$16 TRILLION IN SECRET BAILOUTS

The first ever GAO (Government Accountability Office) audit of The FED was released Sunday, July 24 revealing $16 TRILLION IN SECRET BAILOUTS
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.

The first ever GAO(Government Accountability Office) audit of the 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, 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 early Sunday morning (July 24)

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.

MORE HERE 

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Comment by LYNN SHEDLER on July 25, 2011 at 11:29pm
How  do  we  know  you  have  the  true  facts,  HENRY,  because  you  could  be  pulling  numbers  out  of  the  air  also.  However,  lets   see  what  you  can  come  up  with.
Comment by godo on July 25, 2011 at 6:59am

It is a spectacular stupidity not to recognise why they are falling deeper into debt. It is so

obvious, even to secondary school children, that those people spend so much without producing any wealth at all but only to act as if what they are doing is necessary or important for people

who never dream to take so much to waste so much? 

 

Whole lot of the serer cost of the EU(or-what-so-ever)-bureaucracy and decorative buildings

to be kept running piling up the debt? The pontificating wasteful expensive idle yet proud rule

makers the people never need to be ruled by steal so much of wealth without contributing to

the production of the wealth at all. Much a costly do in excuse of own monstrously expensive

bureaucratic existence? 

 

When do they come to sense to realise no one need what they are doing and THEY ARE the debt burden to the people, and stop what they are doing? Never? Until they stop waking up

another day?

Comment by godo on July 25, 2011 at 6:51am
As printing paper money or casting metal coins does not create any wealththat the issuing of money must not precede the factual presence of the wealthfor the money to represent. The wealth before the issuance of the money.It is obvious to 10 year old children?
Comment by godo on July 25, 2011 at 6:41am
Dear Friends,
Tips for the case it may become useful for your efforts for the reformation(evolution) of this Earth generation.
If you like to help ** bureaucracy to become free from the grip of bankers(money) you need to educate them a little. The simplest way is to describe to them "what the wealth is" and "what the money is".  With this ** bureaucracy I meant every governmental scroungers inclusive of military, security & police forces also justice department. They need to be remindedof the fact that they do not contribute to the production of the wealth atall but are to manage(distribute equally to every one) the wealth the Nature and good people's efforts produce.
(1) The wealth is what the Nature produces and provides for everyone, plus        honest good people's efforts to harvest it and make to things and bring       them available to everyone. The money is just a convenience to represent        the wealth which should be delivered to everyone equally. 
(2)  The money, for obvious reason, must be issued by the government for        the people of the place to represent the total wealth(productivity) of        the Nature and the people. Private money issuers or banks can never be        lawful entities as they never could produce any wealth to be represented        by the issued money or numbers in their banking system, as printing        paper money or casting metal coins neither typing numbers onto banking        or financial computing systems never produce any wealth so that they        never have right nor reason to claim the ownership of the wealth the        issued money supposed to represent.
       The money and numbers the private banks issued are the private banks        to be responsible of but not the people who have never given the consent        to the banks to issue the money for that people to be responsible. 
(3)  The Land and it's productivity never should be claimed as personal        property as they are of the Nature's Own which none of us can produce       nor grow any of it. One can plant seeds but never can produce nor grow        any bit of the vegetations nor of the minerals. "The Nature Exists and        Produces to Provides the everything with the Wish everyone to be happy        in sharing the everything in peace".  


With respect to your eternal life's chance,---godo-----------------------------------------------------------------The most positive thought: "Tempage"  by Otomakas"No one have to die. You are not suppose to die...", http://tenpage.pwp.blueyonder.co.uk/en/welcome.html
Comment by Troubleshoot1 on July 24, 2011 at 9:08pm
Mr. Spitzer discovered that some people do know what they are talking about, he checked. It saved his financial empire. He was going to help 14 groups, but found there was nothing left to help with. There BILLIONS were already gone, anyone checking  may also find that their Pension and Trust funds have been converted, the question is where did the assets go???
Comment by Troubleshoot1 on July 24, 2011 at 9:03pm
For those that actually look there is a great deal more and it is not some sort of theory, it comes from their own records. One day very soon a whole lot of people are going to see exactly how much is missing. As the Forensic Scientests of the World put it $ 2.2 Quadrillion, a whole new number, but that would require research to figure out how they did it. Never fear soon it will be front and center so all can see, then the question will be: What Now??? Just comparing this report to the daily "fights???" on the budget should yeild a hint something is not on the up and up. What will be most interesting is who the 256 people are that pulled it off todate!
Comment by LYNN SHEDLER on July 24, 2011 at 5:44pm

How  could  that  get  so  incrediblely  'out - of - controll.  That's  a  lot  of  money  'loaned'  out  to  which  the  United  States  will / may  never  see  again.  A  New  System  of  government  is  needed;

get  rid  of  the  old  &  bring  in  the  new.  I  could  write  more  but  I'm  discussed!! 

Comment by Quickening on July 24, 2011 at 5:09pm

This is old news to readers of Michael Rivero's WhatReallyHappened.com -

http://whatreallyhappened.com/WRHARTICLES/wildbankers.php

Comment by Spydaman13 on July 24, 2011 at 2:19pm
Man, I hope to be reading about this in the crappy MSM!

"Destroying the New World Order"

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