[A.Hun]

ALL GIVEN in outright grants and in loans at 0.010% interest! Not a dime has been repaid and none of that money will probably ever be paid back.

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.

GAO Report.

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...

[LibLieSlayer]

I FIRST heard it when Rush Limbaugh spoke about it in detail before Christmas. I also read about it here on Free Republic. GM also paid back all their loans too huh?

LLS

[woofie]

Common sense is no longer common.

my sentiments exactly