Thursday, July 28, 2011

Federal Reserve criminals gave 16 Trillion of your dollars to their buddies

Federal Reserve gives 16 Trillion of your money to their bankster buddies.

PASS THIS TO EVERYONE This is the hardest hitting article I have seen to date on the criminals at the Federal Reserve. The author is unknown.
The first ever GAO (Government Accountability Office) audit of the Federal Reserve was carried out in the past few months due to the Ron Paul, Alan Grayson Amendment to the Dodd-Frank bill, which passed last year. Jim DeMint, a Republican Senator, and Bernie Sanders, an independent Senator, led the charge for a Federal Reserve audit in the Senate, but watered down the original language of the house bill (HR1207), so that a complete audit would not be carried out. Ben Bernanke (pictured to the left), Alan Greenspan, and various other bankers vehemently opposed the audit and lied to Congress about the effects an audit would have on markets. Nevertheless, the results of the first audit in the Federal Reserve's nearly 100 year history were posted on Senator Sander's webpage earlier this morning.

What was revealed in the audit was startling: $16,000,000,000,000.00 (TRILLION) had been secretly given out to US banks and corporations and foreign banks everywhere from France to Scotland. From the period between December 2007 and June 2010, the Federal Reserve had secretly bailed out many of the world's banks, corporations, and governments. The Federal Reserve likes to refer to these secret bailouts as an all-inclusive loan program, but virtually none of the money has been returned and it was loaned out at 0% interest. Why the Federal Reserve had never been public about this or even informed the United States Congress about the $16 trillion dollar bailout is obvious the American public would have been outraged to find out that the Federal Reserve bailed out foreign banks while Americans were struggling to find jobs.

Read the entire article and see the list of who got it here: http://www.lincolncountywatch.org/16trillion.htm

2 comments:

  1. This article is silly. Everyone knows that the FED is not a federal institution of America. It is a private consortium of bankers throughout the world ie Rothchilds etc. The US really has no control over them. Our government gave them our Treasury's job and they reap billions and trillions of dollars and set this country's financial policies. They have created every financial crisis that American has faced. Congress should fire the FED and give the Treasury back it' job and responsiblities.

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  2. this is too absurd to be true; how can you argue though when the proof is on a gov. investigation?

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