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

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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

Friday, December 02, 2011

 

Bloomberg Reports $7.7-Trillion in no-interest 'Emergeny' Loans

John Stewart, of the Daily Show on Comedy Central, crushes a kitten when he learns the truth. In 2008, the Federal Reserve offered failed banks $7.7-Trillion in no-interest (0.01%) loans. The banks took the money (including many over-seas banking organizations) and then loaned it back to the U.S. Federal Government at interest (3-7%), and paid their CEO's bonuses out of the money they make on the spread. Cool work if you can get it.

# posted by Philosopher3000 @ 1:58 AM
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