Here it is, no surprise, but billions of that bailout they received went to offshore banks and other institutions.
sent $4.3 billion in federal tax money to 32 entities, including many overseas banks, hedge funds and pensions, according to information made public Friday night.
It should be no surprise to the American taxpayer that we are the slaves of the corporate banking system through the hands of those in the Federal Reserve and the wimps in Washington DC.
For months now, there was a bill that would audit the Federal Reserve, because, believe me, while Goldman Sachs sent US dollars to foreign assets, the Federal Reserve is likely doing the same with these various bailouts and rescues. However, that bill was basically squashed by the very people who initially supported it. Mostly rogue Democrats, and a few shallow Republicans, afraid of losing their deep pocket sources if they go after the Federal Reserve.
The current economic situation is all founded on a powerful, unrepentant, private bank called the Federal Reserve. With each manufactured depression, boom, and recession, they’ve gained more power, and granted more money to their fellow cohorts in DC and Wall Street.
The recent regulation bill will only serve the interests of those very leeches who have been protecting the interests of unions (GM) and Wall Street for decades. It will not help the little guy who will have no alternative but to face ever increasing taxes and a diminished quality of life as goods become more and more expensive.
God help us all, for we are in for quite a ride.