Unholy Alliance: The Federal Reserve and the TreasuryCassandra Anderson This system is troubling for the following reasons: The Treasury is using the $40 billion/month paychecks to bridge the federal debt and make Obama look good. Shareholders in Freddie Mac and Fannie Mae are suing the US government for bailing out and taking possession of the companies in 2008. The shareholders are angry that the Treasury is pocketing all of the profits that Freddie Mac and Fannie Mae are generating. But the profits are an illusion as the Federal Reserve is propping up the companies. This scam was planned years ago when the Federal Reserve lowered interest rates to an irresistible level and subprime loans were made to people who did not qualify for them, creating the real estate bubble and burst. Then, the US government stepped in an took possession of Freddie Mac and Fannie Mae after using taxpayer money to bail them out. Freddie Mac and Fannie Mae guaranteed half of the nations mortgages worth $5 trillion and Wall Street pressured Congress to step in and save them. The bottom line is that the Fed merely is using this method (among others) to create money out of nothing and hand it over to the government, its trustworthy partner-in-crime. Thats why Congress will never do anything to offend the Fed. They could not continue their plunder without them. Sources: http://useconomy.about.com/od/criticalssues/a/Fannie-Bailout.htm Please visit Cassandra Andersons own site MorphCity where this article first appeared. linkwithin_text=Related Articles: 