Since Bloomberg has a habit of changing or losing part of the text in their articles after they get “the call”, I’ll just quote the relevant text from the article here:

The e-mails show that the Fed “engaged in a cover-up and deliberately hid concerns and pertinent details regarding the (B of A - Merrill) merger from other Federal Regulatory agencies.”

This is the agency that your President, your SEC Chairman and Cheif Economic Advisor want to “give more power to” in order to regulate systemic risk — the same agency set up by the economic royalists to help complete their global banking cartel to hold countries hostage with their power to issue currency and control interest rates.

And the beauty of this is that every politico and alt-blogger knows this. Half the world knows this by now, and here is their dirty work in print again. C’mon guys, if your gonna rape, pillage and steal from taxpayers and shareholders, at least do a better job of “acting” like you have the public’s best interests at heart.

Here’s a copy of the FOMC statement that actually should have come out yesterday.

Why worry about regulating systemic risk when you can “cover it up” ?
That’s what we’ve been doing, and it’s worked pretty well so far, so why not put the Cover-up Crew in charge?

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