Sunday, January 2, 2011

U.S. Senate lifts veil on secret bailout funds

By Congressional mandate the Federal Reserve banking cartel was forced to divulge on Dec. 1, 2010, 21,000 lending transactions, that show it disbursed $3.3 trillion from Dec. 1, 2007, to July 21, 2010. It has also been disclosed that numerous institutions and many foreign banks received over $9 trillion off-balance sheet transactions. So $12.3 trillion tax dollars were thrown around in secrecy by unelected bankers… and Congress didn’t know any of the details!?
  • McDonald’s took $203 million from the Federal Reserve
  • Six Minnesota banks received a total $450 million
  • Caterpillar took $733 million from the Federal Reserve
  • The USA based Verizon Communications took $1.5 billion from the Federal Reserve
  • Harley-Davidson received bailout money 33 times, for a total of $2.3 billion
  • The amount injected by loans into Utah-based financial institutions was $6.6 billion
  • $9.6 billion went to the Central Bank of Mexico
  • General Electric Co. needed funding 12 times for a total of $16 billion
  • Deutsche Bank got 73 loans totalling about $76 billion
  • Barclays pulled in $232 billion via 188 loans
  • Goldman Sachs received nearly $600 billion
  • Bear Stearns received just under $1 trillion
  • Morgan Stanley got $1.9 trillion coming from 212 loans
  • Merrill Lynch received $2.1 trillion, spread across 226 loans
  • Citigroup got 279 loans totaling $2 trillion

"I think they [the Federal Reserve], prevented a deep recession for the people who deserved it, the big money people... the Goldman Sachs of the world.”

- - Ron Paul