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$700 Billion Bailout? How about $7.7 Trillion?
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$700 Billion Bailout? How about $7.7 Trillion?
11-30-2011 8:34 AM

We were duped, AGAIN! The true bank bailout in 2008 was not the $700 billion dollars that everone heard about, the reality is $7.7 trillion went out!

$7.7 trillion dollars! I can't even wrap my brain around that number. To put it in perspective though, it amounts to a little more than the value of every ounce of gold that has ever been mined, in the history of the world!

It amounts to more money than if every man, woman and child on the planet were given $1,200.00. Or, every man, woman and child in the U.S. were handed $24,000.00.

Its better than 10 times the $700,000,000,000 we were told about.

$7.7 TRILLION dollars! And Bernake admits that it was kept secret to prevent a stigma against banks!

But even that wasn't enough, and and the banks tightened their purse strings even further, and the foreclosures began.

Unless we the sheeple wake from the lazy slumber that we've grown comfortable with and revolt, the banks are not going to stop until they've pillaged the entire planet and everyone is homeless and hungry.

And yet even as I write this, I know that as riled up as this gets me, come the end of the day I'll just be laying on my sofa watching TV and lulling myself into gutless oblivion.

Here's a link to the full article: The Federal Reserve's 'breathtaking' $7.7 trillion bank bailout

The older I get the less threatening a life sentence sounds

Sympathy for the Devil only results in victimized angels.
11-30-2011 8:34 AM
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