Ultimate money magician in the Federal Reserve and the art of shadow bailouts – The continuing secretive bailout of the $3.5 trillion commercial real estate market.

Wednesday, December 21, 2011
By Paul Martin

by MyBudget360,com

The Federal Reserve is the ultimate magician in concealing bad bets for the flawed banking system. Few in the history of theFederal Reserve have called them out on their shadow bailouts but people are starting to wakeup no thanks to the mainstream controlled media. Think about how insane it is to have a central bank that does not even report to the people of the country it serves and is able to destroy the currency by bailing out bosom buddy bankers at the expense of the population. How is that even possible? Since this is the architecture of the system it becomes possible to create mega shadow bailouts like that occurring in the commercial real estate market (CRE). The CRE bailout is largely a sign of what is wrong with our broken financial system. Sure, with residential real estate the argument can be made that this impacts most American families. Of course even in that arena it has been a failure for the public but the CRE market is strictly a big money and big banking issue. The market imploded from being valued at $6.5 trillion a few years ago down to $3.5 trillion today. Yet why is it the responsibility for average Americans to bailout banks for bad bets on luxury hotels and failed strip malls?

The continuing bailout you are not hearing about
There is a false narrative flowing in the market that the bailouts are winding down and somehow we have turned a profit. All we need to do is look at the Federal Reserve balance sheet to see that this is not the case:

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