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Fed Audit's Initial Report Reveals Trillions in Secret Loans

Posted by timothy on from the go-ahead-have-a-cabal dept.

An anonymous reader writes "The first top-to-bottom audit of the Federal Reserve uncovered eye-popping new details about how the U.S. provided a whopping $16 trillion in secret loans to bail out American and foreign banks and businesses during the worst economic crisis since the Great Depression."

5 of 499 comments (clear)

  1. Ron Paul 2012 by rcb1974 · · Score: 4, Funny

    nuff said.

    1. Re:Ron Paul 2012 by rubycodez · · Score: 2, Funny

      We became a superpower while on the gold standard; your statement is absurd.

    2. Re:Ron Paul 2012 by HeckRuler · · Score: 1, Funny

      It'll be hilarious to see their souls crushed when it pops though. That's right, Glen Beck lied. Gee, what were the odds?

    3. Re:Ron Paul 2012 by blue+trane · · Score: 1, Funny

      So the value of knowledge goes down the more there is of it?

  2. Re:Bravo! by Anonymous Coward · · Score: 2, Funny

    Now let's put these criminals who've stolen trillions from the American people behind bars.

    Oh wait.

    They're already behind bars... of gold.