Federal Reserve Audit - Gave out $16 Trillion in Bailouts

[Gordon1]

Just released - the first ever GAO (Gov't Accounting Office) audit of the Federal Reserve - the private banking system which regulates U.S. monetary policy.

According to this report, bailouts were made to both American banks & corporations,

as well as foreign banks in France, Germany, Switzerland, Belgium, England and Scotland - to the tune of 16 Trillion dollars.

The country's GDP (Gross Domestic Product) is about $15 trillion - the world's total GDP is about $70 trillion.

$16 Trillion = $16,000,000,000,000.

Federal Reserve Audit:

http://www.conspiracyplanet.com/channel.cfm?channelid=46&contentid=10158

[Guest]

Interesting.