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Audit Reveals Federal Reserve Made $16 trillion in Secret Loans to Bankster Friends during the 2008

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posted on Jul, 27 2011 @ 08:14 AM
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The GAO Audit, which the Federal (which it isn't) Reserve (which it isn't) fought for so long, has revlealed collosal corruption and conflict of interests. According to this article, amongst other things it made $16 trillion in secret loans during the 2008 crisis.

www.infowars.com/the-federal-reserve-made-16-trillion-in-secret-loans-to-their-bankster-friends/

Snip


A one-time limited GAO audit of the Federal Reserve that was mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act has uncovered some eye-popping corruption at the Fed and the mainstream media is barely even covering it. It turns out that the Federal Reserve made $16.1 trillion in secret loans to their bankster friends during the financial crisis. You can read a copy of the GAO investigation for yourself right here. These loans only went to the “too big to fail” banks and to foreign financial institutions. Not a penny of these loans went to small banks or to ordinary Americans. Not only did the banksters get trillions in nearly interest-free loans, but the Fed actually paid them over 600 million dollars to help run the emergency lending program.



So, now we have evidence where all the money has gone.....gone to the private sector every one!

Money doesn't disappear into thin air. Accounts have to balance - even for the criminal elite. So the 2008 crisis was one more collossal scam to transfer collossal wealth from the public sector to the private banksters, to fund their exploitation, control and enslavement. of the populace.

THIS IS EVIDENCE THAT OUR TAXES ARE PROVIDING THE FUNDS FOR OUR OWN ENSLAVEMENT.




posted on Jul, 27 2011 @ 08:25 AM
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Henry Ford once said....



"It is well that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." -- Henry Ford


Here is another quote from a Senator....



"Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and manipulates the credit of the United States." -- Sen. Barry Goldwater (Rep. AZ)


You can find many more quotes about the Federal Reserve here....
www.barefootsworld.net...



posted on Jul, 27 2011 @ 08:26 AM
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Congress seems to be doing very well out of it too. Watch this short video: 'The Video Congress Does Not Want You To See'.

Government Gone Wild has done a tremendous job of exposing this.
governmentgonewild.org...


During this same time 39 Republicans saw their net worth increase over 150%, and 41 Democrats saw their net worth increase over 700%.

The total net worth of these 80 individuals increased by $151,550,660 between 2004-2008. ( See the list underneath the video.)





Here's 'The List Everyone Is Talking About'.
governmentgonewild.org...

"The List" of the Elite 80 : Skyrocketing Net Worth


.
Avg '04 Avg '08 Growth '04-'08 % Chg 2009 Net Worth



.


.
41 Democrats

.
Gutierrez, Luis V (D-Ill) $47,503 $1,790,508 $1,743,005 3,669 $2,358,005

.
Scott, David (D-Ga) $107,262 $3,008,001 $2,900,739 2,704 $3,758,001

.
Sanchez, Loretta (D-Calif) $196,505 $2,547,501 $2,350,996 1,196 $2,474,001

.
Sanchez, Linda (D-Calif) -$32,500 $342,500 $375,000 1,154 $751,010

.
Herseth Sandlin, Stephanie (D-SD) -$112,000 $1,152,510 $1,264,510 1,129 $1,332,853

.
Obama, Barack $300,002 $3,670,505 $3,370,503 1,124 $4,960,505

.
Feingold, Russ (D-Wis) $8,000 $83,501 $75,501 944 $83,001

.
Hinchey, Maurice (D-NY) $74,002 $727,509 $653,507 883 $743,508

.
Eshoo, Anna (D-Calif) -$385,996 $1,508,003 $1,893,999 491 $1,683,503

.
McGovern, James P (D-Mass) $474,002 $2,673,503 $2,199,501 464 $2,330,503

.
Cummings, Elijah E (D-Md) $175,000 $887,506 $712,506 407 $887,506

.
Harkin, Tom (D-Iowa) $2,647,019 $13,373,057 $10,726,038 405 $16,764,563

.
Conyers, John Jr (D-Mich) $1,501 $7,500 $5,999 400 $0

.
Faleomavaega, Eni F H (D-AS) $77,007 $338,505 $261,498 340 $48,004

.
Taylor, Gene (D-Miss) -$32,500 $75,000 $107,500 331 $32,500

.
Jackson Lee, Sheila (D-Texas) $159,005 $615,506 $456,501 287 $27,004

.
Costa, Jim (D-Calif) $851,003 $3,073,002 $2,221,999 261 $2,881,002

.
Wyden, Ron (D-Ore) $1,472,005 $4,817,513 $3,345,508 227 $6,246,019

.
Christian-Christensen, Donna (D-VI) $205,500 $625,501 $420,001 204 $518,000

.
Bordallo, Madeleine Z (D-Guam) $1,523,003 $4,565,002 $3,041,999 200 $4,916,003

.
Kanjorski, Paul E (D-Pa) $1,464,505 $4,356,505 $2,892,000 198 $4,356,505

.
Spratt, John M Jr (D-SC) $6,801,008 $19,543,006 $12,741,998 187 $22,443,507

.
Watson, Diane E (D-Calif) $48,501 $135,502 $87,001 179 $111,002

.
Towns, Edolphus (D-NY) -$269,497 $210,007 $479,504 178 $214,506

.
Dodd, Chris (D-Conn) $411,004 $1,139,508 $728,504 177 $1,498,509

.
Dicks, Norm (D-Wash) $261,504 $720,504 $459,000 176 $698,003

.
Berman, Howard L (D-Calif) $498,024 $1,367,020 $868,996 175 $1,082,547

.
Visclosky, Pete (D-Ind) $390,509 $1,064,511 $674,002 173 $1,107,012

.
Higgins, Brian M (D-NY) -$250,001 $170,505 $420,506 168 $170,505

.
Brown, Corrine (D-Fla) -$43,999 $28,001 $72,000 164 $3,501

.
Schakowsky, Jan (D-Ill) $71,008 $181,512 $110,504 156 $188,511

.
Boren, Dan (D-Okla) $591,502 $1,479,007 $887,505 150 $1,002,507

.
Stark, Pete (D-Calif) -$9,499,988 $4,295,508 $13,795,496 145 -$11,542,496

.
Miller, Brad (D-NC) -$462,997 $197,510 $660,507 143 $210,015

.
Clyburn, James E (D-SC) $165,504 $397,505 $232,001 140 $397,005

.
Israel, Steve (D-NY) -$104,000 $32,500 $136,500 131 $0

.
Kennedy, Patrick J (D-RI) $91,001 $207,501 $116,500 128 $18,107,502

.
Dorgan, Byron L (D-ND) $289,011 $633,517 $344,506 119 $765,019

.
Brady, Robert A (D-Pa) $799,005 $1,641,004 $841,999 105 $391,504

.
Ortiz, Solomon P (D-Texas) $773,003 $1,563,006 $790,003 102 $1,323,004

.
Kildee, Dale E (D-Mich) $239,503 $481,004 $241,501 101 $296,504

.


.
Totals for 41 Democrats $10,019,433 $85,726,776 $75,707,343 756% $95,620,163

.


.
Avg '04 Avg '08 Growth % Change 2009 Net Worth

.
39 Republicans

.
LaTourette, Steven C (R-Ohio) -$4,499 $590,502 $595,001 13,225 $790,502

.
Chambliss, Saxby (R-Ga) $16,001 $304,504 $288,503 1,803 $297,003

.
Putnam, Adam H (R-Fla) $724,510 $6,716,513 $5,992,003 1,754 $6,453,513

.
McMorris Rodgers, Cathy (R-Wash) $106,504 $1,423,013 $1,316,509 1,236 $1,330,509

.
Pence, Mike (R-Ind) $13,002 $158,007 $145,005 1,115 $90,007

.
Rohrabacher, Dana (R-Calif) $42,222 $463,504 $421,282 998 $342,499

.
Culberson, John (R-Texas) -$45,000 $337,501 $382,501 850 $337,501

.
Inglis, Bob (R-SC) $73,001 $571,513 $498,512 683 $448,002

.
Mack, Connie (R-Fla) -$242,000 $1,181,536 $1,423,536 588 $1,287,536

.
Davis, Geoff (R-Ky) -$19,995 $73,001 $92,996 465 $73,001

.
McConnell, Mitch (R-Ky) $3,072,514 $16,979,018 $13,906,504 453 $19,929,018

.
Wicker, Roger (R-Miss) $282,005 $1,526,508 $1,244,503 441 $660,513

.
Thornberry, Mac (R-Texas) $83,500 $391,001 $307,501 368 $391,001

.
Shadegg, John (R-Ariz) -$4,999 $12,501 $17,500 350 $12,501

.
Ros-Lehtinen, Ileana (R-Fla) $197,006 $874,005 $676,999 344 $957,504

.
Ensign, John (R-Nev) $1,041,795 $4,400,795 $3,359,000 322 $4,054,202

.
Diaz-Balart, Lincoln (R-Fla) $48,003 $172,005 $124,002 258 $155,504

.
Poe, Ted (R-Texas) $26,502 $88,504 $62,002 234 $112,505

.
Graham, Lindsey (R-SC) $262,510 $801,009 $538,499 205 $834,812

.
Myrick, Sue (R-NC) $107,501 $306,003 $198,502 185 $121,503

.
Sullivan, John (R-Okla) $65,001 $183,001 $118,000 182 $383,000

.
Blunt, Roy (R-Mo) $223,003 $601,509 $378,506 170 $765,009

.
Enzi, Mike (R-Wyo) $518,011 $1,394,535 $876,524 169 $1,692,536

.
Sessions, Pete (R-Texas) $894,526 $2,407,019 $1,512,493 169 $3,494,523

.
Barrett, Gresham (R-SC) $1,004,004 $2,635,520 $1,631,516 163 $2,536,518

.
Murkowski, Lisa (R-Alaska) $516,515 $1,344,019 $827,504 160 $1,366,020

.
Lucas, Frank D (R-Okla) $403,004 $1,022,502 $619,498 154 $1,010,502

.
Royce, Ed (R-Calif) $121,004 $291,002 $169,998 141 $315,004

.
Gohmert, Louis B Jr (R-Texas) -$110,001 -$250,001 -$140,000 127 $150,001

.
Forbes, J Randy (R-Va) $441,901 $999,381 $557,480 126 $805,480

.
Wilson, Joe (R-SC) -$348,500 $78,515 $427,015 123 $696,003

.
Bishop, Rob (R-Utah) -$16,499 $3,501 $20,000 121 $8,501

.
Burr, Richard (R-NC) $506,011 $1,098,744 $592,733 117 $1,375,888

.
Diaz-Balart, Mario (R-Fla) -$65,001 $8,000 $73,001 112 $32,500

.
Collins, Susan M (R-Maine) $196,503 $410,005 $213,502 109 $205,002

.
Garrett, Scott (R-NJ) $97,501 $202,505 $105,004 108 $338,005

.
Barton, Joe (R-Texas) $39,502 $81,002 $41,500 105 $81,002

.
McCaul, Michael (R-Texas) $34,176,566 $69,619,248 $35,442,682 104 $137,611,043

.
Aderholt, Robert B (R-Ala) $780,510 $1,566,011 $785,501 101 $3,927,511

.


.
Totals for 39 Republicans $45,223,644 $121,066,961 $75,843,317 168% $195,473,184

.


.
Total Net Worth For These 80 in '09 % Increase 08-09

.
$291,093,347 41%

.


.
Total $ Increase From '04-'08

.
$151,550,660


edit on 27-7-2011 by wcitizen because: (no reason given)

edit on 27-7-2011 by wcitizen because: (no reason given)



posted on Jul, 27 2011 @ 08:26 AM
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One day not long ago I asked ten people if they knew what the Federal Reserve was .....one of them was my Grandmother who is in her 80's. NONE of them knew what it was.



posted on Jul, 27 2011 @ 08:32 AM
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Here's a link to the GAO Fed Investigation Report.

www.scribd.com/doc/60553686/GAO-Fed-Investigation



posted on Jul, 27 2011 @ 08:34 AM
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reply to post by MamaJ
 


Yep, been watching for years now.
How USA people have not revolted is now well beyond my understanding.
Maybe just to busy getting payouts and over indulging?
I like to think I know where all MY money goes...
Bye Bye US $



posted on Jul, 27 2011 @ 08:37 AM
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Originally posted by MamaJ
One day not long ago I asked ten people if they knew what the Federal Reserve was .....one of them was my Grandmother who is in her 80's. NONE of them knew what it was.


Yes, the Cabal have kept it deliberately vague and have deliberately allowed the confusing name to trick people into believing it is public agency not a private cartel of criminal banksters.

THIS is what JFK was challenging, and what he was killed for.


edit on 27-7-2011 by wcitizen because: (no reason given)



posted on Jul, 27 2011 @ 08:49 AM
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What was with the Federal Reserve Act, 23.12.1913 actually decided and what impact this had actually new law for the Paul Warburg and his friends fought?

Most people know only that the Federal Reserve (short FEDS), the US Federal Reserve Bank is the key and determined where the entire world economy.

In the use of language many people call it the big sister of the Bundesbank or the mother of all banks.

That neither the mother nor the big sister, because they are very much later was founded, as many European central banks is another matter, and we should not be here. We would rather overwhelmingly demonstrate the 23.12.1913 of the most important and probably the most gloomy day in the financial history of mankind was.

Imagine if once before they would license on the following:
"They can print money."
But that would not be smart, because then you would be "expensive" and "horrendous" price of paper and ink so the same pay.
Because you are clever, but make it clever, because you say to himself: "Hey, why should I put the money in circulation itself, is far too much work - I give it and to the nominal value of what I the paper prints. "
They could then hergehen and print tickets and you give it easy for the state in which you reside.
Because each course, a loan interest demands - that says it is the law, which could have designed your ancestors - you want the printed paper, which you away obviously an interest.
They are not greedy, that give you the printed piece of paper on the "US $ 1 is 5.0% per annum
Generously as you are in your spreadsheet to calculate the printed edition as a piece of paper in your books with 1 cents per piece.

here's the KICKER
Whether there is now US $ 1 or US $ 100, it is of the printing costs while her regardless, but you say "equality for all tickets."
So each ticket will cost you the same in the manufacture and since you are fair, of course, will cost each ticket to the same interest - namely, the nominal value of what he stands for.
You can also a $ 1 ticket for 1 cent print, and gives the 5-cent "expense allowance" per year, including interest, to your government.
... you are right, you print more prefer 100-as A Dollar, as is the profit margin 50.000,00% - not swallow - there are fifty thousand percent.
What, you want to completely abolish the notes and prefer plastic cards?
Then you do not want to have more printing costs - you will find the fair?
So this is now once in a lifetime, not all requests are in compliance and the owners of the Federal Reserve have any control, - and sans supervision of the last 90 years successfully prevented.



posted on Aug, 5 2011 @ 09:37 AM
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Still can't believe there is no media coverage on this. All they talk about is gloom and doom because of the economy. But $16 trillion missing isn't a problem? Ok. The American people should be outraged. Yet, I hear nothing.




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