First Audit Results In The Federal Reserve’s Nearly 100 Year History Were Posted Today, They Are Startling!
Submitted by Marc S on Tue, 09/04/2012 - 13:39Great news for Ron Paul, this has to be his biggest achievement!
"$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."
http://beforeitsnews.com/economy/2012/09/first-audit-in-the-...
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Not to burst your bubble,
but this is old news. Like 14 month old news. Beforeitsnews? More like Afteritsnews. I cannot wait to see what comes of the full monetary audit. The audit from 07-10 will look like m grandmother's change purse in comparison to the full audit.
“When a well-packaged web of lies has been sold gradually to the masses over generations, the truth will seem utterly preposterous and its speaker a raving lunatic.” – Dresden James
this is old news. did something happen recently?
this came out last year...
Oh ok...
I knew the fed was partially audited, but thought these were updated figures. I wonder why this wasn't even bigger news back then? Well...judging from what happened at the RNC I guess it should be obvious to me now.