So good, so profitable to run a bank, a company, a couintry into debt and to the ground. If you are big enough not to fail - having powerful friends.
You gonna get trillions of dollars of public money bailout gift. And public will become jobless, homeless, poor, doctorless.
The Federal Reserve has doled out more than $16 trillion since Barack Obama was sworn in as the 44th and current president of the United States of America.
This figure is 10 times higher than what the U.S. Congress authorized and Bush ($700 billion) and Obama ( $787 billion) signed off on.
The Federal Reserve was only authorized by Congress to use $1.487 trillion in federal tax dollars in bailouts.
That means the the Federal Reserve embezzled another $14.5 trillion - under the leadership of Mr Obama.
When Obama became president on January 20, 2009 the national debt was $10.2 trillion.
Today the national debt is equal to the amount of money the privately owned Federal Reserve banks have embezzled from the U.S. people - $14.5 trillion.
In just 2 years Obama has added $4 trillion to the national debt.
On August 2, 2011 Mr Obama added another $2.4 trillion to the national debt.
“All that is necessary for the triumph of evil is for good men to do nothing." ~ Edmund Burke
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