GAO audit shows the FED has provided $16 trillion to various financial institutions

GAO Audit Exposes Fed's Corruption Once Again

And speaking of Bernie Sanders, he earlier tore the Fed a new one, after he released details of the Fed's GAO audit and took every opportunity to make his opinion on the master criminals well-known: "As a result of this audit, we now know that the Federal Reserve provided more than $16 trillion in total financial assistance to some of the largest financial institutions and corporations in the United States and throughout the world," he said. "This is a clear case of socialism for the rich and rugged, you're-on-your-own individualism for everyone else."

16 trillion $... admitted to....

ABOLISH THE FED, PROSECUTE EVERYONE WHO WORKED THERE AT THE TOP LEVELS SINCE THE 90s.

This is totally insane.

I'd work something out where if they paid off the national debt to 0 they would not go to prison.
Otherwise I'd stick every last one of them in a cell with their own personal roommate who would give them an unwelcome conjugal visit daily.

reply to post by Vitchilo


Wow, how did this not get more attention! (Next time put Ron Paul's name in the headline )Was just reading reading about this. This should be on the front page, especially with how many people on this website are angry at the banks and what the Fed has been doing.

16 trillion...unbelievable.

HERE is a good article to support the OP...

$16 Trillion In Secret Loans To Their Bankster Friends And The Media Is Ignoring The Eye-Popping Corruption That Has Been Uncovered - 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.

Originally posted by David9176
reply to post by Vitchilo

 

Wow, how did this not get more attention! (Next time put Ron Paul's name in the headline

)Was just reading reading about this. This should be on the front page, especially with how many people on this website are angry at the banks and what the Fed has been doing.

16 trillion...unbelievable.

edit on 22-7-2011 by David9176 because: (no reason given)

You are right, he should have thrown in Ron Pauls name. Cause hes the only one smart enough to have realized how corrupt the FED RES is.

END THE FED!

Central Banks Liquidity "Swaps"! Foreign central banks and the "federal reserve" are one and the same entity.

Article One, Section Nine of the United States Constitution:

No Money shall be drawn from the Treasury, but in Consequence of Appropriations made by Law; and a regular Statement and Account of Receipts and Expenditures of all public Money shall be published from time to time.

The fed has provided every cent in circulation since it came to be.

Originally posted by Cassius666
The fed has provided every cent in circulation since it came to be.

Thomas Jefferson once said: "I believe that banking institutions are more dangerous to our liberties than standing armies . . . If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] . . . will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered . . . The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." -- Thomas Jefferson -- The Debate Over The Recharter Of The Bank Bill, (1809)

www.barefootsworld.net...

It is Woodrow Wilson's and the People's fault for not learning from history ignoring our founders.

Why wasnt this in the MSM? Sounds like someone wants it kept hush hush.

Spread the word!

Heres another link about it.

seeker401.wordpress.com...

Originally posted by Mike.Ockizard
Why wasnt this in the MSM? Sounds like someone wants it kept hush hush.

Spread the word!

Heres another link about it.

seeker401.wordpress.com...

Glenn Beck pointed it out over 2 years ago,



When the Federal Reserve buys back the government issued bonds (IOUs), the money (another IOU representing debt) loaned to the government has gone full circle back to the Fed with interest. The Fed credits the banks' reserves for the purchase of the government debt. The banks get richer. The banks have complete control of the money, not the government. The Fed answers to the world's biggest bank, the Bank of International Settlement. These banksters control the entire planet's monetary systems.

The mission of the Bank for International Settlements (BIS) is to serve central banks in their pursuit of monetary and financial stability, to foster international cooperation in those areas and to act as a bank for central banks. In broad outline, the BIS pursues its mission by: promoting discussion and facilitating collaboration among central banks; supporting dialogue with other authorities that are responsible for promoting financial stability; conducting research on policy issues confronting central banks and financial supervisory authorities; acting as a prime counterparty for central banks in their financial transactions; and serving as an agent or trustee in connection with international financial operations. The head office is in Basel, Switzerland and there are two representative offices: in the Hong Kong Special Administrative Region of the People's Republic of China and in Mexico City. Established on 17 May 1930, the BIS is the world's oldest international financial organisation.

www.bis.org...

reply to post by Vitchilo


Insane as it is, I'm having a hard time figuring out the total amount.

Any idea what it is?