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

Check Out the Fiery Calif. Town Hall that SHATTERS the MSM’s Immi... (Bizpac Review) - The small town of Cudahy, near Los Angeles, got a big surprise at a recent town hall meeting. Officials were hammered by supporte...
Investment Guru Jim Rogers Warns of Governments Controlling Your ... War On Cash And The Demise Of Freedom (Gateway Pundit) - Zero Hedge reports that billionaire commodity guru Jim Rogers has issued several major war...
What is DHS Hiding in Mysterious Contracts? Feds caught in widespread pattern of secrecy regarding sole-source awards (WND) - Just what is the federal government hiding from Americans in its ...
State Dept Whistleblower: Refugee Program ‘Full of Fraud... Refugee specialist wants Trump ban expanded (Infowars) - Whistleblower Mary Doetsch, an ex-State Department official and refugee coordinator, detai...
VIDEO: The Democrats Have Completely Changed Their Minds About th... (Gateway Pundit) - It was only a few years ago when the left was attacking the Tea Party on a daily basis calling them terrorists and extremists despi...
Turkish Airlines Sponsorship Of The NFL Sparks Outrage From Fans! Fans are outraged over the Turkish Airlines sponsorship of the NFL!  (Gateway Pundit) - Millions of Americans are at Super Bowl parties eating spic...

Comments


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

Web Analytics