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The 12.8 Trillion Dollar Financial Scam - PBS and Bloomberg report

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Uploaded by on Mar 8, 2011

According to a team at Bloomberg News, at one point last year the U.S. had lent, spent or guaranteed as much as $12.8 trillion to rescue the economy. The Bloomberg reporters have been following that money. Alison Stewart spoke with one, Bob Ivry, to talk about the true cost to the taxpayer of the Wall Street bailout.
Most of this is UN-accounted for and the private Federal Reserve won't tell.

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Uploader Comments (kenjams)

  • Is that really alot of money for a country who can just print money?

    What the hell just print 15 trillion and have a long weekend aswell

  • @newglobalfrontier The only problem with that is the massive inflation that's created from printing too much money. We are experiencing that now with QE2 and QE3 called quantitative easing by the Fed. What they are really doing though is printing trillions. This inflation is really devaluation of the money through lost buying power. This robs the holders of this debt (Federal Reserve Notes) from their wealth in this fiat money.

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  • Oops, there are currently FED related fraud rumours circulating all over the place! This is only one of the companies out there that are now realising we are all being screwed by the FED among others and now it's time to wake up. Illuminati is going off the cliff now...

  • Where are those money gone to? The answer is ... Pentagon. Zionist Pentagon hijacks our democratic elections and humiliate our population with the worse domestic economy for another 3 years after Bush/Cheney's Republican busted by voters.

  • Ron Paul 2012

  • Ron Paul 2012

  • Ron Paul 2012

  • @kenjams when the $ was based on silver inflation from 1862 to 1890 WAS O.2% because the $ was printed by a Real US Gov based on real value now they print mickey mouse money while they are buying all the gold n silver to impoverish the ppl when the $ finally colapses ppl will be left with useless paper n the bankers with all the gold n power the fed Is the US GOV first they fucked the usa now they r using us power to fuck the world Nothing to do with race colour religion just greed n control

  • Transparent and Open Government?

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