November 10, 2008

Fed refuses to identify who got $2 TRILLION in loans

Defying the will of Congress that emergency loans be transparent, the federal reserve bank is refusing to identify who got almost two TRILLION dollars in loans and what security or collateral was put up to secure those loans.

Two trillion dollars of US taxpayer money has gone out the door and no one but the fed knows who got it!

I warned back in March of this year that the USA was going to have a financial meltdown in September and it happened. I also warned in March of this year that the federal government would financially collapse by February of 2009.

With nonsense like this two trillion debacle making headlines, look for a US government financial collapse very soon. The world will not tolerate the printing of money and will, in short order, rebuke our currency.

Full details Here