Federal Reserve Still Giving Away Billions

April 13, 2011 11:00 pm  

Federal Reserve Forking over $220 Million in Bailout Bucks!

(Rolling Stone) – Why is the Federal Reserve forking over $220 million in bailout money to the wives of two Morgan Stanley bigwigs? America has two national budgets, one official, one unofficial. The official budget is public record and hotly debated: Money comes in as taxes and goes out as jet fighters, DEA agents, wheat subsidies and Medicare, plus pensions and bennies for that great untamed socialist menace called a unionized public-sector workforce that Republicans are always complaining about. According to popular legend, we’re broke and in so much debt that 40 years from now our granddaughters will still be hooking on weekends to pay the medical bills of this year’s retirees from the IRS, the SEC and the Department of Energy.

Why Isn’t Wall Street in Jail?

Most Americans know about that budget. What they don’t know is that there is another budget of roughly equal heft, traditionally maintained in complete secrecy. After the financial crash of 2008, it grew to monstrous dimensions, as the government attempted to unfreeze the credit markets by handing out trillions to banks and hedge funds. And thanks to a whole galaxy of obscure, acronym-laden bailout programs, it eventually rivaled the “official” budget in size

RYAN: 'Dramatically inaccurate,' 'hopelessly inadequate'...
America Must Define and Protect Freedom

Top Stories

Scarborough Rips GOP Establishment: Have ‘Wasted Billions’ Ov... (Breitbart) - Tuesday on MSNBC’s “Morning Joe,” host Joe Scarborough criticized the Republican Party establishment for its track record in selec...
Edward Snowden: Governments Can Transform People Into ‘Tagg... (The Intercept) - I've been waiting 40 years for someone like you.” Those were the first words Daniel Ellsberg spoke to me when we met last year. Da...
SSA Putting Millions of Americans at Risk for Identity Theft Agency correspondence uses Americans full Social Security Numbers (Free Beacon) - The Social Security Administration puts millions of Americans at ...
CIA ‘Live Tweets’ Bin Laden Raid; Many Twitter Users Unimpres... (CNS News) - The Central Intelligence Agency used its Twitter feed Sunday to re-enact in “real time” (plus five years) the May 1, 2011 raid that l...
One Year of Silence on Hillary Clinton Uranium Deal (Breitbart) - For more than a year, the mainstream media has failed to ask Hillary Clinton some very basic questions about a series of extremely troub...
Major Zika Fail! Feds Busted for ‘Lazy’ Response Agency obsessed with 'salt, alcohol, guns, football' but 'forgot to protect us from diseases' (Conservative Review) - In the wake of the surprising...

Comments


Please help us stay spam-free. Mouse over a spam post and click the X to report spam.