deception and abuse at the fed henry b gonzalez battles alan greenspan s bank

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Deception And Abuse At The Fed

Author : Robert D. Auerbach
ISBN : 9780292782808
Genre : Political Science
File Size : 87. 23 MB
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The Federal Reserve—the central bank of the United States—is the most powerful peacetime bureaucracy in the federal government. Under the chairmanship of Alan Greenspan (1987-2006), the Fed achieved near mythical status for its part in managing the economy, and Greenspan was lauded as a genius. Few seemed to notice or care that Fed officials operated secretly with almost no public accountability. There was a courageous exception to this lack of oversight, however: Henry B. Gonzalez (D-TX)—chairman of the U.S. House of Representatives Financial Services (banking) Committee. In Deception and Abuse at the Fed, Robert Auerbach, a former banking committee investigator, recounts major instances of Fed mismanagement and abuse of power that were exposed by Rep. Gonzalez, including: Blocking Congress and the public from holding powerful Fed officials accountable by falsely declaring—for 17 years—it had no transcripts of its meetings; Manipulating the stock and bond markets in 1994 under cover of a preemptive strike against inflation; Allowing $5.5 billion to be sent to Saddam Hussein from a small Atlanta branch of a foreign bank—the result of faulty bank examination practices by the Fed; Stonewalling Congressional investigations and misleading the Washington Post about the $6,300 found on the Watergate burglars. Auerbach provides documentation of these and other abuses at the Fed, which confirms Rep. Gonzalez's belief that no government agency should be allowed to operate with the secrecy and independence in which the Federal Reserve has shrouded itself. Auerbach concludes with recommendations for specific, broad-ranging reforms that will make the Fed accountable to the government and the people of the United States.

Symposium Issue

Author : Chapman University. School of Law
ISBN : STANFORD:36105063786425
Genre : Political Science
File Size : 33. 31 MB
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Choice

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ISBN : UCSC:32106017987774
Genre : Best books
File Size : 38. 4 MB
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H R 1207 The Federal Reserve Transparency Act Of 2009

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ISBN : UOM:39015090417901
Genre : Administrative agencies
File Size : 74. 36 MB
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Henry B Gonzalez

Author : Brenda Haugen
ISBN : 075651858X
Genre : Juvenile Nonfiction
File Size : 81. 34 MB
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Presents the life and accomplishments of the Texas Congressman who worked hard to fight homelessness, clean up the savings and loan industry, and hold presidents accountable for their actions.

Geldmoord

Author : Edin Mujagic
ISBN : 9789460035869
Genre : Business & Economics
File Size : 55. 62 MB
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Dat het leven elk jaar duurder wordt, is voor ons net zo vanzelfsprekend als het feit dat de zon elke ochtend opkomt in het oosten. Maar dat de prijzen almaar stijgen, is een gegeven van de afgelopen eeuw. In alle eeuwen daarvoor zag de economie er heel anders uit. Wat in 1450 een gulden kostte, was honderden jaren later nog nagenoeg even duur. Van inflatie was geen sprake. Als de prijzen tijdelijk omhoog gingen, daalden ze daarna weer even hard. De koopkracht veranderde nauwelijks. Dat veranderde drastisch rond 1900. Toen begonnen de prijzen ongekend hard te stijgen. De sporadische prijsdaling die nog voorkwam, was miniem, en dat gold niet alleen voor Nederland, dat gold voor de hele wereld. Wat is er een eeuw geleden gebeurd waardoor alles sindsdien elk jaar duurder wordt? Op basis van historische gegevens, cijfers over prijsontwikkeling en economische analyse toont Edin Mujagic onomwonden aan dat de geboorte van de centrale banken de doodsteek is geweest voor de waarde van ons geld. Niet alleen holden deze banken de afgelopen eeuw de koopkracht van ons geld uit - een proces dat nog altijd doorgaat, de laatste tijd zelfs harder dan ooit, maar daardoor riepen ze ook ander onheil over ons af, waaronder de huidige economische crisis. Econoom Mujagic laat niet alleen overtuigend zien wat de (systematisch onderschatte) rol van de centrale banken in de wereldeconomie is geweest, hij waarschuwt ook voor de wereld van morgen.

Books In Print 2009 2010

Author :
ISBN : 0835250199
Genre : Publishers' catalogs
File Size : 79. 57 MB
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Constitutional Faith

Author : Sanford Levinson
ISBN : 9780691152400
Genre : History
File Size : 72. 51 MB
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"The book is intended to make clearer the ambiguities of "constitutional faith," i.e. wholehearted attachment to the Constitution as the center of one's (and ultimately the nation's) political life."--The introduction.

The Man Who Knew

Author : Sebastian Mallaby
ISBN : 9781408855799
Genre : Biography & Autobiography
File Size : 60. 4 MB
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WINNER OF THE 2016 FT & McKINSEY BUSINESS BOOK OF THE YEAR AWARD, this is the biography of one of the titans of financial history over the last fifty years. Born in 1926, Alan Greenspan was raised in Manhattan by a single mother and immigrant grandparents during the Great Depression but by quiet force of intellect, rose to become a global financial 'maestro'. Appointed by Ronald Reagan to Chairman of the Federal Reserve, a post he held for eighteen years, he presided over an unprecedented period of stability and low inflation, was revered by economists, adored by investors and consulted by leaders from Beijing to Frankfurt. Both data-hound and eligible society bachelor, Greenspan was a man of contradictions. His great success was to prove the very idea he, an advocate of the Gold standard, doubted: that the discretionary judgements of a money-printing central bank could stabilise an economy. He resigned in 2006, having overseen tumultuous changes in the world's most powerful economy. Yet when the great crash happened only two years later many blamed him, even though he had warned early on of irrational exuberance in the market place. Sebastian Mallaby brilliantly shows the subtlety and complexity of Alan Greenspan's legacy. Full of beautifully rendered high-octane political infighting, hard hitting dialogue and stories, The Man Who Knew is superbly researched, enormously gripping and the story of the making of modern finance.

Secrets Of The Temple

Author : William Greider
ISBN : 9780671675561
Genre : Business & Economics
File Size : 55. 35 MB
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Reveals how the Federal Reserve under Paul Volcker engineered changes in America's economy

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