The private Federal Reserve bank printed 16.2 trillion dollars in 2008 to bail out banks and corporations..?

[hob97]

Is it perfectly okay that the Private Bank that controls our money is currently creating trillions out of thin air and giving that money to banks and corporations like Goldman Sachs that then turn around and Buy stocks and commodities, driving the price of them up?

People blame lone day traders like myself for the rising gas prices, when it is the major banks, hegefunds and corporations that are taking the money that the fed gives to drive prices up and reap even more profits.

Instead of passing laws that will put me out of business, why not nullify the Unconstitutional Federal Reserve Act so the Fed can't throw money to all its insider buddies?

[colum]

doesn't make since to me either.

[sherborne16]

the Fed isn't private, it's a non governmental quasi-public institution

[max]

I believe your number is off, the debt is just over 16.3 Trillion now, however they did print a lot of money with little to no oversight. It was not in our best interest. In fact it is my contention that the world economy is being manipulated to fail in order to destroy the sovereignty of our nation and erode the liberties of the people. I at time feel like a lone voice crying out in the night but I do know that there are many others that agree. The saddest part is even the grass roots movements conjured to fight back are also quite often manipulated opposition or efficiently co-opted and castrated by the powers that be.

[beacher]

Well basically what this allows them to do is print as much money as they want to into circulation and devalue the dollar.