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Cebu_4_2
18th September 2012, 11:21 AM
Just got this in my email.

GAO audits our Federal Reserve and finds that $16 trillion has been stolen... (read)

While homeowners continue to struggle to stay in their properties and are en-mass refused relief sought under federal programs the national conventional media fails to report on the single most important economic discovery ever in the short history of the USA. The banks have robbed $16 trillion from the fed. RealtyTimes states in a recent article that the current annual cost of foreclosures to the economy is S120 billion ( http://realtytimes.com/rtpages/20090316_foreclosure.htm (Link->http://realtytimes.com/rtpages/20090316_foreclosure.htm) ). Pennies compared to the massive robbery
which will now continue to occur with QE3. The elite are the ones on entitlement programs.
$16 trillion already and now another $40 billion per month in corporate welfare. Track this QE3 money...Where is it going people.. It buys bad MBS investments from the already wealthy investors. These MBS's don't own any mortgage notes. They have to lie and cheat to foreclose on a property because of the fraud they've already committed in the handling of the securitization of the mortgages. And, they've already been paid for most of the defaulted mortgages through credit default swaps that they made the government pay for AIG. Robo-fraud, farcical assignments, fraudulent substitutions of new trustees (who are really foreclosure mills or companies owned by the servicers like recontrust and sam white).. The lifestyles of many of the uber rich are on continuous tax-payer sponsored life support and Ben Bernanke is letting it happen. These guys have their huge vampirous fangs into all of our futures. Their bonuses, mansions and yachts are being paid for with secret corporate welfare checks cashed on the fed. Their homes in Vail and Monaco are paid for with Federal Reserve food stamps. The checks are just much larger and to qualify, you must already be rich but in fear of being poor or you must have completely f&*ked up a big bank or a public company, or you can also be a huge foreign bank owner who bought this wall street toxic MBS caca. Also to qualify you can simply fix the Libor rate for your rich buddies. While Romney runs around the country describing Obama supporters (as well as other fence sitters) as "non-tax paying" entitlement groveling socialist maggots, his buddies and super-Pac funding sources are on fed funded corporate welfare straw sucking the life-blood out of posterity. The executives running these banks (into the f*&king ground) take houses from middle class struggling Americans (struggling, by the way because of what the bankers did to the most robust economy on the planet) and then get on their own secret welfare programs and then have our own government officials tell us that an audit of the fed is unnecessary. Thank you Ron Paul for championing this cause. More failed trickle down garbage IMHO. The ponzi scheme continues.. What was revealed in the audit was startling: The list of institutions that received the most money from the Federal Reserve can be found on page 131of the GAO Audit and are as follows..

Citigroup: $2.5 trillion ($2,500,000,000,000)
Morgan Stanley: $2.04 trillion ($2,040,000,000,000)
Merrill Lynch: $1.949 trillion ($1,949,000,000,000)
Bank of America: $1.344 trillion ($1,344,000,000,000)
Barclays PLC (United Kingdom): $868 billion ($868,000,000,000)
Bear Sterns: $853 billion ($853,000,000,000)
Goldman Sachs: $814 billion ($814,000,000,000)
Royal Bank of Scotland (UK): $541 billion ($541,000,000,000)
JP Morgan Chase: $391 billion ($391,000,000,000)
Deutsche Bank (Germany): $354 billion ($354,000,000,000)
UBS (Switzerland): $287 billion ($287,000,000,000)
Credit Suisse (Switzerland): $262 billion ($262,000,000,000)
Lehman Brothers: $183 billion ($183,000,000,000)
Bank of Scotland (United Kingdom): $181 billion ($181,000,000,000)
BNP Paribas (France): $175 billion ($175,000,000,000)
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