It’s not a bailout. IT'S A TAKE-OVER!
The unconstitutional Federal Reserve has created $2 Trillion out of thin air over the course of the last few weeks. Very little of the money has been accounted for, let alone gone to help the imploding economy. Bloomberg News has filed a Freedom of Information Act to find out where exactly the Trillions went. The money from TARP has also not been fully transparent and has lacked oversight. In fact Paulson is no longer using the bailout money for the intended purpose of purchasing ill-liquid assets and securities. Instead now the people's money is being handed over wholesale directly to largest banks. So far as we know the four largest banks have received the majority of the Billions being handed out to financial institutions. The accounts of Citibank, Bank of America, JP Morgan Chase, and Wells Fargo have been flushed with billions in cash. Now they are sitting on their new capital and consolidating smaller banks. Furthermore its not an accident that these four largest banks receiving most of the money are owned by the very same elite families who own the private Federal Reserve. Simply put, the Elite use the Federal Reserve to create money (debt) out of nothing, then transfer the bulk of the cash to their commercial banks while receiving a nice return on the interest rate from the American taxpayer. It's an enormous scam of incredible proportions being perpetuated on the American public.
But this bailout was never really about money; in fact it wasn't even a bailout, it was a takeover. The Elite seek power, not more money; they create the money, it's the power they crave. That was the intention and result of the TARP legislation which was forced through Congress despite immense popular opinion against it. It was never about helping the economy. These very same people were the ones who purposely engineered the economic collapse. This was about the taking power, it was nothing less than a banker's coup of the Republic and Constitution.