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To: Toddsterpatriot

Sorry but where I come from this is called Cleptocracy, looting, white collar crime,.....


The Fed’s $16 Trillion Bailouts Under-Reported

http://www.forbes.com/sites/traceygreenstein/2011/09/20/the-feds-16-trillion-bailouts-under-reported/

The media’s inscrutable brush-off of the Government Accounting Office’s recently released audit of the Federal Reserve has raised many questions about the Fed’s goings-on since the financial crisis began in 2008.

The audit of the Fed’s emergency lending programs was scarcely reported by mainstream media – albeit the results are undoubtedly newsworthy. It is the first audit of the Fed in United States history since its beginnings in 1913. The findings verify that over $16 trillion was allocated to corporations and banks internationally, purportedly for “financial assistance” during and after the 2008 fiscal crisis.


20 posted on 08/21/2014 1:44:23 PM PDT by mgist (.)
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To: mgist
Sorry but where I come from this is called Cleptocracy

What was stolen? Who was it stolen from? Where?

Thanks for the link.

I'm a freelance writer reporting on travel, tourism policy and business ethics. I highlight the balance of life, exploring leisure and wanderlust, while also reporting on the verity of the human spirit. I have a BA in Philosophy with a concentration in Values and Social Policy and an interdisciplinary accreditation in Peace and Conflict Studies. Email tips to tracey@emeraldtraveler.com and follow me on Twitter (@EmeraldTraveler) and Google+.

The author sounds like a really groovy chick!

22 posted on 08/21/2014 2:09:05 PM PDT by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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