{"id":10169,"date":"2012-09-02T10:24:43","date_gmt":"2012-09-02T14:24:43","guid":{"rendered":"http:\/\/www.nhteapartycoalition.org\/tea\/?p=10169"},"modified":"2012-09-02T10:24:43","modified_gmt":"2012-09-02T14:24:43","slug":"audit-of-the-federal-reserve-reveals-16-trillion-in-secret-bailouts","status":"publish","type":"post","link":"http:\/\/www.nhteapartycoalition.org\/tea\/2012\/09\/02\/audit-of-the-federal-reserve-reveals-16-trillion-in-secret-bailouts\/","title":{"rendered":"Audit of the Federal Reserve Reveals $16 Trillion in Secret Bailouts"},"content":{"rendered":"<p><em>The first ever GAO (Government Accountability Office) audit of the Federal Reserve was carried out in the past few months due to the <strong>Ron Paul, Alan Grayson Amendment to the Dodd-Frank bill<\/strong>, which passed last year. Jim DeMint, a Republican Senator, and Bernie Sanders, an independent Senator, led the charge for a Federal Reserve audit in the Senate, but watered down the original language of the house bill (HR1207), so that a complete audit would not be carried out.<br \/>\n<\/em><\/p>\n<p><a href=\"http:\/\/www.scribd.com\/doc\/60553686\/GAO-Fed-Investigation#outer_page_144\">The list of institutions that received the most money from the Federal Reserve can be found on page 131 of the GAO Audit and are as follows..<\/a><\/p>\n<p>Citigroup: <strong>$2.5 trillion<\/strong> ($2,500,000,000,000)<br \/>\nMorgan Stanley: <strong>$2.04 trillion<\/strong> ($2,040,000,000,000)<br \/>\nMerrill Lynch: <strong>$1.949 trillion<\/strong> ($1,949,000,000,000)<br \/>\nBank of America: <strong>$1.344 trillion<\/strong> ($1,344,000,000,000)<br \/>\nBarclays PLC (United Kingdom): <strong>$868 billion<\/strong> ($868,000,000,000)<br \/>\nBear Sterns: <strong>$853 billion<\/strong> ($853,000,000,000)<br \/>\nGoldman Sachs: <strong>$814 billion<\/strong> ($814,000,000,000)<br \/>\nRoyal Bank of Scotland (UK): <strong>$541 billion<\/strong> ($541,000,000,000)<br \/>\nJP Morgan Chase: <strong>$391 billion<\/strong> ($391,000,000,000)<br \/>\nDeutsche Bank (Germany): <strong>$354 billion<\/strong> ($354,000,000,000)<br \/>\nUBS (Switzerland): <strong>$287 billion<\/strong> ($287,000,000,000)<br \/>\nCredit Suisse (Switzerland): <strong>$262 billion<\/strong> ($262,000,000,000)<br \/>\nLehman Brothers: <strong>$183 billion<\/strong> ($183,000,000,000)<br \/>\nBank of Scotland (United Kingdom): <strong>$181 billion<\/strong> ($181,000,000,000)<br \/>\nBNP Paribas (France): <strong>$175 billion<\/strong> ($175,000,000,000) <\/p>\n<p><a href=\"http:\/\/www.scribd.com\/doc\/60553686\/GAO-Fed-Investigation#outer_page_144\">&#8230;and many many more including banks in Belgium of all places<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The first ever GAO (Government Accountability Office) audit of the Federal Reserve was carried out in the past few months due to the Ron Paul, Alan Grayson Amendment to the Dodd-Frank bill, which passed last year. Jim DeMint, a Republican Senator, and Bernie Sanders, an independent Senator, led the charge for a Federal Reserve audit [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,8],"tags":[],"class_list":["post-10169","post","type-post","status-publish","format-standard","hentry","category-news","category-articles"],"_links":{"self":[{"href":"http:\/\/www.nhteapartycoalition.org\/tea\/wp-json\/wp\/v2\/posts\/10169","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.nhteapartycoalition.org\/tea\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.nhteapartycoalition.org\/tea\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.nhteapartycoalition.org\/tea\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.nhteapartycoalition.org\/tea\/wp-json\/wp\/v2\/comments?post=10169"}],"version-history":[{"count":1,"href":"http:\/\/www.nhteapartycoalition.org\/tea\/wp-json\/wp\/v2\/posts\/10169\/revisions"}],"predecessor-version":[{"id":10170,"href":"http:\/\/www.nhteapartycoalition.org\/tea\/wp-json\/wp\/v2\/posts\/10169\/revisions\/10170"}],"wp:attachment":[{"href":"http:\/\/www.nhteapartycoalition.org\/tea\/wp-json\/wp\/v2\/media?parent=10169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.nhteapartycoalition.org\/tea\/wp-json\/wp\/v2\/categories?post=10169"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.nhteapartycoalition.org\/tea\/wp-json\/wp\/v2\/tags?post=10169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}