Yep, the feds secretly gave away $16,000,000,000,000.0to US banks and corporations and foreign banks around the country and around the world. During the period between December 2007 and June 2010, the Federal Reserve secretly bailed out some of the world’s banks, corporations, and governments. In typical bureaucratic fashion, the Federal Reserve refer to these secret bailouts as an all-inclusive loan program. But using the word loan is misleading because virtually none of the money has been repaid and it was “loaned” at 0% interest. how can you and I get in on this sweet deal?

The obvious reason the Federal Reserve never publicized this or even made the United States Congress aware of the $16 trillion dollar bailout is because the American public would have gone ballistic upon learning that the Federal Reserve bailed out foreign banks while American citizens were struggling to find jobs and pay their essential bills.

All if this came to light after the first ever GAO(Government Accountability Office) audit of the Federal Reserve was completed over the past few months in accordance with House Bill HR 1207. Of course, the final bill was significantly watered down due to pressure/congressional testimony/fabrication from Federal Reserve Chairman Ben Bernanke and his group of cronies. The partial list of “loan” recipients is shown here:

Citigroup: $2.5 trillion ($2,500,000,000,000)
Morgan Stanley: $2.04 trillion ($2,040,000,000,000)
Merrill Lynch: $1.949 trillion ($1,949,000,000,000)
Bank of America: $1.344 trillion ($1,344,000,000,000)
Barclays PLC (United Kingdom): $868 billion ($868,000,000,000)
Bear Sterns: $853 billion ($853,000,000,000)
Goldman Sachs: $814 billion ($814,000,000,000)
Royal Bank of Scotland (UK): $541 billion ($541,000,000,000)
JP Morgan Chase: $391 billion ($391,000,000,000)
Deutsche Bank (Germany): $354 billion ($354,000,000,000)
UBS (Switzerland): $287 billion ($287,000,000,000)
Credit Suisse (Switzerland): $262 billion ($262,000,000,000)
Lehman Brothers: $183 billion ($183,000,000,000)
Bank of Scotland (United Kingdom): $181 billion ($181,000,000,000)
BNP Paribas (France): $175 billion ($175,000,000,000)                                                                                                                                                                                                                 and many additional places such as Belgium (why Belgium?!)

You can see the 266-page GAO audit of the Federal Reserve by using this link: http://www.scribd.com/doc/60553686/GAO-Fed-Investigation

Interesting how damaging a high-tech, high-speed federal printing press can be to the world economy,to our country and its taxpayers…