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Forum Post: Secret Fed Loans Gave Banks $13 Billion(end the fed) before tarp mind you

Posted 13 years ago on Nov. 29, 2011, 1:48 a.m. EST by newjustice2 (50)
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8 Comments

8 Comments


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[-] 1 points by guru401 (228) 13 years ago

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.

[-] 1 points by MonetizingDiscontent (1257) 13 years ago

Great post, thanks for sharing this link newjustice2

[Removed]

[-] 1 points by Nevada1 (5843) 13 years ago

Hi newjustice2, Thank you for link. Everyone needs to see this. Best Regards, Nevada

[-] 0 points by newjustice2 (50) 13 years ago

your welcome

[-] 1 points by EXPOSED (222) 13 years ago

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

[-] 0 points by newjustice2 (50) 13 years ago

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.

[-] 1 points by EXPOSED (222) 13 years ago

"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.

[-] 0 points by newjustice2 (50) 13 years ago

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.