For those who know the private corporate status of the Fed., the following won’t be much of a shock. For the rest, it may be.
First Federal Reserve Audit Reveals Trillions in Secret Bailouts The first-ever audit of the U.S. Federal Reserve has revealed 16 trillion dollars in secret bank bailouts and has raised more questions about the quasi-private agency’s opaque operations. "This is a clear case of socialism for the rich and rugged, you’re-on- your-own individualism for everyone else," …read the rest at: http://www.commondreams.org/headline/2011/08/28-3
