NEW 9/29: Fed pumps $630B in to Financial System
Submitted by fanofwalt on Mon, 09/29/2008 - 11:15
Fed Pumps Further $630 Billion Into Financial System
This is in addition to the $700B bailout.
and
This is in addition to the $640B spending bill that went through this past week.
This is new, today, 9/29/08. The Fed is sending $630 Billion out to flood the global financial system, flooding banks with with those little FRNs. Because, ya know, that'll alleviate the banking crisis.
Get your wheelbarrows out.
»
The only difference
is that Paulson can't funnel it into his "choice" of firms.
Bailout passed, but at least some market forces will dictate who can participate.
http://www.bloggingstocks.com/2008/09/29/fed-ecb-boe-boj-aga...
This opinion is for entertainment purposes. It does not represent the opinions of this website, sources cited, nor my actual beliefs. I do not consent for this post to be duplicated or replicated on any internet/digital/print/other form of media. C4L4EVR
Fed is bailing on the dollar:
http://www.bloomberg.com/apps/news?pid=20601082&sid=akF53Jjw...
They are swapping dollars for foreign currencies, meaning that they want to get into more stable currecnies than teh dollar, under the excuse of making the dollar more available to foreign markets.
Yeah, right.
To use a 1990 baseball card reference to make the point:
"Let's print more Fleer common baseball cards and trade them for Timmy's Upper Deck cards because we want Timmy to be able to get more of the Fleer common cards because we think they are a good investment--see how many WE have of them? They must be good!"
Meanwhile...in the heads: If we can get Timmy to be suckered by these trashy Fleer cards we can scam him out of his better Upper Deck cards. We come out ahead and he gets the bag!
Makes me glad I diversified my metals into Maple Leafs, Brittanias, Kurgerrands, and Kookaburras...
list of owners of Federal Reserve Bank
Banks that hold the controlling stock in the Federal Reserve Corporation:
Rothschild Banks of London and Berlin, Lazard Brothers Bank of Paris, Israel Moses Sieff Banks of Italy
Warburg Bank of Hamburg and Amsterdam, Lehman Brothers Bank of New York, Kuhn Loeb Bank of New York
Chase Manhattan Bank of New York, Goldman Sachs Bank of New York.
...............................................................................................
The First National Bank of Montgomery v. Jerome Daly
"Capital must protect itself in every possible manner by combination and legislation. Debts must be collected, bonds and mortgages must be foreclosed as rapidly as possible. When, through a process of law, the common people lose their homes they will become more docile and more easily governed through the influence of the strong arm of government, applied by a central power of wealth under control of leading financiers. This truth is well known among our principal men now engaged in forming an imperialism of Capital to govern the world. By dividing the voters through the political party system, we can get them to expend their energies in fighting over questions of no importance. Thus by discreet action we can secure for ourselves what has been so well planned and so successfully accomplished." USA Banker's Magazine, August 25 1924
“Allow me to control the issue and the nation’s money and I care not who makes its laws!” — Amshell Rothschild
The above information came from www.silverbearcafe.com
lots more good information from where that came from.
Liberty is our campaigns gift to the world it is our manifest destiny.
Freedom is a movement who's time has come. Our campaign will lead world wide freedom.
Liberty is our campaigns gift to the world it is our manifest destiny.
Freedom is a movement who's time has come. Our campaign will lead world wide freedom.
Order the Fed to quit printing money
can we get a court order for the fed to quit printing money?
Ooh -- I know!!
Let's sic the brand new Copyright Czar on the Fed!
After all, they're infringing on the true and original money of this country, gold and silver coin, and they're trying to pass off the fake stuff for the real thing, thereby (1) hoodwinking millions of people who think they are participating in legitimate exchange of money; and (2) stealing from those to whom the value of the government's money rightfully belongs.
You know, I meant this as a joke, but as I'm typing it up? Maybe an actual option.
Let's sue the Fed for piracy!
Great idea! Sue them for
Great idea! Sue them for FRAUD!
..................
"The main thing that I learned about conspiracy theory is that conspiracy theorists actually believe in a conspiracy because that is more comforting. The truth of the world is that it is chaotic..." —Alan Moore
Would though that it were possible. The courts will simply
direct you to Capitol Hill.
_________________________________________
"An economy built on fiat money is a society on its way to ashes."
_________________________________________
"An economy built on fiat money is a society on its way to ashes."
For those not listening to CSpan, GOP Rep. Bachus (Al) is
now throwing in the towel......he's voting "Yes".....to resounding applause from Congress. Oh joy.
_________________________________________
"An economy built on fiat money is a society on its way to ashes."
_________________________________________
"An economy built on fiat money is a society on its way to ashes."
I Felt sorry for this
I Felt sorry for this brainwashed ignorant ass who clearly doesn't understand what he is about to do
On a positive note-at the Doctor's office this morning
everyone waiting was talking about the bailout and being very mad, Democrat and Republican. Talk about a sudden wake up call. Several people said something along the lines of....it's starting to look like Corporations are running America and we don't count anymore. Of course they are still (banking) on fill in blank here.........to save us when he gets to take over the country from Bush. I directed everyone to (D) Marcy Kaptur and (R) Thaddeus McCotter You tubes so they can see for themselves they aren't alone or angry along party lines and recommended they vote third party as a way to show how angry they are.
What a change from a month ago!
i might start using dollars
i might start using dollars for toilet paper soon. pretty soon itll be far more cost effective than TP.
Ouch! The thought tightens my colon.
:)
_________________________________________
"An economy built on fiat money is a society on its way to ashes."
_________________________________________
"An economy built on fiat money is a society on its way to ashes."
great post! I am more
great post!
I am more concerned about the return of my money than the return on my money. --Mark Twain
“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)
Hey McCain-----┌П┐(◣_◢)┌П┐
The way I read the article,
The way I read the article, it says that the FED is injecting the money into the system, addressing exactly what this supposed bill is helping fix.
WHAT???!!!!!
Correct me if I'm wrong, but that would PROVE this bill is a complete fraud
and unneeded, or at the very least they are already addressing the issue preemptively.
Anyone?
Puppets come and puppets go but the world's stage is getting cluttered.
See above.
http://www.dailypaul.com/node/65124#comment-686696
Actually?
Both the proposal (NOT A BILL, remember!) and this release of cash is totally and completely fraudulent.
Oh, let's just cut to the chase: The Fed in itself is fraudulent.
I really think
that the amount of cash infusion involved for the bailout is a secondary issue in the overall scheme of things.
What they are really wanting is the control measures that come in this bailout "proposal".
That's the crux of it.
They've already proven that they can infuse as much cash as they want, to anybody they want.
This is about forking over control.
Control is primary; all else is secondary
Yes, BigT.
Look through this comment, and you'll find this report from the Treasury call:
They extended their normal
They extended their normal short term loans.
"ONLY" 75 billion of it is actually new money....
ok i read that but still dont understand
where the money came from. maybe i have just been up too long but could you please explain?
~peace
~peace
Easy as 1-2-3
Step One: Print up lots of pieces of meaningless paper.
Step Two: Release them into the wild.
Step Three: Cackle and laugh as the economy crashes and burns.
Ah....the harsh wind of
Ah....the harsh wind of hyperinflation is in the air.
Rags make Paper; Paper makes Money; Money makes Banks;Banks make Loans; Loans make Beggars; Beggars make Rags
http://militantjeffersonian.com
"Men do not willingly read unpalatable truths of themselves. The People like those best who fool them most, by pandering to their vices and flattering their foibles" Raphael Semmes
yes, i get that part but
what i don't understand is who says the FED can do this?
~peace
~peace
It's the same answer Bernanke gave Ron Paul
Bernanke said with a smirk on his face...The Federal Reserve Act. This was passed on December, 1913 when many members of Congress had already gone home for the holidays.
http://www.historycentral.com/documents/Federalreserve.html
Read the Federal Reserve
Read the Federal Reserve Act, it can be interpreted in a very broad manner...when needed....LOL
Rags make Paper; Paper makes Money; Money makes Banks;Banks make Loans; Loans make Beggars; Beggars make Rags
http://militantjeffersonian.com
"Men do not willingly read unpalatable truths of themselves. The People like those best who fool them most, by pandering to their vices and flattering their foibles" Raphael Semmes
I C thank you
~peace
~peace
Federal Reserve Act Section
Federal Reserve Act
Section 2a. Monetary Policy Objectives
The Board of Governors of the Federal Reserve System and the Federal Open Market Committee shall maintain long run growth of the monetary and credit aggregates commensurate with the economy's long run potential to increase production, so as to promote effectively the goals of maximum employment, stable prices, and moderate long-term interest rates.
As you can see, the Act is pretty broad in scope and the ability to interpret its various sections.
Rags make Paper; Paper makes Money; Money makes Banks;Banks make Loans; Loans make Beggars; Beggars make Rags
http://militantjeffersonian.com
"Men do not willingly read unpalatable truths of themselves. The People like those best who fool them most, by pandering to their vices and flattering their foibles" Raphael Semmes
At this rate the fed will be selling
PRINTING FRANCHISES
If voting could really change things,
it would be illegal. Here is hoping for change!