One 77-year-old’s search for the truth: 9/11, election fraud, illegal wars, Wall Street criminality, a stolen nuke, the neocon wars, control of the U.S. government by global corporations, the unjustified assault on Social Security, media complicity, and the "Great Recession" about to become the second Great Depression. "The most important truths are hidden from us by the powerful few who strive to steal the American dream by keeping We the People in the dark."
Friday, December 03, 2010
Senator Bernie Sanders Uncovers a Previously Unadmitted Loan of Taxpayer Money to the Big Banks
Blogger's Note: This stunning announcement by Sen. Bernie Sanders (Vermont) arrived by e-mail yesterday.
December 2, 2010
A Jaw Dropper
Forced to come clean by a Sanders amendment to the Wall Street reform law, the Federal Reserve detailed $3.3 trillion in emergency loans and other financial assistance to banks and big businesses during the financial crisis. As The Wall Street Journal put it, "the white-haired Vermont independent led a fight against the Federal Reserve and won." Wall Street bankers and big corporations, like GE and Toyota, tapped into the once-secret source of fat-cat cash from the Fed. Bernie's amendment also ordered the Government Accountability Office to conduct a top-to-bottom audit of the central bank.