Banking Elites Stole $1.2 Trillion Thanks to The FedRes!

• Where did the FedRes get the trillions of dollars from? From thin air! They create USD from thin air to give it to their bankster friends, share holders and buy US treasuries. Easily 80% of treasuries are bought by the FedRes now. Americans are made to pay the interest on these treasuries to the FedRes and pay the full loan amount on maturity, when the money is all created out of thin air! It is all a SCAM !
  –
  Banking Elites Stole $1.2 Trillion Thanks to the FED / Is Ben Bernanke Insane? / Biden Tells China “You Are Safe”
  by http://www.thedailybell.com/
  Wall Street Aristocracy Got $1.2 Trillion from the FED
  Fed Chairman Ben S. Bernanke’s unprecedented effort to keep the economy from plunging into depression included lending banks and other companies as much as $1.2 trillion of public money, about the same amount U.S. homeowners currently owe on 6.5 million delinquent and foreclosed mortgages. … according to a Bloomberg News compilation of data obtained through Freedom of Information Act requests, months of litigation and an act of Congress. “These are all whopping numbers,” said Robert Litan, a former Justice Department official who in the 1990s served on a commission probing the causes of the savings and loan crisis. “You’re talking about the aristocracy of American finance going down the tubes without the federal money.” – Bloomberg
  –
  Dominant Social Theme: Ben Bernanke and the Federal Reserve did what needed to be done to save the American banking system.
  Free-Market Analysis: $1.2 trillion loaned out around the world? Actually, the Federal Reserve fraudulently loaned or gave money to Anglosphere financial institutions, international corporations and even governments secretly and planned to keep this from the American public. The public will in reality pay for the free-money giveaway in higher taxes, cuts in services, economic depression and loss of prosperity.
  –
  If a thief breaks into your house and steals all the cash and gold in your safe deposit box but you aren’t aware of the robbery for a few years, did a crime take place? We believe the answer is yes.
  –
  Here is a link to the list of recipients: click here.
  –
  Bernanke May Have to Go for ‘Shock and Awe’
  “If the Fed really is going to go down the route of another round of unconventional policy making, I think they’ve got to go in for, what I called, shock and awe,” Russell Jones, Global Head of Fixed Income Strategy at Westpac Institutional Bank told CNBC on Monday….The recent stock market rout has already wiped out more than 10 percent from major indices. … “If we really are in trouble at the end of the week, I think they’ll have to respond,” Jones said. … Frankly, Bernanke and the Fed are desperately trying to keep a big secret from the American people.  The US has been in a depression since 2009 with the collapse in real estate and the dollar. Only their manipulation of the stock market has kept the American people from seeing, in their portfolio and retirement plan statements, how bad the situation really is. – CNBC
  –
  Dominant Social Theme: We must throw more money at the problem than we did with QE 1 and 2 to prime the pump and support the economy until something works out.
  Free-Market Analysis: Ben Bernanke is insane.  Albert Einstein described insanity as doing the same thing over and over again and expecting different results. Yes, QE 1 & QE 2 helped to make the fake economic statistics a little better but at what cost in added sovereign debt and ushering in the dollar collapse while prolonging the depression?
  –
  The new “shock and awe” QE 3, 4, 5, 6, etc. will not end the depression.  The result will be identical to QE 1 and 2.
  –
  While the Anglo-American elites could create a short-term solution with a major war, we suggest a return to free-market economic principles, an end to the Fed and the election of Ron Paul as president of the US in 2012. There is no reason for a military conflict with thousands of causalities just to get the economy moving and hide the mistakes of the Federal Reserve and Wall Street.
  –
  Biden: China’s U.S. Assets Are Safe Despite Downgrade
  Biden also made the case for continued U.S. economic vitality despite current budget woes and sought to reassure China’s leaders and ordinary citizens about the safety of their assets in the United States following the downgrading of America’s credit rating. “You’re safe,” Biden told students in a question-and-answer session following a speech at Sichuan University in the southwestern city of Chengdu.” – Huffington Post
  –
  Dominant Social Theme: America is making real economic progress in controlling our sovereign debt problems. We just need more time to get our financial house in order.
  Free-Market Analysis: We always enjoy following Joe Biden as he plays his part as a “regular Joe” to perfection in the US and around the world. But behind the sound bites and humor, the US is playing a deadly financial game of “false promises” and “trust us” to a China demanding actions instead of word games. The US government is paralyzed and unable to do more than talk and delay the inevitable future default or inflationary solution to the American Treasury debt problem.
  –
  This is an interesting political game of chicken being played out by American and Chinese leaders at the highest levels. Who will chicken out first? Will China begin to dump American debt or will America start to inflate their sovereign debt away by inflation and dollar collapse.  Either course of action will have the same outcome on both nations.  The politicians involved or in power in both countries will be repudiated and the world will be plunged into an even more severe sovereign debt and currency crisis.
  –
  … for the full article click here!

end