“The Federal Reserve and the big banks fought for more than two years to keep details of the largest bailout in U.S. history a secret. Now, the rest of the world can see what it was missing.” (Source: Bloomberg)
There is no money for the energy revolution, no more money for renewable energy subsidies and green cars. You can see why: the US FED lent nearly 8 trillion dollars to the banks when they needed to be bailed out – oh and yes, these banks made over 13 billion dollars thanks to these loans. Need any more explanation?