$16 trillion were given to banks all around the world. That's how this begins.
The Financial Crisis was intentionally created in order to consolidate
power, as always. The Fed proposed to expand its balance sheet by a few
TRILLION and reassured the public it would take it easy.
Prime
Minister of Canada, Stephen Harper, promised that there was no bailout
necessary for the Canadian banks and that they were as strong as ever.
Documents
have revealed that in fact, Canadian banks not only received bailout
money from Canadian sources, but also from THE FEDERAL RESERVE!
The Fed's Secret Liquidity Lifelines
Canada Bank Bailout: Yes, There Was One
$114 billion in emergency lending and cash injections at the bailout's peak.
Federal
Deposit Insurance Corp The fund has less than its required reserve
ratio of 1.15 percent of the deposits it insures, and the FDIC expects
to reach that goal by 2018. The reserve ratio was at 0.45 percent at the
end of 2012, according to the agency.
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