Bloomberg: Fed Pledges Exceed $7.4 Trillion to Ease Frozen Company Credit [Popular on Digg]
Submitted by RonPaulR3VOLUTI... on Mon, 11/24/2008 - 02:19
Fed Pledges Exceed $7.4 Trillion to Ease Frozen Company Credit
Nov. 24 (Bloomberg) -- The U.S. government is prepared to lend more than $7.4 trillion on behalf of American taxpayers, or half the value of everything produced in the nation last year, to rescue the financial system since the credit markets seized up 15 months ago.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aDqw8_eM...
http://www.tickerforum.org/cgi-ticker/akcs-www?post=72774
http://digg.com/business_finance/WTF_Fed_Pledges_Exceed_7_4_...
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"An error does not become truth by reason of multiplied propagation, nor does truth become error because nobody sees it. Truth stands, even if there be no public support. It is self sustained." -Mahatma Gandhi
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"...a nation that is afraid to let its people judge the truth and falsehood in an open market is a nation that is afraid of its people." -John F. Kennedy
They're running the country like Enron!
The question is—who will be the scapegoat when the economy and the dollar finally implode altogether?
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"An error does not become truth by reason of multiplied propagation, nor does truth become error because nobody sees it. Truth stands, even if there be no public support. It is self sustained." -Mahatma Gandhi
----
"...a nation that is afraid to let its people judge the truth and falsehood in an open market is a nation that is afraid of its people." -John F. Kennedy
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117 diggs
Totally Unbelievable
Now is the time to JUMP-START the campaigns for 2010 and 2012.
We didn't lose. The ignorant lost. We know what has happened. Personally I think John McCain Has been used as a patsy. To bring about an Obama administration.
***********Ron Paul for POTUS 2012***********
*************Obama Is A Communist!************
**********Repeal the 17th Amendment**********
Double the size of the House of Representatives
$$$$$$$$$AUDIT THE FEDERAL RESERVE$$$$$$$$$$