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Things are warming up around here!

preposterous!

 
 
Results of the first Audit of The Federal Reserve since its existence!
 
 
 
Click on the site and read the report.
This should make your blood boil and see how underhanded our government is!!!
 
The first ever GAO audit of the Federal Reserve was carried out in the past few months due to the Ron Paul, Alan Grayson Amendment to the Dodd-Frank bill, which passed last year. Jim DeMint, a Republican Senator, and Bernie Sanders, an independent Senator, led the charge for a Federal Reserve audit in the Senate, but watered down the original language of the house bill (HR1207), so that a complete audit would not be carried out. Ben Bernanke, Alan Greenspan, and various other bankers vehemently opposed the audit and lied to Congress about the effects an audit would have on markets. Nevertheless, the results of the first audit in the Federal Reserve nearly 100 year history were posted on Senator Sander�s webpage earlier this morning.
 
What was revealed in the audit was startling:
$16,000,000,000,000.00 (TRILLION) had been secretly given out to US banks and corporations and foreign banks everywhere from France to Scotland . From the period between December 2007 and June 2010, the Federal Reserve had secretly bailed out many of the world�s banks, corporations, and governments. The Federal Reserve likes to refer to these secret bailouts as an all-inclusive loan program, but virtually none of the money has been returned and it was loaned out at 0% interest.
 
Why the Federal Reserve had never been public about this or even informed the United States Congress about the $16 trillion dollar bailout is obvious the American public would have been outraged to find out that the Federal Reserve bailed out foreign banks while Americans were struggling to find jobs. To place $16 trillion into perspective, remember that GDP of the United States is only $14.12 trillion. The entire national debt of the United States government spanning its 200+ year history is only $14.5 trillion.
 
The budget that is being debated so heavily in Congress and the Senate is only $3.5 trillion. Take all of the outrage and debate over the $1.5 trillion deficit into consideration, and swallow this Red pill: There was no debate about whether $16,000,000,000,000 would be given to failing banks and failing corporations around the world. In late 2008, the TARP Bailout bill was passed and loans of $800 billion were given to failing banks and companies. That was a blatant lie considering the fact that Goldman Sachs alone received 814 billion dollars. As is turns out, the Federal Reserve donated $2.5 trillion to Citigroup, while Morgan Stanley received $2.04 trillion. The Royal Bank of Scotland and Deutsche Bank, a German bank, split about a trillion and numerous other banks received hefty chunks of the $16 trillion. ****
 
When you have conservative Republican stalwarts like Jim DeMint(R-SC) and Ron Paul(R-TX) as well as self-identified Democratic socialists like Bernie Sanders all fighting against the Federal Reserve, you know that it is no longer an issue of Right versus Left. When you have every single member of the Republican Party in Congress and progressive Congressmen like Dennis Kucinich sponsoring a bill to audit the Federal Reserve, you realize that the Federal Reserve is an entity onto itself, which has no oversight and no accountability.
 
Americans should be swelled with anger and outrage at the abysmal state of affairs when an unelected group of bankers can create money out of thin air and give it out to megabanks and super-corporations like Halloween candy. The list of institutions that received the most money from the Federal Reserve can be found on page 131 of the GAO Audit and is 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)
IT WILL BE INTERESTING TO SEE HOW MUCH ATTENTION (AS WELL AS THE SLANT) THE MAINSTREAM MEDIA GIVES THIS UNBELIEVABLE POSITION OUR GOVERNMENT HAS PLACED US IN!

Don't Balance the Budget on the Environment's Back

Don't Cut The EPA!

The Super Committee needs to cut $1.5 trillion by Nov 23rd.

Tell Congress that dismantling the EPA is NOT the way to balance the budget.

Send your message now.

Have you heard about the new congressional "Super Committee" that will decide which programs to slash in order to cut $1.5 trillion dollars in spending by Nov. 23rd?

Unfortunately, more than half its members are outspoken critics of the EPA with strong ties to the oil and gas industries and a long track record of opposing EPA regulations. One is even a climate change denier!

This means the EPA will be a prime target for massive cuts that could cripple the agency and prevent it from regulating dangerous pollution and protecting our health and environment.

But there's still hope because Congress will get to vote 'yay' or 'nay' on whatever cuts the Super Committee proposes this fall.

That is why your members of Congress need to hear from you now – tell them not to balance the budget by slashing the EPA and urge them to protect funding for the crucial programs that keep our air and water clean.

Take a bite for the environment

Protect the ocean -- save our sharksThe practice of killing sharks for their fins has put some sharks in danger of extinction -- and the entire ocean ecosystem at risk.

The ocean needs a healthy mix of species, including predators at the top of the food chain. More than 70 million sharks die each year, many of them stripped of their fins and thrown back into the ocean.

The state Assembly has passed a bill to protect the oceans by saving sharks; now it's up to you as a state Senator. AB 376 would ban the purchase, sale, and possession of shark fins. Please vote "yes" on AB 376.

Don't let BIG OIL push us around...

President Obama has the final say over whether this pipeline is built, and we need to turn up the pressure on him now.

Please join us in calling on President Obama to reject the Keystone XL pipeline and focus on clean, safe energy alternatives.

Protesters in front of the White House Stand in solidarity with those risking arrest to stop the Keystone XL pipeline. Make a call today!

Canadian oil giant TransCanada wants to double imports of dirty tar sands oil into U.S. by building a new pipeline called the Keystone XL. This pipeline would endanger the health of communities and ecosystems all along its path from Canada to the Gulf Coast of Texas. NASA scientist James Hansen has warned that exploiting the tar sands could mean "game over" for staving off catastrophic climate change impacts.