Showing posts with label The Federal Reserve. Show all posts
Showing posts with label The Federal Reserve. Show all posts

Wednesday, December 7, 2011

CSPAN video The Federal Reserves Greatest Secret: $7.7 Trillion in Secret Bailouts to Banks!!!

via Tyler Durden | @ZeroHedge

Back in August when Bloomberg first scoured the depraved depths of the almost-30,000 pages of FOIA-released Fed documentation surrounding the biggest ever bailout in history, the sheer volume of the loans, ultra-low cost of funds, and lying-through-their-teeth nature of the bank CEOs was enough for some vindication of tin-foil-hat-wearing fringe blogs. In this month's Bloomberg Markets magazine, much of this is rehashed but the truly incredible part - though not entirely shocking to us - is the magnitude of the profits that the banks amassed directly as a result of these 'secret' bailouts. Almost a quarter of their entire income was generated during this period from bailout-related sub-market funds. Over $13bn profit was 'appropriated' during the crisis with Citi and BofA among the largest profiteers.

For those with the stomach for what is the highest form of crony capitalism writ large and explained in its clearest and most egregious manner yet, the article also has an interactive chart of the banks' profit-gains direct from the Fed's bailouts during this period. Dean Baker's quote from the article perhaps sums up our perspective at the time and now:

"banks were either in bad shape or taking advantage of the Fed giving them a good deal. The former contradicts their public statements. The latter - getting loans at below-market rates during a financial crisis -- is quite a gift."

Another notable perspective was:

"Banks don’t give lines of credit to corporations for free, why should all these government guarantees and liquidity facilities be for free?"

Perhaps the growing awareness of this secret bailout and huge profiteering by the banks will bring a renewed focus on the words and deeds that spew from the banks and we note that Sentor Kaufman (of the defeated Brown-Kaufman proposal) unequivocally states...

Read The Rest → Multi-Trillion Bank Bailout Leads to Multi-Billion Bank Profit Bloomberg Finds


vidio via www.lonestarbullion.com

at 9:10 PM
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Saturday, August 6, 2011

The Real American Revolution

Evidenced by the fact that there has been no impeachment hearing, nor has the Supreme Court even heard ANY of the cases brought before IT after everything that has happened since Barach Obama was elected rose to power, it seems quite likely that, the only way in which the rightful US governing body can regain its proper place is the way in which it was taken away from the King of England between 1754-1763.

The "two party system" is ongoing subterfuge. Power will NOT be returned to We The People, willingly, so long as the current cabal and polit bureau are in control, and so long as the US Treasury continues to borrow money from The Federal Reserve Bank and hold US Citizens captive to the interest payments of those funds created out of thin air. The people who are "in power" have been involved in the ongoing plot to remake our true government since the early part of the 20th century. They have slowly, and calculatingly, stripped We The People of our Constitutional position of power, while chipping away at our rights. The fact that we are where we are is all the evidence needed to prove that we are no longer governing ourselves as the founders absolutely intended.



This plot is not limited to Mr Obama. He is nothing but a useful idiot of a group of sinister people. Why else would his absolute incompetence, his fraud, his ineligibility, his lack of ability be left undealt with? His mysterious rise to power and the evasion of his fraudulent birth certificate, the mysterious Social Security number, etc., are all an intentional perversion of truth. We are headed for disaster. The fools who now serve the actual masters will soon discover that they have been useful idiots, no longer needed. By then we will be in Stage Four Destabilization. If you think this is a conspiracy, you have your head buried in the sand.


Don't take my word for it. Listen to your own heart and do the research. Does what you find match what John Adams said?

"Revolution was effected before the war commenced. The Revolution was in the minds and hearts of the people... This radical change in the principles, opinions, sentiments, and affections of the people was the Real American Revolution[emphasis added]." ~John Adams

at 12:44 PM
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