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What Does it Cost to Change the World? from WikiLeaks on Vimeo.

Via Postal Mail - You can post a donation via good old fashion postal mail to: WikiLeaks (or any suitable name likely to avoid interception in your country), BOX 4080, Australia Post Office - University of Melbourne Branch, Victoria 3052, Australia

Thursday, April 07, 2011

 

The Primary Dealer Credit Facility = $9-Trillion+

The Primary Dealer Credit Facility - according to CNN Money and ProPublica, the total extent of this UNDISCLOSED Federal Reserve 'Emergency' (no-interest) Loan program between May 2008 & 2009, was $9-Trillion, and although $7-trillion of the PRINCIPAL has been 'repaid', this represents an increase in the money supply of ~$90-T. Meaning the US$ is worth 1/3 less today than in '08. Has your salary, home equity, or the value of investments risen by 33% in the last three years? If so, you are a winner of this game. Also, the Banks gave bonuses as a result of this 'increase' in capital and lend the money to corporations at interest, creating debt of nothing, and that expense is passed on to the consumer as a cost of business. If they had failed to pay back these 'loans' the US Taxpayer would have been responsible, via an increase in US National Debt. (so much for pocket change of the $700-B TARP, and $800-B 'Stimulus')

http://money.cnn.com/2010/12/01/news/economy/fed_reserve_data_release/index.htm

http://projects.propublica.org/tables/treasury-facilities-loans

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