GAO Audit of the 'FED' Comes Out

N E W S B R E A K
GAO Audit of the 'FED' Comes Out
The Next Economy is emerging
as the old we’re now purging.
The old will be made new with
  the Source Field now surging.
by Christos Lightweaver

Emerging Conscience Series 11-29-11

Graphically archived at:
www.heartcom.org/GoodCheer.htm

Previous article 11-22-2011
Conscience Currency and the Next Economy

PREFACE:
Watch this excellent 5 min video on the plain truth
to keep the following in perspective.

The plain truth is SHOCKING, and what follows is an urgent wake-up call to 'Occupy Conscience'.  Let this SHOCK prevent surprise later if we see more insane terror, war and unconscionable fear-mongering by the effete elite whose time is short and wrath is great. They are facing the end of THEIR world as they have known it, and that .0001% of 'arch laggards' wants everyone as miserable as they are.

As abundant Conscience at the heart of the 'Abundant Life' becomes a self-evident virtue defining the NEXT ECONOMY, corruption in scarcity economics and monopoly capitalism naturally implodes upon itself.  Our economic system is about to morph like a caterpillar into a butterfly.

Yesterday I read that the first Congressional audit of the privately owned Federal Reserve central banking system finally came out in response to demands following the bankster bailouts.  Read that HERE: Bloomberg News 11-28. 

This is BIG NEWS from the mainstream media but in psy-ops parlance, it's a 'limited hangout':  the "7.77 TRILLION in loans" mentioned only addresses the U.S. bailouts but fails to mention a total of 16 TRILLION in loans to foreign bank stakeholders in the FED central banking sphere of influence... as you can read HERE.  To quote:

"Ben Bernanke, Alan Greenspan, and various other bankers vehemently opposed the audit and lied to Congress about the effects an audit would have on markets. Nevertheless, the results of the first audit in the Federal Reserve’s nearly 100 year history were posted on Senator Sander’s webpage earlier this morning (11-28).

"What was revealed in the audit was startling:

 $16,000,000,000,000.00 (trillion) dollars had been secretly given out to US banks and corporations and foreign banks everywhere from France to Scotland. From the period between December 2007 and June 2010, the Federal Reserve had secretly bailed out many of the world’s banks, corporations, and governments.

  

"The Federal Reserve likes to refer to these secret bailouts as an

 all-inclusive loan program, but virtually none of the money has been returned and it was loaned out at 0% interest. 

  

"Why the Federal Reserve had never been public about this or even informed the United States Congress about the $16 trillion dollar bailout is obvious - the American public would have been outraged to find out that the Federal Reserve bailed out foreign banks while Americans were struggling to find jobs.

 

"To place $16 trillion into perspective, remember that... The entire national debt of the United States government spanning its 200+ year history is 'only' $14.5 trillion."

 

Banks (especially Bank of America) recently "shifted" $75 Trillion of "Derivatives" debt to the obligation of American taxpayers, and the (privately owned) "Federal" Reserve was reported to have "bailed out" domestic and foreign Banks with $16 Trillion (also obligated to future American taxpayers). Yet the "super committee" worried only about the $1.2 Trillion deficit. 

Talk about a 'limited hangout'! 
Who in the corporate media
is telling us the plain truth
and what to do about it?

WATCH THIS: THE PLAIN TRUTH ABOUT FIAT MONEY AND THE BANKING SYSTEM http://www.youtube.com/watch?v=yCdlsZLNSJE (29.55 minute animated cartoon). This is the plain truth for home schoolers and young adults who never studied economics, and for Ph.Ds who never suspected that what they learned at graduate school is gross obfuscation.

Problem / Solution Resolution
Ellen Brown is an attorney and president of the Public Banking Institute. In Web of Debt, her latest of 11 books, she shows how a private cartel has usurped the power to create money from the people themselves, and how we the people can get it back. Her websites are WebofDebt.com and EllenBrown.com. To quote Ellen Brown:

"The American people, who are already suffering massive unemployment and cutbacks in government services, would have to sacrifice more and pay the piper more, just as in those debt-strapped countries forced into austerity measures by the International Monetary Fund.

  

"The fear-mongering, however, is a red herring. A sovereign nation can always find the money to pay debts owed in its own currency. The Federal Reserve can buy the debt itself - just as it has been doing. That alternative would effectively eliminate the problem of interest, since the Fed returns its profits to the government after deducting its costs.

  

"Alternatively, congress could reclaim the power to issue money from the banks and fund its budget directly. The US could pay its bills using debt-free US Notes or Greenbacks, just as president Abraham Lincoln did to avoid a crippling debt during the Civil War. Congress could do this without changing any laws.

  

"Congress is empowered to "coin money", and the constitution sets no limit on the face amount of the coins. It could issue a few one-trillion dollar 'coins', deposit them in an account, and start writing checks."

 

Yep, that would do it - resolution of the core corruption behind the disruption of global civility.  The only reason it hasn't happened yet is because the corporate media is complicit in the cover-up of the agenda of powerful oligarchies, plutocrats and their 1% of power elite sycophants who go along for the same nefarious love of power that is stonewalling the ordained surge of the power of love in the Source Field.

The Aquarian Dispensation is indeed ordained to
  liberate the masses with universal freedom-in-love.
So keep the faith in good cheer!
 Get the Vision, Embrace the Virtue, Make the Vow and Claim the Victory - Occupy Conscience! 
INSIGHT... Where It's Going Occupy Conscience Movement TowardsOne Unity, One System, One Design
Continued at: www.heartcom.org/GoodCheer.htm