Let us all bow our heads and give thanks to the Federal Reserve and mostly Democratic Congresses for making this chicken feed available through money printing and appropriations. God Bless them. Amen.
Surely that chicken feed pales in comparison ... 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.
Was wondering if you got a chance to see the link I put up to "War is a Racket" over at TTAG - Lt. Col Butler was absolutely correct about war back then and his words are just as applicable today.
Let us all bow our heads and give thanks to the Federal Reserve and mostly Democratic Congresses for making this chicken feed available through money printing and appropriations. God Bless them.
ReplyDeleteAmen.
Surely that chicken feed pales in comparison ...
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.
http://theeconomiccollapseblog.com/arch ... fail-banks
orlin sellers
Hey Mike -
ReplyDeleteWas wondering if you got a chance to see the link I put up to "War is a Racket" over at TTAG - Lt. Col Butler was absolutely correct about war back then and his words are just as applicable today.
I did see that and I liked it.
Delete