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  • U.S. Profits from Bailed-Out Banks [View article]
    On Sep 01 09:34 AM whisperonthewind wrote:

    > PainfullyAware, the government doesn't make money, it takes money.
    > It doesn't earn money because it doesn't work.

    Things Have Become "A Bit More Grey" than your definitive "Government Does Not Make Money".

    Congress Abdicated its responsibility for "Coining Money" To A Private Entity - The Federal Reserve - which does "Make Money";. Not for the benefit of the citizen but for the benefit of the "Club".

    I agree that Government only leaches and does not "Provide Value With Recourse Or Reciprocity For Failure" In Regard To "Money Creation".

    However, Fiat Monetary Policy and Fractional Reserve Banking DOES Create Money. (even If It Is Fictitious and Not Tied To Any Finite Quantity.)
    Sep 01 22:56 pm |Rating: 0 0 |Link to Comment
  • U.S. Profits from Bailed-Out Banks [View article]
    Government "Made Money" from the "Magic Money Fountain" of the fiat money system and the implementation of the "Shell Game" by its select TARP Banks.

    4 billion to date => 4.1667 billion per year => Only 336 Years to Go Until TARP PAYBACK => Only 2880 Years To Go Until Pay Back on The 12 Trillion.

    Yes the rate could increase but it is doubtful that it would by "Honest Business".

    If This Is "Making Money", Then The Government Sucks At It.
    Sep 01 03:21 am |Rating: +1 -1 |Link to Comment
  • Proposal for Fed to Become the Next AIG [View article]
    I would like to know if the Fed has purchased any "Interest Rate Derivatives" used to hedge against rises in interest rate.

    If they have, then will they really go against their "Holdings" and raise interest rates when they should?

    The More Stuff "Put Behind The Curtain" The More Potential Conflict Of Interest.
    Aug 21 15:33 pm |Rating: +14 0 |Link to Comment
  • Wall Street Set to Cash in Again on AIG [View article]
    The Lunacy Continues !!!

    The One With The Deepest Pockets And The Least Negotiating Skills Gets Charged The Most.

    Helps To Have The Use Of "Other Peoples Money" To Pay The Bills.
    Aug 06 21:40 pm |Rating: +1 0 |Link to Comment
  • Villainizing AIG's Edward Liddy May Have Cost Us Billions [View article]
    We May Never Know How Deep The AIG Scam Runs.

    The Magnitude Unveiled To The Public Is Abhorrent Enough For Dire Reciprocity.

    Where Art Thou Justice; Bought And Paid For?
    Aug 06 21:22 pm |Rating: 0 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    If China Believes That The Clowns In Washington Are Going To "Rein In Their Spending" then they deserve what "Word And Assurances", with no accountability, brings.

    At What Point In The Fiat Money History Of The US Has This Occurred?

    Actions Are Different From Intentions. Both are "Talking Publicly" and "Acting Privately"; Each To Their Own Agenda And Perceived Threats.
    Jul 28 15:04 pm |Rating: +2 0 |Link to Comment
  • Debunking Wall Street's New Fairy Tale [View article]
    Something New - The Federal Reserve Is Hiring The Enron Lobbyist To Represent Them To Congress In July.


    The Federal Reserve Hiring A Lobbyist To Combat HR1207
    www.bloomberg.com/apps...

    A bit of trivia as well: The Fed Was Created In 1913 and by Corollary Or Coincidence the house of representatives was limited in the number of representatives allowed - No Longer A Population Based Representation - In That Same Year.

    An Interesting Site That Discusses This:
    www.thirty-thousand.org/


    Maybe one of those is new to you.


    On Jun 17 05:55 PM twitee wrote:

    > Now the real mobsters are in charge "THE FED", who are they fooling,
    > they were always in charge of the World financial sysytem.....can
    > someone tell us what is new?
    Jun 17 21:22 pm |Rating: +1 0 |Link to Comment
  • Increased Regulation of the Financial Sector or Simply Micromanagement? [View article]
    Pedophiles are usually the most vocal opponents of Pedophilia.

    Actions And Events Are The Only Measure.

    Very Dangerous Times Are Ahead.

    The similarities to "Very Bad History" are becoming harder to ignore or sugar coat.
    May 14 14:06 pm |Rating: +1 -1 |Link to Comment
  • The Bernanke Fed's Bogus Transparency [View article]
    A journey of a thousand miles begins with a first step.

    Lets hope that Ron Paul gets his sponsors and Cuomo is able to continue his efforts.
    May 08 16:30 pm |Rating: 0 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    axelrod608 - Your comment exemplifies the end result of the Centralization Of Power.

    This Is The Reason The Founders Put Limits On What The Federal Government Was Allowed To Do. Their Wisdom Has Been Disregarded By Current Measure.

    The Moral Of The Story: Power Given To The Seats Intended For Angels Will Eventually Be Usurped By Evil. (This always is the end result because evil is drawn to power over others.)

    Decentralized systems police themselves because there is the possibility of "Opting Out" of working with/for evil. When this option is removed, subjugation, No Matter How Benevolent At First, will be corrupted.

    Governance Is To Make The "Field Level" And Give All Participants In The System Equal OPPORTUNITY To Succeed By Their Own Endeavor.

    When Governance becomes the "Robber Of Producers" and "The Benefactor Of The Consumers" Demise of the system is not far off.

    Old Wisdom Will Be Taught By Hardship Once Again.



    On May 04 09:29 AM axelrod608 wrote:

    > >> "Ties questioned between Goldman, NY Fed." >>
    >
    > Face it, the entire US government and the Fed are wholly owned subsidiaries
    > of big business and special interests. Big Pharma owns and runs
    > the FDA. Big Media owns and runs the FCC. Big Airlines own and run
    > the FAA. Heck, 9/11 could not have happened if the Big Airline lobby
    > hadn't prevented the installation of secure cockpit doors back in
    > the 1980's when hijackings were common.
    >
    > Of course Goldman is the single most influential vioce in the NY
    > Fed. Water's wet, rocks are hard and Big Bankers run the fed and
    > the government agencies that are supposed to regulate them. The
    > idea that the US government is "of the people by the people and for
    > the people" is about as current as the horse and buggy.
    >
    > Send them tea bags and all they'll do is make free tea to go with
    > their other freebies. American voters clearly do not get it. They
    > keep voting in a full slate of Republicrats in every election.
    May 04 13:06 pm |Rating: +2 -1 |Link to Comment
  • Seething Over Liddy's AIG-Goldman Connection [View article]
    The Republican/Democrat Paradigm Is Stupid !!! They Act The Same When In Power.

    I Would Like To see Corruption Prosecuted No Matter The "Club Affiliation".

    When Did We Leave The "All Are Created Equal"? The Implementation Of Fractional Reserve Banking? IRS "Special Case" Tax Code? K-Street As A Retirement Job For Congress?

    Apparently it is more important to be "Comfortable" rather than Noble.



    On Apr 17 01:29 PM Just Say Whoa! wrote:

    > >Seething Over Liddy's AIG-Goldman Connection
    >
    > Funny, I don't remember any Republicans "seething" over Dick Cheney's
    > Haliburton connections, no?
    >
    > "IOKIYAR"
    Apr 17 14:13 pm |Rating: +7 -2 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Seems Like The Presidents Working Group On Financial Markets And Their Affiliates Have Been Busy Recently -

    "Big money backing rally. Institutional investors are driving the U.S. stock market's recent rise, State Street says. The firm, which monitors the buying and selling of $12 trillion in assets it holds as custodian, says monthly cash flows into equities are in the 98th percentile - close to a 12-year high. The report flies in the face of yesterday's comments by NYSE Euronext CEO Duncan Niederauer, who said the rally is being driven by quants, while big money sits on the sideline."
    Apr 17 12:46 pm |Rating: 0 0 |Link to Comment
  • Goldman Sachs One-Upped Wells Fargo in Accounting Shenanigans [View article]
    So Much Smoke, I Can Barely See The Mirrors.

    From Beggar To Billions With The Stroke Of A Pen.

    Maybe I should get Alice to do my accounting as well; she has apparently brought her "Wonderland Style" to "The Books Of the Big".
    Apr 14 21:22 pm |Rating: +4 -1 |Link to Comment
  • Government Intervention: Do We Really Have Alternatives at This Point?  [View article]
    Capitalism Without Loss Is Like Religion Without Hell.

    Responsibility And Accountability Seem To Have Been Weakened By Moral Relativism.

    In my opinion these economic catastrophes go two ways:

    1. Quick Crash and no intervention, with public money used to rebuild and provide the "Safety Net" in the aftermath = Quick Recovery.

    2. Slow Crash and massive intervention, with public money used to slow the descent. Money used fills the holes and the debt created subjugates the populous much longer. More time is spent in the downward part of the cycle and little money is left for rebuild and safety net programs in the aftermath = Long Recovery.

    In Saving The "Bad Decision Makers" The Populous Pays Much Higher Price And Longer Time.
    Apr 14 12:17 pm |Rating: 0 0 |Link to Comment
  • Why It's Better to Bail Out Borrowers than Banks [View article]
    Why Are We "Bailing Out" Anybody?

    Bolster the "Safety Nets" and let the carnage play out.

    There is no greater teacher than being uncomfortable.

    Those whom were irresponsible or nefarious would receive the fruits of their labor and egregious flaws in the system would be exposed for review and "Change".

    As it is playing out - All Cracks In The Foundation Receive Plaster Fill And Fascia. Flaws in "Integrity" Are Hidden But Not Repaired Or Isolated. With this added "Covering" it will be harder to discern the "True Contributors" to the loss of integrity when pieces fail and fall.

    We May Save The Failed System Only To Find That We Have Sold Our Future.

    To Be Clear - The Entire System Is Not Set For Destruction. "Normal" Commerce and Banking are healthy in construct. (Although Fractional Reserve Banking Tips Power To Those With Access To It) The "Shadow Banking" and "Financial Engineering" Occurring As "Off Accounting Book Assets" Are The Culpable Elements.

    Bail Outs Enable Bad Decisions To Continue To "Bear Bad Fruit".

    Que Bono - Follow The Money.
    Apr 11 16:37 pm |Rating: +9 -1 |Link to Comment
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