To put $16 TRILLION in perspective, that's $2 TRILLION more than the US GDP. That's enough money to pay practically every American (320,000,000 people) a $50k salary for one year. Put another way, that's enough money to put ~10% of Americans (32 million people) to work at $50k annually for a DECADE.
What's funny is that Ben Bernanke was just here in Jackson Hole calling for more "Quantitative Easing" (aka Bullshit Bankster Bailouts) and was featured on the cover of last weekend's Jackson Hole News & Guide bragging about how prior printings of Federal Reserve funny money had created 2 million American jobs, decreasing unemployment by a measly 1%. If these bailouts (notably the the $16 TRILLION in SECRET bailouts) were really intended to create jobs or improve the quality of life for average Americans as Bernanke pretends they are, $16 TRILLION properly allocated -- as opposed to stolen -- would easily eliminate our unemployment problem and jumpstart the economy.
Did you see a penny of this money personally? Can you get a significant loan at any rate let alone the rate close to 0% that the Banksters are giving to corrupt governments, mega corporations, and one another? What impact has the inflation this sudden printing of TRILLIONS had on the your purchasing power? How are taxpayers ever going to pay this amount back? (hint: they're not.) Most importantly, where did all this money go and how do we the people get it back or change the system in such a way that ill-gotten wealth like this is worthless?!
Excellent commentary...