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Paper Money illusion.

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posted on Apr, 27 2011 @ 12:39 AM
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...Did you know this? I,didn't,this is what Our government is doing with our money.


Now, following an act of Congress that has forced the Fed to open its books from the bailout era, this unofficial budget is for the first time becoming at least partially a matter of public record. Staffers in the Senate and the House, whose queries about Fed spending have been rebuffed for nearly a century, are now poring over 21,000 transactions and discovering a host of outrages and lunacies in the “other” budget. It is as though someone sat down and made a list of every individual on earth who actually did not need emergency financial assistance from the United States government, and then handed them the keys to the public treasure. The Fed sent billions in bailout aid to banks in places like Mexico, Bahrain and Bavaria, billions more to a spate of Japanese car companies, more than $2 trillion in loans each to Citigroup and Morgan Stanley, and billions more to a string of lesser millionaires and billionaires with Cayman Islands addresses. “Our jaws are literally dropping as we’re reading this,” says Warren Gunnels, an aide to Sen. Bernie Sanders of Vermont. “Every one of these transactions is outrageous.”



America has two national budgets, one official, one unofficial. The official budget is public record and hotly debated: Money comes in as taxes and goes out as jet fighters, DEA agents, wheat subsidies and Medicare, plus pensions and bennies for that great untamed socialist menace called a unionized public-sector workforce that Republicans are always complaining about. According to popular legend, we’re broke and in so much debt that 40 years from now our granddaughters will still be hooking on weekends to pay the medical bills of this year’s retirees from the IRS, the SEC and the Department of Energy. Why Isn’t Wall Street in Jail? Most Americans know about that budget. What they don’t know is that there is another budget of roughly equal heft, traditionally maintained in complete secrecy. After the financial crash of 2008, it grew to monstrous dimensions, as the government attempted to unfreeze the credit markets by handing out trillions to banks and hedge funds. And thanks to a whole galaxy of obscure, acronym-laden bailout programs, it eventually rivaled the “official” budget in size — a huge roaring river of cash flowing out of the Federal Reserve to destinations neither chosen by the president nor reviewed by Congress, but instead handed out by fiat by unelected Fed officials using a seemingly nonsensical and apparently unknowable methodology. This article appears in the April 28, 2011 issue of Rolling Stone. The issue will be available on newsstands and in the online archive April 15.
.......................This is very upsetting,We are broke now,and they are filling their pockets.They keep making money and borrowing money.Please read this whole article,and think about who you vote for in 2012............




posted on Apr, 27 2011 @ 12:41 AM
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You actually should be happy that Congress is making this information available. From most of the posts on here I thought they were all bought and paid for or part of the NWO.

I guess the people can demand stuff from their representatives after all.



posted on Apr, 27 2011 @ 12:44 AM
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reply to post by kro32
 

Oh,I,am happy,I,found this,I,just didn't know all this was happening.We need to know where all the money is and where it is going.Its not in our pockets.



posted on Apr, 27 2011 @ 12:48 AM
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How can America be broke, After WW2 it has owned the world bank. Disinformation by those who are above the use of cash requires those who are compelled to use it, to believe in the manipulated value of a piece of paper so they can be manipulated by it. Remember the greatest threat to any ruler is their own people. Smart rulers always have a way to collapse the economy should the people challenge the authority...



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