The Federal Reserve’s Inspector General Hasn’t Inspected a Thing

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The Inspector General for the Fed’s Board of Governors, Elizabeth A. Coleman, explains her role at the Fed, and what she has done, as congressman Alan Grayson questions her. Kudos to a Democrat for keeping on the subject of “what has the Fed done with the money?” Salon’s Glenn Greenwald interviewed him on this back in January. Grayson has many statist faults, but we’ll take his occasional troublemaking with the Fed. By the way, Coleman’s background is government, government, and more government. She went from the Government Accountability Office to the OIG (Office of Inspector General). She also attended the Federal Reserve System’s Trailblazers Leadership Conference. That explains her career.

5:29 am on July 10, 2009