Home | About Natural News | Contact Us | Write for Natural News | Media Information | Advertise with Natural News | ||||
|
||||
Where Did the Fed's Bailout Money Really Go? Chart Shows Illegal Money TrailBy Mike Adams, November 30, 2008 | Key concepts: Federal Reserve, Financial bailout and Money supply The U.S. government financial bailout effort has reached a mind-blowing $8.5 trillion. But where did all this money go, exactly?A chart at SFGate.com tracks the bailout expenditures, revealing some disturbing facts about the failure of the bailout to solve the lending liquidity problem. For example, the Federal Reserve has already created and dumped $2.1 trillion into the money supply, and it has pledged to create another $3.4 trillion. The SFGate.com chart has one major mistake, however: It implies the Federal Reserve is part of the U.S. government. As the better-informed readers across the internet already know, the Fed is, in fact, a private bank owned by a handful of wealthy individuals who aren't even Americans! It is not a department of the U.S. government, nor does it answer to U.S. law. It is, in a very real sense, a money supply dictatorship that has stolen trillions of dollars worth of purchasing power from U.S. taxpayers in order to bail out the rich bankster friends of Treasury Secretary Henry Paulson. There is no accounting of these funds, and Congress never approved the $5.5 trillion pledged by the Fed, which ultimately comes out of the pockets of taxpayers and consumers due to the money supply inflationary effects. That's why there's a growing backlash against the Federal Reserve. Websites such as www.EndTheFed.us are cropping up on the 'net, and YouTube videos are revealing the shocking truth about the Fed: www.youtube.com/watch?v=3qsJjTaekA8 The Fed is literally destroying the U.S. money supply; destroying your savings and destroying your economic future. Stopping the Fed's runaway creation of fiat money should be the No. 1 priority of U.S. citizens, but for reasons I've described elsewhere, most U.S. citizens are too brainwashed, dumbed-down and gullible to believe they're being royally ripped off by an unprecedented fraud masterminded by a privately-owned bank called the Federal Reserve. Click to read: |
Link to this breaking news item: (copy and paste the following HTML code to your website) |
Receive our Natural Health Newsletter for FREESubscribe now to receive a summary of each day's most important natural health stories, plus get full, free access to the entire archives of books on HealthBookSummaries.You'll also get access to 20+ free downloadable reports and exclusive interviews here on NaturalNews.com. Join over 1.2 million monthly readers. Unsubscribe anytime. Your email privacy is protected. We absolutely do not sell or share email addresses with anyone!
|
|
FREE Natural Health Newsletter
100% free of charge. Unsubscribe anytime. |
Learn the Outrageous Truth about Big Pharma and Natural CuresThe Health Ranger takes on conventional medicine in this top-rated book that dares to tell the truth about natural cures, FDA censorship and Big Pharma domination. See why readers rave about Natural Health Solutions...Click here to learn more » |
How to protect yourself from financial loss when the dollar collapsesThis eight-CD audio seminar by the Health Ranger reveals hard-core financial protection strategies for surviving the next wave of the global financial crisis.Click here to protect yourself now"Guaranteed to deliver the most powerful financial protection advice you've ever seen or your money back!" - Mike Adams, the Health Ranger |
Discover on NaturalNews NaturalPedia™• Federal Reserve•Financial bailout •Money supply |
Related CounterThink CartoonsHow the Financial Bailout Really Works Don't Talk About the National Debt |
This site is part of the Natural News Network © 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011 All Rights Reserved. Privacy | Terms All content posted on this site is commentary or opinion and is protected under Free Speech. Truth Publishing International, LTD. is not responsible for content written by contributing authors. The information on this site is provided for educational and entertainment purposes only. It is not intended as a substitute for professional advice of any kind. Truth Publishing assumes no responsibility for the use or misuse of this material. Your use of this website indicates your agreement to these terms and those published here. All trademarks, registered trademarks and servicemarks mentioned on this site are the property of their respective owners. |