Thursday, July 28, 2011

The Fed Audit

This will be a really short post regarding the Fed, an entity BRT has written about ad nauseam as the cartel protected by government. The Bernie Sanders article regarding auditing the Fed is guaranteed to anger anyone with half a brain in seeing just how venal and corrupt this "institution" truly is.

"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."

No more will be said in this blurb save that if you want to see the GAO report detailing the transgressions, click here.
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