US national debt hits $16 trillion! In other news, President Hu Jintao of China retires...

[Kasz216]

S.T.A.G.E. said:

Fed audited and caught giving out 16 trillion to banks in the US and places around the world. Goobye Bernanke and thank you Ron Paul. :)

http://beforeitsnews.com/economy/2012/09/first-audit-in-the-federal-reserves-nearly-100-year-history-were-posted-today-the-results-are-startling-2449770.html

I... already knew about that.  

in fact...

http://www.forbes.com/sites/traceygreenstein/2011/09/20/the-feds-16-trillion-bailouts-under-reported/

Can't see it doing much now since it didn't then.