Matt Tiabbi: Why is the Fed Bailing Out Qaddafi?

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Amazing!

Barack Obama recently issued an executive order imposing a wave of sanctions against Libya, not only freezing Libyan assets, but barring Americans from having business dealings with Libyan banks.

So raise your hand if you knew that the United States has been extending billions of dollars in aid to Qaddafi and to the Central Bank of Libya, through a Libyan-owned subsidiary bank operating out of Bahrain. And raise your hand if you knew that, just a week or so after Obama’s executive order, the U.S. Treasury Department quietly issued an order exempting this and other Libyan-owned banks to continue operating without sanction.
http://www.rollingstone.com/politics/blogs/taibblog/why-is-the-fed-bailing-out-qaddafi-20110401

[xchrom]

1. can you say 'corrupt'? nt

[hulka38]

2. It's all about saving the protestors

from the bad guy though, right? That's what my president said and he's so nice.

[theaocp]

3. I honestly can't say anything

that wouldn't get deleted ... other than this. Surreal.

[Aerows]

4. Corruption

And don't be surprised if you get yelled at by Obama supporters for pointing that out. The Federal Reserve essentially IS the world government. They control everything.

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5. I'm a big big fan of Matt Tiabbi...

Griftopia is one of the most important books written in years.

Unfortunately, the uniformed masses will never read it.