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You are here News Economy The Looting Of America: The Federal Reserve Made $16 Trillion In Secret Loans To Their Bankster Friends And The Media Is Ignoring The Eye-Popping Corruption That Has Been Uncovered

The Looting Of America: The Federal Reserve Made $16 Trillion In Secret Loans To Their Bankster Friends And The Media Is Ignoring The Eye-Popping Corruption That Has Been Uncovered

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A one-time limited GAO audit of the Federal Reserve that was mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act has uncovered some eye-popping corruption at the Fed and the mainstream media is barely even covering it.  It turns out that the Federal Reserve made $16.1 trillion in secret loans to their bankster friends during the financial crisis.  You can read a copy of the GAO investigation for yourself right here.  These loans only went to the "too big to fail" banks and to foreign financial institutions.  Not a penny of these loans went to small banks or to ordinary Americans.  Not only did the banksters get trillions in nearly interest-free loans, but the Fed actually paid them over 600 million dollars to help run the emergency lending program.  The GAO investigation revealed some absolutely stunning conflicts of interest, and yet the mainstream media does not even seem interested.  Solid evidence of the looting of America has been put right in front of us, and yet hardly anyone wants to talk about it.

The Federal Reserve was just creating gigantic piles of cash out of thin air and throwing them around with wild abandon.

But it just wasn't U.S. banksters that were showered with nearly interest-free loans.  It turns out that approximately $3.08 trillion went to foreign financial institutions all over Europe and Asia.

So who in the world gave the Federal Reserve permission to bail out financial institutions all over the world?

Nobody did.

But under our current system the Federal Reserve doesn't have to get permission.  They literally get to do whatever they want.

TVNL Comment: The Fed is a private company. It is the biggest conspiracy in our nation and it is right in front of our eyes. Anyone who looks into it can see the conspiracy. Yet they are so powerful nobody wants to try to stop them. The last president who tried was murdered, John F. Kennedy. He issued an executive order essentially ending the Fed. Any president can execute that order. None have or they would die. The system is rigged from top to bottom and every so called elected official is part of the conspiracy, even if they don't know it.

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