By Richard (RJ) Eskow
December 1, 2011 - 10:14pm ET
No, scratch that. It was the greatest hoax in the history of money. And it was built on lies. How many? Let us count the ways.
Friday, December 2, 2011
The Greatest Hoax in the History of Money: The Fed, the Banks, the Lies
It took the journalists at Bloomberg News
two years - and presumably lots of legal fees - to pry information out
of the Federal Reserve that should have been made public long ago. We
now know that the Fed's secret $7.7 trillion lending program wasn't just
the most massive bank bailout ever seen, and it wasn't just free money
for mega-bankers - though it was certainly both of those things. It was
also the greatest hoax in stock market history.
No, scratch that. It was the greatest hoax in the history of money. And it was built on lies. How many? Let us count the ways.
No, scratch that. It was the greatest hoax in the history of money. And it was built on lies. How many? Let us count the ways.
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