Deuteronomy 32:35
I will take revenge and be satisfied. In due time their foot will slip, because their day of disaster is near. Their doom is coming quickly
Barack Obama and his cronies willfully concealed the true extent of the 2008-’09 bailouts from Congress and the public. We now have concrete evidence that Wall Street and Washington are running a secret government far removed from the democratic process. Through a freedom of information request by Bloomberg News, the public now has access to over 29,000 pages of Fed documents and 21,000 additional Fed transactions that were deliberately hidden, and for good reason.
These documents show how top government officials willfully concealed from Congress and the public the true extent of the 2008-’09 bailouts that enriched the few and enhanced the interests of giant Wall Streets firms. Here’s what we now know: The secret Wall Street bailouts totaled $7.77 trillion, 10 times more than the $700 billion Troubled Asset Relief Program (TARP) passed by Congress in 2008. Knowledge of the secret bailout funds was not shared with Congress even while it was drafting and debating legislation to break up the big banks.
While Timothy Geithner was head of the NY Federal Reserve, he argued against legislative efforts by Senator Ted Kaufman, D-Delaware, to limit the size of banks because the issue was “too complex for Congress and that people who know the markets should handle these decisions,” Kaufman recalls. Meanwhile, Geithner was fully aware of the enormous secret loans while Senator Kaufman was kept in the dark.
The government cover-up is mind boggling. The Average American is living check to check or is on food stamps and all the fat cats in Washington D.C and Wallstreet are getting bailed out by Obama.
1. The big banks and hedge funds were in much more trouble than we were led to believe.
2. Wall Street’s secret government made sure the largest banks would grow even larger, aided by the secret funding.
3. The bigger Wall Street becomes, the more government it can buy.
4. Wall Street’s secret government protects its own.
5. Wall Street is a clear and present danger to democracy.





