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Re: $16,000,000,000,000.00 had been secretly given out to US banks and corporations and foreign banks
G. Morgan <sealteam6@xxxxxxxxxxxxxxxxx> wrote in
news:95ed48p68hign8he2ov302tk2lonj9l60j@xxxxxxxxxxxxxxxxx:
> Unreal:
>
> "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 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 â?? 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."
>
> More...
> http://beforeitsnews.com/economy/2012/09/first-audit-in-the-federal-
> reserves-nearly-100-year-history-were-posted-today-the-results-are-
> startling-2449770.html
>
>
> Report (.pdf 3M 250 pages)
> http://www.sanders.senate.gov/imo/media/doc/GAO%20Fed%
> 20Investigation.pdf
Graham are you posting to the right group? Seems a bit off topic.
Jax
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Bear Bottoms
http://bearware.info
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