Partial Audit of the Federal Reserve Published.

SparrowHawk

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Nov 30, 2009
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Well now what do all of you "Ron Paul is a kook" typrd have to say now that the partial audit of the Federal Reserbe Bank has been published. Thanks to Dr. Paul, Jim DeMint & Bernie Sanders for making this happen. The partial audit was an amendment tacked onto the Dood-Frank bill. Below are a few snippets from the article.

First Audit Results In The Federal Reserve’s Nearly 100 Year History Were Posted Today, They Are Startling!

What was revealed in the audit was startling:
$16,000,000,000,000.00 had been secretly given out to US banks and corporations and foreign banks everywhere from France to Scotland. 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. Why the Federal Reserve had never been public about this or even informed the United States Congress about the $16 trillion dollar bailout is obvious – the American public would have been outraged to find out that the Federal Reserve bailed out foreign banks while Americans were struggling to find jobs.
To place $16 trillion into perspective, remember that GDP of the United States is only $14.12 trillion. The entire national debt of the United States government spanning its 200+ year history is “only” $16 trillion. The budget that is being debated so heavily in Congress and the Senate is “only” $3.5 trillion. Take all of the outrage and debate over the $1.5 trillion deficit into consideration, and swallow this Red pill: There was no debate about whether $16,000,000,000,000 would be given to failing banks and failing corporations around the world.
In late 2008, the TARP Bailout bill was passed and loans of $800 billion were given to failing banks and companies. That was a blatant lie considering the fact that Goldman Sachs alone received 814 billion dollars. As is turns out, the Federal Reserve donated $2.5 trillion to Citigroup, while Morgan Stanley received $2.04 trillion. The Royal Bank of Scotland and Deutsche Bank, a German bank, split about a trillion and numerous other banks received hefty chunks of the $16 trillion.

“This is a clear case of socialism for the rich and rugged, you’re-on-your-own individualism for everyone else.”- Bernie Sanders (I-VT)​


Just like Dr Paul has been saying for the last THIRTY YEARS. So once again Ron Paul was RIGHT. Imagine that?
 
Please provide a link to a credible source that shows where Citi received a "donation" of $2.5T and Sachs $2.4T.

I am not saying that I don't believe you, but show me.
 
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You do know that Bernie Sanders is a Socialist. I'll wait while you hyperventilate. ;)

So who doesn't know this?

Bernie Sanders and Dr Paul share one thing, They are men of principle. It also occurs that when two divergent points of view can work where they have things in common like the fact that the Federal Reserve Bank is bebasing the currency at the expense of those of us who work for a living.
 
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Please provide a link to a credible source that shows where Citi received a "donation" of $2.5T and Sachs $2.4T.

I am not saying that I don't believe you, but show me.

Do your own research! Don't be a lazy liberal. Besides I'm busy doing laundry for a business trip.
 
You forgot to mention Dr. Paul & Jim DeMint and I didn't start the thread.

Those two people's names are not mentioned in the link you provided. And yes I know you did not start the thread, you just provided the link.

P.S. You did'nt get dizzy did you. ;)
 
Those two people's names are not mentioned in the link you provided. And yes I know you did not start the thread, you just provided the link.

P.S. You did'nt get dizzy did you. ;)

Johnny Mac told me Bernie is cool.
stirpot.gif
 
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You might want to do the same.

Bernie has a bunch of info on the partial audit on his web site. I can't (As of yet) find the direct link. There is quite a bit out there from more credible sources.
 
Well now what do all of you "Ron Paul is a kook" typrd have to say now that the partial audit of the Federal Reserbe Bank has been published. Thanks to Dr. Paul, Jim DeMint & Bernie Sanders for making this happen. The partial audit was an amendment tacked onto the Dood-Frank bill. Below are a few snippets from the article.

Hate to break the news to you but Ron Paul had nothing to do with the GAO report mentioned on Bernie Sanders site. The GAO report was the result of an amendment in the Dodd-Frank Act on 2010, an Act that Ron Paul voted against.
 
Well now what do all of you "Ron Paul is a kook" typrd have to say now that the partial audit of the Federal Reserbe Bank has been published. Thanks to Dr. Paul, Jim DeMint & Bernie Sanders for making this happen. The partial audit was an amendment tacked onto the Dood-Frank bill. Below are a few snippets from the article.



Just like Dr Paul has been saying for the last THIRTY YEARS. So once again Ron Paul was RIGHT. Imagine that?

Maybe Romney will give him a job, next year !
 
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Hate to break the news to you but Ron Paul had nothing to do with the GAO report mentioned on Bernie Sanders site. The GAO report was the result of an amendment in the Dodd-Frank Act on 2010, an Act that Ron Paul voted against.

Correct! and who besides Sanders, DeMint & Dennis KKucinich put that amendment in Dood-Frank? Turns out it was some TX Congressman from Lake Jackson named RON PAUL
 

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