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Old 12-07-2011, 01:18 AM   #11 (permalink)
Beingist
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I won't comment on the Jewish question, but I shall report some more news on the Fed ...
Quote:
Originally Posted by siryessir08 View Post
I'm completely freaked out right now.
[...]
Today I did more research, and found that the Federal Reserve actually loaned out $16 trillion dollars to foreign and domestic banks at 0% interest, according to the congressional audit done on the federal reserve.

Audit of the Federal Reserve Reveals $16 Trillion in Secret Bailouts | Unelected.org

Citigroup alone got $2.5 trillion. $16 trillion is literally more than the entire national debt. Where did this $16 trillion come from??? I don't know... apparently it appeared out of thin air!!
No need to freak out. "Helicopter Ben" Bernanke reported to Congress that the reported figures were "wildly inaccurate"--

Bernanke to Hill: Flawed reporting on Fed loans | Reuters

But Bloomberg stands by their numbers--

Bloomberg News Responds to Bernanke Criticism - Bloomberg

In sum, no one really knows what the Fed is doing (except for, perhaps, the Fed), and, I suspect, this is by design.

All the more reason why I say END THE FED.
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