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The Grand Illusion
Financial Sense University ^
| February 18, 2009
| Richard K Brawn
Posted on 02/19/2009 12:16:32 AM PST by verklaring
Snip: The machinations between the FED and the US Treasury, have taken the word bamboozle to new heights. Here is an example. ....
Zero dollars becomes $100 billion in capital.
(Excerpt) Read more at financialsense.com ...
TOPICS: Business/Economy; Editorial; Government
KEYWORDS: debt; fed; taxes; treasury
The financial shell game that is being played
To: verklaring
I just saved a bunch of money on my con-game by switching to Geithner.
Very good article. Thanks for posting.
2
posted on
02/19/2009 12:38:06 AM PST
by
PGalt
To: verklaring
The only financial system that makes any real sense is a pure barter system. Fractional reserve banking with unfunded paper currency is just nuts. We never should have let private banks control our money supply and we never should have let our curency become decoupled from precious metal. Perhaps when the dust finally settles from this current crisis, we can get back to a more stable currency and a more perfect union with our government.
3
posted on
02/19/2009 12:38:07 AM PST
by
RC one
To: verklaring
they loaned out money that didn't exist at such a high cost that the borrowers couldn't pay,
then the music stopped and they were left standing without a chair
4
posted on
02/19/2009 12:43:34 AM PST
by
KTM rider
(keep thy powder dry, gird thy loins, and brace for the winds of change)
To: verklaring
Zero dollars becomes $100 billion in capital.
Welcome to the begginning of the end of the new Wiemar collective.
5
posted on
02/19/2009 1:48:21 AM PST
by
rawcatslyentist
(Destined to take the place of the mud shark in your mythology)
To: rawcatslyentist
Or new Zimbabwe
6
posted on
02/19/2009 1:56:50 AM PST
by
verklaring
(Pyrite is not gold))
To: GoDuke
7
posted on
02/19/2009 3:41:00 AM PST
by
GoDuke
To: verklaring
The Insiders are already working on Bailout #3.
8
posted on
02/19/2009 3:43:05 AM PST
by
M. Espinola
(Freedom is not 'free'.)
To: PGalt
I just saved a bunch of money on my con-game by switching to Geithner.Ba dum bum. Chhhh. :0)
9
posted on
02/19/2009 3:53:50 AM PST
by
paulycy
(BEWARE the LIBERAL/MEDIA Complex)
To: RC one
The only financial system that makes any real sense is a pure barter system. Ammo and toilet paper.
10
posted on
02/19/2009 5:32:57 AM PST
by
CPOSharky
(Zero: I don't care about the country as long as I'm in charge. Forever.)
To: CPOSharky
food. Booze. guns. cars/trucks. livestock. etc.
11
posted on
02/19/2009 6:01:35 AM PST
by
RC one
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