House Speaker Nancy Pelosi said in June 2009:
"Many of us were taken aback when the Fed had $80 billion to put into AIG just out of the blue. We wake up one morning and AIG has received $80 billion from the Fed. . . . So of course we're saying.......... Where's this money come from? ‘Oh, we have it. And not only that, we have more.’”
### $12.3 trillion was the figure recently revealed for the Fed’s “emergency lending programs” to bail out the banks.
According to CNNMoney –
“[T]he Federal Reserve made $9 trillion in overnight loans to major banks and Wall Street firms . . . . All the loans were backed by collateral. . . ......''
##### so private central banks create money or credit out of thin air and these loans are backed by cold-hard collateral.............
that is why you got Osama Bin La la to counterbalance them
Osama working for them lah...........