Apr 2, 2011

Bernanke Provided Billions In Loans to Gaddafi

Indeed, billions of dollars worth of loans went to Libya. Senator Sanders asks why we loaned billions to Libya:

Sen. Bernie Sanders (I-Vt.) today questioned why the Federal Reserve provided more than $26 billion in credit to an Arab intermediary for the Central Bank of Libya...

"The American people are going to be outraged when they understand what has been going on," U.S. Representative Ron Paul, chairman of the House subcommittee that oversees the Fed, said in a Bloomberg Television interview. - George Washington