The next set of videos try to explain what the Federal Reserve is. It is not part of the Federal Government and the Federal Government has little control over it. The FED is made up of a cabal of private banks out for their OWN interest.
|The Fed Under Fire [l=7:59]
||How the FED works[10:00]|
|The Creature From Jekyll Island" by Edward Griffin [42:16]|
FED Audit - Congratulations Bernie
An amendment by Sen. Bernie Sanders
The first top-to-bottom audit of the Federal Reserve uncovered eye-popping new details about how the U.S. provided a whopping $16 trillion in secret loans to bail out American and foreign banks and businesses during the worst economic crisis since the Great Depression. An amendment by Sen. Bernie Sanders to the Wall Street reform law passed one year ago this week directed the Government Accountability Office to conduct the study. "As a result of this audit, we now know that the Federal Reserve provided more than $16 trillion in total financial assistance to some of the largest financial institutions and corporations in the United States and throughout the world," said Sanders. "This is a clear case of socialism for the rich and rugged, you're-on-your-own individualism for everyone else."