Elizabeth Warren ~ Taxpayers subsidize big Banks handing out $85 Bln annually

Sen. Elizabeth Warren (D-Mass.) grilled Federal Reserve Chairman Ben Bernanke about the risks of having banks that are too big to fail on Tuesday. According to a recent Bloomberg study, some of the biggest banks are receiving $83 billion in subsidies each year. Bernanke appeared before the Senate Banking Committee and was forced to answer whether or not these financial institutions should be forced to reimburse taxpayers for the bailouts. Anthony Randazzo, director of economic research with the Reason Foundation, breaks down the numbers.

"Usury, once in control, will wreck any nation.
Until the control of the issue of currency and credit is restored to government and recognized as its most sacred responsibility, all talk of the sovereignty of parliament and of democracy is idle and futile."
- William Lyon Mackenzie King
"The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks."
- Lord Acton