The Secret, Bigger Bail Out
July 22, 2011 — The Fed secretly gave out over $16 trillion to banks during the bailout. The previously reported figure was closer to 1 or 2 trillion. US gdp in 2010 was $14.7 trillion. This is like a guy making $50k a year giving a $40k, 0% interest loan to his gambling addict brother-in-law,…