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Bernanke’s Obama FED Bailout Already Underway Just As Wall St Insider Warned

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Nearly two months ago a longtime Wall Street Insider warned that FED Chairman Ben Bernanke would initiate an attempted QE3 bailout of the Obama campaign to help Barack Obama win re-election in November. It appears that bailout has already been initiated…

EXCERPT:

Jim Rogers: Fed Has Already Begun QE3 to Avoid ‘Egg on Their Face’

International investor Jim Rogers says that the Federal Reserve is secretly printing money to avoid “getting egg on their face again” after previous attempts to kick-start the faltering economy with more than $2 trillion of quantitative easing failed.

Two previous rounds of quantitative easing (QE1 and QE2) pumped a collective $2.3 trillion into the economy and Fed officials say they remained poised to roll out a third round (QE3) if recovery doesn’t gain steam.

Don’t wait for that announcement to occur.

“I do not know if they will announce it. I know they are going to print more money. They already are,” Rogers told India’s Economic Times.

…”They may just continue to do it without getting egg on their face again, but they are going to print money, they are all going to print money. It is the wrong thing to do, but that is all they know to do.”

http://theulstermanreport.com/2012/09/04/just-as-wsi-warned-bernankes-obama-fed-bailout-already-underway/

continue here at Money News:

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    Total 4 comments
    • Anonymous

      As another beforeitsnews article explains (http://tinyurl.com/92ulwgb) the FED “lent” banks over 16 trillion dollars! As they lent it at 0% interest, and with the hopes that the loans would never be made public, it is clearly more akin to a gift than a loan. This 16T needs to be added to the QE moneys.

    • Anonymous

      The article says, “The Federal Reserve is secretly printing money”. The federal reserve does not print the money. The U.S. Treasury does. That is, unless the ‘fed’ has some hidden printing presses that nobody knows about. The OCC (Office of the controller of the Currency, http://occ.treas.gov), owns and operates the mints and the printing presses. The ‘fed’ can only order the money, but the U.S. Treasury must supply the actual currency.

      • YellowRoseTx51

        Its a shell game. It is indeed the Federal Reserve who is “acting” as “Federal government”. The OCC is run by the people that worked for these banks/merchants such as Sachs Goldman which is the Gad House. There was in fact, a J. Ventura expose’ on it. This has been going on a long time, and they have had plenty of time to ‘tie’ enough red herrings and red tape to lead anyone down the garden path. You have to go back to 1908, and then trace it forward.
        “Federal” was created at the same time as “Royal”, during babylon. They were given Latin claims of “Divine Right”, so that they could gain their ‘fee due’ from the slave populations the way the Royals did. That is why they revere Selene. “Royal” is “Roy Al” which is “Blood El” & “Federal” is translated to “Feder Al” which is “Bloodkin El” and these are the lesser pharaonic nobility. By Latin Law “FEDERAL” is “Fee Due El” which is the same as “FIDUCIARY” as “Fee Due Agent”.

    • YellowRoseTx51

      It is a Company Store System. Bailout wont work because it is not bailing out the economy it is being laundered to be stolen. All bailout money eventually ends up back at the Company Store Bank…the Fed. who owns all the Corporations (all are under the ‘Federal’) being bailed out and this is who the main thief is in this game. The ‘Federals’ are the Lesser Nobility, i.e. “Sir Evelyn Rothschild”.

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