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Sixteen trillion US Dollars worth of "backdoor" bank bailouts

Sunday, 13 February, 2011 16:13
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February 13, 2011

Sixteen trillion US Dollars worth of "backdoor" bank bailouts

By William Finnerty

"The greatest scam in history has been exposed -- and has largely been ignored by the media. In fact, it's still going on."


::::::::

The first 6.5 minutes or so of a recent interview with United States Congressman
Dr Ron Paul -- who is believed to be a potential candidate for the US Presidency in 2012 -- relate to MASSIVE financial transactions between the Federal Reserve (the privately owned "Central Bank" of the United States of America) and other "Central Banks" around the world: financial transactions which more and more people are beginning to think of in terms of "the greatest scam ever perpetrated in the history of the world". The interview can be listened to via the following location:
http://www.youtube.com/watch?feature=player_embedded&v=GKnOnd79mV0#at=45

There is also a transcript of this recent interview (between Dr Paul and Dr Joseph Mercola) available at:
http://mercola.fileburst.com/PDF/ExpertInterviewTranscripts/InterviewRonPaul.pdf

Among other things, and by means which are surrounded by and buried in layers of secrecy that are almost impossible (if not fully impossible) to penetrate apparently, it appears that "The FED" has provided some 16 trillion US Dollars or so in "backdoor bailout" money during the past few years, and that approximately one-third of that sum has gone to "overseas" Central Banks: which, it seems reasonable to assume, would in some ways include the Central Bank of the Republic of Ireland, the Bank of England (UK Central Bank), the European Central Bank (ECB), and the EU (European Union)?

Many questions arise in connection with these vast financial transactions: not least (for example) the matter of the
collateral used to secure the repayment of these massive loans. Might any of the Republic of Ireland's oil and gas reserves be included I wonder: which some reports suggest are in the region of 5.4 trillion Euros? There are of course numerous written reports in existence which claim that the Republic of Ireland's oil and gas resources have already been unlawfully and unconstitutionally given away by grossly corrupt Republic of Ireland politicians and lawyers.

There is also the matter of where did the 16 trillion US Dollars used for this "backdoor bailout" come from: particularly if it was all (or mostly all) "
thin air money" created from nowhere out of nothing by The FED, and by means whereby the only real work involved would have related to the small amount of time it takes to type large numbers on a computer keyboard?

In addition, there is the more general matter of why the
MSM (Main Stream Media) is very largely ignoring this 16 trillion US Dollar "backdoor bailout" by The FED, and thus failing to keep the public -- particularly the VOTING public -- responsibly informed regarding this crucially important global social issue. In the interview, Dr Paul gives his views as to why he thinks the mainstream media stance is greatly lacking in this particular area.

Leaving aside the media business, Dr Paul appears to be still almost completely in the dark however regarding all details relating to the actual financial transactions themselves, and it also seems that he has still not succeeded in getting the audited accounts from "The FED" which he has been trying to get hold of for the past several years.

Since it came into being in 1913,
the privately owned "FED" has NEVER produced a single set of audited accounts apparently!!

With the
February 25th 2011 General Election in the Republic of Ireland in mind, and in the interests of protecting themselves from being further hoodwinked (as I see things) by all the glib statements and comments which continue to come from almost all of the Republic of Ireland TDs (Republic of Ireland Elected Representatives) now campaigning to be elected, and who continue to enthusiastically support the bank bailouts in one way or another, the thought has crossed my mind that this might be a very good time for voters in the Republic of Ireland to listen to, and to consider, what Dr Paul has to say about the 16 trillion US Dollar "backdoor bailout" situation in the interview referred to above.

There is a list of other closely related Diary Entries by William Finnerty at the following location:
http://www.opednews.com/author/diary/author46094.html

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The above text has been copied from the following Open News www location:
http://www.opednews.com/Diary/Sixteen-trillion-US-Dollar-by-William-Finnerty-110213-271.html

=============================

Later today, a copy of this e-mail will be placed at the following www location:
http://www.humanrightsireland.com/JusticeNicholasKearns/13February2011/Email.htm


=============================

Human Rights Ireland
http://www.humanrightsireland.com

=============================

 

 

                                           End of e-mail text
 

 

 

"The world is a dangerous place, not because of those who do evil,
but because of those who look on and do nothing."


Albert Einstein

 

new2.gif (897 bytes)   Dealing with injustice   new2.gif (897 bytes)

 


"Injustice anywhere is a threat to justice everywhere."


Martin Luther King Jr
(Letter from Birmingham Jail, April 16th, 1963)
 

 

     
  There is NOTHING to prevent governments producing their own  DEBT-FREE  and  INTEREST-FREE  money.

It has been done very successfully and very easily before, both by former US President Abraham Lincoln, and by former US President John F. Kennedy (for example).
 
     

 

 

 

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