Glenn Beck used his Monday evening broadcast to expose the four key ways in which the Federal Reserve is a āscam,ā namely because:
- Weāre not allowed to see who owns the Fed
- Weāre not allowed to audit the Fed
- The Fed is our biggest lender (bigger than China)
- The Fed is the biggest receiver of Federal funds
BeckĀ believesĀ that the Federal Reserve and the Treasury are doing something "you and I couldn't get away with," and that's "writing bad checks."
"We are paying them for the privilege of bailing them out," Beck quipped. "How is that not criminal?"
There have been no less than seven government bailouts "funded by you since 2008" with aĀ price-tagĀ of $2 trillion. Beck asked what taxpayersĀ have gotten in return.