16,000,000,000,000 trillion gone, and to who

[OrganicBuds]

You mean the Feds and Obama has spread out America's wealth? What's that called again?

 

[Guest322028]

*16,000,000,000,000 trillion gone, and to who

*16,000,000,000,000 trillion gone, and to who

We blew half of it in one night...

 

[yoss33]

Funny thing to see the American people surprised at their debt, as if they didn't know before, as if this is something new and not a progression for decades.
Same as the Greeks now who are mad at their politicians, but they weren't mad when the loaned billions were spent and whole Greece had a lifestyle they simply couldn't afford.
We have a saying: "But you didn't cry when you ate the meatballs, did you?"

 

[mckb024]

Funny thing to see the American people surprised at their debt, as if they didn't know before, as if this is something new and not a progression for decades.
Same as the Greeks now who are mad at their politicians, but they weren't mad when the loaned billions were spent and whole Greece had a lifestyle they simply couldn't afford.
We have a saying: "But you didn't cry when you ate the meatballs, did you?"

and you think we all got some of those meatballs?

and I'm not crying i'm trying to help pass info on our government findings of an audit of the federal reserve, and not about our debt........

 

[DrFever]

Where did the money go pretty simple the Federal reserve is one of the most corrupt financial institutions the world has ever known

 

[yoss33]

and you think we all got some of those meatballs?

and I'm not crying i'm trying to help pass info on our government findings of an audit of the federal reserve, and not about our debt........

Yes, you all ate from the meatballs, some ate more, some less, but you were generally happy, or at least I didn't hear the screams until 2008. Part of the debts are always spent on the population to stay happy, this way the rulers grant the silence of the masses.

And yes, now I see that I confused the national debt with these loans to corporations. The numbers are similar, give or take $2 trillion And Fed seem to be gracefully giving away loans to more entities than expected, seems like the USA are small for their ambitions...

 

[SpasticGramps]

You mean the Feds and Obama has spread out America's wealth? What's that called again?

The Fed isn't spreading out wealth. Neither is O, but he is really an insignificant character in the big picture IMO.

The FED is stealing wealth via monetary debasement. Wealth is becoming more and more concentrated in the hands of the few and the underclasses are becoming impoverished.

It's wealth concentration that is happening. Not wealth distribution.

In fact today is a glorious day for the FED. It FINALLY announced QE3 (which is really QE4). Where as previous rounds of printing had overall numerical limits, this one is until "Bernanke says so". It's the BIG PRINT. QE to infinity and beyond. This will juice the stock market, transfer more wealth to those in power and make everything more expensive for everyone else as they watch their paychecks stagnate or decrease. And when this one doesn't work.... Bernanke and his manipulated bond rates will be fucked.

No worries though. The central planners have it under control. They are looking out for your best interest. Big Brother loves you.

 

[Stoner4Life]

and any of this is true because???

(1) you want it to be true.
(2) you read it on the net.


It's more like I loan you a dollar overnight. The next day you ask if you can keep the dollar an extra day and I say sure. This goes on for a month, and then you pay me back the dollar with a penny or two for interest.

By the accounting method in the report this would count as a thirty dollar loan that was paid back with a single dollar. And the interest would seem very low. ~ interpreted by Steve ~

 

[mckb024]

Yes, you all ate from the meatballs, some ate more, some less, but you were generally happy, or at least I didn't hear the screams until 2008. Part of the debts are always spent on the population to stay happy, this way the rulers grant the silence of the masses.

And yes, now I see that I confused the national debt with these loans to corporations. The numbers are similar, give or take $2 trillion And Fed seem to be gracefully giving away loans to more entities than expected, seems like the USA are small for their ambitions...

you know what yoss33 if you don't like us thats fine, but considering that your country gets help from the US government then you ate some too!
you see this money went to banks all over the world brother!

 

[SpasticGramps]

and any of this is true because???

(1) you want it to be true.
(2) you read it on the net.

Secret Fed Loans Gave Banks $13 Billion Undisclosed to Congress

The Federal Reserve and the big banks fought for more than two years to keep details of the largest bailout in U.S. history a secret. Now, the rest of the world can see what it was missing.

The Fed didn’t tell anyone which banks were in trouble so deep they required a combined $1.2 trillion on Dec. 5, 2008, their single neediest day. Bankers didn’t mention that they took tens of billions of dollars in emergency loans at the same time they were assuring investors their firms were healthy. And no one calculated until now that banks reaped an estimated $13 billion of income by taking advantage of the Fed’s below-market rates, Bloomberg Markets magazine reports in its January issue.

Saved by the bailout, bankers lobbied against government regulations, a job made easier by the Fed, which never disclosed the details of the rescue to lawmakers even as Congress doled out more money and debated new rules aimed at preventing the next collapse.

A fresh narrative of the financial crisis of 2007 to 2009 emerges from 29,000 pages of Fed documents obtained under the Freedom of Information Act and central bank records of more than 21,000 transactions. While Fed officials say that almost all of the loans were repaid and there have been no losses, details suggest taxpayers paid a price beyond dollars as the secret funding helped preserve a broken status quo and enabled the biggest banks to grow even bigger.

The "official" number of the secret loan is $7.7 tril. I'm not sure where the $16 tril comes from. 1.5 tril on a single day. The banksters skimmed 13 bil off of this. Paid themselves nice bonuses and left us with the bill.

7.7 or 16 tril. I mean who is really counting anymore?

I'm just glad Bernanke finally got off his ass and turned on the printing press again instead of just trying to jawbone the market higher. Price of oil, metals, and other commodities are shooting up. This makes for a happy portfolio for SG.

Keep printing and spewing propaganda Bernanke. It's the only thing left to do.

 

[SpasticGramps]

While Fed officials say that almost all of the loans were repaid and there have been no losses, details suggest taxpayers paid a price beyond dollars as the secret funding helped preserve a broken status quo and enabled the biggest banks to grow even bigger.

Here is the greatest part of that article that so many people miss. Many don't know what the FED is much less this "loan" or it's consequences.

You hear it all the time. "They paid it back." This perspective misses the point entirely. Getting it paid back is inconsequential relative to the moral hazard threat we've created. Moral Hazard is the destroyer of empires.

Now that we've started unlimited monetary easing we've crossed the Rubicon. Everyone is ALL IN with a 7 - 2 offsuit.

 

[332359]

The Fed announced today they will print an additional 40 million per month to try and bring unemployment down. They don't say when they will stop. The stock market loves the news. This country is fucked.

 

[332359]

I meant 40 billion.

 

[crazybear]

If anybody thinks that over night our debt became outrageous your crazy,think about the millions we gave to every war lord in Afghanistan , to find Osama Bin Laden & then the people we paid millions to trained their guns on our soldiers when they had him within their sights & lets talk about how much to every flee bit country!
How about the money spent on two wars, that didn't come cheap, still spending big, when our government was warned (BUSH) About the terrorist threat & they went to sleep about the issue until the "COWS ALL ESCAPED from the barn"!!!!!!!!!
Now look at our country spending money out the ass with Billion Dollar system to watch the rail lines , billions to watch people on the street, billions on Homeland Security, Billions on money to other countries to fight Terrorists !
The money spent here to help get people back to work & people off welfare I can see, you think an economy without manufacturing jobs etc. is going to sustain us & we need to encourage people to get skills, not just college !

 

[DrFever]

with what 43 cents on every US dollar being borrowed money you begin to wonder where the problem started ????? i Bet there is not 1 gold brick in Fort Knox but lets have a look at or how all this came about

Former chairman of the House Banking and Currency Committee, during the great depression era, Louis T. McFadden in 1932 stated, “We have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board. This evil institution has impoverished the people of the United States and has practically bankrupted our Government. It has done this through the corrupt practices of the moneyed vultures who control it.”

http://criminalbankingmonopoly.wordpress.com/category/federal-reserve-act-1913/

 

[homebaked]

This is what happens. This was 3 yrs ago. The answers pretty much stay the same. Very few of the bastards that can do something about it will. Too much money involved. And of course with none of our representatives held accountable for anything, why bother with explanations!

https://www.youtube.com/watch?v=PXlxBeAvsB8

 

[yoss33]

you know what yoss33 if you don't like us thats fine, but considering that your country gets help from the US government then you ate some too!
you see this money went to banks all over the world brother!

Hey man, I like all people all around the world, it's not that I don't like you Don't get my post as an attack on Americans.
Perhaps you are right that I too benefit from the trillions, we all have done and that's the magic of the system - the injected money make all people happy but to some unfair degree... while subtly stealing from the value of everything.
Americans are the last of the 6 billion people on Earth to be unhappy about Fed printing and giving away so much money. Most of these overvalued papers go to Americans and American corporations (as can be seen from this audit) and you have papers to buy goods produced in other countries without producing anything in return. You just get in debt. A sweet drug this is.

 

[Grobot2010]

Hopefully CSPAN will update us on it.

 

[Dr. Purpur]

the plan is in place

the plan is in place

And it has been in place for a long time.

 

[mckb024]

Hey man, I like all people all around the world, it's not that I don't like you Don't get my post as an attack on Americans.
Perhaps you are right that I too benefit from the trillions, we all have done and that's the magic of the system - the injected money make all people happy but to some unfair degree... while subtly stealing from the value of everything.
Americans are the last of the 6 billion people on Earth to be unhappy about Fed printing and giving away so much money. Most of these overvalued papers go to Americans and American corporations (as can be seen from this audit) and you have papers to buy goods produced in other countries without producing anything in return. You just get in debt. A sweet drug this is.

Although I don't agree with everything you say I think we probably see eye to eye on more of this than we think. good luck with all your endeavors.


please read: on senator bernie sanders website there is a link towards the bottom to downlaod the GOA findings.

please pass this on!!!!!!!!!