News from the FED

[Zer]

http://www.bloomberg.com/news/2010-08-1 ... hases.html

http://www.bloomberg.com/news/2010-10-2 ... -sale.html

That means the U.S. is buying U.S. government securities itself with money made from a miracle performance.

[garyb]

guess what?
the Federal Reserve is NOT the government.
the Federal Reserve makes the money they LEND to the government from nothing.
the government COULD print that money for free instead of at interest.
the whole thing is a scam, run by criminals.
the same people that run the Fed, run the money in every other country....
everyone is on the same system.

Give me control of a nation's money and I care not who makes her laws.

Mayer Amschel Rothschild

[RP_001]

All runned by the mother of all banks in Europe:

http://www.bis.org/

Tower1.jpg (192.12 KiB) Viewed 2109 times

BIS.jpg (193.71 KiB) Viewed 2110 times

guess what?
the Federal Reserve is NOT the government.
the Federal Reserve makes the money they LEND to the government from nothing.
the government COULD print that money for free instead of at interest.
the whole thing is a scam, run by criminals.
the same people that run the Fed, run the money in every other country....
everyone is on the same system.

Give me control of a nation's money and I care not who makes her laws.

Mayer Amschel Rothschild

[garyb]

EEalarm.

really?
you mean that the Federal Reserve IS a legal branch of government here? you mean that they DON'T make the money from nothing? you mean that the Federal Government MUST print money bought at interest from a third party? you mean that M Rothschild DIDN'T make that quote?

if you want to reduce my post to absurdity, then have the good manners to refute it with FACTS. otherwise, you're nothing more than a troll with bad intentions.

[Zer]

http://krugman.blogs.nytimes.com/2010/1 ... more-14227

[garyb]

blah, blah, blah.
reasons why you're screwed...
it's great! enjoy it! we're doing you a favor...

[valis]

http://krugman.blogs.nytimes.com/2010/1 ... more-14227

That analysis ends with: "The simple fact is that we have a global excess supply of savings, which is doing terrible things to workers."

Now when the 'financial crisis' started, the global banks were sitting with about 20 billion in cash (liquid assets not tied to capital or investments/leveraged etc etc.) Since the TARP here in the US and similar efforts abroad, those same banks are now *admitting* to having 1.2 trillion in cash. This of course doesn't include the money that flowed into business that promptly moved it into offshore accounts or investments (ie, essentially jobs moving to cheaper labor markets too.) Nor does it tell us how much money the world banks have, any more than we know "what the Fed has" since it too has never been audited. That's not savings, it's just theft via politics & financial hysteria.

[Zer]

http://www.youtube.com/watch?v=RzSj1yNZdY8

[garyb]

yes, that was quite a bit of predictive programming. one of my favorites.