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Did the US Federal Reserve finance Saddam Hussein’s weapon purchases?

Published: 27 February, 2010, 18:51
Edited: 24 March, 2010, 03:01


As Congress debates legislation to make the US Federal Reserve less secretive, Republican Ron Paul said the Bank loaned Iraq billions of dollars to buy US weapons in the 1980s.

 
6 COMMENTS
freal February 27, 2010, 18:49 quote
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The fed owns every thing from the arms factories that made the money to the companies that loaned the money they made money on. To eventually sanction their country and soften them up for ten years before raping them off there oil. Setting up black operation to creat disharmony for an excuse to stay there to rape it of more money for more controle. Im looking forward to watching how they set us up for the 3rd world war 911 ha fa haw... American -------- and we English are no better dont believe the hype

bronx February 28, 2010, 00:51 quote
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Part 2 The bankers knew that this loan was going to go bad, but that didn’t matter because that was part of the plan. Then they took those $750.000 house as collateral, put it in some kind of mortgage backed fund and then bedded 100 time more so it would be $75 million and when the price of real estate going up, they get astronomical profits which was taken out of US in the Cayman Islands secret banks and of the official banking books. Then when the prices of the real estate started falling, they created an astronomical loses. Their plan was to bankrupt the USA and come back and but everything on the chip with the profit which they made earlier when the prices went up. But what happened was the rest of the banking World said enough of this crime and theft and they said no, you cannot cash in on those money because that was created from fraud. And that’s how the World economic crises was orchestrated 2 years ago. When Obama took the office they refloated the bubble which came to something like $4 quintillion dollars, by which these guys are broken to the core and mortally wounded because everything that they printed on their money printing machines since 1913 it wouldn’t amount to that much. Simply they are broke. The international banking cartel which had a total control of the World banking system for the past centuries is finally out of the game and they did it to themselves. Thanks God for that.

bronx February 28, 2010, 00:53 quote
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Part 1 The Federal Reserve of US has been engaged in Economic Terrorism ever since its unconstitutional conception in 1913, (exclusive right to own money printing machines). This is what happened with the latest World economic collapse which left many people around the World devastated: President Clinton and Greenspan secretly passed a law allowing 100 time leverage, which means previously if you buy a $100.000 future contract, you have to had $10.000 real dollars, but with this new secret law you only needed to have a $1000 to borrow $100.000 which makes it much, much more high risk high return. The intention with this very high risk law was, for example, in California the banks were lending money to an illegal Mexican worker who was earning $12.000 per year, they gave him a loan to buy a house worth of $750.000 and he didn’t have to re-pay money on his borrowings for the first five years, because he wouldn’t have them anyway.

joshuabrucel February 28, 2010, 10:52 quote
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Great article. I love how RT promotes the Patriot movement and people like Alex Jones. Even if RT was doing it for cynical reasons they have a lot of good pro American freedom articles. END THE FED!

Lelorrain yves February 28, 2010, 23:48 quote
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I like the picture of Mr Saddam Hussein in front of federal reserve building, your picture descript the reality very well, the US is a set up country for money only.

thered702 March 24, 2010, 02:41 quote
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re: bronx are you serious? out of the game? they are so ahead of the game its not funny. they already have a european currency. now working on north american currency. then african and asian. then it will be much easier to instill the global currency. then ALL taxes will be paid directly to the bank. and with this unconstitutional healthcare, they can never be sued for price fixing. which you can bet your life a bunch of liberals are going to do just that. if americans come to civil war all is lost. they will proffit off of us killing eachother off because we are all insurred. we dont need to for a revolution to fight eachother. we need to say the hell with ucc (uniform commercial code{bka law of the world} a concept conceived by ceasar. a socialist. the senate gave him dictatorial powers, and he never gave them back. i see that has already happened here. obama IS wall street. impeach him and declare war upon the banking czars. enough. international terrorism of the highest scale. threatening a civil war in america which will undoubtedly trigger another world war. kill the bill. then charge the financial institue and bring it down to its knees. the old fasioned way. you will be hearing alot more from me on this subject and more. i will frequent this stations site. i see their reports all over youtube.com and am happy to see someone doing real unbiased news. yes, fox is biased too.

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