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To: palmer
I had not heard about the LLC that the Fed created until today

Even that sounds a little dicey on their part.

84 posted on 03/29/2008 4:33:25 PM PDT by bjs1779
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To: bjs1779

Let’s say you are owed some money but are having trouble collecting. I go to my friend’s house and he prints up some counterfeit money which I pay him a few cents per dollar and give (sorry, “loan”) that money to a brand new LLC that I create in Delaware for the sole purpose of buying your IOU which I “plan to sell sometime in the next 10 years or something like that”. I think that’s basically what has happened.


87 posted on 03/29/2008 4:47:28 PM PDT by palmer
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