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Is Anything Real? Trillions in Secret Fed Payments Revealed
RushLimbaugh.com ^ | 12/2/10 | Rush Limbaugh

Posted on 12/02/2010 4:08:11 PM PST by Nachum

BEGIN TRANSCRIPT RUSH: Let's go back, audio sound bite-wise, to me on my program, this program. This is March 12th of this year...

RUSH ARCHIVE: The TARP money was not used for its original purpose. There's something else out there, Jordan, you need to know. The Federal Reserve, before the TARP bailout, made loans totaling $2 trillion and they will not tell us to whom. We don't know who got the money. Whether the Fed loans it or the government prints it, it's our money. So you can talk about the $700 billion TARP. You can talk about the $787 billion stimulus. That's nothing compared to the amount of money that the Federal Reserve lent people at the same time: $2 trillion. We don't know where it went and they will not tell us.

RUSH: Well, we now know that it wasn't $2 trillion. We know it was a little over $3 trillion and we know where it went now. Finally we know where some of it went. "The Federal Reserve revealed details yesterday of trillions of dollars in emergency aid that it gave to US and foreign banks and to nonbank companies ranging from General Electric to Harley-Davidson during the financial crisis." So let me pause for just a second. We go to the California and we look at all of the unfunded pension liabilities for the teachers, public employees unions, Teamsters, and the same thing in Illinois and in New York. We have people who have been living on federal dollars, people who have been living well on the public dole. Humongous lifestyles.

And none of it has been real.

(Excerpt) Read more at rushlimbaugh.com ...


TOPICS: Crime/Corruption; Government; News/Current Events
KEYWORDS: anything; bailout; bankofamerica; banks; bearstearns; boa; citigroup; fansplat; federalreserve; foreignbanks; ge; goldmansachs; harleydavidson; merrilllynch; morganstanley; real; secrecy; secret; tarp; trillions
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To: Ann Archy

We had to kill the free market to save it - george w bush.

Those on the nostalgia tour around here sicken me.


21 posted on 12/02/2010 4:59:12 PM PST by GlockThe Vote (Who needs Al Queda to worry about when we have Obama?)
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To: blasater1960

They’ll care when the ATM doesn’t work, all the grocery stores and pharmacies have been looted, and there are bodies laying in the street.


22 posted on 12/02/2010 5:00:22 PM PST by gatorhead
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To: GlockThe Vote

ooohhhh...he DID say that! I think he had NO IDEA what was being done to the US!


23 posted on 12/02/2010 5:02:44 PM PST by Ann Archy (Abortion......the Human Sacrifice to the god of Convenience.)
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To: ExTexasRedhead

Jail, my ass.


24 posted on 12/02/2010 5:03:43 PM PST by gatorhead
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To: ExTexasRedhead; Ezekiel

The entire world has become Sodom and Gomorrah. G-d did not like Sodom and Gomorrah. We know the end of that story.
Then it was for want of 10 righteous men...which could not be found.
NOW it is for want of 10 MILLION. I wonder if there are even 10 million righteous men left in this world sometimes.


25 posted on 12/02/2010 5:06:40 PM PST by MestaMachine (islam - Hostis hvmani generis - Enemy of the human race)
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To: Swordmaker

“Take out a dollar bill and read what it says on the top... Federal Reserve Note. It’s a LOAN document. The Federal Reserve Banks LOAN MONEY INTO EXISTENCE... so, in answer to your question, EVERYBODY goes to the Fed for loans including the Federal Government... and they get the money at a discount, which means it can never be repaid because there isn’t enough money to pay the principle plus the discount for what was borrowed”!

This is it in a nutshell.

The FED is the biggest scam in the history of planet Earth.


26 posted on 12/02/2010 5:08:15 PM PST by Captain7seas (FIRE JANE LUBCHENCO FROM NOAA)
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To: Ann Archy

I get trashed by the bush was great crowd for reminding them of that.

Remember - bush appointed bernake and paulson in the first place.


27 posted on 12/02/2010 5:09:58 PM PST by GlockThe Vote (Who needs Al Queda to worry about when we have Obama?)
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To: RitaOK

Obama is what he is - a marxist.

But bush started this with the appointment of bernake paluson and geithners horrible malfeasance at the ny fed.


28 posted on 12/02/2010 5:12:16 PM PST by GlockThe Vote (Who needs Al Queda to worry about when we have Obama?)
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To: Nachum
They all sound like they are taking drugs...

--------------------------

One World Banking!

About a dozen or so run it all.

Americans were screwed royally.

obama-ice-cream15-sm

29 posted on 12/02/2010 5:14:35 PM PST by BobP (hat about the pensions and)
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To: Arthur Wildfire! March

Thanks for ping; posted thread on today’s Rush Live thread


30 posted on 12/02/2010 5:16:29 PM PST by thouworm
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To: Nachum; thouworm; Arthur Wildfire! March

As I, and some few others, have been trying to pound into peoples’ heads, this whole thing was an ingenious and dastardly evil scam set into motion during the clinton presidency and triggered by GWB upon leaving office. It was a wholesale looting of the treasury combined with the laundering of filthy, dirty drug money around the world.
And mxxain KNEW about it. Take that to the bank. bam is an actor and not a very good one at that. He has never originated a single idea in his entire life. He is a creepy puppet with a mental deficiency and his only job was to be black and say what he was told to say.


31 posted on 12/02/2010 5:22:24 PM PST by MestaMachine (islam - Hostis hvmani generis - Enemy of the human race)
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To: GlockThe Vote

“But bush started this with the appointment of bernake paluson and geithners horrible malfeasance at the ny fed”.

It was started back in 1910 in secret meetings held in Jeykll Island Ga. When the FED was created. It came into existance in 1913.

Get a copy of “The Creature from Jeykll Island” it is a concise history of how it has all come about. Written 15 years ago the title to Chapter two is “The Name of the game is BAILOUTS”

The public is finally waking up.


32 posted on 12/02/2010 5:23:35 PM PST by Captain7seas (FIRE JANE LUBCHENCO FROM NOAA)
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To: Nachum

mark for later


33 posted on 12/02/2010 5:25:10 PM PST by Java4Jay
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To: Nachum

This is astounding!


34 posted on 12/02/2010 5:26:57 PM PST by Albertafriend
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To: Captain7seas

I read that book last year. Literally a life changing book.

Unbelievablly scary book. I gave it to my dad who has talked about it for months.


35 posted on 12/02/2010 5:37:15 PM PST by GlockThe Vote (Who needs Al Queda to worry about when we have Obama?)
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To: taxtruth

“Can someone post the owners and shareholders of the fed?”

Ping me if you get an answer, please.


36 posted on 12/02/2010 5:46:19 PM PST by bayouranger (The 1st victim of islam is the person who practices the lie.)
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To: taxtruth

You know that the 12 Federal Reserve Banks are owned by private banksters.

And you’ve heard of the Bank of International Settlements (BIS), which is the “Central Banks’ Central Bank”.

But you probably don’t know who owns BIS or how it is regulated.

Spiegel provided the answer last month:

The BIS is a closed organization owned by the 55 central banks. The heads of these central banks travel to the Basel headquarters once every two months, and the General Meeting, the BIS’s supreme executive body, takes place once a year.

So the private banks own the Fed (and other central banks), and the central banks, in turn, own BIS.

Interestingly, Spiegel points out that BIS is largely immune from regulation, oversight or taxes:

Formally registered as a stock corporation, it is recognized as an international organization and, therefore, is not subject to any jurisdiction other than international law.

It does not need to pay tax, and its members and employees enjoy extensive immunity. No other institution regulates the BIS, despite the fact that it manages about 4 percent of the world’s total currency reserves, or €217 trillion ($304 trillion), as well as 120 tons of gold...

Central bankers are not elected by the people but are appointed by their governments. Nevertheless, they wield power that exceeds that of many political leaders. Their decisions affect entire economies, and a single word from their lips is capable of moving financial markets. They set interest rates, thereby determining the cost of borrowing and the speed of global financial currents.

http://www.washingtonsblog.com/2009/08/banks-own-fed-and-central-banks-own-bis.html


37 posted on 12/02/2010 6:06:30 PM PST by tired1 (Federalize the Fed)
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To: Nachum

bookmark


38 posted on 12/02/2010 7:09:33 PM PST by Faith65 (Jesus Christ is my Lord and Savior!)
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To: Nachum

Yep, it sure looks like the crooks have their own private retirement funds on the taxpayer dime.

It is our duty to make sure these people go south as our lives depend on it.


39 posted on 12/02/2010 7:10:48 PM PST by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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To: RitaOK
Obama marxist plan is called Kenesian, and that Kenesian policies call for paper money printed at the Fed...The paper is fake, the industrial and corporate loans are more fake paper.

So our 'wealth' is just one Big Lie? Are we delusional or is the World?

Welfare, unemployment checks, health care is provided for the people and must be expanded to keep the people from working and to collapse the country keeping us in permanent state of “needing” the government for all needs.

It's working. All the people want is the check to keep arriving from the government - they don't care what The Plan is called, or how we've been conned. They ARE quite willing to wear the chains around the necks. GH Bush's New World Order is upon us.

Kenesian does not work because there is nothing under it to sustain it. No real production, no industry, no creating things, no nothing this country offers itself or anyone else, except consumerism and paper...

The factories are gone. The corporations are all "international," and we've got a bunch of trained monkeys calling the government "Daddy." Great. WELCOME TO THE THUNDER DOME!!"


40 posted on 12/02/2010 9:24:53 PM PST by Conservative Tsunami
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