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To: Buchal

WHO goes to the FED for LOANS???


9 posted on 12/02/2010 4:22:01 PM PST by Ann Archy (Abortion......the Human Sacrifice to the god of Convenience.)
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To: Ann Archy

This is old news

http://www.thenation.com/article/153929/aig-bailout-scandal


12 posted on 12/02/2010 4:28:32 PM PST by Roccus (OUR GOVERNMENT IS COMPRISED OF BUFFOONS, TRAITORS, CRIMINALS AND IDIOTS!!!!!!!)
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To: Ann Archy
WHO goes to the FED for LOANS???

Take out a dollar bill and read what it says on the top... Federal Reserve Note. It's a LOAN document. The Federal Reserve Banks LOAN MONEY INTO EXISTENCE... so, in answer to your question, EVERYBODY goes to the Fed for loans including the Federal Government... and they get the money at a discount, which means it can never be repaid because there isn't enough money to pay the principle plus the discount for what was borrowed!

14 posted on 12/02/2010 4:36:26 PM PST by Swordmaker (This tag line is a Microsoft product "insult" free zone.)
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To: Ann Archy

Who goes to the FED for loans? Anybody rich and powerful enough to do so.


44 posted on 12/03/2010 9:37:33 AM PST by Buchal ("Two wings of the same bird of prey . . .")
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