Which foreign nations got 0.5 trillion USD?

[nmap]

Alan Grayson: "Which Foreigners Got the Fed's $500,000,000,000?" Bernanke: "I Don't Know."

The link is to a 5 minute 11 second video showing questioning of Fed Chairman Bernanke. It seems he does not know which foreign central bank received half-a-trillion dollars from the Federal Reserve.

Rhetorical Question: What happens if a foreign central bank cannot pay the Fed back?

Snarky comment: Such a deal!

LINK

[Richard]

It seems he does not know which foreign central bank received half-a-trillion dollars from the Federal Reserve.

I think a better analysis would not be which bank - but which banks - as I would surmise the loans in question involve either most or all of the world's central banking systems.

Rhetorical Question: What happens if a foreign central bank cannot pay the Fed back?

Ask the WMF what happened when Brazil could not meet her repayment schedule and its impact on the EU.

It's a faith based system - and - OBTW - which nation has the reputation of historically being the lone wolf in meeting its financial obligations - a rhetorical question.

Is it the fishing season already...or is this just another question of faith?

Richard's $.02

[ZonieDiver]

It seems to me that Rep. Grayson will find he has very well-funded primary opposition for his next election campaign, and if he survives the Dem primary, he will face a very well-funded Rep. opponent.

He asks questions a lot of people don't only not want answered - they don't want them asked!