The following two quotations are taken from The Creature from Jeckle Island - A Second Look at the Federal Reserve, by G. Edward Griffin:
Quote #1
"One of the most revealing episodes in this drama was played out in the federal hearing room on March 3, 2009, when Fed Chairman Bernanke testified before the Senate Budget Committee. When Senator Bernie Sanders asked if he would provide the names of the financial institutions that received bailouts, Bernanke paused for a moment and then said, flatly, 'No!' The excuse for this amazing refusal was that to reveal their names might cause the public to lose confidence in those banks and withdraw their deposits, which would cause further problems. There may have been a less praiseworthy motive for the secrecy. Rumors were flying that billions of dollars had been sent overseas to banks of other countries, and such information would not have set well with American citizens." - page 62,63
Quote #2
"All of the money was provided by the Federal Reserve acting as the 'Lender of last resort.' That was one of the purposes for which it had been designed. We must not forget that the phrase 'Lender of last resort' means that the money is created out of nothing resulting in the confiscation of wealth through inflation." -Page 66
To find out if this is "Fake News", you could wait to see if CNN or the New York Times says it is. Or you could read this book yourself (I recommend the latter!)
Recommended reading:
The Creature from Jeckle Island - A Second Look at the Federal Reserve, by G. Edward Griffin:
For further research:
This is the video that got Glen Ben Beck Fired from Fox News
Ron Paul: Bernie Sanders Destroyed Audit the Fed Bill at Last Minute [Video]
