Posted on 04/12/2010 11:37:24 AM PDT by Zeddicus
No, not just Greece - all of Europe. Without Congressional authorization or notice, of course.
Hattip to a nice emailer....
Or if you prefer it on a one-year time scale...
That nice little vertical line is a gain of $421.8 billion dollars of outstanding loans and leases in one week's time.
WHERE THE HELL DID THAT MONEY GO AND WHAT COLLATERAL WAS TAKEN AGAINST A FOUR HUNDRED BILLION DOLLAR INCREASE IN OUTSTANDING LOANS?
You won't find anything like that in the records - because it's never happened before. That's beyond unprecedented, it's ridiculous, and assuming it's also accurate, someone has some 'splaining to do on what clearly appears to be some sort of back-door game being run.
SEND THIS LINK TO RUSH, HANNITY, BECK, PALIN, FOXNEWS
What kinds of changes have you made re: lifestyle? Just curious, as maybe we can learn something.
Actually, the American Secretary of the Treasury, a Mr white I think, was the primary developer. Keynes was there but mostly to lend a diverse flavor to the process.
“Keynes was there but mostly to lend a diverse flavor to the process.”
He was also, I’d say, one of the intellectual inspirations for the whole endeavour. Though international credit bubbles predate his popularity. So it might be said that Keynes was part of a long line of thinking. I just like to throw his name around, personally. But I often wonder to myself, since when did governments need to be intellectually inspired to do what comes naturally (i.e. spending other people’s money), anyway? Keynes can hardly be blamed, as no doubt we’d have some international system for funneling paper money to preferred customers around the globe without him.
We're officially monetizing the debt, folks.
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