Fed Moves $421.8 Billion Without Warning, Is the Fed Bailing out Greece?

Never in the history of the Federal Reserve has there been such a massive increase in total lending......$421.8B without explanation. There is big money moving, and no one knows where it's going........

In the WH coven, the individual who needs scrutiny is not "Professor Ohaha." He knows nothing about high finance.

Rahm Emanuel was a Wall Street predator----WHO PROCEEDED TO TAKE OVER THE US TREASURY, once he got into the WH.

A COS controlling the Treasury? (shudders). As a Congressman, Emanuel created a "Family Foundation" as a tax dodge. The $421.8B move is one more indication of the calculating Rahm at work.

JUST AS AN EXAMPLE While acting the "succesful investor" and Wall Street advisor, thief Madoff was creating a labyrinth of interrelated international funds, institutions and financial entities of almost unparalleled complexity and breadth...... with assets and businesses in 11 places overseas that hid his rhievery.

The wealthiest Madoffians were businessmen who were funneling income to Madoff to avoid US taxes and banking laws, and acting publicly like do gooder "philanthropists". But they were all tax cheats and money launderers.

Below, is listed other examples of how this Rahm cretin operates.

Rahm Emanuel was a Wall Street predator----WHO PROCEEDED TO TAKE OVER THE US TREASURY, once he got into the WH. Here's how Rahm operates.....the COMPLETE TRANSPARENCY of the Ohaha WH (/snix):

Behind The Real Size of the Wall Street Bailout (Mother Jones reports its $14 trillion)
Mother Jones | Dec. 21, 2009 / FR Posted January 04, 2010 by E. Pluribus Unum

A guide to the abbreviations, acronyms, and obscure programs that make up the $14 trillion federal bailout of Wall Street.

The price tag for the Wall Street bailout is often put at $700 billion—the size of the Troubled Assets Relief Program. But TARP is just the best known program in an array of more than 30 overseen by Treasury Department and Federal Reserve that have paid out or put aside money to bail out financial firms and inject money into the markets. To get a sense of the size of the real $14 trillion bailout, see our chart here. Below, a guide to the pieces of the puzzle:

Treasury Department bailout programs (controlled by Rahm Emanuel)

Money Market Mutual Fund: In September 2008, the Treasury announced that it would insure the holdings of publicly offered money market mutual funds. According to the Special Inspector General for the Troubled Asset Relief Program (SIGTARP), these guarantees could have potentially cost the federal government more than $3 trillion [PDF].

Public-Private Investment Fund: This joint Treasury-Federal Reserve program bought toxic assets from banks and brokerages—as much as $5 billion of assets per firm. According to SIGTARP, the government's potential exposure from the PPIF is between $500 million and $1 trillion [PDF].

TARP: As part of the Troubled Asset Relief Program, the Treasury has made loans to or investments more than 750 banks and financial institutions. $650 billion has been paid out (not including HAMP; see below). As of December 21, 2009, $117.5 billion of that has been repaid. Government-sponsored enterprise (GSE) stock purchase: The Treasury has bought $200 million in preferred stock from Fannie Mae and another $200 million from Freddie Mac [PDF] to show that they "will remain viable entities critical to the functioning of the housing and mortgage markets." GSE mortgage-backed securities purchase: Under the Housing and Economic Recovery Act of 2008, the Treasury may buy mortgage-backed securities from Fannie Mae and Freddie Mac. According to SIGTARP, these purchases could cost as much as $314 billion [PDF].

--SNIP--- long read

Federal Reserve bailout programs

Commercial Paper Funding Facility: With the support from the Treasury, the Fed established the CPFF in October 2008 to increase the availability of short-term debt (commercial paper) funding. Up to $1.8 trillion [PDF] was earmarked for the program.

Mortgage-backed securities purchase: In 2009, the Fed earmarked up to $1.25 trillion to buy investments based on home loans.

Term Asset-Backed Securities Loan Facility: TALF provides financing to investors who are buying asset-backed securities. In February 2009, the Fed and Treasury announced an expansion of the program to generate up to $1 trillion in new lending.

Foreign Central Bank Currency Liquidity Swaps: The Fed has provided $755 billion [PDF] for currency liquidity swaps with foreign central banks.

--SNIP--- long read

=========================================

CIRCA Sept 15, 2009 A SHOCKING DISPLAY OF OBAMA'S THIRST FOR POWER

FOX News' Judge Napolitano notes: if implemented, the unconstitutional proposals Obama urged in his Sept 2009 speech to Wall Street will amount to a final coup d’état by banksters, their technocrats and enforcers, at the Federal Reserve (*the privately-held bankster cartel that masquerades as a government agency). Obama's "reforms" would install a dictatorial regulatory power controlled by international bankers oer the entire US economy — down to the local grocer and hot dog vendor on the corner. It will control our lives down to the smallest detail. It will require us to ask permission for the most mundane and routine of financial transactions. IT MUST BE BE RESISTED AT ALL COSTS. VIDEO LINK AVAILABLE Judge Andrew Napolitano On Obama/Bankster Takeover

Ping

If you remember nothing else, remember this....

Federal Reserve bailout programs

Commercial Paper Funding Facility: With the support from the Treasury, the Fed established the CPFF in October 2008 to increase the availability of short-term debt (commercial paper) funding. Up to $1.8 trillion [PDF] was earmarked for the program.

Mortgage-backed securities purchase: In 2009, the Fed earmarked up to $1.25 trillion to buy investments based on home loans.

Term Asset-Backed Securities Loan Facility: TALF provides financing to investors who are buying asset-backed securities. In February 2009, the Fed and Treasury announced an expansion of the program to generate up to $1 trillion in new lending.

Foreign Central Bank Currency Liquidity Swaps: The Fed has provided $755 billion [PDF] for currency liquidity swaps with foreign central banks. “

” CIRCA Sept 15, 2009 A SHOCKING DISPLAY OF OBAMA’S THIRST FOR POWER

FOX News’ Judge Napolitano notes: if implemented, the unconstitutional proposals Obama urged in his Sept 2009 speech to Wall Street will amount to a final coup d’état by banksters, their technocrats and enforcers, at the Federal Reserve (*the privately-held bankster cartel that masquerades as a government agency). Obama’s “reforms” would install a dictatorial regulatory power controlled by international bankers oer the entire US economy — down to the local grocer and hot dog vendor on the corner. It will control our lives down to the smallest detail. It will require us to ask permission for the most mundane and routine of financial transactions. IT MUST BE BE RESISTED AT ALL COSTS. VIDEO LINK AVAILABLE Judge Andrew Napolitano On Obama/Bankster Takeover

>>>BTW, bad link. It comes up “Page not found”.

Try this one.

http://seekingalpha.com/article/120220-kanjorski-and-the-money-market-funds-the-facts

We can’t have a private group doing this and that in the billions and trillions with our money and be told we can’t know what they’re doing with it.

thing is, technically, it's their money, not ours. But I agree, it's way past time for them to come out of the shadows. I think if Americans really understood how bad the bankers are screwing us, they would revolt.

THE U.S. FEDERAL RESERVE BALANCE SHEET EXPANDS DRAMATICALLY
http://jsmineset.com/2010/04/17/market-commentary-from-monty-guild-59/

Our friend, Larry Jeddeloh of The Institutional Strategist, in his Market Intelligence Report of April 14, 2010 brought an important point to our attention. He points out a large increase of $421 billion in the Federal Reserve’s balance sheet in the same week that the Greek Bailout took place.

The bailout for Greece was only $41 billion and the Fed balance sheet expanded by $421 billion in loans. What is going on? Obviously the Fed is lending a lot of money. Was some of it lent abroad? We do not know.

One other explanation is that the loans, the U.S. banks had kept off of their books in offshore SIV’s [Special Investment Vehicles] are coming back onto their banks’ books, and the Fed is lending against them to provide liquidity for U.S. banks. This brings us to a major question that all investors and U.S. taxpayers should consider. How did the accounting profession allow this SIV type of activity, where banks were allowed to keep liabilities off their U.S. books in the first place?

Greece in trouble, now junk status but what happened to that $421.8 billion the Fed loaned out?
http://www.freerepublic.com/focus/news/2501828/posts?page=1

The fed is no doubt laundering money, to itself and others. The collapse will be huge but I also have no doubt the administration, past and current, wall-streeters, et al., are all set up for big payouts as the world suffers financial collapse.