dChan - Q Origins Project Archive

>>14130806

That's right, that's why she helped steal at least 29 TRILLION dollars when the C_A installed Obobo/Biden. This coup d'etat cost more than 45 years of Affirmative Discrimination and the whole swamp, red, green, black and blue, has completely implicated themselves. Milley should go back to trying to catch bullets with his teeth.

https://www.zerohedge.com/economics/watch-radical-fed-morphs-central-bank-bailout-kingpin-and-americans-arent-paying

…the Fed’s radical makeover of itself began in December of 2007 when the Fed decided, on its own, that it had the authority to secretly pump out trillions of dollars in cumulative loans to prop up the mega banks on Wall Street, as well as to the foreign banks that were on the other side of Wall Street’s hundreds of trillions of dollars in derivative trades. The Fed secretly ran that program through at least July of 2010 according to the eventual audit that was conducted by the Government Accountability Office… the Fed’s latest massive bailout operation began on September 17, 2019, months before there was a case of COVID-19 anywhere in the world. The full scope of this operation and other bailout programs remain a dark secret at the Fed…

Mark Pittman …asked the Federal Reserve Board, under a Freedom of Information Act (FOIA) request in April and May of 2008, for details of four lending programs, including the borrowers’ names and the amounts borrowed. The programs were the Discount Window, the Primary Dealer Credit Facility, the Term Securities Lending Facility, and the Term Auction Facility. When the Fed brazenly stonewalled Pittman, Bloomberg News filed the lawsuit on his behalf.

On November 10, 2008 Pittman and his colleagues, Bob Ivry and Alison Fitzgerald, wrote an article headlined “Fed Defies Transparency Aim in Refusal to Disclose.” The article reports as follows:

“The Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loans from American taxpayers or the troubled assets the central bank is accepting as collateral.

“Fed Chairman Ben S. Bernanke and Treasury Secretary Henry Paulson said in September they would comply with congressional demands for transparency in a $700 billion bailout of the banking system. Two months later, as the Fed lends far more than that in separate rescue programs that didn’t require approval by Congress, Americans have no idea where their money is going or what securities the banks are pledging in return.”

…but even after the appellate decision went against it, the Fed refused to release the data. First the Fed asked for a rehearing by the Second Circuit Court of Appeals. When that was rejected, a Wall Street consortium of banks, that were the actual recipients of the trillions of dollars in secret loans, appealed the case to the U.S. Supreme Court. That appeal failed as well and the Fed was forced to finally release the astonishing sums it had showered on global banks with zero awareness by any elected member of the George W. Bush administration or any elected member of Congress.

When all of the Fed’s bailout programs were tallied up, the tab came to a staggering, cumulative $29 trillion, as meticulously analyzed by the Levy Economics Institute. The Fed had kept the American people completely in the dark as it sluiced these trillions to Wall Street trading houses, foreign banks, the insolvent bank, Citigroup, even hedge funds that were shorting (betting against) the market.

Today, the Fed is still stonewalling the public and refusing to release the names of the recipients of some of its emergency bailout programs and its $9 trillion repo loan program that began on September 17, 2019.