9-11 Inside Job

World Trade Center Buildings 1, 2 & 7

Fell in Free Fall Time (as if with no resistance)

IMPOSSIBLE WITHOUT EXPLOSIVES

Top 9-11 Articles & Videos


9-11 What You Are Not Being Told Videos

Videos Re: Secret Government

WTC 7 Website

Everybody's Gotta Learn Sometime

Report: Magnet and PDA Sufficient to Change Votes on Voting  Machines

Al-qaeda Is Creation of Bushites and Mass Media

Good 9-11 Truth Video


What Top Players Say about 9-11
The Category of Terror

9/11: Re-examining the 3 WTC High-rise Building "Collapses"


NIST Admits Total Collapse of Twin Towers is Unexplainable


Dr. David Ray Griffin Interview in Copenhagen


New Eyewitnesses to WTC Basement Explosions


Full Movie: How Indeed Did The Twin Towers Collapse?


Barry Jennings Was Witness to WTC 7 Controlled Demo


Patriots Question 9-11 Website


Did Flight 93 Crash in Shanksville, Pa.?


NYC Emergency Service Director-WTC 7 Was Controlled Demo


Hunt Boeing-Shanksville Edition


9-11 Case against Cheney


Analyst: al-Qaeda Tapes Doctored by US Company


WTC 7 Security Official Details Explosions in WTC 7


WTC 7 Set Up for Controlled Demolition for Morning of 9-11


Cheney Was in Command of NORAD on 9-11 Video


Mineta Confirms Cheney Ordered 9-11 Stand-Down


9-11 NIST Report Debunked


9-11 Asbestos Contamination-A Website to Help You


9-11 CNN and Fox Live Video Coverage


Rumsfeld on 9-11: An Enemy Within


9-11 Must Watch Truth Videos


WTC Slow Motion Video-Floors Being Blown Out


Mark Crispin Miller-No to Holt Bill Video


Theft of 2004 Election-What You Must Believe


Jim Fetzer on Hannity & Colmes Re: 9-11 Video


Cutter Charges Confirmed at WTC


NIST Confronted over 9-11

 
WTC Controlled Demolitions-Video


Bush Told of 9-11 Attack Before He Left Florida Hotel


Many Explosions in WTC


Rare WTC 7 Video-Limited Fires


FBI-No Hard Evidence Connecting Bin Laden to 9-11


Open Complicity-Anatomy of 9-11 Cover-Up Video


Professor Jones 10 Part 9-11 Truth Video


CNN Reports Complete Disinfo on 9-11 Video


9-11 and the Evidence


USAF Stand Down on 9-11


Third Stage- Very Good Short 9-11 Truth Video


9-11 Video: WTC Loaded with Explosives


9/11 'Smoking Guns'


9/11 Report: A 571-Page Lie


9-11 Growing Skepticism


Pentagon Official Story is False-Video


WTC 7 The Smoking Gun of 9-11 Video


Flight 93 Crash Site Video-No Plane


Alex Jones-9-11 Holes Video


Webmaster Talks on 9-11

 
Morgan Reynolds Talk on 9-11

  • Expert on Record-Bin Laden Confession a Fake
    CNN Live Report- No Airplane at Pentagon
    Mineta Testimony on Cheney Stand Down/shoot Down Censored

  • 9-11: Case Not Closed Yet

  • 9-11 Mock Trial-Wing TV
    9-11 Research Website Links

  • 9-11 Mystery Movie

  • Loose Change-Final Cut

  • Underlying Politics of 9-11 (Part I)

  • Underlying Politics of 9/11 (Part II)

  • The Category of Terror

  • Webster Tarpley’s Talk on 9-11

  • The 9/11 Commission Report was a Fraud

  • Why Did WTC Collapse?

  • Comments on the Pentagon Strike

  • Hacking Democracy (HBO Special)

  • Diebold Whistleblower Video

  • Video Showing Ease of Hacking Diebold Machine

  • 16 Trillion Dollar Bailout The Federal Reserve Handed
    To The Too Big To Fail Banks

    Bookmark and Share   
     Have You Heard About The 16 Trillion Dollar Bailout The Federal Reserve Handed To The Too Big To Fail Banks?

    What you are about to read should absolutely astound you. During the last financial crisis, the Federal Reserve secretly conducted the biggest bailout in the history of the world, and the Fed fought in court for several years to keep it a secret. Do you remember the TARP bailout? The American people were absolutely outraged that the federal government spent 700 billion dollars bailing out the "too big to fail" banks. Well, that bailout was pocket change compared to what the Federal Reserve did. As you will see documented below, the Federal Reserve actually handed more than 16 trillion dollars in nearly interest-free money to the "too big to fail" banks between 2007 and 2010. So have you heard about this on the nightly news? Probably not. Lately Bloomberg has been reporting on some of this, but even they are not giving people the whole picture. The American people need to be told about this 16 trillion dollar bailout, because it is a perfect example of why the Federal Reserve needs to be shut down. The Federal Reserve has been actively picking "winners" and "losers" in the financial system, and it turns out that the "friends" of the Fed always get bailed out and always end up among the "winners". This is not how a free market system is supposed to work.

    According to the limited GAO audit of the Federal Reserve that was mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act, the grand total of all the secret bailouts conducted by the Federal Reserve during the last financial crisis comes to a whopping $16.1 trillion.

    That is an astonishing amount of money.

    Keep in mind that the GDP of the United States for the entire year of 2010 was only 14.58 trillion dollars.

    The total U.S. national debt is only a bit above 15 trillion dollars right now.

    So 16 trillion dollars is an almost inconceivable amount of money.

    But some other dollar figures have been thrown around lately regarding these secret Federal Reserve bailouts. Let's take a look at them and see what they mean.

    $1.2 Trillion

    A recent Bloomberg article made the following statement....

    The $1.2 trillion peak on Dec. 5, 2008 -- the combined outstanding balance under the seven programs tallied by Bloomberg -- was almost three times the size of the U.S. federal budget deficit that year and more than the total earnings of all federally insured banks in the U.S. for the decade through 2010, according to data compiled by Bloomberg.

    The $1.2 trillion figure represents the peak outstanding balance on these loans, not the total amount of all the loans. On December 5, 2008 the "too big to fail" banks owed this much money to the Federal Reserve. Many of them could not pay these short-term loans back right away and had to keep rolling them over time after time. Each time a short-term loan got rolled over that represented a new loan.

    $7.7 Trillion

    Bloomberg is reporting that the Federal Reserve had made a total of $7.77 trillion in financial commitments to the big banks by the end of March 2009....

    Add up guarantees and lending limits, and the Fed had committed $7.77 trillion as of March 2009 to rescuing the financial system, more than half the value of everything produced in the U.S. that year.

    But as mentioned above, a one-time limited GAO audit of the Federal Reserve that was mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act covered an even broader time period and revealed even more bailout loans.

    According to the GAO audit, $16.1 trillion in secret loans were made by the Federal Reserve between December 1, 2007 and July 21, 2010. The following list of firms and the amount of money that they received was taken directly from page 131 of the GAO audit report....

    Citigroup - $2.513 trillion
    Morgan Stanley - $2.041 trillion
    Merrill Lynch - $1.949 trillion
    Bank of America - $1.344 trillion
    Barclays PLC - $868 billion
    Bear Sterns - $853 billion
    Goldman Sachs - $814 billion
    Royal Bank of Scotland - $541 billion
    JP Morgan Chase - $391 billion
    Deutsche Bank - $354 billion
    UBS - $287 billion
    Credit Suisse - $262 billion
    Lehman Brothers - $183 billion
    Bank of Scotland - $181 billion
    BNP Paribas - $175 billion
    Wells Fargo - $159 billion
    Dexia - $159 billion
    Wachovia - $142 billion
    Dresdner Bank - $135 billion
    Societe Generale - $124 billion
    "All Other Borrowers" - $2.639 trillion

    This report was made available to all the members of Congress, but most of them have been totally silent about it. One of the only members of Congress that has said something has been U.S. Senator Bernie Sanders.

    The following is an excerpt from a statement about this audit that was taken from the official website of Senator Sanders....

    "As a result of this audit, we now know that the Federal Reserve provided more than $16 trillion in total financial assistance to some of the largest financial institutions and corporations in the United States and throughout the world"

    So where is everyone else?

    Why aren't leading Republicans and leading Democrats crying bloody murder over this report?

    This scandal should have been front page news for months when it was revealed.

    But it wasn't.

    And Guess what?

    Not only did the Federal Reserve give 16.1 trillion dollars in nearly interest-free loans to the "too big to fail" banks, the Fed also paid them over 600 million dollars to help run the emergency lending program. According to the GAO, the Federal Reserve shelled out an astounding $659.4 million in "fees" to the very financial institutions which caused the financial crisis in the first place.

    In addition, it turns out that trillions of dollars of this bailout money actually went overseas. According to the GAO audit, approximately $3.08 trillion went to foreign banks in Europe and in Asia.

    So why were our dollars being used to bail out foreign banks while tens of millions of American families were deeply suffering?

    That is a very good question.

    Also, it is important to remember that many of these bailout loans were made at below market interest rates, and this enabled many of these financial institutions to rake in huge profits.

    According to a recent Bloomberg article, the big banks brought in an estimated $13 billion by taking advantage of the Fed’s below-market rates....

    While the Fed’s last-resort lending programs generally charge above-market interest rates to deter routine borrowing, that practice sometimes flipped during the crisis. On Oct. 20, 2008, for example, the central bank agreed to make $113.3 billion of 28-day loans through its Term Auction Facility at a rate of 1.1 percent, according to a press release at the time.

    The rate was less than a third of the 3.8 percent that banks were charging each other to make one-month loans on that day. Bank of America and Wachovia Corp. each got $15 billion of the 1.1 percent TAF loans, followed by Royal Bank of Scotland’s RBS Citizens NA unit with $10 billion, Fed data show.

    So once the financial crisis was over, were adjustments made to the financial system to make sure that this type of thing would never happen again?

    Of course not.

    Today, the "too big to fail" banks are larger than ever. The total assets of the six largest U.S. banks increased by 39 percent between September 30, 2006 and September 30, 2011.

    So now they are more "too big to fail" than ever.

    But this is what happens when we allow unelected central bank bureaucrats to run our financial system.

    Most Americans do not realize this, but the truth is that the Federal Reserve is not part of the government. In fact, it is about as "federal" as Federal Express is. The Federal Reserve has admitted that they are a privately owned institution in court many times, and you can see video of a Federal Reserve employee admitting that the Federal Reserve is privately owned right here.

    The Federal Reserve is an out of control monster that is throwing around trillions of dollars whenever it wants to. Nobody should be allowed to do this. Nobody should be allowed to give bailouts to banks and corporations without the express permission of the U.S. Congress and the president of the United States.

    This is a point that I made in my article yesterday. The Federal Reserve decided this week that it is going to provide "liquidity support" to Europe. If the American people do not like this move, that is just too bad. We do not get a say in the matter.

    Are you starting to understand why I keep pushing the idea that it is time to shut down the Federal Reserve?

    Please share this information about the secret 16 trillion dollar Federal Reserve bailout with your family and your friends.

    If we can get enough people to wake up, perhaps there is still time to change the direction that this country is headed.
    http://theeconomiccollapseblog.com/archives/have-you-heard-about-the-16-trillion-dollar-bailout-the-federal-reserve-handed-to-the-too-big-to-fail-banks

    Google Translation

    If Languages do not appear in  boxes, put cursor over box

    Deutsch Espanol Francais Italiano Portugues Russian Arabic Japanese Korean Simplified Chinese Learn More  


    Welcome to those Readers
    outside of the U.S.. Please
    use the Google Application above.
    only search This Site


    _________________
    Featured Articles

    & Videos
    _________________

     
    Interview with Naomi Wolf author of "Give Me Liberty: A Handbook for American Revolutionaries"



    Zeitgeist Movie-New Version-Monetary System Exposed


    Top Archived

    Articles and Videos

    Everybody's Gotta Learn Sometime

    Evolution of Evil-Plutocracy Controls Politics

    How Israel Duped U.S. into Fighting their Wars

    Bush's Martial Law Plan-He Will Not Show to Congress   

    Why Dems Will Not Impeach-by Joe, Webmaster

    History of Money-What Banks Don't Want You to Know

    Dual Citizenship-Loyal to Whom

    Who Is Congress Listening To? Not Us. Then Who?

    Coming Fiscal Doom

    Bush Family Connection to JFK Assasination-Must
    Watch

    Creeping Fascism: From Nazi Germany to Post 9-11 USA

    Al-qaeda Is Creation of Bushites and Mass Media

    9-11 Truth Manifesto-Article V Constitutional Convention

    9-11, Iraq, PNAC-All Roads Lead to Israel

    Impending Destruction of US Economy



    Just Foreign Policy Iraqi Death Estimator

    Mega Lie-War on Terror

    10 Films the US Government Would Rather You Not See

    All Roads Lead to Dick Cheney

    Averting WWIII-Ending Dollar Hegemony and Imperialism

    Neocons Use of False Narratives

    Why Dems Took Impeachment of Cheney Off Table

    AIPAC'S Power Base

    Rapture Ready Video: Christians United for Israel

    End of America-Talk by Naomi Wolf

    Federal Reserve Bank Scam Video-Easily Understood

    Money Masters-Part 1

    Money Masters-Part 2

    Depleted Uranium Atrocity Video

    Iran President on Holocaust-Video

    Overthrow: America's Century of Regime Change Video

    Essential Films on Globalization

    Scott Ritter-Middle East Abyss-Videos

    Bush Knew Sadam Had No WMD's

    Lie of Century-All Wars Are Based on Deception


    The Biggest Scam in History

    Israeli Neocon Connection Video

    Open Complicity-Anatomy of 9-11 Cover-Up Video-MUST WATCH

    Israeli Lobby-Portrait of a Great Taboo-Video

    Top Federal Reserve Bank Scam Articles and Videos

     

    Bill Moyers' Talk on Media Reform-Part 1