Found on Dvorak’s site, this is a great list and I want to focus specifically on #5 tonight….

1. Signs of an Emerging Police State
2. Oceans in Peril
3. Fukushima Nuclear Disaster Worse than Anticipated
4. FBI Agents Responsible for Majority of Terrorist Plots in the United States
5. First Federal Reserve Audit Reveals Trillions Loaned to Major Banks
6. Small Network of Corporations Run the Global Economy
7. 2012: The International Year of Cooperatives
8. NATO War Crimes in Libya
9. Prison Slavery in Today’s USA
10. HR 347 Would Make Many Forms of Nonviolent Protest Illegal

Regarding the Fed audit…

What was revealed in the audit was startling:

$16,000,000,000,000.00 had been secretly given out to US banks and corporations and foreign banks everywhere from France to Scotland. From the period between December 2007 and June 2010, the Federal Reserve had secretly bailed out many of the world’s banks, corporations, and governments. The Federal Reserve likes to refer to these secret bailouts as an all-inclusive loan program, but virtually none of the money has been returned and it was loaned out at 0% interest. Why the Federal Reserve had never been public about this or even informed the United States Congress about the $16 trillion dollar bailout is obvious – the American public would have been outraged to find out that the Federal Reserve bailed out foreign banks while Americans were struggling to find jobs.

PLEASE read the rest of this story here, as it shines a light on the GAO’s findings which can be found in it’s official report here.

16.115 TRILLION dollars. I feel I must put this back up here to put this in perspective…

Click image to enlarge.

Just to further explain that, the TOTAL US housing market is valued at $10 Trillion in outstanding mortgages.  The GDP is 14.5 trillion. Of the 16.115 trillion in Fed loans according to the GAO study, only 38% went to US entities! Below is a short list of the recipients.

Citigroup: $2.5 trillion ($2,500,000,000,000)
Morgan Stanley: $2.04 trillion ($2,040,000,000,000)
Merrill Lynch: $1.949 trillion ($1,949,000,000,000)
Bank of America: $1.344 trillion ($1,344,000,000,000)
Barclays PLC (United Kingdom): $868 billion ($868,000,000,000)
Bear Sterns: $853 billion ($853,000,000,000)
Goldman Sachs: $814 billion ($814,000,000,000)
Royal Bank of Scotland (UK): $541 billion ($541,000,000,000)
JP Morgan Chase: $391 billion ($391,000,000,000)
Deutsche Bank (Germany): $354 billion ($354,000,000,000)
UBS (Switzerland): $287 billion ($287,000,000,000)
Credit Suisse (Switzerland): $262 billion ($262,000,000,000)
Lehman Brothers: $183 billion ($183,000,000,000)
Bank of Scotland (United Kingdom): $181 billion ($181,000,000,000)
BNP Paribas (France): $175 billion ($175,000,000,000)
and many many more including banks in Belgium of all places

If the “750 billion” dollar TARP program enraged this country into electing Obama, and creating the Tea Party, then these numbers should be the beginning of the second American revolution.

However, people are asleep, and their children’s children may never forgive them for that……

More on the other stories later this week.

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