Where Did the Fed Get $7.7 Trillion?

The Federal Reserve – a privately owned lender to the Federal Government in the US – printed $7.7 trillion during the 2008 financial crisis.

They gave it to banks in 2008 while the rest of America started to fall apart.

Dennis Kucinich explains:

If you don’t believe what he’s saying, know this:  nearly HALF of all capital gains in the US went to just 0.1% of the US population.  Continued efforts to reduce the tax on capital gains will only exaggerate the inequality in the US and elsewhere, including Canada.

Here’s the translation:  socialism for the top crust, capitalism for the rest of you.