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Originally posted by Bluemoonsine
First ever GAO Audit of the Federal Reserve discloses where those trillions were siphoned from/To.....
$16,000,000,000,000.00 (TRILLION) had been secretly given out to US banks and corporations and foreign banks everywhere from France to Scotland (see page 131 of GAO Report). From the period between December 2007 and June 2010, the Federal Reserve had secretly bailed out many of the world's banks, corporations, and governments. The Federal Reserve likes to refer to these secret bailouts as an all-inclusive loan program, but virtually none of the money has been returned and it was loaned out at 0% interest.
Originally posted by XPLodER
why install centeral banks?
Please answer the following questions before launching a rousing defense of the All-Powerful Fed and its chairman:
1. What is the nominal yield on your savings account, thanks to the Fed’s zero-interest rate policy (ZIRP)? (Answer: 0.25%)
2. What is the inflation-adjusted yield on your savings account? (Answer: – 2.25%)
3. What is the rate of interest the Fed charges banks for “free money”? (Answer: 0%)
4. What is the average interest rate for bank-issued credit cards? (Answer: 14.52%)
5. What is the interest rate for student loans? (Answer: 6.8%, and 7.9% or 8.5% for PLUS loans)
reverse robin hood centeral banks
when centeral banks can syphon off all wealth by stealth,
wars will be fought to install them
Originally posted by Asktheanimals
The writing is on the wall and these madmen are going to push things too far and start a global conflagration. I'm sickened at what has happened to Libya and now Syria. The West is promoting terrorism to allow central banks to get their tentacles in to every last country that still maintains a state-run bank. Can't have any competition, now can they?
God help us all.
Originally posted by burntheships
reply to post by FortAnthem
Great post Fort Anthem!
Two recent headlines to read up on, they are condensing powers.
The Rothschild and Rockefeller families have teamed up to buy assets from banks and other distressed sellers in a union between two of the best-known names in financial history
Transatlantic alliance between Rothschilds and
Rockefellers for wealth management
Originally posted by Iron7
This is my favorite area. Banksters have full spectrum control of every side of every war. That is key. We die and they make money.