Add this EIGHT TRILLION DOLLARS to the SIXTEEN TRILLION DOLLARS that we already owe. THAT IS TWENTY FOUR TRILLION DOLLARS IN RED INK... Representing FUTURE TAX RECEIPTS FOR GENERATIONS UPON GENERATIONS of indentured American slaves!
This was made public during the third week in December, after the results were released from the first ever audit of the Federal Reserve. Since not one elected repubic slime-ball has said anything about this... and the only thing coming from boehner and mcconnell is dead silence... do you want to try and justify that for your liberal friends in the repubic party? If you think that we here on Free Republic have become worthless... why don't you exile yourself out of here forever and I will personally make up any future donations that you might have given to Jim?
LLS
Where do you come up with that? Nearly every penny of the money fronted by the Fed has been repaid with interest, even if it was a low interest. Their highest amount on loan at any given time was approximately 1.5 trillion....
Here's a link to a contemporary thread that points out those facts.
Audit of the Federal Reserve Reveals $16 Trillion in Secret Bailouts
Here is a link to the report itself...go look it up.
Why don't you try getting your facts straight before threatening other Freepers. Republicans aren't saying anything about it because THERE IS NOTHING THERE. Don't you think we would have noticed an extra 8-16 trillion dollars floating around, effectively doubling our M2 money supply?
Sheesh...
You have been here since 2007 I have been here since 1998
I have watched more crap filled people come and go than you can imagine....
This place gets to be a fever filled swamp during the primaries ....then (so far) the fevers subside and saner voices prevail....So do you want a little club where you can self righteously hate the bad RINOS. and Karl Rove and GW Bush or do you want to try to keep Obama from winning the next election?
You have a choice
The people I enjoy talking to have some ideas in their heads
and can talk about what Bush did without drooling