{"id":4984,"date":"2011-08-15T16:43:39","date_gmt":"2011-08-15T16:43:39","guid":{"rendered":"http:\/\/divineearth.org\/main\/?p=4984"},"modified":"2011-08-15T16:43:39","modified_gmt":"2011-08-15T16:43:39","slug":"audit-of-the-federal-reserve-reveals-16-trillion-in-secret-bailouts","status":"publish","type":"post","link":"http:\/\/divineearth.org\/main\/audit-of-the-federal-reserve-reveals-16-trillion-in-secret-bailouts\/","title":{"rendered":"Audit of the Federal Reserve Reveals $16 Trillion in Secret Bailouts"},"content":{"rendered":"<p>The first ever GAO(Government Accountability Office) audit of the  Federal Reserve was carried out in the past few months due to the Ron  Paul, Alan Grayson Amendment to the Dodd-Frank bill, which passed last  year. Jim DeMint, a Republican Senator, and Bernie Sanders, an  independent Senator, led the charge for a Federal Reserve audit in the  Senate, but watered down the original language of the house  bill(HR1207), so that a complete audit would not be carried out. Ben  Bernanke(pictured to the left), Alan Greenspan, and various other  bankers vehemently opposed the audit and lied to Congress about the  effects an audit would have on markets. Nevertheless, the results of the  first audit in the Federal Reserve\u2019s nearly 100 year history were  posted on Senator Sander\u2019s webpage earlier this morning:\u00a0 <a href=\"http:\/\/sanders.senate.gov\/newsroom\/news\/?id=9e2a4ea8-6e73-4be2-a753-62060dcbb3c3\">http:\/\/sanders.senate.gov\/newsroom\/news\/?id=9e2a4ea8-6e73-4be2-a753-62060dcbb3c3<\/a><\/p>\n<p>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.<\/p>\n<p>Read full story here: <a href=\"http:\/\/www.unelected.org\/audit-of-the-federal-reserve-reveals-16-trillion-in-secret-bailouts\" target=\"_blank\">http:\/\/www.unelected.org\/audit-of-the-federal-reserve-reveals-16-trillion-in-secret-bailouts<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The first ever GAO(Government Accountability Office) audit of the Federal Reserve was carried out in the past few months due to the Ron Paul, Alan Grayson Amendment to the Dodd-Frank bill, which passed last year. Jim DeMint, a Republican Senator, and Bernie Sanders, an independent Senator, led the charge for \u2026<\/p>\n<p class=\"continue-reading-button\"> <a class=\"continue-reading-link\" href=\"http:\/\/divineearth.org\/main\/audit-of-the-federal-reserve-reveals-16-trillion-in-secret-bailouts\/\">Continue reading<i class=\"crycon-right-dir\"><\/i><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,9],"tags":[4313],"class_list":["post-4984","post","type-post","status-publish","format-standard","hentry","category-politics","category-world-news","tag-bailout"],"_links":{"self":[{"href":"http:\/\/divineearth.org\/main\/wp-json\/wp\/v2\/posts\/4984","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/divineearth.org\/main\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/divineearth.org\/main\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/divineearth.org\/main\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/divineearth.org\/main\/wp-json\/wp\/v2\/comments?post=4984"}],"version-history":[{"count":1,"href":"http:\/\/divineearth.org\/main\/wp-json\/wp\/v2\/posts\/4984\/revisions"}],"predecessor-version":[{"id":4985,"href":"http:\/\/divineearth.org\/main\/wp-json\/wp\/v2\/posts\/4984\/revisions\/4985"}],"wp:attachment":[{"href":"http:\/\/divineearth.org\/main\/wp-json\/wp\/v2\/media?parent=4984"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/divineearth.org\/main\/wp-json\/wp\/v2\/categories?post=4984"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/divineearth.org\/main\/wp-json\/wp\/v2\/tags?post=4984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}