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The media’s inscrutable brush-off of the Government Accounting Office’s recently released audit of the Federal Reserve has raised many questions about the Fed’s goings-on since the financial crisis began in 2008.
The audit of the Fed’s emergency lending programs was scarcely reported by mainstream media – albeit the results are undoubtedly newsworthy. It is the first audit of the Fed in United States history since its beginnings in 1913. The findings verify that over $16 trillion was allocated to corporations and banks internationally, purportedly for “financial assistance” during and after the 2008 fiscal crisis.
Sen. Bernie Sanders (I-VT) amended the Wall Street Reform law to audit the Fed, pushing the GAO to step in and take a look around. Upon hearing the announcement that the first-ever audit would take place in July, the media was bowled over and nearly every broadcast network and newspaper covered the story. However, the audit’s findings were almost completely overlooked, even with a number as high as $16 trillion staring all of us in the face.
Come on Beezer, you're brighter than the average bunny. It's easy enough to see they are protesting the exploitation of and influence over our government and economy by the financially powerful.
Originally posted by beezzer
reply to post by woodwardjnr
Are they just protesting wealth? Wall street activities? Investors? Investments? Banking? Bankers? IRA's?
Seriously, what's the deal here.
Originally posted by My.mind.is.mine
reply to post by beezzer
WE are not looking for someone to blame. Where did that huuuge bailout go? Any takers? It wasn't my home address. It wasn't even the mall in Washington. It was the thieves who literally CONTROL the governments movements using the money leash!
We KNOW who to blame.
Well I certainly don't suggest those in DC don't have responsible. Are you suggesting that big money does not influence the policies they write and support? I'm going to go out on a limb here and suggest, without any proof whatsoever lol, that there is a great deal more power wielded by the advantage wall street/banks/corporations have than the few who defraud public welfare. Just call me naive.
Originally posted by beezzer
reply to post by NoAngel2u
Call me naive, but I hold those in DC responsible. Are the clowns on Wall Street taking advantage? Sure. Is a healthy person cashing welfare checks taking advantage? Yes.
Do I think those on Wall Street are in control?
No.
I guess I just haven't been convinced yet.
Originally posted by OldCorp
No my friends, nothing will change until blood is spilled. Until then, "they" are going to continue to stand on their balconies drinking champagne and laughing at the protests below. I'm not advocating violence in any way - it's my worst nightmare, citizens killing citizens - I'm just stating a fact.
Originally posted by My.mind.is.mine
reply to post by beezzer
WE are not looking for someone to blame. Where did that huuuge bailout go? Any takers? It wasn't my home address. It wasn't even the mall in Washington. It was the thieves who literally CONTROL the governments movements using the money leash!
We KNOW who to blame.