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http://usawatchdog.com/european-bank-bailout-and-eu-bailout/
If more than $600 billion is not enough for the EU’s share of bailout money from four of the biggest central banks in the world, then you have yourself one big insolvency problem. Once again, the solvency of the entire system is threatened. This is not just an EU bailout. The last global meltdown caused the Federal Reserve to create and hand out $16 trillion. That $16 trillion figure is a solid number. It came from the Government Accountability Office (GAO) compliments of a little provision Senator Bernie Sanders tagged on to last year’s Wall Street reform bill. (Click here for the complete report. This is an outrage!) So, if the U.S. Federal Reserve doled out $16 trillion the last time, how much will stopping this global meltdown cost? We will never know because the GAO Fed audit was an OTO (one-time only.)
Dr. Stephen Jones has been writing blog posts since 2005 on a variety of topics from Bible Studies to World News, and he has been writing books since 1992. Dr. Jones' most important writings came after God brought him back into the full-time ministry in 1991. It is here that all his earlier years of searching the Scriptures began to come into clear focus. He combines a knowledge of the Old and New Testaments with a personal revelation of God that began and developed during the "wilderness" period of his life, which he often refers to as God's True Bible College... Read More
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