An AMAZING fact: The Federal bailout is more than the cost of the First World War, the Second World War, the Korean War, the Vietnam War, Marshall Plan,Â the New Deal, the Invasion of Iraq, and landing on the moon COMBINED!
And, with this bailout Obama has nearly created more debt than ALL the previous presidents COMBINED.
Dr. Paul is now the Chairman of the Congressional subcommittee overseeing the Federal Reserve, which as you may know, is a private entity yet largely responsible for our economic policies.
People in general have been largely ignorant of how the Federal Reserve and our monetary- and economic system works, which has given them more or less free reign to run the show any which way they pleased. Fortunately, people are starting to catch on as the financial collapse brought the issue front and center.
At that time, many began to investigate and educate themselves further to understand what was happening.
Still, the conventional media have virtually ignored many of these issues, particularly the issue of international banks being on the receiving end of trillions of dollars of bailout money, which Public Record has dubbed "the biggest scam in world history."