Federal Reserve criminals just gave 16 Trillion dollars of YOUR money to their buddies - basically passing it out amongst their own - the federal reserve banking industry.


PASS THIS TO EVERYONE  This is the hardest hitting article I have seen to date on the criminals at the Federal Reserve.  The author is unknown.


The first ever GAO (Government Accountability Office) audit of the Federal Reserve was carried out in the past few months due to the Ron Paul, Alan Grayson Amendment to the Dodd-Frank bill, which passed last year. Jim DeMint, a Republican Senator, and Bernie Sanders, an independent Senator, led the charge for a Federal Reserve audit in the Senate, but watered down the original language of the house bill (HR1207), so that a complete audit would not be carried out. Ben Bernanke (pictured to the left), Alan Greenspan, and various other   bankers vehemently opposed the audit and lied to Congress about the   effects an audit would have on markets. Nevertheless, the results of   the first audit in the Federal Reserve’s nearly 100 year history were posted on Senator Sander’s webpage earlier this morning. What was revealed in the audit was startling: $16,000,000,000,000.00 (TRILLION) had been secretly given out to U.S. banks and corporations and foreign banks everywhere from France to Scotland. From the period between December 2007 and June 2010, the Federal Reserve had secretly bailed out many of the world’s banks, corporations, and governments. The Federal Reserve likes to refer to these secret bailouts as an all-inclusive loan program, but virtually none of the money has been returned, it was loaned out at 0% interest, and, if they had their way, it would have been kept a complete secret and never would have been disclosed to the American people.


Why the Federal Reserve had never been public about this or even informed the United States Congress about the $16 trillion dollar bailout is obvious - the American public would have been outraged to find out that the Federal Reserve bailed out foreign banks while Americans were struggling to find jobs and American banking institutions (Lehman Bros.) were being allowed to go under.


 To place $16 trillion into perspective, remember that GDP of the United States is only $14.12 trillion. The entire national debt of the United States government spanning its 200+ year history is ‘only’ $14.5 trillion.  The budget that is being debated so heavily in Congress and the Senate is ‘only’ $3.5 trillion. Take all of the outrage and debate over the $1.5 trillion deficit into consideration, and swallow this Red pill: There was no debate about whether $16,000,000,000,000 would be given to failing banks, failing corporations, both domestic and foreign, and foreign governments around the world, and more importantly - NO congressional appropriation to authorize the expenditure.


In late 2008, the TARP Bailout bill was passed and loans of $800 billion were given to failing banks and companies. That was a blatant lie considering the fact that Goldman Sachs alone received 814 billion dollars.  As is turns out, the Federal Reserve donated $2.5 trillion to Citigroup, while Morgan Stanley received $2.04 trillion. The Royal Bank of Scotland and Deutsche Bank, a German bank, split about a trillion and numerous other banks received hefty chunks of the $16 trillion.


-This is a clear case of socialism for the rich and rugged, you’re-on-your-own individualism for everyone else. -   Bernie Sanders(I-VT)

  (actually, this is a clear case of how the oligarchs are irrefutably looting the Treasury)


When you have conservative Republican stalwarts like Jim DeMint(R-SC) and Ron Paul(R-TX) as well as self identified Democratic socialists like Bernie Sanders all fighting against the Federal Reserve, you know that it is no longer an issue of Right versus Left. When you have every single member of the Republican Party in Congress and progressive Congressmen like Dennis Kucinich sponsoring a bill to audit the Federal Reserve, you realize that the Federal Reserve is an entity onto itself, which has no oversight and no accountability.


Americans should be swelled with anger and outrage at the abysmal state of affairs when an unelected group of bankers can create money out of thin air and give it out to megabanks and super-corporations like Halloween candy at what will ultimately be the U.S. taxpayer's expense.  If the Federal Reserve and the bankers who control it believe that they can continue to devalue the savings of Americans and continue to destroy the U.S. economy and currency, they will have to face the realization that their trillion dollar printing presses can be stopped with five dollars worth of bullets.


[Regardless of whether this money is fiat money (money printed with nothing of value to back it), if it is a currency forced on society and the world by the agents of the "We Say So" State, with enforcement by the Fed, IRS, the U.S. military, et al, --which it is--;  the acts of the Federal Reserve are, in essence a lootig of the nation, i.e.: the transfer of greater wealth to the rich insider institutional banks and corporations, while the rest of the world grows poorer through the legalized robbery, as the perceived value of this inherently worthless funny counterfeit money grows less and less in purchasing power and value.


These insider banks, etc., then, exchange this funny money for stock controlling the industrial manufacturing institutions, and the gold and silver supplies (the real money and wealth of the world), which, then, re-inflates the world with more and more devalued counterfeit federal reserve notes.    Ultimately, the excess supply of cheaper dollars chasing fewer goods (in a welfare state fewer people produce as more and more rely on the welfare handouts taken from the ever declining numbers of the productive elements of society that still operate above board instead of underground), then creates hyper-inflation, increasing the cost of all resources and commodities, reducing the value of the dollar even further, while gold and silver climb to never-seen-before levels of value and price.


This is how the Federal Reserve insiders steal the wealth of the world and why the rich get richer while the poor get poorer. It's the world's largest Ponzi scheme! -  Woe to those who are left with the worthless counterfeit notes in the end-game collapse (as in the confederate south, pre-nazi Germany, 1946 Hungary, and most recently, Zimbabwe).  The Federal Reserve is nothing but a front for a small group of very wealthy and deceitful families who run a very large and successful monetary conspiracy through their white collar criminal Ponzi scheme operations.  This criminal institution should be seized by the U.S. Treasury department and all assets frozen, and returned to the coffers of the U.S. Treasury in order to settle the U.S. debt and help begin to balance the U.S. deficit. All banks (listed below) should be forced to return the money received from the Federal Reserve. All families in ownership of the Fed and their agents should be located, caught, tried and jailed for grand larceny and treason against the people of the U.S.A.  All government agents who protect and help facilitate this criminal organization should be fired from the positions and similarly tried and jailed for grand larceny and treason (if found guilty).


Meanwhile, Congress should return our country to its original monetary system of sound money and currency, backed by gold and silver, with gold and silver coin in circulation and use throughout the U.S., and then, once again, do its constitutional duty to regulate the coining of the currency of America, and the value of the dollar, as per the U.S. Constitution, instead of allowing those powers to be unconstitutionally usurped and exercised by the Federal Reserve bank through its being allowed to establish and set the prime rate of interest, which unconstitutionally allows them to establish the value of the dollar around the world.]




The list of institutions that received the most money from the Federal Reserve can be found on page 131 of the GAO Audit and are as follows:  


Institution                                             Amount                          Again, That's:


Citigroup:                                               $2.50 trillion             ($2,500,000,000,000)

Morgan Stanley:                                   $2.04 trillion             ($2,040,000,000,000)

Merrill Lynch:                                       $1.94 trillion             ($1,949,000,000,000)

Bank of America:                                 $1.34 trillion             ($1,344,000,000,000)

Barclays PLC (United King.):            $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 (U.K.):                   $181  billion                 ($181,000,000,000)

BNP Paribas (France):                        $175  billion                 ($175,000,000,000)