I had been able to add up about $8-9 Trillion that the Federal Reserve had disclosed to bail out various domestic and foreign banks, to prop up the sagging stock markets, and to "shore up" the U.S. economy through what Bernanke has euphemistically called "quantitative easing" (simply a disingenuous synonym for "printing money" or "monetizing the national debt").
That was bad enough, being in addition to all the TARP funds, Stimulus funds, and Federal Deficit Spending. The money supply was and is clearly in danger of entering a hyperinflationary cycle.
But, now the Truth is coming out. It's not a paltry $8-9 Trillion that the Federal Reserve under Bernanke and Obama have lavished upon cronies. No. It's over $16 Trillion -- more than twice what we thought! Keep in mind this is in addition to the National Debt of over $16 Trillion. It is completely separate from all the deficit spending of the out of control Federal Government.
It's no wonder that Americans have lost over 40% of their wealth during this same time! It's actually a wonder that we haven't lost it all! The Administration and Federal Reserve together have more than quadrupled the total world supply of dollars in circulation since Obama took office. The only reason we aren't in already in hyperinflation is that so many of these new dollars are being hoarded in reserve by the world's failing corrupt banks and by the business world which is terrified of spending capital in the midst of such insanity.
The Federal Reserve is, indeed, the biggest scam in the history of man. The Federal Reserve is the largest criminal organization on the face of the Earth. We have enabled and ignored a secret (it's never been audited, it's separate and above the U.S. Government, and the "owners/investors" are unknown) cabal that is working on a global level against the interests of the American people.
This should be a scandal of such proportions that it should bring down the Administration and the Federal Reserve in an explosive flash of public outrage. If we had a real and honest news media any more, this should be the topic of every discussion every hour every day until a new Administration is installed. The people at the top of the current Administration and Federal Reserve should go to prison -- and perhaps worse. And the Federal Reserve must be abolished!
The fact that this scourge will be hushed and that only continuing distractions will be debated in the pseudo-media during this election season is a clear sign of the late stages of decline and decay in this nation. Get ready. Things are going to get a great deal worse before they get better.
Read: First Audit Results are Startling!