Naomi Klein and Amy Goodman grill the former FED chairman, this is unprecedented (ie Greenspan having to answer real questions from people who know what to ask), very funny at times:
AMY GOODMAN: "Well, they are talking about, in one day, for example, the East Rutherford operation center of the Federal Reserve Bank of New York, 100 Orchard Street in East Rutherford, a tractor-trailer truck pulling up, and though accustomed to receiving and shipping large quantities of cash, the vault had never before processed a single order of this magnitude: $2.4 billion in $100 bills. But ultimately, again, $9 billion of $12 billion gone missing in Iraq."
ALAN GREENSPAN: "I am not familiar with any such evidence. And it was certainly not brought to my attention. I, frankly, find it very unlikely that those orders of magnitude were involved in any of the numbers that we were dealing with."
NAOMI KLEIN: "Well, I would just add that it's quite surprising, actually, that Mr. Greenspan is unaware of this scandal around Iraq's missing billions, because Paul Bremer had to testify before Congress and was asked directly about those missing billions. It's been the subject of very high-level investigations."
The biggest bank heist in history: the money spigot ran between the vaults of the NY FED and the Green Zone and from there to the Bahamas. I think the American people should demand criminal investigation into this. I can't believe the head of the FED did not know about these shipments how come he didn't follow the money as required by current accounting laws?!
Tags: Alan Greenspan Amy Goodman Naomi Klein iraq missing billions FED libertarian republican