Audit of the Federal Reserve Reveals $16 Trillion in Secret Bailouts

Knowledge Creates Power

This gives a new meaning to ” gov’t. corruption”!!!!

No wonder they didn’t want to be Audited..

Audit of the Federal Reserve Reveals $16 Trillion in Secret Bailouts –

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Why We Need to Drill Here and Drill Now

Pajamas Media

It is truly astonishing how the Obama administration has not only failed to address the problem of rising gasoline prices, but actually spent the last two years making the problem worse.

In 2008, with a federal offshore drilling ban in place and a Congress that cared little for allowing more domestic energy production, gasoline prices began to spike toward $4 per gallon. With billions of barrels available for development offshore, our government’s decision to keep those resources under lock and key received the justified scorn of Americans who suddenly had to work longer just so they could afford to drive to and from work.

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Tax Evader in Charge of Tax Cut Negotiations?

In remarks from the Old Executive Office Building on the heels of a meeting with Congressional leaders, President Obama announced that he has dispatched Treasury Secretary Tim Geithner and OMB Director Jack Lew to lead negotiations with both parties on a potential tax cut compromise.

Obama said the meeting revealed a “broad agreement” among Republicans and Democrats about the need to stop middle-class tax hikes before the end of year, but that the sides still disagree on extending current rates for higher-earners, which the president called “unwise.”

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The Enemy from Within?


The Post & E-Mail

by Sharon Rondeau

U.S. Treasury Secretary Timothy Geithner

(Jan. 28, 2010) — The U.S. Treasury Department is openly providing protection to terrorists by removing thousands of names from an international watch list used to prevent European Union funding from reaching terrorist organizations, according to a report dated January 24, 2010 in Israel National News.

According to Avi Tarango, journalist for INN, thousands of names have been removed from the 443-page list of terrorists which is distributed to banks around the world to prevent funding from reaching terrorists or terrorist organizations.  According to Tarango, only the names of groups or subgroups of terrorists remain, while the specific names of individuals are no longer there.

The only name remaining on the list is Musa Abu Marzouk, who, though having received a PhD from the United States, labels himself a top leader of Hamas and has been designated a terrorist since 1995 by the U.S. government.  According to The Investigative Project, “while living in Jordan, Marzook is suspected of having played a significant role in planning and coordinating numerous terrorist attacks within Israel.”  Marzouk was expelled from Jordan in 1995.  In 2004, The Bush administration claimed that he funneled significant funds to the Holy Land Foundation and  indicted him for racketeering.

According to Maggie’s Notebook, on July 22, 2007, the “Pastor’s Page” at Trinity United Church, Obama’s former church, published a manifesto written by Marzouk on its website.   Maggie contends, “The self-stated goal of Hamas (represented in Obama’s church by Marzook’s manifesto) is to rid the world of Israel, believing that Israel has no right to a home in the Holy Land.”

While Obama has denied knowing about Reverend Wright’s extreme views on Israel, the United States, and other matters, a report from CBS News dated March 20, 2007, stated, “Wright said he warned the senator that their association could pose political problems, partly because of his history of supporting Palestinian causes.”


Geithner’s Fed used ‘national security’ to hide bailout details

January 26, 2010

The Federal Reserve Bank of New York, under the leadership of future Teasury Secretary Tim Geithner, invoked “national security” as an excuse to conceal details of the taxpayer-funded bailout of American International Group, Reuters is reporting.

In an email sent out by the Fed in January 2009, the Fed and AIG cited “national security interests” as a reason to invoke “special security procedures” to hide details of the bailout from public view.

The Fed demanded “assurances” from the Securities and Exchange Commission that only a limited number of SEC employees would have access to information on the bailout and insisted on a public blackout of details.

Geithner latee joined the Obama administration as Treasury Secretary even as questioned remained about what critics saw as his “cozy” relationship with AIG and other large financial institutions regulated by the Fed.

Read the full Reuters Story