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Tag Archives: Federal Reserve

The Wall Street Bailout: A Financial Coup d’etat

The Emergency Economic Stabilization Act and Troubled Asset Relief Program (TARP), commonly referred to as a “bank bailout,” authorized the US Secretary of the Treasury to spend $700 billion (actually spent more than double that) of taxpayer dollars to purchase distressed assets, ...

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Congressman McFadden Continues to Expose the Federal Reserve: “It was a piece of legislative trickery; …a piece of work in the committee that was silent & secretive.”

Congressman McFadden, Congressional Record: January 8, 1934: “The Congress of the United States must immediately throw the searchlight of investigation into this dark corner, or we are going to be swamped with political influences that are manufactured in foreign countries ...

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