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View Full Version : Where did all that money go?


jungle
03-31-2011, 10:20 AM
Fed Releases Documents Detailing Which Banks Used The Emergency Discount Window During The Crisis (http://www.businessinsider.com/fed-release-bank-emergency-lending-discount-window-31-2011-3)

Federal court forces disclosure, eventually the truth will come to light.


Lester Burnham
04-03-2011, 11:17 AM
I would venture to say that 90% of America has no clue about what you just posted. Slowly, people are starting to wake up. The question is when this whole ponzi system collapses, will the people realize who did it? Unfortunately, my guess is probably not. As usual, the sheep will blame the "free market" and not the moron central planners that produced this mess. The idiots in DC will continue to find more ways to screw up our economy and milk the people dry in order to keep themselves in office and keep their corporate/banking sponsors happy.

We've scratched the surface, now let's dig a little deeper:

Bill Text - 112th Congress (2011-2012) - THOMAS (Library of Congress) (http://www.thomas.gov/cgi-bin/query/z?c112:H.R.459:)

DYNASTY HVY
04-03-2011, 02:17 PM
Found this article in the Irish Times on stress testing of banks and it's a bit vague and I wonder what the banks over here had to go through during the stress testing .
Give me a crash course in . . . bank stress tests - The Irish Times - Sat, Apr 02, 2011 (http://www.irishtimes.com/newspaper/weekend/2011/0402/1224293622302.html)
Ally


jungle
04-04-2011, 11:10 AM
I would venture to say that 90% of America has no clue about what you just posted. Slowly, people are starting to wake up. The question is when this whole ponzi system collapses, will the people realize who did it? Unfortunately, my guess is probably not. As usual, the sheep will blame the "free market" and not the moron central planners that produced this mess. The idiots in DC will continue to find more ways to screw up our economy and milk the people dry in order to keep themselves in office and keep their corporate/banking sponsors happy.

We've scratched the surface, now let's dig a little deeper:

Bill Text - 112th Congress (2011-2012) - THOMAS (Library of Congress) (http://www.thomas.gov/cgi-bin/query/z?c112:H.R.459:)

More fun to read is "The Creature from Jekyll Island"
"What every American needs to know about central bank power. A gripping adventure into the secret world of the international banking cartel."


Mark Thornton


Asst. Professor of Economics, Auburn Univ.


Coordinator Academic Affairs,


Ludwig von Mises Institute




Found this article in the Irish Times on stress testing of banks and it's a bit vague and I wonder what the banks over here had to go through during the stress testing .
Give me a crash course in . . . bank stress tests - The Irish Times - Sat, Apr 02, 2011 (http://www.irishtimes.com/newspaper/weekend/2011/0402/1224293622302.html)
Ally

The Banks in Ireland failed for the most part, so one might say they were completely stressed out.:D

Lester Burnham
04-04-2011, 05:49 PM
Jungle,

Creature From Jekyll Island is a great book, a must read for everyone. I have to laugh at all the outrage at Wall Street from the public. Ask someone why it's OK for the same Wall Street bankers to control the money of the US (under the illusion of being "federal"), and you'll get a nice deer in the headlights look.

YouTube - Federal Reserve Lost 9 TRILLION Dollars. (http://www.youtube.com/watch?v=CY8xz3Q7aig)

DYNASTY HVY
04-05-2011, 07:33 PM
More fun to read is "The Creature from Jekyll Island"
"What every American needs to know about central bank power. A gripping adventure into the secret world of the international banking cartel."


Mark Thornton


Asst. Professor of Economics, Auburn Univ.


Coordinator Academic Affairs,


Ludwig von Mises Institute






The Banks in Ireland failed for the most part, so one might say they were completely stressed out.:D
How did those TARP funds work out over here ?:rolleyes:
Just another exercise in pouring good money after bad .


Ally

jungle
04-05-2011, 07:38 PM
How did those TARP funds work out over here ?:rolleyes:
Just another exercise in pouring good money after bad .


Ally

Interesting that we were propping up both European and Libyan banks.

I am sure there is a perfectly logical explanation, but I have so far failed to find it.:D