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The Fiscal Cliff Is A Mole Hill Compared TAG Program Expiry
TMO ^ | 11-12-2012 | Shah Gilani - Money Morning

Posted on 11/12/2012 7:38:32 PM PST by blam

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File this under, "It's Always Something." (IAS)
1 posted on 11/12/2012 7:38:45 PM PST by blam
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To: blam

I saw a story here from CNN saying that letting most banks go under was probably going to be allowed to happen. I guess fewer banks will be easier to control from DC.


2 posted on 11/12/2012 7:44:46 PM PST by GeronL (http://asspos.blogspot.com)
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To: GeronL

They don’t just want the little guys to fail. The banksters and politicians want the little guys to dissolve so the big banks can buy them for pennies on the dollar. They did this quite a bit in 2008/2009. Most insulting was the Fed paid for it.


3 posted on 11/12/2012 7:47:29 PM PST by volunbeer (We must embrace austerity or austerity will embrace us)
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To: volunbeer

I think we can now count on it being White House policy. They want to fundamentally transform this country, and I think taking control of banks is part of it.

Much easier to control a few large chains than so many small ones.


4 posted on 11/12/2012 7:53:38 PM PST by GeronL (http://asspos.blogspot.com)
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To: blam

Is the hypothesis of “To Big To Fail” designed to cap the wealth growth of successful ideas in society?

If so, is it basically an hypothesis proposed to increase dependency on The State and reduce the independence of the citizens?

Hence, TAG and TBTF appear to be at odds.


5 posted on 11/12/2012 8:07:09 PM PST by Graewoulf ((Traitor John Roberts' Obama"care" violates Sherman Anti-Trust Law, AND the U.S. Constitution.))
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To: GeronL

Microlending and peer to peer lending will remain.


6 posted on 11/12/2012 8:13:51 PM PST by tbw2
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To: blam

Let me see if the fog of confusion can be lifted here. First off, we do not owe $16.5 Trillion. The mafia claim’s against We The People cannot be proven. We have rights under Federal Law. That right is called the Fair Debt Collections Practices Act (FDCPA). This Federal Law guarantees debtors the right to demand proof of debt owed. If the debt cannot be proven, the debt is assumed invalid. We The People demand an itemized statement to Prove The Debt Owed. Under FDCPA the creditors MUST provide The People proof of debt, or it is invalid. THEY CANNOT PROVE IT! Stop falling for it.


7 posted on 11/12/2012 8:15:08 PM PST by NM156 (Prove It)
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To: NM156

Hey, most of the creditors are now domestic. By doing QE, the FED has essentially been buying the vast majority of treasury bonds, not just the ones that are recently issued, but also the ones that are up for sale. That includes China’s. China has been able to get rid of its US Treasury Bonds, and over time most of the outstanding Treasury bonds will be owned by the Fed. What remains is a ridiculous amount of US dollars and high inflation which is already upon us (the CPI # is such a fraud it’s not funny - does not count food, energy, healthcare, and takes liberty of using technological progress to add deflation within the number).


8 posted on 11/12/2012 9:23:58 PM PST by winner3000
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To: NM156

Hey, most of the creditors are now domestic. By doing QE, the FED has essentially been buying the vast majority of treasury bonds, not just the ones that are recently issued, but also the ones that are up for sale. That includes China’s. China has been able to get rid of its US Treasury Bonds, and over time most of the outstanding Treasury bonds will be owned by the Fed. What remains is a ridiculous amount of US dollars and high inflation which is already upon us (the CPI # is such a fraud it’s not funny - does not count food, energy, healthcare, and takes liberty of using technological progress to add deflation within the number).


9 posted on 11/12/2012 9:24:06 PM PST by winner3000
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Comment #10 Removed by Moderator

To: GeronL
I saw a story here from CNN saying that letting most banks go under was probably going to be allowed to happen. I guess fewer banks will be easier to control from DC.

The goal is one bank
One energy company
One news outlet company
One car company
One hospital company
One restaurant company
One clothing company

All under One One party government.

We are all One...

11 posted on 11/12/2012 9:38:50 PM PST by null and void (America - Abducted by Aliens...)
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To: fatasshick
Free-enterprise capitalism and wealth accumulation are gone.

Sharing the wealth, socialism or communism has never existed. Wealth accumulation is gone, except for for the nasty "elite". At least that is the way they would like it. The so called communist have never been anything but selfish thugs. The dumb thing is, what kind of actual pleasure do they get from making others miserable, and strangling the chickens that lay the golden eggs. Empty shells of people who don't even know what true pleasure is, which certainly isn't living for just yourself and causing vast misery to others. They will rot from the inside out.

12 posted on 11/12/2012 9:50:24 PM PST by Bellflower (The LORD is Holy, separated from all sin, perfect, righteous, high and lifted up.)
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To: blam

Any good suggestions anyone about what to do with one’s money?


13 posted on 11/12/2012 10:09:23 PM PST by Bellflower (The LORD is Holy, separated from all sin, perfect, righteous, high and lifted up.)
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To: NM156

Man, you just don’t get it. “They” (The Obama administration) can now do what ever they want to! Forget the rule of law, they do what they want to and make up the rules as they go along. Who will stop them? Congress, the courts? If you believe that, you must have been asleep for the past four years. Constitution, what Constitution?


14 posted on 11/13/2012 12:21:08 AM PST by Shane (When Injustice Becomes Law, RESISTANCE Becomes DUTY.----T.Jefferson)
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To: blam

PING! to deal with when it’s not 3am.


15 posted on 11/13/2012 1:06:50 AM PST by chuckles
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To: NM156
Let me see if the fog of confusion can be lifted here. First off, we do not owe $16.5 Trillion. The mafia claim’s against We The People cannot be proven. We have rights under Federal Law. That right is called the Fair Debt Collections Practices Act (FDCPA). This Federal Law guarantees debtors the right to demand proof of debt owed. If the debt cannot be proven, the debt is assumed invalid. We The People demand an itemized statement to Prove The Debt Owed. Under FDCPA the creditors MUST provide The People proof of debt, or it is invalid. THEY CANNOT PROVE IT! Stop falling for it.

You misunderstand the dynamic.

No one has to prove anything to you.

It simply needs to be proven to an enforcement agency (in this case, the IRS will do), and you will be brought to an understanding.

It's all very tidy.

16 posted on 11/13/2012 5:39:06 AM PST by IncPen (Educating Barack Obama has been the most expensive project in human history)
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To: null and void

Yes. We’ve heard it all before.

Ein Reich
Ein Volk
Ein Fuehrer!

Shalom


17 posted on 11/13/2012 5:55:17 AM PST by esopman (Blessings on Freepers Everywhere and Their Most Intelligent Designer)
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To: NM156

But all the laws that protect We the People are thrown out of the windows already - case in point - obozo gave all the GM money to his beloved unions and left the legitimate shareholders high and dry!

Good luck trying to find the federal judge who will uphold this FDCPA law!


18 posted on 11/13/2012 5:56:34 AM PST by chrisnj
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To: blam; flaglady; mickie
Why doesn't this article tell us if this Act was passed by Congress on a past date....therefore, if it was, why can't it be renewed by Congress before it expires?

The article also doesn't tell us if it's being examined in a congressional committee at this time, if any action is being contemplated, what committee is it assigned to, who's for it and who's against it, are there huge lobbying efforts going on in DC by the big banks...are the small banks organizing to save their businesses.....well, you get my drift.

At least for me, the article left me hanging.....

Leni

19 posted on 11/13/2012 7:06:01 AM PST by MinuteGal
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To: Bellflower
Any good suggestions anyone about what to do with one’s money?

If you have enough, emigrate, while it's still legal.

20 posted on 11/13/2012 8:31:30 AM PST by null and void (America - Abducted by Aliens...)
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