Federal Reserve
From Encyclopedia Dramatica
| —The Inspector General of the Federal Reserve, Elizabeth Coleman, cannot inspect anything. |
 
| |
| Type | Regulatory Central Bank of the U.S.A. |
| Founded | 1913 |
| Location | Washington, D.C. |
| Key people | Ben Bernanke - Head Thief in Charge |
| Industry | Banking, Regulation of Banks |
| Products | 
|
| Website | The Fed |
The Federal Reserve is THE banking system of the United States formed in 1913 by the Federal Reserve Act. Recently, under orders from the President, they have "lost" 9 trillion dollars so you can be certain they are a government agency doing an exemplary job within the confines and constraints of their job description.
Just for context, this is what a trillion dollars looks like. Remember, The Federal Reserve has lost 9 of these.
For Further Study
- What does a TRILLION dollars look like?
- The Fed cannot account for 9 trillion.
- The Federal Reserve apparently can't account for $9 trillion in off-balance sheet transactions.
- I am shocked to find out that nobody at the Federal Reserve is keeping track of anything.
- Bush did it.
- Obama did it.
