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Did They Tell You The $700 Billion Bailout Is Really $7 Trillion?

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posted on Oct, 2 2008 @ 12:34 AM
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DID THEY TELL YOU THE $700 BILLION BAILOUT IS REALLY $7 TRILLION?


topsecretmoneylab.com

Nice, eh?
We give them the money.
They multiply it by 10 and start loaning.
They add the entire seven trillion to the national debt plus interest so that we have to pay them 10 times what WE LOANED THEM in the first place.
Not to mention the fact that the people or business that borrowed part of the seven trillion have to pay back as well. Which means that they double their entire seven trillion.
And when the seven trillion dilutes the money supply and inflation soars sky high, they will have mo
(visit the link for the full news article)

edited to fix all caps in headline

[edit on 10/2/08 by redhatty]

[edit on 10/2/08 by redhatty]




posted on Oct, 2 2008 @ 12:34 AM
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So besides the hi jinx used to stomp on the constitutional legislative process, beside the garbage the talking heads have been feeding us, besides the fear mongering, this is the real depth of the theft of our future, our children's future and many generations to come.

Fractional reserve banking $1=$10 to loan out

$700 Billion dollars means $7 TRILLION to loan out

Hyperinflation is here folks. You thought $5 a gallon for gas was ridiculous? Wait until it's $12 a gallon

topsecretmoneylab.com
(visit the link for the full news article)



posted on Oct, 2 2008 @ 12:41 AM
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Great article. This is a very simplistic explanation of how the FED works.

Tack this on to the $630 billion they dumped into the global economy and the $1 trillion defense bill also passed and one can see that they are on quite the roll. Unreal.



posted on Oct, 2 2008 @ 12:45 AM
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It's much more than that actually. They are doing much more than 1 in 10... in Europe, they admit doing around 50 to 1. The real numbers? Probably in the hundreds times over.

It doesn't add up to the federal debt, but yeah it creates another bubble and at the same time, inflation.



posted on Oct, 2 2008 @ 01:29 AM
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It might as well be 7 quadrillion gigabillion trillion dollars and 32 cents!


These bastards have completely hijacked our country.



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