Fed Lends Two Trillion Without Oversight

So, you know about the Treasury's $700 billion bailout plan. But you probably don't know that the Federal Reserve has lent out about $2 trillion since September. Few do. And that is what's irritating bulldog Congressman Alan Grayson. Will he be able to shed a light on the Fed's secret spending?

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[guydecervens]

'Conspiracy Theory' people have been saying for ages that the Fed is a private bank stealing the money of the nation. Now you see it was not a theory but fact. It's all on the heads of the stupid people who would sooner drink beer, watch sport and laugh at Hollywood movies than call the thieves to account. It's too late now. The money is gone and the fat cats are laughing at YOU!

[Cheyenne Forsythe]

Thank you, Rep. Grayson.

[Ben Sochacki]

Federal Reserve is a private bank owned by the wealthy around the world. It has no connection to us....our government. Disgraceful. Ponzy scheme extrodinaire.

[Corporatist]

Wow.. great video.. It's a shame more people haven't seen this. The pacing, the production and the narrator truly nailed journalism.

[eraser642]

They make all of us feel special by offering us reward or entitlement of Social Security checks 401k etc.its all a scam.

[eraser642]

Income is defined as gains or profits from corporate activity,not your labor or your wages,it is singularly the biggest scam ever perpetrated on a people in the history of the world.Here is how they define you as a corporation,your birth certificate is the straw man and is record of your parents signing you over to the banks as a corporation,through this deception the 6 biggest banks own every person on the planet.You owe them payments for the national debt from birth to grave.

[eraser642]

End the Fed and you solve nothing..Milton Freidman said this and he is a Nobel prize winning economist.We must end the Debt Money System by abolishing fractional reserve banking by printing enough money from the treasury to pay our debts to the world,the fed would no longer be of any use and can be used solely for check sorting and warehousing US treasury notes.We could end the IRS and income tax on ordinary peoples.Income tax is defined in Eisner vs Macomber case of 1920.

[eraser642]

O and Ron Paul is a virtuous man,but he's wrong on the fed and a gold back system.No where in the Constitution does it say that the Federal govt can only use Gold or Silver as currency.That is referring to state responsibilities on their debt.And do you see any states paying their debts with gold or silver?No.Lincoln printed treasury notes 450Million and they are still considered legal tender.A currency should be valueless.Serving its people.Not the other way around like the gold smiths want.

[eraser642]

The "gold buggers" are on the right track,and are a friend to us trying to escape a life of serfdom.But when the SHTF,the gold buggers will use this opportunity to convince all of us that gold is the answer,indeed thats the end goal of this fractional reserve banking that has devalued the US dollar.They planned to use this crisis to destroy the dollar,America and launch a Gold back new currency called the Amero,to dissolve our sovereignty.Look up trans Texas Road.We will not give up sovereignty

[eraser642]

They use fear of global collapse and any thing is further from the truth.We don't have to be in debt.A nation should never go into debt.Get that through your head.Spread the word.Check out Bill Still series called The Still Report or SR 1,SR 2 thru SR 69.Watch The Money Masters, The Secret of Oz.Gold smiths are counting on you to believe in the Gold backed currency.Gold enslaves the population.It can be manipulated and is the reason the world is run by a Plutocracy.Its the cause of all woes.