Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Federal Reserve Initiates End Game As Trump Heads To White House
Zero Hedge ^ | 12-22-2016 | Tyler Durden

Posted on 12/22/2016 9:46:00 PM PST by Trump_vs_Evil_Witch

For years, alternative economic analysts have been warning that the “miraculous” rise in U.S. stock markets has been the symptom of wider central bank intervention and that this will result in dire future consequences. We have heard endless lies and rationalizations as to why this could not be so, and why the U.S. “recovery” is real. At the beginning of 2016, the former head of the Dallas branch of the Federal Reserve crushed all the skeptics and vindicated our position in an interview with CNBC where he stated

(Excerpt) Read more at zerohedge.com ...


TOPICS: Business/Economy; Front Page News; News/Current Events; Politics/Elections
KEYWORDS: economy; fed; sabotage; trump; trumptransition
Navigation: use the links below to view more comments.
first previous 1-20 ... 41-6061-8081-100101-107 next last
To: Hillbilly sage
The Federal Reserve is neither “Federal” or a “Reserve”.

It's Federal and has about $4.5 trillion in reserves.

It is a private, for profit, corporation.

It's part of the government.

With 4 trillion + owed to them by “we the people” and much of that either short term or on demand,

They currently hold no T-Bills and none of the Treasury debt or MBS they hold is "on demand".

Basically, every claim you made is wrong.

61 posted on 12/23/2016 2:36:14 PM PST by Toddsterpatriot ("Telling the government to lower trade barriers to zero...is government interference" central_va)
[ Post Reply | Private Reply | To 8 | View Replies]

To: cherry
can the Fed reserves banksters be removed?

Congress created the Fed, they can disband it.

62 posted on 12/23/2016 2:41:50 PM PST by Toddsterpatriot ("Telling the government to lower trade barriers to zero...is government interference" central_va)
[ Post Reply | Private Reply | To 13 | View Replies]

To: UCANSEE2
Those SIX tried to get us out from under the thumb of the FED RES and back to a GOLD STANDARD.

LOL!

63 posted on 12/23/2016 2:48:11 PM PST by Toddsterpatriot ("Telling the government to lower trade barriers to zero...is government interference" central_va)
[ Post Reply | Private Reply | To 39 | View Replies]

To: Toddsterpatriot

You again - don’t forget Freddie and Fannie


64 posted on 12/23/2016 2:51:46 PM PST by PGR88
[ Post Reply | Private Reply | To 60 | View Replies]

To: PGR88

What about them?


65 posted on 12/23/2016 3:06:52 PM PST by Toddsterpatriot ("Telling the government to lower trade barriers to zero...is government interference" central_va)
[ Post Reply | Private Reply | To 64 | View Replies]

To: jdsteel
The movie was exactly like watching a semi fictitious movie about a Super Bowl without ever mentioning the NFL, the rules of football, how the rules of football have been changed by those in charge, and the officiating.

Exactly.

66 posted on 12/23/2016 3:09:38 PM PST by Toddsterpatriot ("Telling the government to lower trade barriers to zero...is government interference" central_va)
[ Post Reply | Private Reply | To 44 | View Replies]

To: johnk
Each President or Member of Congress that has tried to take on the Federal Reserve has either been assassinated, disappeared or suddenly, inexplicably retired....”

-This comment is more accurate that we know.

That comment is dumber than you know.

67 posted on 12/23/2016 3:11:02 PM PST by Toddsterpatriot ("Telling the government to lower trade barriers to zero...is government interference" central_va)
[ Post Reply | Private Reply | To 47 | View Replies]

To: Hostage
Donald Trump has called for something like Glass-Steagall to be brought back.

Glass-Steagall didn't prevent banks from writing bad mortgages.

68 posted on 12/23/2016 3:12:52 PM PST by Toddsterpatriot ("Telling the government to lower trade barriers to zero...is government interference" central_va)
[ Post Reply | Private Reply | To 48 | View Replies]

To: Toddsterpatriot

You know you’re viewed as a gadfly here, don’t you?

Of course, no law stops a bank from writing or underwriting a bad mortgage DUH!

Did you ever finish high school?

Glass-Steagall wasn’t passed to prevent bad mortgages. It was written to prevent banks from getting involved with investment funds that would put customer deposits at risk.

The repeal of Glass-Steagall allowed for investment funds to sell worthless bonds in coordination with banks and thrifts. The money did not come from banks, the banks and thrifts brokered the money for investment funds that had LEVERAGED ACCOUNTS FUNDED VIA DIGITALLY CREATED MONEY FROM THE FEDERAL RESERVE.

The Federal Reserve participated in the financial collapse because they allowed their member investment banks to channel LEVERAGED 10 to 1, 20 to 1 and HIGHER Fed digitally created funds to banks and thrifts for mortgages in order to sell worthless bonds backed by worthless insurance for billions and billions in profits.

The repeal of Glass-Steagall allowed all of this to go forward.


69 posted on 12/23/2016 4:59:49 PM PST by Hostage (Article V)
[ Post Reply | Private Reply | To 68 | View Replies]

To: Hostage
Glass-Steagall wasn’t passed to prevent bad mortgages. It was written to prevent banks from getting involved with investment funds that would put customer deposits at risk.

I know it's hard for you to believe, but writing trillions in bad mortgages PUTS CUSTOMER DEPOSITS AT RISK.

The repeal of Glass-Steagall allowed for investment funds to sell worthless bonds in coordination with banks and thrifts.

Which "Investment Funds"? What in Glass-Steagall stopped these "Investment Funds" before?

The money did not come from banks,

In that case, Glass-Steagall would have done nothing to prevent what happened.

the banks and thrifts brokered the money for investment funds that had LEVERAGED ACCOUNTS FUNDED VIA DIGITALLY CREATED MONEY FROM THE FEDERAL RESERVE.

It looked like your lips were moving, but the gibberish that came out made no sense.

they allowed their member investment banks to channel LEVERAGED 10 to 1, 20 to 1 and HIGHER Fed digitally created funds to banks and thrifts for mortgages

You think the banks were borrowing from the Fed to write these mortgages? That's funny. Thanks for the extra proof you don't know what you're talking about.

You know you’re viewed as a gadfly here, don’t you?

Gadfly:  a person who stimulates or annoys especially by persistent criticism

Yeah, I guess idiots are often annoyed when I criticize their idiocy.

70 posted on 12/23/2016 5:10:33 PM PST by Toddsterpatriot ("Telling the government to lower trade barriers to zero...is government interference" central_va)
[ Post Reply | Private Reply | To 69 | View Replies]

To: Hillbilly sage
With 4 trillion + owed to them by “we the people” and much of that either short term or on demand, when they say jump Americans look like kangaroos.

I don't have the cash to pay them back what are they going to do? I say default on the 4 trillion that's owed to the fed. Let them go bankrupt.

71 posted on 12/23/2016 5:17:36 PM PST by stig
[ Post Reply | Private Reply | To 8 | View Replies]

To: Toddsterpatriot

Your inability to recognize your own idiocy over many years is all the proof needed to infer it’s an inherited condition.

Such persons should be walked to a b*tch session with their mothers and fathers to vent about the bad genes they were dealt followed by a vow to not procreate ever again.


72 posted on 12/23/2016 6:33:09 PM PST by Hostage (Article V)
[ Post Reply | Private Reply | To 70 | View Replies]

To: Hostage
Based on post #69, your idiocy is clear.

Feel free to answer my questions, so I can further illustrate your utter lack of understanding of this topic.

Or run away. DERP!

73 posted on 12/23/2016 7:00:21 PM PST by Toddsterpatriot ("Telling the government to lower trade barriers to zero...is government interference" central_va)
[ Post Reply | Private Reply | To 72 | View Replies]

To: Toddsterpatriot

They’re wonderful


74 posted on 12/23/2016 7:02:05 PM PST by PGR88
[ Post Reply | Private Reply | To 65 | View Replies]

To: Hostage

“So actually there were good guys. They were in law enforcement with the SEC. But they were forced out or into early retirement leaving no good guys left on the field.”

Brooksley Born.


75 posted on 12/23/2016 11:42:39 PM PST by Pelham (the refusal to Deport is defacto Amnesty)
[ Post Reply | Private Reply | To 14 | View Replies]

To: Hostage

The repeal of Glass Steagall wasn’t the political action that caused the crash. It DID give the banks the ability to use Mortgage Backed Securities to keep the Rube Goldberg machine running, but what put it in motion was the unholy alliance of the Community Reinvestment Act, regulators that threatened banks unless they underwrote sub prime loans, the Dems in charge of Fannie and Freddie that would buy ANYTHING from the mortgage lenders and the orchestral by Barney Frank. Watch the Senate Hearings that happened just months before the bottom fell out. They are still on YouTube.


76 posted on 12/24/2016 6:33:32 AM PST by jdsteel (Give me freedom, not more government.)
[ Post Reply | Private Reply | To 48 | View Replies]

To: jdsteel

Yep. Saw all that and I did write in a post on this thread it ‘started’ with the repeal of Glass-Steagall creating the capability for all this to go forward.

Without repealing Glass-Steagall, there would have been no legal basis for all of what followed and the financial collapse would never have occurred.

Thanks for describing it further. The thread is about the Federal Reserve and the reason Glass-Steagall is being discussed is because the Federal Reserve was an accomplice to the collapse.

The Federal Reserve was created as a concession to the US federal government to print paper notes backed by gold and silver and to take out old worn notes and replace them with new paper notes. They used banks to accomplish this function.

How the Federal Reserve got in the business of making ‘loans’ to its members is another topic. But that is where a lot of the trouble is.

If I am the Federal Reserve, and you and I are at a market to buy things, I can snap my fingers and presto! I create money from nowhere and buy the things you need out from under you.

What have I done to your life? I’ve reduced you to ZERO. Because there is nothing you can buy with my notes unless I allow it. I can always buy you out. I can buy the car you want, the farm you need, everything. I control the value of your life and work.

And I will use banks (my banks, the member ‘investment’ banks) to make it happen. It used to be that Glass-Steagall prevented my member banks from messing with your local banks. It provided a firewall for you to be protected against my power.

Say you want to buy a spread of land for livestock. You have the money represented by my notes. Well, my bank can have its representative go to the seller and bid up the price and you get nothing. So your life can’t compete with my ability to create more notes.

You can’t compete and so your life is devalued. If I want, I can devalue your life to ZERO.

I can pick and choose who I want to win and who I want to lose. This is the danger of central banking especially when it becomes politicized. This is why our Founders and later leaders warned against central banking.

Central banking needs to be controlled, regulated because it is so powerful. Senator Phil Gramm, a PhD in Economics, decide to cut it loose by leading the effort to repeal Glass-Steagall.


77 posted on 12/24/2016 8:17:33 AM PST by Hostage (Article V)
[ Post Reply | Private Reply | To 76 | View Replies]

To: Pelham

Yep. Saw that PBS episode years ago and it scared the bejeezus out of me.

Over 500 TRILLION in derivatives. That’s ‘Trillion’ with a ‘T’.

That number represents more than 30 years of what all of America is able to produce. That’s about a generation of Americans. An entire generation of Americans, their lifeblood of work at risk.

That market of more than $500,000,000,000,000 in derivatives was concentrated mainly in member banks of the Federal Reserve, the so-called investment banks. We know them, for example, Goldman-Sachs, Citibank, Bank of America, etc.

The Federal Reserve member investment banks can click on a computer and create funds in their bank holding account at Zero % interest via policy of the Federal Reserve. Actually, the Federal Reserve was paying its member banks to hold funds so that in effect the member banks could create funds and earn interest from the Federal Reserve. Nice huh?

Would be so nice if I could make a few clicks at my computer and get a nice fat interest payment from the Federal Reserve. Yep. Only I want the payments to make my life really grand. You know, office on the 60th floor downtown Manhattan overlooking Central Park, weekend home in the Hamptons, plenty of overseas vacations because it so exhausting to click those buttons and besides I need to attend those conferences to keep in touch with what international bankers are going to buy next and how they are devising ‘policy’ to buy all those things.

Now the same system is preparing to stick it to the Trump Administration.


78 posted on 12/24/2016 8:39:28 AM PST by Hostage (Article V)
[ Post Reply | Private Reply | To 75 | View Replies]

To: Hostage
The Federal Reserve member investment banks can click on a computer and create funds in their bank holding account at Zero % interest via policy of the Federal Reserve. Actually, the Federal Reserve was paying its member banks to hold funds so that in effect the member banks could create funds and earn interest from the Federal Reserve. Nice huh?

That's some heavy duty idiocy. Thanks!

79 posted on 12/24/2016 8:48:08 AM PST by Toddsterpatriot ("Telling the government to lower trade barriers to zero...is government interference" central_va)
[ Post Reply | Private Reply | To 78 | View Replies]

To: Toddsterpatriot

I did not post or reply to you, and I never have nor would I ever.

So listen up. You have nothing of value to contribute here.

Do not post to me again for any reason. Otherwise, we’re going to have a little discussion with the Admin Moderator about stalking and harassment.

Do not post to me again, got it? You’d better.


80 posted on 12/24/2016 10:00:04 AM PST by Hostage (Article V)
[ Post Reply | Private Reply | To 79 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-20 ... 41-6061-8081-100101-107 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson