From NaturalNews: Massive fraud alert: Coronavirus “recovery” bill gives Fed control over $450 billion in SECRET — who’s going to get this money?

(Natural News) In their rush to “do something” to help Americans harmed economically by the coronavirus pandemic, which led most state governors and mayors to issue ‘stay-at-home’ orders and to shutter businesses deemed “non-essential,” Congress has once again passed a gigantic spending bill that is long on spending money we don’t have but short on oversight. As reported by POLITICO, one little-noticed provision in the recently passed $2.2 trillion CARES Act provides the Federal Reserve with a nice pile of money — $450 billion to be specific — that it can do with what it pleases, basically, as long as it is called ‘relief.’ Not only that, but the Fed will be able to ‘manage’ these funds with far less oversight, meaning that it is essentially a secret slush fund that Fed board governors can do with as they please.

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Saturday, 20 July 2024

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