Bloomberg says U.S. bailout exceeds two trillion
CaptHenway
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Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
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Somewhat interesting, albeit long, article...
I wouldn't doubt over twice that by the time we are done bailing out everyone except the citizens.
John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
and then Bloomberg needs to file an FOIA to get this private banking consortium (Federal Reserve) to say where they lent OUR money!!
We live in bizzaro world now, it is insane!
Yeah, it's hard to keep up with which private bankers are getting the most bonuses and resort gigs from all the free money that the Fed creates from the new debt that we are liable for, that is being used to replenish all of the bank losses from all of the bogus money that was created to fund banking operations at 40:1 leverage.
It's all dirty. All of it. For the Record - your salary means squat. Your savings are meaningless. You will have no retirement.
I wonder how many people realize that the "continuity of the government" is the prime objective of these sleasebags? That does not have anything to do with your own personal safety and security. It has nothing to do with "freedom". I can't decide if socialism or imperialism is worse from a citizen's perspective. As luck would have it, we will probably end up with both.
I knew it would happen.
Ray
They are not going to buy up troubled collateral assets after all.
Who the heck is running this fandango???????????
I just balanced my check-book..and the bank says I have $16 dollars more than I do....
The number of groups lining up for more of our free money is astounding!
Check this informative site
John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
As the comedian Henny Youngman used to crack:
"How's your wife?"
"Compared to what?"
<< <i>Last figures I saw showing $5 Trillion and on the way to $7 Trillion. >>
Yah! I saw that too on Lou Dobbs.
R
<< <i>....$700 Billion Dollar bailouts ...$ 2 Trillion Dollar bailouts..mergers, bank failures..auto mfg bailout deals..Transparancy...secrecy...
I just balanced my check-book..and the bank says I have $16 dollars more than I do.... >>
The Obama Phenoma.... That is your weekly deposit from our new president, all your troubles are over. Hail to the new Cheif
<< <i>
<< <i>....$700 Billion Dollar bailouts ...$ 2 Trillion Dollar bailouts..mergers, bank failures..auto mfg bailout deals..Transparancy...secrecy...
I just balanced my check-book..and the bank says I have $16 dollars more than I do.... >>
The Obama Phenoma.... That is your weekly deposit from our new president, all your troubles are over. Hail to the new Cheif >>
You mean Chef. He'll have to cook the books.