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The Water Cooler
General Discussion
Taxes Could Be Going Up; Way Up For Some
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<blockquote data-quote="Billybob" data-source="post: 2029268" data-attributes="member: 1294"><p>How about that 16 trillion bailout...</p><p></p><p> The audit of the Fed’s emergency lending programs was scarcely reported by mainstream media &#8211; albeit the results are undoubtedly newsworthy. It is the first audit of the Fed in United States history since its beginnings in 1913. The findings verify that <strong>over $16 trillion was allocated to corporations and banks internationally</strong>, purportedly for “financial assistance” during and after the 2008 fiscal crisis.</p><p></p><p><a href="http://www.forbes.com/sites/traceygreenstein/2011/09/20/the-feds-16-trillion-bailouts-under-reported/" target="_blank">http://www.forbes.com/sites/traceygreenstein/2011/09/20/the-feds-16-trillion-bailouts-under-reported/</a></p></blockquote><p></p>
[QUOTE="Billybob, post: 2029268, member: 1294"] How about that 16 trillion bailout... The audit of the Fed’s emergency lending programs was scarcely reported by mainstream media – albeit the results are undoubtedly newsworthy. It is the first audit of the Fed in United States history since its beginnings in 1913. The findings verify that [B]over $16 trillion was allocated to corporations and banks internationally[/B], purportedly for “financial assistance” during and after the 2008 fiscal crisis. [url]http://www.forbes.com/sites/traceygreenstein/2011/09/20/the-feds-16-trillion-bailouts-under-reported/[/url] [/QUOTE]
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