“It is incomprehensible to me that while creditworthy small businesses could not receive affordable loans, the Federal Reserve was providing tens of billions of dollars in credit to Moammar Gadhafi’s central bank,” said Senator Bernie Sanders last week.

The Libyan bank is using U.S. Treasury securities as collateral for low-interest loans from the Fed, then loaning it to the U.S. government for huge profit at taxpayer expense. It just came to light March 31 that Fed bailout programs gave out trillions more overseas, but the Arab bank was unique in that it was under strict U.S. economic sanctions. We are financially supporting who we are warring with. It’s time to end both the Fed and Obama’s war.

Scott Vanderlinden
Oak Harbor