Peter St Onge, Ph.D. @profstonge DOGE takes aim at the Mother of Slush Funds: The Federal Reserve.
With Ron Paul to head the team.
Americans would probably love to know who got the Fed's $7 trillion.
https://x.com/i/status/1892929770871984348
Why Audit the Fed: A $7 trillion Slush Fund
https://www.profstonge.com/p/elon-audit-the-fed
The second big area is the Fed as slush fund. The Fed currently reports $7 trillion in assets.
These were overwhelmingly bought directly from Wall Street or hedge funds, including hundreds of billions in overseas swaps where the Fed just hands dollars to foreign central banks.
We have no idea what back-room deals went on to use your dollars to bail out one bank -- or hedge fund -- but not another. Or one country -- remember the Tequila Crisis -- but not another.
In short, they literally printed up 7 trillion dollars and we have no idea where the dollars went.
In fact, without an audit we have no idea if the 7 trillion number is even accurate -- maybe it's 9, maybe it's 12. Who knows how many counterfeit dollars they dumped into special interests to dilute the dollar's buying power and siphon away Americans' life savings.