"The Looting Of America: The Federal Reserve Made $16 Trillion In Secret Loans To Their Bankster Friends And The Media Is Ignoring The Eye-Popping Corruption That Has Been Uncovered"
Some quotes from the article:
"It turns out that the Federal Reserve made $16.1 trillion in secret loans to their bankster friends during the financial crisis."
"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."
"Many Americans have a hard time grasping just how large 16.1 trillion dollars is. It is an amount of money that is almost inconceivable. It is more than the GDP of the United States for an entire year. It is more than the U.S. government has spent over the last four years combined."
"The Federal Reserve was just creating gigantic piles of cash out of thin air and throwing them around with wild abandon."
"But it just wasn't U.S. banksters that were showered with nearly interest-free loans. It turns out that approximately $3.08 trillion went to foreign financial institutions all over Europe and Asia.
So who in the world gave the Federal Reserve permission to bail out financial institutions all over the world?
Nobody did.
But under our current system the Federal Reserve doesn't have to get permission. They literally get to do whatever they want."
The full read is at http://endoftheamericandream.com/archives/the-looting-of-america-the-federal-reserve-made-16-trillion-in-secret-loans-to-their-bankster-friends-and-the-media-is-ignoring-the-eye-popping-corruption-that-has-been-uncovered
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