Carlin: Wall Street Owns Washington

Fed Preparing MASSIVE U.S. Dollar Devaluation And Bank Runs!


Description:
The Fed Audit

The first top-to-bottom audit of the Federal Reserve uncovered eye-popping new details about how the U.S. provided a whopping $16 trillion in secret loans to bail out American and foreign banks and businesses during the worst economic crisis since the Great Depression.

An amendment by Sen. Bernie Sanders to the Wall Street reform law passed one year ago this week directed the Government Accountability Office to conduct the study. “As a result of this audit, we now know that the Federal Reserve provided more than $16 trillion in total financial assistance to some of the largest financial institutions and corporations in the United States and throughout the world,” said Sanders. “This is a clear case of socialism for the rich and rugged, you’re-on-your-own individualism for everyone else.”

Sources:
http://pixabay.com/en/backdrop-backgr…
http://www.newyorkfed.org
http://www.amazon.com/Money-GPS-Guidi…
http://www.amazon.com/End-Fed-Ron-Pau…
http://www.sanders.senate.gov/newsroo…
http://pixabay.com/en/choice-elect-el…

Fed’s Tarullo details plans to counter bank runs

Global regulators need more policy tools to counter the risk of devastating bank runs and should have powers over a wide array of market participants, U.S. Federal Reserve Governor Dan Tarullo said on Friday.

“There is a need to supplement prudential bank regulation with a third set of policy options in the form of regulatory tools that can be applied on a market-wide basis,” Tarullo said at a conference on shadow banking.

http://www.cnbc.com/id/101222045


  • America No More

    Read the Obama prophecies, things are going to go from bad, to much worse! revelation12 dot ca

  • Kepano24

    i see these stories all the time on all the sites…..But here is what the stupid author doesnt tell anyone….they keep telling us “the dollar is worthless”, and this article say “devaluation” meaning worthless……SO WHY THE HELL ARE YOU WANTING US TO PULL MONEY OUT OF THE BANK IF ITS WORTHLESS? ANYONE? ANYONE? Im starting to think these people are trying to just merely hurt the banks and tell people to pull their money out, cuz why would we pull useless paper out??????? Of course no one will answer, my comment will be gone soon, as they do on liberal sites, they dont tell you the whole truth just like the big media

    • KORGG

      If there is a only a bank run , you will have your cash if you pull it out. If the dollar crashes , hopefully you will have removed your money from the banks and traded the increasingly worthless dollars for actual assets .

    • musivick

      they mean your dollars are eaten away by inflation of the amount of dollars in circulation (necessary things will cost more)

      they mean Pull Out your less valuable dollars BEFORE the Bank Bail-In’s occur or you will lose some 80% of the less valued Dollars you have stashed in the ‘safety’ of a bank account (with both happening you theoretically will not have the $10 for a gallon of milk or the $5 for a can of soup that you scrimped for just last week)

    • How Not To Play The Game

      Keep your money in the bank then. Like the people in 1933 did. No problem. Your government and your bank would never put the screws to you.

  • benth163

    That boy in the video is spouting the same old crap we’ve heard for more than a few years now. I thought this blog was going to offer something new, to get our teeth into. NOT !!!

  • R

    Kepano24: use your worthless money and by assets like gold silver? Just an idea. Hehe