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Fed Gives $7.77 Trillion to Banks and no one knew???

Discussion in 'Political Discussion' started by DarrylS, Dec 1, 2011.

  1. DarrylS

    DarrylS PatsFans.com Supporter PatsFans.com Supporter

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    How does this shyt keep happening, print more money and give it to the banks.. and no one knew???

    The Fed Grants $7.77 Trillion in Secret Bank Loan - Now Do You Understand Occupy Wall Street? - YouTube

    Secret Fed Loans Gave Banks $13 Billion Undisclosed to Congress - Bloomberg

     
    Last edited: Dec 1, 2011
  2. PatriotsReign

    PatriotsReign Hall of Fame Poster

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    #18 Jersey

    Last edited: Dec 1, 2011
  3. Drewski

    Drewski In the Starting Line-Up

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    What an effing joke. At this point I almost dont even get mad about this crap anymore (how sad is that?!?!)

    Our government and the system are broken. The power to fix them lies with the people who have broken it, and as long as that is the case status quo will remain. We the people will vote someone in next November and nada thing will change. R/D, its all the same thing.
     
  4. Harry Boy

    Harry Boy Look Up, It's Amazing PatsFans.com Supporter

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    Yes We Can

    :singing::singing::singing::singing:
     
  5. Drewski

    Drewski In the Starting Line-Up

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    HB, your boy did it too......
     
  6. Harry Boy

    Harry Boy Look Up, It's Amazing PatsFans.com Supporter

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    I know, now it's Jug Ears Turn (politicians the scum of gods green earth)

    Term Limits
    After the Grinning Maggot Pigs get settled in, throw them out, ONE TERM FOR PRESIDENTS don't give them the opportunity to "finish us off" on the second four years which is exactly what Odumbo is planning to do.
     
  7. The Brandon Five

    The Brandon Five Experienced Starter w/First Big Contract

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    #75 Jersey

  8. Harry Boy

    Harry Boy Look Up, It's Amazing PatsFans.com Supporter

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    Why do people assume that if you don't like Obama you must LOVE Bush.

    Obama must like Bush he's kept all of the Bush Policys in place, Obama must agree with the Bush Wars he kept them going strong he even added some sh!t of his own, Drones that kill civillians, something did change though, instead of "Clearing Brush" Obama "Plays Golf"
     
    Last edited: Dec 1, 2011
  9. Drewski

    Drewski In the Starting Line-Up

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    OT: Is it really an assumption when you have a person's posting history as evidence?
     
    Last edited: Dec 1, 2011
  10. Harry Boy

    Harry Boy Look Up, It's Amazing PatsFans.com Supporter

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    Kerry and Gore elected Bush, Bush will never be known as a "Great President" Bush is a "hold your nose when you vote president" I can't remember posting In Favor of Bush (i might have) my posting is usually points out the double standard and AGAINST THIS INEXPIERIANCED KID CLOWN "Obama" the Wars are my big issue almost everybody expected the wars to end the day after he was sworn in, but here we are" Sean Penn, Cindy Sheehan and all the phony War Protesters have suddenly vanished, I find it disgusting now that we know for a fact that it wasn't the wars at all that they were against it was "Bush Hatred Syndrome" Susan Saradons sign shouldn't have read "Stop The War" her sign should have read "Get Bush" that was the reality.

    BUSH IS STILL IN THE WHITE HOUSE HIS WARS, HIS POLICYS LIVE ON
     
  11. DarrylS

    DarrylS PatsFans.com Supporter PatsFans.com Supporter

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    You know that this happened when George was president, don't you???
     
  12. Harry Boy

    Harry Boy Look Up, It's Amazing PatsFans.com Supporter

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  13. patsfan13

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  14. patsfan13

    patsfan13 Hall of Fame Poster PatsFans.com Supporter

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    BTW at 8am yesterdat EDT we bailed out the ECB:

    Fed saves Europe's banks as ECB stands pat - Telegraph

     
  15. mcgraw_wv

    mcgraw_wv In the Starting Line-Up

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    The Fed just stole billions from American Savings accounts... That money you have been saving your whole life, just became worth less. Yet your effort in the past didn't become easier...
     
  16. The Brandon Five

    The Brandon Five Experienced Starter w/First Big Contract

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    A weaker dollar costs us plenty. We are a net importer.
     
  17. DarrylS

    DarrylS PatsFans.com Supporter PatsFans.com Supporter

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    It always costs us something, you put 7.7 trillion dollars into the banking system, so they can give out their millon dollar christmas bonuses, and much of the country struggles..

    End the fed..

    The defense of TARP is stupifying.. why keep it a secret???
     
    Last edited: Dec 1, 2011
  18. patsfan13

    patsfan13 Hall of Fame Poster PatsFans.com Supporter

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    Well for awhile at least, the dollar lost >200 pips against the Euro in the 30 minutes after the exchange rate announcement.
     
  19. mcgraw_wv

    mcgraw_wv In the Starting Line-Up

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    You don't need to compare it to other currencies, soon the cost of goods will rise, gas will move back up, everything will cost slightly more, and your savings suddenly will only last you 5 years instead of 7 years.

    That's a theft in the worst way.

    Our government asks you to work your whole life and save to enjoy retirement, while they work to undermine your ability to rest after 50 years of work.

    It's time to end the Fed... Hell it's time to put the man in Washington who has seen this for ever and knows how to put us back on the right path. It's time for Ron Paul.
     
  20. PatriotsReign

    PatriotsReign Hall of Fame Poster

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    Not sure what you mean mcgraw.

    Are you saying that this action will result in inflation, thus devaluing our savings?
     

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