The Fed Grants $7.77 Trillion in Secret Bank Loan

The Fed Grants $7.77 Trillion in Secret Bank Loan – Now Do You Understand Occupy Wall Street?

http://stevebeckow.com/2011/12/the-fed-grants-7-77-trillion-in-secret-bank-loan-now-do-you-understand-occupy-wall-street/

Congressman Dennis Kucinich (D-OH), a longtime advocate for reform of the Federal Reserve, is sharply criticizing the Federal Reserve today after Bloomberg news reported that the Federal Reserve secretly committed nearly $8 trillion in support to American and international financial institutions during the 2008 bailout. Kucinich recorded a video for his website before going to the floor of the House of Representatives to call upon Congress to reclaim its Constitution primacy over monetary policy.

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