Four trillion in secret loans

June 14, 2012 | By | Reply More

Keep in mind that all of the U.S. tax receipts for an entire year are only two trillion dollars. Now read this:

“”This report reveals the inherent conflicts of interest that exist at the Federal Reserve.  At a time when small businesses could not get affordable loans to create jobs, the Fed was providing trillions in secret loans to some of the largest banks and corporations in America that were well represented on the boards of the Federal Reserve Banks.  These conflicts must end,” [Senator Bernie] Sanders said.”

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Category: Corporatocracy, Corruption, Fraud

About the Author ()

Erich Vieth is an attorney focusing on consumer law litigation and appellate practice. He is also a working musician and a writer, having founded Dangerous Intersection in 2006. Erich lives in the Shaw Neighborhood of St. Louis, Missouri, where he lives half-time with his two extraordinary daughters.

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