The Fed Grants $7.77 Trillion in Secret Bank Loan – Now Do You Understand Occupy Wall Street? – Dennis Kucinich
Introduced in September 2011, H.R. 2990, “The Need Act” – H.R 2990 – National Emergency Employment Defense Act of 2011 might see the light of day if Congressman Kucinich gets his way.
An advocate for reform of the Federal Reserve, Kucinich sharply criticizes the Federal Reserve after Bloomberg news reported that the Federal Reserve secretly committed nearly $8 trillion in support to American and international financial institutions during the 2008 bailout. Kucinich recorded a video for his website before going to the floor of the House of Representatives to call upon Congress to reclaim its Constitution primacy over monetary policy.