You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

The Wall Street Pentagon Papers: Biggest Scam In World History Exposed [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
Poboy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-11-10 05:18 PM
Original message
The Wall Street Pentagon Papers: Biggest Scam In World History Exposed
Advertisements [?]
Edited on Sat Dec-11-10 05:19 PM by Poboy


The Wall Street Pentagon Papers: Biggest Scam In World History Exposed - Are The Federal Reserves Crimes Too Big To Comprehend?
By David DeGraw, AmpedStatus

What if the greatest scam ever perpetrated was blatantly exposed, and the US media didnt cover it? Does that mean the scam could keep going? Thats what we are about to find out. I understand the importance of the new WikiLeaks documents. However, we must not let them distract us from the new information the Federal Reserve was forced to release. Even if WikiLeaks reveals documents from inside a large American bank, as huge as that could be, it will most likely pale in comparison to what we just found out from the one-time peek we got into the inner-workings of the Federal Reserve. This is the Wall Street equivalent of the Pentagon Papers.

----


Just when I thought the banksters couldnt possibly shock me anymore they did. We were finally granted the honor and privilege of finding out the specifics, a limited one-time Federal Reserve view, of a secret taxpayer funded backdoor bailout by a small group of unelected bankers. This data release reveals emergency lending programs that doled out $12.3 TRILLION in taxpayer money - $3.3 trillion in liquidity, $9 trillion in other financial arrangements.
Wait, what? Did you say $12.3 TRILLION tax dollars were thrown around in secrecy by unelected bankers and Congress didnt know any of the details?

Yes. The Founding Fathers are rolling over in their graves. The original copy of the Constitution spontaneously burst into flames. The ghost of Tom Paine went running, stark raving mad screaming through the halls of Congress.
The Federal Reserve was secretly throwing around our money in unprecedented fashion, and it wasnt just to the usual suspects like Goldman Sachs, JP Morgan, Citigroup, Bank of America, etc.; it was to the entire Global Banking Cartel. To central banks throughout the world: Australia, Denmark, Japan, Mexico, Norway, South Korea, Sweden, Switzerland, England To the Feds foreign primary dealers like Credit Suisse (Switzerland), Deutsche Bank (Germany), Royal Bank of Scotland (U.K.), Barclays (U.K.), BNP Paribas (France) All their Ponzi players were gifted. All the Racketeer Influenced and Corrupt Organizations got their cut.

-----

Even the Financial Times, which named Lloyd Blankfein its 2009 person of the year, reacted by reporting this: The initial reactions were shock at the breadth of lending, particularly to foreign firms. But the details paint a bleaker and even more disturbing picture.

-----

Based on many conversations Ive had with people, it seems that the average person doesnt comprehend how much a trillion dollars is, let alone 12.3 trillion. You might as well just say 12.3 gazillion, because people dont grasp a number that large, nor do they understand what would be possible if that money was used in other ways.Can you imagine what we could do to restructure society with $12.3 trillion? Think about thatPeople also cant grasp the colossal crime committed because they keep hearing the word loans. People think of the loans they get. You borrow money, you pay it back with interest, no big deal. Thats not what happened here. The Fed doled out $12.3 trillion in near-zero interest loans, using the American people as collateral, demanding nothing in return, other than a bunch of toxic assets in some cases. They only gave this money to a select group of insiders, at a time when very few had any money because all these same insiders and speculators crashed the system. Do you get that? The very people most responsible for crashing the system, were then rewarded with trillions of our dollars. This gave that select group of insiders unlimited power to seize control of assets and have unprecedented leverage over almost everything within their economies - crony capitalism on steroids. This was a hostile world takeover orchestrated through economic attacks by a very small group of unelected global bankers. They paralyzed the system, then were given the power to recreate it according to their own desires. No free market, no democracy of any kind. All done in secrecy. In the process, they gave themselves all-time record-breaking bonuses and impoverished tens of millions of people - they have put into motion a system that will inevitably collapse again and utterly destroy the very existence of what is left of an economic middle class.

That is not hyperbole. That is what happened.

We are talking about trillions of dollars secretly pumped into global banks, handpicked by a small select group of bankers themselves. All for the benefit of those bankers, and at the expense of everyone else. People cant even comprehend what that means and the severe consequences that it entails, which we have only just begun to experience.



Very detailed, researched article, link-
http://ampedstatus.com/the-wall-street-pentagon-papers-...
Refresh | +370 Recommendations Printer Friendly | Permalink | Reply | Top
 
 

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC