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$16,000,000,000,000.00 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.
But some here will still go on worshipping the Wall Street Banksters, as well as the Bankster Politicians in DC.
Banksters own our government:
In regards to regulating derivatives in 1994, well before we got into deep do do, the banksters told Summers who is boss.
Quote:
"I walk into Brooksley's office one day; the blood has drained from her face," says Michael Greenberger, a former top official at the CFTC who worked closely with Born. "She's hanging up the telephone; she says to me: 'That was [former Assistant Treasury Secretary] Larry Summers. He says, "You're going to cause the worst financial crisis since the end of World War II."... [He says he has] 13 bankers in his office who informed him of this. Stop, right away. No more.'"
Senator Bernie Sanders was all over this during his 2010 filibuster. It is amazing how so many on the right are freaking out when someone urinates in the bushes at OWS, but this goes largely ignored.
Every administration since Wilson. The Fed is a robbing machine just in its concept. It allows the 1% to control the rest of the population. Unfortunately the problem doesn't have a face, or a D or R next to its name, so the public will probably not identify the true problem.
Quote: What was revealed in the audit was startling:
"$16,000,000,000,000.00 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."
So they found out about only part of it so far?
I'm sure there's more than that hidden, especially when you go back to the beginning.
That would make $16 trillion but a pebble in the pond.
Hold on here! You mean only democrats, I hope. Because the republicans are on your side, but I bet you already knew that!
Nope, She knew and posted exactly the truth... EVERY president from both parties.... Except as another poster said which is also true, it goes back to Wilson.... We are not too far from reaping the whirlwind.
That's how we've taken over about 2 dozen countries. Get them in debt and when they can't pay that debt back take over industry and resources. That's your American Dream..
That's how we've taken over about 2 dozen countries. Get them in debt and when they can't pay that debt back take over industry and resources. That's your American Dream..
Yea, isn't it grand.
The American Dream has all been propaganda from the get go to keep the masses hypnotized. I'm not saying that there are not people that have not realized their dreams, in spite of the crooks running the show behind the curtains however.
Just that, they have been robbing us blind for their own gain, while preaching patriotism, and serving your country (them) as they rape a pillage other countries in their lust for more wealth and power.
No matter, they want escape the judgement that awaits them after death. No-one lives fore-ever.
Their get togethers at the Bohemian Grove, in order to absolve themselves of any guilt, via the "Cremation of Care" will not help them in the next life.
The membership list has included every Republican and some Democratic U.S. presidents since 1923, many cabinet officials, directors and CEOs of large corporations including major financial institutions. Major military contractors, oil companies, banks (including the Federal Reserve), utilities (including nuclear power) and national media (broadcast and print) have high-ranking officials as club members or guests.[10]
Party it up boys, because it won't last forever before you get your just deserts.
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