Why is the Fed Bailing Out Qaddafi? by Matt Taibbi.
by Matt Taibbi
Rolling Stone
April 1, 2011
Barack Obama recently issued an executive order imposing a wave of sanctions against Libya, not only freezing Libyan assets, but barring Americans from having business dealings with Libyan banks.
So raise your hand if you knew that the United States has been extending billions of dollars in aid to Qaddafi and to the Central Bank of Libya, through a Libyan-owned subsidiary bank operating out of Bahrain. . . .
Reposted from Dandelion Salad.
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