[Natufian]

So, if I’ve got it right, foriegn banks borrowed money from the Fed and then paid it back. And my worry level should be high why exactly...?

[kittymyrib]

U.S. citizens shed blood to keep Europe from being enslaved, and we’ve invested hundreds of billions for its defense since WWII. Now we bail them out with more hundreds of billions so they can keep their socialism going.
And they consider us unsophisticated rubes who don’t know how to run our country.
Shame on us for proving them correct.

[WilliamofCarmichael]

How much money did China get that's what I'd like to know.. they were not happy holding those toxic assets and they let Washington know it.

"We want our money back! Give it back or do you want to lose California? . . . . Well?

"We're thinking. We're thinking."

Thanks, Jack Benny. :)

[bgill]

And here's the kicker: the Obama Administration is now talking about sending still more IMF funds in an effort to stave off a collapse of the Euro

Most likely going straight into Soros' pocket.

[Darth Reardon]

I know they argue that it would be disaster if we let the banks fail (which makes sense, since that would be capitalism, and we all know that has been proven not to work, since it failed so badly when we didn’t try it). Said disaster would have a huge price. Looking at the several trillion given to US banks alone, I have to wonder just how much worse “disaster” would be.