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OpEdNews Op Eds    H3'ed 8/6/12

$26 Trillion of Bankster Fraud & Theft According to Ron Paul, Alan Grayson and Bernie Sanders

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Richard Clark
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Thanks to heroic efforts of Congressman Ron Paul, former Congressman Alan Grayson and Congressman Bernie Sanders to audit the Federal Reserve, we now know that the Federal Reserve secretly lent out $26 trillion worth of American money from 2007 to 2010 -- much of it to foreign banks.  

       

Twenty.   Six.   TRILLION.   Dollars.

 

This is a very difficult number to comprehend -- but we now have a way to wrap our minds around it.

 

At his website usdebt.kleptocracy.us, Los Angeles-based 3D designer Oto Godfrey has created an incredibly powerful series of images to help us actually visualize this much money, were it to be assembled out of brick-sized stacks of 100-dollar bills.   And this website goes into more detail about each category of the loan making. 

 

Fifteen trillion dollars -- or one year's worth of the US National Debt -- is a stack of hundred-dollar bills that is longer and wider than a football field . . and over 2/3rds the height of the Statue of Liberty.

 

If you add another $11 Trillion to get our total of $26 Trillion, that same stack, covering an entire football field, will now be taller than the Statue of Liberty.  

 

In the Face of This, Congressman Grayson Spoke the Terrible Truth

 

Here is a small part of the letter in which Congressman Grayson reveals how he found this startling number, 26 trillion, in the newly-audited Federal Reserve balance sheets .

 

Congressman Grayson:   " I wouldn't want anyone to think that I'm dramatizing or amplifying what this GAO report says, so I'm just going to quote some of my favorite parts, by page number."

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Several years after receiving my M.A. in social science (interdisciplinary studies) I was an instructor at S.F. State University for a year, but then went back to designing automated machinery, and then tech writing, in Silicon Valley. I've (more...)
 

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