Monday, August 8, 2011

Audit of Federal Reserve Results - $16 Trillion Secretly Given to U.S. & Foreign Banks and Corporations

On the eve of a rocky week for the U.S. stock market, the first audit ever of the Federal Reserve's 100 year history has been completed as a result of the Ron Paul and Alan Grayson Amendment to the Dodd-Frank bill. Brace yourselves! The transfer of wealth that took place back in 2008 when Congress was blackmailed with threats of a stock market crash resulted in a $16 trillion dollar robbery of U.S. taxpayer funds. This is what $16 trillion looks written out: $16,000,000,000,000.  This staggering amount is $2 trillion more than the national debt of the United States government for its entire 200+ year history!  
"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 and it was loaned out at 0% interest. 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."  Audit of the Federal Reserve Reveals $16 Trillion in Secret Bailouts - Unelected.org
It's clear now that the Federal Reserve is a criminal conglomerate of private bankers who are working towards a one world government banking and government system. The Fed essentially blackmailed the U.S. congress to steal U.S. taxpayer money for wealth redistribution around the world as "free money".  These banks and corporations pay no interest on the alleged loan they received nor are required to pay it back.  What this proves is essentially there's a rich man's International bankers club where the Federal Reserve just handed their pals free money.

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.
Citigroup: $2.5 trillion ($2,500,000,000,000)
Morgan Stanley: $2.04 trillion ($2,040,000,000,000)
Merrill Lynch: $1.949 trillion ($1,949,000,000,000)
Bank of America: $1.344 trillion ($1,344,000,000,000)
Barclays PLC (United Kingdom): $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 (United Kingdom): $181 billion ($181,000,000,000)
BNP Paribas (France): $175 billion ($175,000,000,000)
and many many more including banks in Belgium of all places
These free money payoffs seem to be a bribe for cooperation in forming a worldwide banking system.  It's really sad the average American has no idea what's been done to their country through the ruthless criminal activities of the Federal Reserve that essentially stole their futures out from under them.  In spite of many angry Americans' cries for them not to do so, the U.S. politicians still voted to hand over their money on a silver platter indicating a certain corroboration with the Fed. 
 
Let's try to put this crime in perspective: 
"If you were to bring this crime down to a personal level, it would be similar to your parents stealing your college education fund and future career.  This act of betrayal would occur after your parents waited for the fruition of all of your hard labor in their having full intentions of stealing your college fund money.  Your parents intended on using the money for cruises, vacations and new cars while you were later reduced to a low wage laborer who had no college education."

The Federal Reserve Bank has demonstrated itself as nothing more than a criminal organization that has stolen enormous wealth from America.  Ever since the 1913 Federal Reserve Act was passed, it has printed out fiat paper without any value backing it thus enslaving us all to an illusion of wealth. The Federal Reserve likely views any savings Americans have in the bank as their debt-owed money they can confiscate at any time through the banking system.

It's as clear as day for anyone to see these bankers think they own our country, our money and can do whatever they so please with us.  In reality, all these Fed private bankers are really a huge counterfeit money making operation where they print out money from nothing who then create schemes to make it all appear valuable.

U.S. politicians have likely been completely owned by the Federal Reserve banking system they've been answering to for decades.

Related sources:

Source: http://www.gao.gov/products/GAO-11-696
FULL PDF on GAO server: http://www.gao.gov/new.items/d11696.pdf
Senator Sander’s Article: http://sanders.senate.gov/newsroom/news/?id=9e2a4ea8-6e73-4be2-a753-62060dcbb3c3