World-News

By Matthew Cardinale

The first-ever audit of the U.S. Federal Reserve has revealed 16 trillion dollars in secret bank bailouts and has raised more questions about the quasi-private agency s opaque operations.

http://www.informationclearinghouse.info/article28979.htm

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Federal Reserve grabs new powers

Future of Freedom Foundation
by Sheldon Richman

08/25/11

While inflation hawks understandably keep a close watch on the Federal Reserve s money-creation activities, an equally worrisome Fed activity is taking place right under their noses. Under cover of addressing the financial crisis and recession, the Fed has become the central allocator of credit...

http://www.fff.org/comment/com1108w.asp


Informant: Thomas L. Knapp



http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=financial+crisis
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=recession
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Federal+Reserve
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=bailout
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Matthew+Cardinale
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Sheldon+Richman

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