then so be it!

      http://www.youtube.com/watch?v=MfBBXeu2Py0 DIE WITH HONOR!

      MARIA Reply:

      That’s what they want us to do.

      REASON( john smith) Reply:

      telling you thats what they want you to do. is a physc job to stop us from doing it .I’ll be there tomrrow morning properly by myself but I don’t give a shit any more. Put my ashes in envelopes and mail them to the assholes who
      sitting back in fear.

      Max Power Reply:

      Enjoy prison fucking tool

      goldgunsilver Reply:

      Everyone who says “enjoy prison” and calls everyone else a name is simply immature. You’re just another one of the people that say there is no way to beat the current system. You aren’t going to beat them by violence. They have more guns and powerful weapons than you can imagine. You have to attack the system that keeps them afloat. If everyone in the US just stopped making their mortgage payments and car payments, etc. it would cripple the Fed. End the Fed, end the problems. They want riots so they have reason to enforce stricter gun laws and take away your freedom…a police state is their dream…but believe me, I want to go in to the Fed just as much as a lot of people do and go postal, especially Big Ben.

    2. UnitedFakesOfGenerica Says:

      I say we start lopping off heads in front of the federal reserve building starting with Greenspan!!!!

      Gary Reply:

      I agree.

      max the marlboro man Reply:

      will you be the first one? if so I would follow suit!

      Max Power Reply:

      Ya keep making threats online, you must really want a visit from the feds

      Chump Reply:

      There are millions of people throughout the world my friend, who are wishing death, ill will, and herpes sores to break out across these peoples faces.

      I believe you WAY OVERESTIMATE the ability of the feds to contain a Waco Massacre that isn’t the size of some small church in Texas, but now rests under the umbrella of the entire sky.

      The best way the feds can keep people (bankers, grocery store owners, politicians, and gas station attendants) safe is to continue to create the illusion of justice, and spend their resources on the likes of Madoff… Both Max & Gary are capable of expressing their thoughts on a subject as serious as liberty.

      Making threats that the “feds are coming” isn’t wise when speaking to Paul Revere types. There comes a day, when a man chooses no longer to take the ass-raping, and he stands up to put on a pressure dressing and grab his rifle.

      “We hold these truths to be self evident…. ” “… it is their right, their duty, to throw of such government…”

      Don’t go trying to scare a few Pat Henrys or Paul Reveres here bro. The cowards’ lounge is out behind the local fed res bank… but I wouldn’t advise going there.

      Chump Reply:

      HERE! HERE! If there is any way I can influence you into joining or LEADING A GRAND JURY my friend, I would give my right arm for it!

      Let the cowards cower- forget them- their lives will be of service to whomever commands them. For those who have any conscience, then logic, morals, and the spirit move them into position to make a difference- even if perchance at their own personal cost.

      We have the tools, and they all aren’t made of steel, rifled and in a calibre- they too have purpose, justice, and hope – with force of jury, law and authority to HANG THE BASTARDS!

      The time of silent, obedient consent is OVER- raise your voice- walk to the window and hell- “I’m mad as hell, and I’m not going to take this anymore”!

    3. UnitedFakesOfGenerica Says:

      It’s like being told your not being ass raped while there cocks are still buried balls deep.

      Chump Reply:

      omg! my friend! your eloquence resounds – max volume- in my ears!

      beautiful!

    4. Charles Says:

      Just proof that these thieves are above the law, and above regulation.

      Give me control of the money in a nation, and I care not who makes it’s laws.

      This is that famous axiom in action… if you control the money, you control the nation… anyone who thinks the US government is in control… only has to watch the fed.

    5. Hologram5 Says:

      What a load of shyte. If they are going to use OUR money to bail these incompetent criminals out then they need to let us in on who’s getting it and how much they are getting.

    6. Sons of the USS Liberty Says:

      Lookee at the suckers just pay your taxes and the INTEREST payments to massa and he
      will then sacrifice your children to the War God as Usual. It’s very Typical for the Inbred
      Khazarian Tribe. Its their game and they are very clever at it. Plot and jerk plot and jerk.

    7. SeaBottomDweller Says:

      And right they are…watcha gonna do ’bout it, huh?…

      So far ALL of the elitist criminals have got away with murder (litteraly) and now they too will want to get away with it…and to be perfectlly honest…who is going to stop them…?…

      Who?

    8. Joe Chevy Says:

      Hey, didn’t the IRS go after the Swiss Bank “UBS” for tax records? Why not have the IRS go after the Federal Reserve for the same records? Doesn’t the Federal Reserve get taxed, after all they aren’t part of the Government, so they must be like a private company? We (and I mean citizen and businesses) have to tell the IRS where our money is coming from, unless the Federal Reserve plays by different rules?

    9. Lookee at the Suckers Says:

      Come on somebody has to buy all the forclosed houses real cheap. You just have to be
      a “special” tribal member of the “chosen” ones then you can rent to the Christians.
      They are fun to jerk around with money. They have a sign up at the FED “no stinkin goyims
      need apply” just pay me the Interest on Money from thin air………..

    10. Dr. Weezil Says:

      I think it’s hillarious that Bloomberg is so shocked that they’d refuse a F.O.I.A. request.

    11. global plantation serf Says:

      Cool they can run public policy without public accountability. Lots of mysterious changes and it’s all secret!

    12. MARIA Says:

      This money that they stole was only meant to crash the dollar and the economy; only to introduce a new currency. All this other shit is just “theater”. The problem lies in the people (us) not seeing this coming because everyone is too busy with their own lives to notice. People don’t care unless it affects them. The damage is done and I just hope that the next time people are ready to vote for Local and State Officials they remember who approved these “Bail-Outs”. In the mean time we have to support people like Ron Paul, Dennis Kucinich, Ralph Nader, Alex Jones and the small group of others who are actually doing something now.

      P.S. – I would love to see what would happen if each and every one of us that files our “taxes” joined together and not filed anything. What would they do ? They can’t arrest Millions of people.

      blindboy Reply:

      That is exactly correct.

      global plantation serf Reply:

      Let’s have a Tea Party!

    13. Joe in JT Says:

      So here’s what I’m going to do. Go to Bank of America and apply for a 1 million dollar loan, and when they want my identification and social security number I’m going to tell them it’s confidential, because if they found out they wouldn’t loan me the money. Then they would call the cops and do a mental exam on me to see if I was crazy. But in Washington our government makes it a bill and it’s passed by Congress and they call it a stimulus package. Oh and another thing, all the troubled homeowners that want a lower interest rate from the government, none of you qualify, unless your Mother Teresa. And she’s dead.

      Rob in CT Reply:

      Troubled homeowners, yeah, they fail to mention that pretty much every government program is all about bait and switch, unless you are one of the old boys or have lawyers.

      They bait you in and give you a huge load of forms to fill out, none of which you understand. And then you get denied!

    14. nader paul kucinich gravel Says:

      The FED is not subject to the Freedom of Information Act laws;

      What should this tell the sheep?

      Baaah-baah black sheep

      Dilbert McGunnut Reply:

      That is right, the Federal Reserve is NOT subject to the FOIA because it is NOT a government agency. It is private. We are all paying tribute to a private company that is basically screwing us. On his death bed Woodrow Wilson knew that he screwed his country by signing the federal reserve act. Google it. Also, watch “Money as Debt” it’s a 48 minute animated video that is worth watching. google it. Also “The Money Masters” (video), “Creature from Jekyll Island” (book)

    15. Forced Freedom Says:

      Finally, Americans are awakening to the truth about who the Federal Reserve REALLY IS and now maybe they will consider doing something about getting rid of them and moving back to the Constitutional currencies……..GOLD & SILVER!

      ABOLISH THE FEDERAL RESERVE & the IRS!!!!!!

      NOW!!!!!

    16. MIKEYJ333 Says:

      Is there any God fearing, constitutional protecting americans that have knowledge of the law that will do something about these criminals. cant we prosecute, right bills or somehow take back our country without storming washington with pitchforks. Why is there not a movement trying to free us of these facist bastards. Im tired of good americans just sitting around taking it! If nothing is done, we will get what we deserve, and so will our children. WAKE UP!!!!!

    17. max the marlboro man Says:

      still, we the people do nothing while they continue the rape

    18. Neocon Narc Says:

      If they did not want to create a “Stigma”.
      They should not borrow the money…Make up your minds.
      You want help or not..then admit it and take it…

    19. ConspiracyX Says:

      Wasn’t one of the big issues with the first bailout the fact that money distribution was not subject to any inquiry, not even a court of law? So, why are we surprised by this?

    20. Marsal Says:

      Let’s ask the man Ron Paul that everyone tried to ignore (when he was running for election)
      how it’s done. So far none of the gutless, usless representitives the states have sent to DC on our behalf have a clue or they’re part of the problem.
      But in reality if the conress can employ a cabal of blood/tax sucking bankers then they should be able to unemploy them, right Mr.and Ms’s Senator and Cogress?
      Then proceed to undo the FR scam and begin prosecuting and the scumbags and turn this country around. We must pressure those reps. in DC who have already planned for pissed off
      riotors by creating (bankland security) homeland security and fema. If anyone thinks those
      organizations are to keep us (the unrich) safe from the phantom terrorists start reading between the unsensored news lines.

    21. global plantation serf Says:

      Why is public policy conducted with no public accountability? That should be illegal.

      Forced Freedom Reply:

      IT IS! Read the original 13th Ammendment!

    22. Max Power Says:

      Those knuckleheads at the fed always up to no good

    23. Rob Says:

      Our FOUNDING FATHERS would not have paid 1 red cent to these fascist bankers and their pure race state called Israel. Yes every FEDERAL RESERVE CHAIRMAN has been a JEW since I have been alive.

      Taxation without representation?? Why do you cowards pay taxes?

      Anyone who pays US taxes should be held as a war criminal and put to death for the crimes this country commits with the money YOU give them to commit these crimes.

      Americans are like little BABIES who cannot stand up to their fascist Zionist controlled Gov.

    24. colt beavers Says:

      Federal Reserve…no more federal than federal express.

    25. FoolmeonceCANgetfooledagain Says:

      To Rob about the founding fathers. That is why America is finished. It cant be saved, not in any way relevant to its founding. The only America left is a landmass of untapped slaves. So thats what they will be soon enough. And it will be deserved. The misery sowed will be reaped. Or to use another expression swings and roundabouts. The new kid on the block gave it a good run, even had a promising start. But hes done. Its over. Its a gangster govt. I have no doubt American tech secrets in weaponry have never been so easy for the Russians and Chinese to get. I doubt spies are even needed anymore just a really PHAT GREASY offer of some profit. Greed. That is what America stands for, is, and will be till its death rattle is celebrated globally. I’ll be at the front of that cheering crowd if it happens in my lifetime. Its kind of sad. Like the old grandad with senile dementia who still thinks the 2nd world war is going. And in a way he’d be right. The Nazis didnt lose they just moved house.

    26. Tweakpiece Says:

      Better stock up an ammo, water, and canned goods people, because as already mentioned above this is only theater to detract from the legalization of a new monetary system.

      And really what’s the big fucking deal? I don’t see any riots, protests, or taking back what’s ours.

      I guess the only time you people will actually do anything is if they take your Chicken McNuggets, internet connection, G3 Iphones, and Playstations away from you.

      That’s all you really care about anyway.

    27. Blade Says:

      it isn’t subject to FOIA because it is a private corporation, not a part of the government.

    28. Ron Says:

      Lets get rid of the FED and Washington’s national debt.

      More Americans Are Saying No to the FED & the National Debt!
      Washington has bailed out the banks, Wall Street & their Washington special interests and much of the cost is added to the national debt to by paid by this and future generations while real estate and investments continue to fall. Find out what a growing repudiate the debt movement could mean for treasuries, the dollar, gold and the stock market.
      The Campaign to Cancel the Washington National Debt By 12/22/2013 Constitutional Amendment is starting now in the U.S. See: http://www.facebook.com/group......amp;ref=ts

    29. Lookee at the Suckers Says:

      Come on how can the useless control freaks live off the back of others with out their
      sold out Treasuries. Jeez they might have to do that Janitor thing at the White House.
      Keep the suckers in debt shackles then the Debt Plantation can keep going and Massa will have his freedom.

    30. Lookee at the Suckers Says:

      Look how Morgenthau jerked all te farmers and regular people around then low and behold
      the whole world went from Depression to more money for War then you could shake a stick out. Nice real nice and oh la la the War Profits and the Mansions and the Yachts and the
      dead Christian Soldiers and the bombing of the German Art city and 500,000 dead civilians
      and the War Profits and the debt and the murders and the GM/ Opel war connection. yea
      same old thieves and their spawn still in control. Yawn

    31. cpg Says:

      here’s something the army can do that would be useful. they could send their troops to lock down the federal reserve building in new york. getting everyone out of the building and securing it until a thourough investingation and audit of their records can be preformed. while they are at it they could also do this at the F.D.A. and monsanto.. but wait. they don’t work for us. nevermind.

    32. hungry for meat Says:

      Lots of cheap talk yet no bodies , hhhmmm, a nation of COWARDS? Apparently……

    33. pistol pete Says:

      No bank can turn a profit unless people BORROW money(CREDIT) , use credit cards and carry a balance. Move your banking needs to small local banks, most of which are solvent and will continue to be solvent.
      It is not the end of the world here.
      No-one is stealing your money,there is no money, it is a book entry only. What they are stealing is your time,your labor,your future,your ability to create wealth. With wealth the bankers are dealt out of the game.
      Don’t let the bank break you,you break the bank.

      Armand Herpe Reply:

      Great Point.

    34. wha Says:

      This just means the are Above The Law. US law that is.

      pistol pete Reply:

      Very few of them broke any laws.It is your congress creatures that seem to think they are above the law.

    35. JEH Says:

      Does anyone need anymore proof that the bank “bailout” is a scam from the word go?
      Let the big banks fall, we don’t need more economic terrorism.

    36. Armand Herpe Says:

      It Should be clear by now to those who are awake That The Federal Reserve is a Privately owned Corporation that controls the Money and credit of The Nation and answers to no one.it is NOT part of the Federal Government.The Fed is 85 yrs old since That Time America has Experienced Economic Cycles of Boom and Bust and a soaring National Debt all caused by The Fed’s Policy of Contracting and Expanding The Nations Money supply.

      Increasing Govt Spending,Raising and lowering taxes is only treating the symptom of the problem.The Problem is the Fed and it must be ABOLISHED.we must go back to Constitutional interest free money back by Gold and Silver.a good Example is JFK’S June,1963 Executive order 11110.which Authorized The printing of U.S Notes back by Silver bypassing The Feds Debt Base Fiat currency.


    English flagItalian flagKorean flagChinese (Simplified) flagChinese (Traditional) flagPortuguese flagGerman flagFrench flagSpanish flagJapanese flagArabic flagRussian flagGreek flagDutch flagBulgarian flagCzech flagCroat flagDanish flagFinnish flagHindi flagPolish flagRumanian flagSwedish flagNorwegian flagCatalan flagFilipino flagHebrew flagIndonesian flagLatvian flagLithuanian flagSerbian flagSlovak flagSlovenian flagUkrainian flagVietnamese flag
    By N2H