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A few days ago, the nonpartisan Government Accountability Office completed the first independent investigation into the emergency actions taken by the Federal Reserve. As a result of this investigation, we now know that the Federal Reserve provided a jaw-dropping $16 trillion in total financial assistance to some of the largest financial institutions and corporations in the world.
Among the investigation's key findings is that the Fed unilaterally provided trillions of dollars in financial assistance to foreign banks and corporations from South Korea to Scotland. In my view, no agency of the United States government should be allowed to bail out a foreign bank or corporation without the direct approval of Congress and the president.
But, as difficult as it was to lift the veil of secrecy at the Fed, it will be even harder to reform the Fed...
Originally posted by woodwardjnr
In my view, no agency of the United States government should be allowed to bail out a foreign bank or corporation without the direct approval of Congress and the president.
sanders.senate.gov...
Originally posted by woodwardjnr
An interesting article fro Bernie Sanders about the amount of money the Fed used to bail out financial institutions and Corporations.
A few days ago, the nonpartisan Government Accountability Office completed the first independent investigation into the emergency actions taken by the Federal Reserve. As a result of this investigation, we now know that the Federal Reserve provided a jaw-dropping $16 trillion in total financial assistance to some of the largest financial institutions and corporations in the world.
Among the investigation's key findings is that the Fed unilaterally provided trillions of dollars in financial assistance to foreign banks and corporations from South Korea to Scotland. In my view, no agency of the United States government should be allowed to bail out a foreign bank or corporation without the direct approval of Congress and the president.
sanders.senate.gov...
Originally posted by woodwardjnr
An interesting article fro Bernie Sanders about the amount of money the Fed used to bail out financial institutions and Corporations.
In my view, no agency of the United States government should be allowed to bail out a foreign bank or corporation without the direct approval of Congress and the president.
sanders.senate.gov...
Originally posted by havok
Originally posted by woodwardjnr
An interesting article fro Bernie Sanders about the amount of money the Fed used to bail out financial institutions and Corporations.
In my view, no agency of the United States government should be allowed to bail out a foreign bank or corporation without the direct approval of Congress and the president.
sanders.senate.gov...
Ok does anyone else see the problem with this statement?
How do our own leaders think that the FED is a gov't agency?
It's not.
It is a private bank.
That's how and why they just got away with spending ALL of our "wealth".
I honestly believe that this will be a turning point in US history.
Although these past few years have been the beginning...
Of a drastic change.
Just remember people.
Only you can take care of you.
Don't rely on anyone but yourselves.