"Have you gotten your share of free money??"

[WhiskeyGirl]

Yep, the feds secretly gave away $16,000,000,000,000.0to US banks and corporations and foreign banks around the country and around the world. During the period between December 2007 and June 2010, the Federal Reserve secretly bailed out some of the world’s banks, corporations, and governments. In typical bureaucratic fashion, the Federal Reserve refer to these secret bailouts as an all-inclusive loan program. But using the word loan is misleading because virtually none of the money has been repaid and it was “loaned” at 0% interest. how can you and I get in on this sweet deal?

The list this man compiled -

All if this came to light after the first ever GAO(Government Accountability Office) audit of the Federal Reserve was completed over the past few months in accordance with House Bill HR 1207. Of course, the final bill was significantly watered down due to pressure/congressional testimony/fabrication from Federal Reserve Chairman Ben Bernanke and his group of cronies. The partial list of “loan” recipients is shown here:

Citigroup: $2.5 trillion ($2,500,000,000,000)
Morgan Stanley: $2.04 trillion ($2,040,000,000,000)
Merrill Lynch: $1.949 trillion ($1,949,000,000,000)
Bank of America: $1.344 trillion ($1,344,000,000,000)
Barclays PLC (United Kingdom): $868 billion ($868,000,000,000)
Bear Sterns: $853 billion ($853,000,000,000)
Goldman Sachs: $814 billion ($814,000,000,000)
Royal Bank of Scotland (UK): $541 billion ($541,000,000,000)
JP Morgan Chase: $391 billion ($391,000,000,000)
Deutsche Bank (Germany): $354 billion ($354,000,000,000)
UBS (Switzerland): $287 billion ($287,000,000,000)
Credit Suisse (Switzerland): $262 billion ($262,000,000,000)
Lehman Brothers: $183 billion ($183,000,000,000)
Bank of Scotland (United Kingdom): $181 billion ($181,000,000,000)
BNP Paribas (France): $175 billion ($175,000,000,000)                                                                                                                                                                                                                 and many additional places such as Belgium (why Belgium?!)

You can see the 266-page GAO audit of the Federal Reserve by using this link: http://www.scribd.com/doc/60553686/GAO-Fed-Investigation

read more at the original link - http://tucsoncitizen.com/compoundcaptive/2012/01/09/have-you-gotten-your-share-of-free-money/

[WhiskeyGirl]

According to Senator Bernie Sanders’ (I-VT) website, the trillions of dollars went to bail out American and foreign banks and businesses. An amendment by Sanders to that reform law directed the Government Accountability Office to conduct the study. "As a result of this audit, we now know that the Federal Reserve provided more than $16 trillion in total financial assistance to some of the largest financial institutions and corporations in the United States and throughout the world," said Sanders. "This is a clear case of socialism for the rich and rugged, you're-on-your-own individualism for everyone else."

The GAO report revealed that these loans went to banks and corporations in countries from South Korea to Scotland. The non-partisan, investigative arm of Congress also concluded that the Fed has no comprehensive system to deal with conflicts of interest, despite the serious potential for abuse. In fact, according to the report, the Fed provided conflict of interest waivers to employees and private contractors so they could keep investments in the same financial institutions and corporations that received emergency loans.

For some reason, Obama's "we're all in this together" means that working people, small and all sized business, need to pay for the elite birthright entitled welfare and wealthy classes. 

Why didn't Obama do something about the Fed on the first day he took office?  Why did Holder get a $1.5 TRILLION dollar deal with BOA to make more substandard loans to minorities, urbanites, and others that cannot afford them?

Who's looking out for working people?  Business people?

http://www.huliq.com/10280/under-radar-bailouts-fed-amount-trillions

Who got all the Fed's money before 2008? 

Don't the American people have a right to know who keeps devaluing their savings?  Who lives the life of luxury while working people can't afford even the basics welfare recipients have?

What's wrong in America today?