$16 trillion is the amount of the entire US debt to date. Even Forbes is shocked at the numbers revealed by Ron Paul's and Bernie Sander's partial audit of the Fed, passed last year. It's no secret that trillions are moving to offshore, and the Pentagon is war-gaming economic chaos and martial law (CNBC video below.) When gangs are breaking in house to house looking for food, they don't much care if you shoot them. They are already starving. Because people listened to these disinfo trolls who drilled into you that Ron Paul is a "kook."
When the time comes, those trolls will be nowhere to be found, bet your bottom dollar.
The Fed's $16 Trillion Bailouts Under-reported
Tracey Greenstein, Contributor
The media’s inscrutable brush-off of the Government Accounting Office’s recently released audit of the Federal Reserve has raised many questions about the Fed’s goings-on since the financial crisis began in 2008.
The audit of the Fed’s emergency lending programs was scarcely reported by mainstream media – albeit the results are undoubtedly newsworthy. It is the first audit of the Fed in United States history since its beginnings in 1913. The findings verify that over $16 trillion was allocated to corporations and banks internationally, purportedly for “financial assistance” during and after the 2008 fiscal crisis.
Sen. Bernie Sanders (I-VT) amended the Wall Street Reform law to audit the Fed, pushing the GAO to step in and take a look around. Upon hearing the announcement that the first-ever audit would take place in July, the media was bowled over and nearly every broadcast network and newspaper covered the story. However, the audit’s findings were almost completely overlooked, even with a number as high as $16 trillion staring all of us in the face.
Sanders press release, dated July 21st, stated:
“No agency of the United States government should be allowed to bailout a foreign bank or corporation without the direct approval of Congress and the president.”
The report serves as a clear testimony of the Fed’s emergency action plan to bailout foreign corporations and banks in a time of crisis, but the GAO report does not berate the Fed; rather, it provides a lucid explanation of where the money was allocated and why.
According to The Washington Post, “The GAO report did not condemn the Fed’s actions, it simply illuminated them. The GAO also recommended that the Fed make clearer and more rigorous its policies for hiring independent contractors to manage investment programs.”
A wider investigation of the Fed is due on October 18th, which will provide more thorough details. The GAO report said that the Fed issued “conflict of interest waivers to employees and private contractors so they could keep investments in the same financial institutions and corporations that were given emergency loans.” The audit will inspect the “conflicts of interest” and the inner-workings of the Fed’s emergency-lending programs.
For Sanders, one thing is clear: “The Federal Reserve must be reformed to serve the needs of working families, not just CEOs on Wall Street.”
09-05-2012, 01:13 PM #1
The Rats are Taking Whats Left & Jumping Ship. Forbes: $16 Trillion More in Bail-outs
09-05-2012, 01:15 PM #2
“I am ashamed to think how easily we capitulate to badges and names, to large societies and dead institutions.” -Emerson
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"If one day the speed kills me, do not cry because I was smiling" -Paul Walker
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09-05-2012, 01:23 PM #3
Dated 9/20/2011 @ 1:26PM |28,459 views ..
Welcome to yester YEAR. LOL
IT has been poked and looked over. What happened between "9/20/2011 @ 1:26PM |28,459 views " and today? Don't tell me no one else has noticed this article, until our great VOODOO came along...^pretending to be an independent, third party, libertarian crew^
"When misguided public opinion honors what is despicable and despises what is honorable, punishes virtue and rewards vice, encourages what is harmful and discourages what is useful, applauds falsehood and smothers truth under indifference or insult, a nation turns its back on progress and can be restored only by the terrible lessons of catastrophe." … Frederic Bastiat
09-05-2012, 01:34 PM #4
09-05-2012, 01:35 PM #5
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09-05-2012, 01:59 PM #6
Now what would be the reason for that? You need people quiet and fat and happy watching Idol while you are making your escape.
Maybe I'm wrong. I'm betting if it happens, YOU in particular, whoever you are, will be nowhere to be found. Your job will be done.
09-05-2012, 05:22 PM #7
09-05-2012, 07:11 PM #8
09-05-2012, 08:02 PM #9
My guess is that this is a manufactured threat from an alex jones disciple. There is a definite group of people that make it their mission to feed the CT crowd. They are really heavy in facebook. I'm pretty sure you could start a war with photoshop and windows movie maker
09-05-2012, 10:43 PM #10
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LOL Your Federal reserve bank that is privately owned bails out foreign nations racking up $16 Trillion in debt and people are still saying "hey hey no fear mongering, im sure theres a reasonable explanation for all this"
I swear some people will sit in a death camp and say its for their own good and the government is looking after the interests of its people*Misc Zombie Response Team*
Very angry man
I rep back just ask
I neg back if unreasonable
09-06-2012, 03:02 AM #11
wake up ppl this sh i t is real, it's happenning and America is case in study unfolding in fronty of you'r eyes. When the vault is empty, and the fiat system collapses and there is nothing more to steal becouse the credit based economy has fallen off the J-curve. They will rip the table cloth from the table, band the dishes and cutlery will go with it.... and the table.
all you doubter's keep thinking it is too incredible to be true, and the government is still for the people...
Money talks, it's all that matters... and when the fiat money system collapses (which is inneviatable in the a growth based economy that prints fiat $$$) they won't give a fcuk about you or what's on you're table.
The can is being kicked down the road, the cow has been picked up by its hoofs and is being shook for the last penny's. Then down it comes. With the dollar.
Last edited by lifethirst; 09-06-2012 at 03:13 AM.'Did you Know'..you can use old motor oil to fertilize your garden?
What would Tyler Durton do?
"The best activities for your health are pumping and humping." .......... Arnold Schwarzenegger
3 mnth goals (SS @3-5RP) novice>>>intermediate
242 >>>>> D L>>>> 320
180 >>>>> SQ >>>> 255
220 >>>>> BP >>>>> 265
110 >>>>> PR >>>>> 160
09-06-2012, 05:42 AM #12
09-13-2012, 08:16 PM #13
Federal Bureau of Investigation Memo [PDF]
If you’ve been preparing for emergencies, disasters, or economic collapse there’s a strong likelihood that you’ve been added to a watch list somewhere.
Hard to believe?
The latest Communities Against Terrorism guidelines distributed by the FBI to military surplus stores in the state of Colorado outline specific activities that owners and retail associates should look for when trying to spot terrorist related activity. Much of the suspicious activity listed describes the behavior and shopping list of any modern day prepper:
What should I consider suspicious?
People or groups who:
Provide identification that is inconsistent or suspect or demand identity “privacy”
Insist on paying with cash or uses credit card(s) in different names
Make suspicious comments regarding anti-US, radical theology, vague or cryptic warnings that suggests or appear to endorse the use of violence in support of a cause
Demonstrate interest in uses that do not seem consistent with the intended use of the item being purchased
Possess little knowledge of intended purchase items
Make bulk purchases of items to include:
-Weatherproofed ammunition or match containers
-Meals Ready to Eat
-Night Vision Devices; night flashlights; gas masks
-High capacity magazines
-Bi-pods or tri-pods for rifles
View the entire Federal Bureau of Investigation Memo [PDF]
09-15-2012, 03:09 PM #14
"Limbaugh Predicts 'Economic Collapse' If Obama Re-elected" http://nation.foxnews.com/economic-c...ama-re-elected
09-19-2012, 01:42 PM #15
09-19-2012, 01:46 PM #16
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09-19-2012, 01:57 PM #17
09-29-2012, 04:18 PM #18
"Will Israel Hack The US Banking System & Falsely Blame It On Iran? (Video)"
10-03-2012, 10:45 PM #19