Posted on 12/27/2011 6:08:43 PM PST by Iam1ru1-2
Deloitte & Touche.
http://www.federalreserve.gov/monetarypolicy/files/BSTcombinedfinstmt2010.pdf
REALITY is the FED did play 'god' with TAXPAYERS dollars,
They don't play with TAXPAYERS dollars.
and IF all their so called interest free loans
They were loans. They weren't interest free.
have indeed been repaid then why is Europe and US still in a heap of hurt?
Deadbeats keep defaulting, or threatening to default.
Folks your missing the point.
This is high treason.
You cannot aid other countries to the detriment of the United States.
This must stop
Comments and suggestions?
Actually, they release their spreadsheet every week. What makes you think a spreadsheet covers a year?
What about the money that went to foreign banks?
Repaid.
Detriment? What detriment?
So what Congress got was a copy of Deloitte&Touche audit, nothing more?
I asked IF the loans have indeed been repaid then why is Europe and US still in a heap of hurt? Your answer is...
Deadbeats keep defaulting, or threatening to default.
How is it possible to be a 'deadbeat' and keep defaulting, or threatening to default IF the loans have been repaid?
I do not believe you when you say the FED does NOT play with TAXPAYERS dollars... because the 'government' unless some hidden law has been passed is 'we the people' and they do not have one thin dime without first taking it from US.
Well said
No, they got an additional audit.
Deadbeats keep defaulting, or threatening to default.
How is it possible to be a 'deadbeat' and keep defaulting, or threatening to default IF the loans have been repaid?
The banks aren't the deadbeats, it's mortgage borrowers and governments like Greece.
I do not believe you when you say the FED does NOT play with TAXPAYERS dollars...
Why would the Fed need taxpayer dollars when they can create trillions of their own?
unless some hidden law has been passed is 'we the people' and they do not have one thin dime without first taking it from US.
Did the Fed ding your paycheck when they created the new money? I didn't notice a change in mine either.
I’m not sure what your point is. Anyone who has looked at this stuff for any length of time will know that the vast majority of large, (especially interbank) transactions effectively take place as what are essentially bookkeeping entries. What that $50M Mark note represents is the hyperinflation that can result from unrestrained printing presses, be they physical or electronic. I purchased it many years ago because I’ve seen that as a likely result of the economic policy of this country.
Since when does a bribe/kickback get dignified by calling it a “secret bailout”?
Seems as if the US Federal Government is “underwater’ more than they admitted.
JP Morgan was Soros’. Wonder how many others he has his hand in?
No, they got an additional audit.
Ah. So did the 'additional' audit reflect the same data the Deloitte&Touche audit presented?
Deadbeats keep defaulting, or threatening to default.
How is it possible to be a 'deadbeat' and keep defaulting, or threatening to default IF the loans have been repaid?
The banks aren't the deadbeats, it's mortgage borrowers and governments like Greece.
I consider this explanation splitting of hairs as some banks got into the mortgage lending business, and I know of no bank on this earth that is NOT quazi connected to some form of government/politics.
I do not believe you when you say the FED does NOT play with TAXPAYERS dollars...
Why would the Fed need taxpayer dollars when they can create trillions of their own?
The FED dollars have NO value unless backed by the full credit of the US government. Whatever action they take ultimately trickles down through the economy slowly or a full frontal assault.
unless some hidden law has been passed is 'we the people' and they do not have one thin dime without first taking it from US.
Did the Fed ding your paycheck when they created the new money? I didn't notice a change in mine either.
Indirectly yes the actions and activities by the FED to pick the life's lottery winners that are by your definition turn out to be deadbeat defaulters, or threatening to default has an impact on the economy as a whole. The FED has been in up to its collective eyeballs to sustain the Keynesian style economies. Keynesian economics has never worked and it is NOT going to magically turn a corner.
If this is the case, then why the deficit of 16 trillion?
There is not now, nor was there every, a deficit of 16 trillion.
The Fed’s actual lending to banks and financial companies at its single-day peak, Dec. 5, 2008, was $1.2 trillion.
So all this chatter about trillions of dollars in deficit spending is a hoax. Cool. We can all relax now. Thanks for setting the record straight.
This is in reference to loans made by the Federal Reserve. It has nothing to do with deficit spending.
Or which ones does he not have his hands in their pockets?
BTW, your tag line is on the money. Obama is executing a coup d'etat. And, with little, to no, opposition.
Ok, let me see if I have this straight. All the bailout "loans" have been repaid, less a few million. So why do we have a 16 trillion dollar deficit? Subsidizing Nike's Air Jordons?
Bookmark
You haven't noticed your dollar is become worth less and less?
I'm no financial expert, but flooding the country with trillions of their "newly created money" did is not making the dollar worth less and less? And who got those trillions Todd?
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