Forum Post: Secret Fed Loans Gave Banks $13 Billion(end the fed) before tarp mind you
Posted 12 years ago on Nov. 29, 2011, 1:48 a.m. EST by newjustice2
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This is why we must end the fed the root of all evil in america
When you're oil and food prices go up, you can blame Ben Bernanke. Same thing is happening today. Bernanke orchestrated a global central bank action which gives more cheap money to the banks.
Great post, thanks for sharing this link newjustice2
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Hi newjustice2, Thank you for link. Everyone needs to see this. Best Regards, Nevada
your welcome
It's 7.7 Trillions according to that story, 13billions is the net profit for the banks that received the loans as part of The Fed's discount window lending...
I wonder if it's related to the loans that the partial audit pushed by Senator Sanders and Congressman Paul sponsored?
Look at the amounts on page 131, it's 16Trillions in that audit:
http://sanders.senate.gov/imo/media/doc/GAO%20Fed%20Investigation.pdf
I believe its is part of the bill that paul and sanders push. I just copy and paste the headline that Bloomberg had I wanted people to read about the 16T. Also we have to support ron paul and people like him left or right if we want to get this country back on track.
"Also we have to support Ron Paul and people like him left or right if we want to get this country back on track."
Good luck with the stubborn progressives here, Ron Paul is poison to them. They want the government beast to get bigger and bigger, they don't have a clue...
And if it was part of that same bill, why the news now? The partial audit was made public in August.
Some of them understand and are warming up to him once they hear him out the hardcore people that hate him. Are fake sorros people that wants to keep the fed and destroy this country by bringing in socialism.