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Foreclosure Defense Florida

OUTRAGE! Secret FED Loans Gave Banks Undisclosed $13 Billion……

What is truly stunning about our national politik is that Ron Paul remains a strong contender, with broad based support, yet he is totally ignored by the mainstream media.

A cornerstone of Paul’s campaign are his assertions that the Federal Reserve is totally out of control and that it operates in open defiance of both Congress and the President of the United States of America.

Forget about the serfs living on the plantation called America, the FED don’t even answer to the Masters.

Every time you touch a dollar understand that dollar is not owned by you or the United States Government, it’s owned by a private corporation called The Federal Reserve.

In the recent past we all (and by “we all” I include   Congress and probably even most presidents) operated under the delusion that we all had some input, oversight, say so and maybe even a bit of “control” such as it were over the money that governs our country.

In the recent past, all the chatter over the SECRET powers of the FED….the CONSPIRACIES among the banks, the BILDERBERG and TRILATERAL commission were dismissed as conspiracy theories broadcast by nut jobs on the internet.

But my how things have changed…..Bloomberg no less today reports of billions of dollars in secret loans, given to the banks that were not disclosed….even to Congress….

I want to refresh all your recollections of a very simple question asked of Ben Bernake by a member of Congress:

Mr. Bernake, who did the Federal Reserve give half a trillion dollars to in 2008?

to which Mr. Bernake responded:

I don’t know.

I want to encourage all of you to watch the video again Bernake,

Or how bout this exchange with the Inspector General of the Federal Reserve:

Who received a trillion dollars eight months ago?

I do not know.

Are there trillions of dollars in off balance sheet transactions that are not reported by the Federal Reserve?

Ummm..babble,babble, babble. We do not audit the Fed.

Did the Federal Reserve extend 9 Trillion in credit that is not reported and to whom was it extended?

Ummm..babble,babble, babble.

What have you done to examine the off balance sheet transactions of the Federal Reserve in the last eight months that total more than $9 Trillion dollars?

Ummm..babble,babble, babble.

Watch this video here

Not many people paid attention to that line of questioning when it appeared years ago…and it’s been ignored ever since…..But here’s what’s reported on Bloomberg today:

The Federal Reserve and the big banks fought for more than two years to keep details of the largest bailout in U.S. history a secret. Now, the rest of the world can see what it was missing.

The Fed didn’t tell anyone which banks were in trouble so deep they required a combined $1.2 trillion on Dec. 5, 2008, their single neediest day. Bankers didn’t mention that they took tens of billions of dollars in emergency loans at the same time they were assuring investors their firms were healthy. And no one calculated until now that banks reaped an estimated $13 billion of income by taking advantage of the Fed’s below-market rates, Bloomberg Markets magazine reports in its January issue.

Saved by the bailout, bankers lobbied against government regulations, a job made easier by the Fed, which never disclosed the details of the rescue to lawmakers even as Congress doled out more money and debated new rules aimed at preventing the next collapse.

BLOOMBERG

One Comment

  • speakout says:

    I believe the figure ended up being $16 trillion! Well, I think it’s time for me to write my book about all the info I have discovered in the last 4 years regarding our government and the banking system. The American public has been dumbed down so we don’t know what is going on. It all goes back in history to when it started. The Fed Reserve had a 20 year contract to issue the country’s money when they came in 1913- After a bank scare perpetrated by JP Morgan in 1907 that drove down the value of a major private bank and caused a “panic” (this is their M.O.- create fear). We can cancel the Fed Res. contract or “buy it out” for $450 million. The fed res.system was actually passed as a “private” law. Fast forward 20 years from 1913- we are in 1933, coincidently, the “great depression” started in 1929, when the bankers stopped issuing money (like they did in 2008), after they ran up debt for everyone. The great depression was planned. In 1933, they came out with ALL the alphabet agencies (3 letter) – and social security to figure out ways to “get the people’s money”, because the Federal government was somehow “bankrupt” or so they say. Owed the bankers. The states pledged the people’s labor and assets to the federal government’s “bankruptcy.” They (Roosevelt) confiscated the people’s gold and gave it to the bankers. See June 5, 1933. Government is nothing more than an extortion tool of the bankers to confiscate the citizens money for their control and profit. All they do is write laws to figure out some way to make something illegal or fine us or “license” us to “get money” from the people. It’s totally out of control. Before 1913, there was NO income tax OR property tax. It has grown into a monster and all the 545 people running the government know exactly what is going on. Ron Paul and a handful of others are the only ones telling us the truth. Go to http://www.worldreports.org/news to get a detailed run down of the financial corruption in the last 5 years, told by an independent journalist, that “suddenly” died last year. He followed the world financial markets for 47 years! Wrote several books and had inside info. It is quite shocking. You will never get the truth out of the main stream media because they are controlled and paid by the banksters and corp. elites and the government. It even goes way deeper than this, I have discovered. 9/11 was an act perpetrated by corrupt government pawns to prevent the refunding of the new financial system for our country. Kennedy tried to implement it (executive order 11110)and they killed him. There was hundreds of trillions of dollars that had been discovered stolen/missing by the Fed Res. back in the 1970’s, when the banks foreclosed on the farmers. Remember Willie Nelson concerts to help the farmers when the banks were taking their properties. The Federal Reserve has hundreds of trillions that belong to the American people. They are hiding it from us. The new financial system that was to replace the Federal Reserve, was to be implemented through the Pentagon on September 12, 2001.( the wing that was hit on 9/11 had all the new computer system in place – it had just been remodeled )Info re: this was also in building #7 that was “pulled” (this building was not hit by a plane on 9/11). This is an inside war that we are faced with. A handful of private bankers controlling hundreds of trillions of dollars for 100 years are not going to go quietly.

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