 |
|
|
|||
 |
|||
|
|
|||
|
|
|||
|
|
|
||
|
|
|||
|
|
|
||
|
|
|||
|
|
|||
|
|
|||
|
|
|||
|
|
|||
|
|
|||
|
|
|||
|
|
|||
|
|
|||
 |
|||
|
|
|||
|
|||
|
|
|||
|
|||
|
|
|||
|
Are the Big Banks Faking a “Liquidity Crisis”?
- Text size
George Washington’s Blog
September 27, 2008
 |
|
|
|
|
I previously pointed out that when the Japanese government threw cash at their big banks in the 90’s, the banks just horded the money instead of using it to restore "liquidity".
Well, a professor of economics and an expert in liquidity now hints that the entire liquidity "crisis" might be a hoax.
Bloomberg quotes the good professor:
"I suspect that part of what we’re seeing in the freezing up of lending markets is strategic behavior on the part of big financial players who stand to benefit from the bailout,” said David K. Levine, an economist at Washington University in St. Louis, who studies liquidity constraints and game theory.
Are the big banks faking a liquidity crisis because they know that if they act like the financial system is drying up, they’ll get a big bailout?
Like a kid who pretends he’s sick so he can play hookie from school, are the big players pretending they are financially "sick" so that they can play hookie from the free market?
|
-
- Social bookmarks
- Email this article
-
- Print this page
- Share on Twitter
September 27th, 2008 at 9:33 am
It makes me sick to think that the “big shots” over at Fannie and Freddie, AIG, Lehman etc. are going to get super rich out of this whole thing, while the government drops the bill on us “measly taxpayers”. As if paying for $4 a gallon gas and trying to save money for my daughters college fund wasn’t hard enough.
September 27th, 2008 at 9:38 am
I’ve been wondering the samething as this article suggests. It really doesn’t make sense that all these finacial institutions are drying up. Don’t they usually sell off you unpaid loans (after repossesing items unpaid) to credit collection agencies. I thought banks had protection against stuff like this. Maybe its different in Canada then it is in Canada
September 27th, 2008 at 9:41 am
According to the federal reserve, the banks are actually 1.5 billion in the red, so 700 bil. is a windfall to the tune of almost 7 times the amount they need to restore liquidity, so this does seem plausible.
September 27th, 2008 at 9:43 am
problem is the government and the media is corrupt to the core lying and covering for their banking cartels.. we’re screwed as long as the media stays owned by these asswipes
September 27th, 2008 at 9:52 am
I just hope that big banks got what they wanted out of this “recession” and economy will return to normal.
September 27th, 2008 at 9:54 am
The “bailout” is a scam. I knew this as soon as I heard that Paulson was asking for NO OVERSIGHT on what or how he spent the money. Also, the way they were trying to PUSH IT through as fast as possible.
The Zionist bankers and their neocon operatives are trying to push the US “over the edge” so bush can enact a state of emergency and marshall law.
THIS IS HIGH TREASON.
September 27th, 2008 at 10:13 am
CALLING ALL TRUTHERS !!! NOW IS YOUR TIME!! Last Nights debate has been POSTED on YOUTUBE and everyone who is VOTING will be commenting on them. This is a GREAT opportunity to WAKE THEM UP. Please EVERYONE go search YOUTUBE for Obama McCain Debate or just Debate or Presidential debate and POST POST POST like CRAZY!!! ITS DO OR DIE NOW!! This is what I posted so you can have something.
AWESOME movie about the war on TERROR. This movie BLEW MY MIND! Someone did alot of research for this movie. Go to GOOGLE and search for “FABLED ENEMIES” also “TERRORSTORM”. It is truely amazing how the intelligence black ops work. They are masters of the art of illusion, magic and desception.
September 27th, 2008 at 10:19 am
Does anyone suppose that a couple of the banks might be setting up to be sacrificial ? I mean, they keep buying up this bad debt from the other failed banks and concentrating the risk, and dragging this along until ????? They said WA-MU was the largest bank in history to go down, That would be nothing…….. If they are still after the NWO, and we are supposedly going to the Amero, would it make sense that the Bank Of America would be the last one standing ??? Just a thought.
September 27th, 2008 at 10:29 am
this all seems very timed with a window of opportunity before Bush and his devil clan leave office. The timing is too perfect for this to be a real liquididy crisis.
September 27th, 2008 at 10:39 am
The Australian government is planning a taxpayer bailout. They want to raise inflation again and create a bubble that is even bigger. K, Rudd (Krudd) is an idiot..
September 27th, 2008 at 10:45 am
Is it NOT strange to anyone but me..that Bush and the White House will ONLY accept
a bill if it contains what Bernake and Paulson proposed. There has been several different
bills presented and all were rejected by the repubs because Bush told them to reject anything
that was not Paulson’s plan.
Something is rotten in the wood pile with this one !
How to solve the $$$ crisis that makes good sense…
———————————————————————————— —-
The Plan…You gotta see this one…
—————————————————————————————-
I’m against the $85,000,000,000.00 bailout of AIG. I’m also against the $700,000,000,000++ bailout being proposed in Congress right now!
Instead, I’m in favor of giving $85,000,000,000 to America in a We Deserve It Dividend.
To make the math simple, let’s assume there are 200,000,000 bonafide U.S. Citizens 18+.
Our population is about 301,000,000 +/- counting every man, woman and child. So 200,000,000 might be a fair stab at adults 18 and up..
So divide 200 million adults 18+ into $85 billon — that equals $425,000.00.
My plan is to give $425,000 to every person 18+ as a We Deserve It Dividend.
Of course, it would NOT be tax free. So let’s assume a tax rate of 30%. Every individual 18+ has to pay $127,500.00 in taxes. That sends $25,500,000,000 right back to Uncle Sam.
But it means that every adult 18+ has $297,500.00 in their pocket. A husband and wife has $595,000.00.
What would you do with $297,500.00 to $595,000.00 in your family?
Pay off your mortgage – housing crisis solved.
Pay off credit card debt.
Repay college loans – what a great boost to new grads
Put away money for college – It’ll be there for Junior.
Save in a bank – create money to loan to entrepreneurs.
Buy a new car – create jobs
Invest in the market – capital drives growth
Pay for medical insurance – health care improves
Enable Deadbeat Dads to come clean – or else
Remember this is for every adult U S Citizen 18+ including the folks who lost their jobs at Lehman Brothers and every other company that is cutting back. And of course, for those serving in our Armed Forces.
If we’re going to redistribute wealth let’s really do it…
If we’re going to do an $85 billion bailout, let’s bail out every adult U S Citizen 18+!
As for AIG – liquidate it.
Sell off its parts.
Let American General go back to being American General.
Sell off the real estate.
Let the private sector bargain hunters cut it up and clean it up.
Here’s my rationale. We deserve it and AIG doesn’t.
Sure it’s a “crazy” idea that can “never work.”
How do you spell Economic Boom?
I trust my fellow adult Americans to know how to use the $85 Billion We Deserve It Dividend more than I do the geniuses at AIG or in Washington DC.
And remember, The Birk plan only really costs $59.5 Billion because $25.5 Billion is returned
instantly in taxes to Uncle Sam.
Ahhh…I feel so much better getting that off my chest.
Regards,
(this article was re-copied from “Matrix News Network”)
PS: Feel free to pass this along to your pals as it’s either good for a laugh or a tear or a very sobering thought on how to best use $85 Billion!!
But, what do we expect from those crooks…
September 27th, 2008 at 11:03 am
Mrbucks or whomever is the author of that plan should be Secretary of the Treasury! Talk about an economic stimulis package! It’s brilliant, and whats scarry is that, it’s so simple, it would probably work!
September 27th, 2008 at 11:05 am
#12 your math is off by 3 0’s!
September 27th, 2008 at 11:17 am
I’ve got an idea… Let’s lend the $700B at 9% interest. The financial companies will be expected to make payment each month, otherwise incur a penalty; a late charge of $30M, and their interest rate then be raised to the market rate of 14%. The payments won’t go to the Federal Reserve- instead, they will be divided up and mailed out to every taxpayer.
I would love to see a letter from the taxpayers to the financial institutions stating…
Feb 7 2009
From the American Taxpayers Union Fund
Dear Mr. JP Morgan,
Our records show that you were late on your last payment of 237.7M dollars. When you signed the loan agreement of $700B dollars back on Nov. 7 2008, the terms and conditions affiliated with that loan agreement stated that the borrower would be charged a late fee, and that the loan rate of agreement would be assessed at a new level of the standard market rate of 14%.
If you have already mailed your payment to “The American Taxpayers’ Union Fund”, then we thank you for your valued support and appreciate serving you, or customer. If you cannot pay the amount of 267.7M (237.7M + 30M late charge), then we will have to forward you to our collection agency and legal proceedings will follow.
Please call us if you have any questions, concerns, or comments and again, thank for your customer dedication and service.
Respectfully,
American Taxpayers’ Union Fund
We Love To Serve You!
September 27th, 2008 at 11:30 am
Why should we the taxpayers have to foot the bill for a $700B bailout, without ever knowing it is going to get payed-back. This is criminal. American taxpayers are going to have to pay $700B to jumpstart the lending? Keep your losses. This is Democrats and Republicans (one party!) working together to give out free money; stealing from the American People with no expectation of paying it back. Why should we have to pay through our tax dollars, their interest rate (our negative rate due to time to payback and increase taxation) and we don’t see a penny of it.. In fact, if we want go get a loan, we are having to pay the interest rate plus the loan, for money that is already ours? This is criminal!!!
September 27th, 2008 at 11:34 am
#12, Mr. Bucks… I love the idea but the math is wrong…
If you spread out $80,000,000,000 to the 200,000,000 Americans 18+ it only comes out to $425 a person. But even if we spread the $700,000,000,000 bail out plan with the Americans, it would only amount to $3500 a piece. Which could be a decent bonus.
September 27th, 2008 at 11:37 am
I suspect that the big banks are indeed faking a liquidity crisis. This is being done to give credence to a corporate fascist state. The bailout discussions are simply a facade to allow citizens to think that there is still some semblance of a republic left, when in fact so much evidence exists to indicate that there is not. The international bankers have been hard at work destroying the dollar and U.S. sovereignty for many years in order to reduce the U.S. to a third world bannana republic. They still intend to use the U.S. as a military superpower. Fortunately Russia, Iran, China, Venezuela and several others are not playing ball with those international bankers. Let’s hope they remain adamant about retaining the sovereign integrity of their countries.
September 27th, 2008 at 11:37 am
Wow!! I love the idea of this plan!!!! It’s not a crazy idea that could never work. The Federal government, maybe via another institution, would simply need to send a cheque to every housefold for the amount prescribed and everyone would be reimbursing their debts and this could really jump start the economy…
The only that I am wondering is why Bush and his felons are not even considering this?? The People is suffering from this economic crisis that the bankers created in order to great their power and riches and the party that will get the bailout is the rotten bastards in wall street….
I guess the banks would be losing too much money in interest and their power over us would finallly be over… But let me tell you something, they will no be successfull in keeping us tied for ever….
un-f---ING-believable…. really there is no logic and rational in this world today….
September 27th, 2008 at 11:40 am
mrmath, Although your equation is correct, you used 700bil, only proposed to one bank in particular. Tally them up your looking, like bob chapman said, 3-10 trillion. That could be 30,000+ to each American.
September 27th, 2008 at 11:44 am
#12 your math is as good as Wall St’s…….. 85 billion divided by 200 million is $425.oo worthless dollars minus 30% taxes and you have a measely 298 dollars which will barely buy a full tank of gas and some groceries. You sure you don’t work for Wall St.? We need to take control of the currency again no matter how Wall St’ is ripping us off.
September 27th, 2008 at 11:48 am
Look at this graph to see their manufactured “crisis”:
http://research.stlouisfed.org.....s/BOGNONBR
September 27th, 2008 at 11:50 am
#12 that would require us to spend $85,000,000,000,000.00 (85 Trillion) to give away that much money.. and I”m sure the tax rate on something like that would be more like 48%. the best thing to do is let it all fail. Also we need to move to a non-Amero style currency.
September 27th, 2008 at 11:57 am
If someone robbed your house and took everything you had and was caught by the police would you bail them out of jail? You know if you did they would go to wherever they hid your stuff and skip bail with the loot. This bail-out is no different! The criminlas have been robbing you for years and now they want to take the last bit of CHANGE out of your pocket. That’s what Obama must mean by change uh?
September 27th, 2008 at 12:05 pm
Anyone who has ever played monopoly ( how appropriate is that ) has heard someone say , what if this
money was real ? It is just as real as the currency in your pocket . Now , keeping that game in mind , consider how phony this crisis is . In monopoly you can give a broke player some of your money , if you want to play loose with the rules , TO KEEP THE GAME GOING . This is a GAME . The only ones going broke
are the ones outside the inner circle and all of us workers and consumers . How can there be a crisis when
the currency has only stated value ? All it would take is an agreement between the central bank and the larger countries to erase debt and restate currency values . Just like monopoly , you can start over or equalize players assets at will, because the currency is not real . Of course , they will not do this because
the ones in the inner circle feel they need to have it all . Don’t be fooled , the values and rule of our economy are no more real than the monopoly game . A federal reserve note ( dollar) is just a piece of paper . If they actually cared , and their goal wasn’t to enslave us . they could return us to prosperity tomorrow .
September 27th, 2008 at 12:06 pm
Dude , it only comes to $425 per 200 mill people . Do your math right , moron not $ 425 000 !!!
Crazy nut, go back to school easy math for you 200 mill x5= 1 billion we have 85 billion
5×85= 425 dollars
200 mill x 425= 85 billion not 425 000 u idiotic moron you
September 27th, 2008 at 12:09 pm
My grandfather who raised his kids during the Great Depression had an old saying “Don’t let them rob you unless they have a gun.” I guess that is what is coming over from Iraq.
September 27th, 2008 at 12:24 pm
The liquidity squeeze is genuine because it represents complete lack of compliance to standards and regulations by banks, investment banks, insurance companies, second and third tier lenders and the willful complicity of many borrowers (US citizens) to use easy credit to buy, speculate, and sell and makes millions from hollow real estate ventures in ballooning markets. I believe the absolute amount to improve liquidity is $100 billion. $400 plus billion has already been thrown into the system by the Fed and has little to no effect on what is known in finance as the CASCADE EFFECT.
Yes there is massive hoarding going on in some banks. In the case of Washington Mutual, the amount of debt was so massive it would have been absolutely impossible to stop its failure once massive withdrawals took place. In short, certain key banks are hoarding others are just left to the whims of the chaotic market. At this point, I do not think that $2 trillion of capital injections could stabilize the liquidity squeezes because the markets and banks have become seriously structurally dysfunctional….ans of course it fuels devaluation and inflation. Buffet put $5 billion into Goldman and got stock yielding a 10 percent dividend. He has strike options on shares he purchased which are worth $125,000. He got a very very good deal but he did it in part to privately make the system seem worthy… it is not. The next quarter will be significantly worse than the 3rd quarter and 2009 is start of the final stage meltdown.
I am a pragmatist. I just look at all the data streams and employment figures and the massive spreads coming from the Fed itself. It is not sustainable. Buy gold and silver. No one can make sense out of this chaos. The New World Order wrecking crew thrives on chaos to steal as much as possible. Cheney has bought his place in Qatar and liquidated his US Haliburton and other holdings. Bush has purchased land in the fabled fascist friendly nation of Paraguay where I assume he will be relocating. Ask yourself, when is the last time a US President purchased land in a nation such as Paraguay? Read between the lines. After they all came together and plotted the 9/11 false terror attacks and decimation… had Americans killing Americans and went off on the failed Iraq campaign where life has no meaning, well with these psychopaths, normal people need to group together and proceed with some deep caution. The only way you preserve a nation and what it stands for is to become enlightened and fight for it, informationally and otherwise.
I have commented several times on this subject here. Once the ship is structurally becoming unbound financially and economically, it is not possible to keep things afloat. $700 billion will only work to carry through to the next election. If I were you, I would be making plans to significantly reorganize your lives or move to a more stable country. The 9/11 karma and the Iraq karma are revisiting the US like a tsunami that reversed course and heading for this nation. As a Christian, I happen to believe God blesses and curses nations. In my humble opinion, I believe God has cursed the US for its panoply of horrific sins. So many of us had absolutely nothing to do with causing these events however we will inevitably be caught up in them unless we plan ahead wisely now. Stop watching football and plan for a change. There is nothing normal about what is going in the US. The pathetic debates will placate the masses with false promises for a couple of months. McCain or Obama, give me a break!
September 27th, 2008 at 12:40 pm
I see one thing in some of these posts that go against the grain of any half wit…
I personally am not going to convince myself to pay ANYONE else’s debt because they cannot manage their affairs…. I don’t care if it is 1 cent, $100 , $425 or any price…
Show Bernanke grubbing from a McDonalds dumpster.. I wouldn’t care..he and thee other ass-clowns abused the system and it is not up to me to support their failure..
I already do so by being forced to pay into a welath re-distribution system like the US GVT and IRS…
You pay taxes.. GVT gets it’s cut first.. then uses the rest to buy power and votes… all in the name of keeping the scam goin….
Simple example..
Georgia(The US state) has a %7 sales tax on most items…
& cents of every dollar you spend is in the form of a tax..
Spend $100 .. $7 goes to a tax.. you get the idea(I hope).. SOme would say “well that isn’t much..we pay more in “MY” state…
My point.. WHy should I pay a tax on an item the GVT had nothing to do with from manufacture to point of sale..
Reason.. if the citizen isn’t made to pay.. the Corp won’t pay…
The GVT could care less if I was homeless or not..It is only when I can produce for taxation purposes that I have “value”..
Until 1913 when the FED was allowed toc come into existance there was no Federal Income tax.. they had to comply with the US Constitution for raising revenue..
Now it is WE THE PEOPLE who are made to “comply”…
September 27th, 2008 at 12:51 pm
you cant give $85,000,000,000 to America if they money is printed off just to make the system work.
You cant do that
It world crash the world
There is no way unless we pay off the dept or the world forgives the dept
September 27th, 2008 at 12:54 pm
Get your pamphlets here: http://www.ronpaulforumpa.com/.....opic=887.0
September 27th, 2008 at 12:58 pm
We have already been reduced to a “servile stae” as most GVT of the world have been ..The concept has been around 200 years … and it works..
While this is not a book or a apaer.. it certainly fits the bill of the US now..
Read :
http://www.lewrockwell.com/grigg/grigg-w37.html
Then do your own research on Belloc.. and throw Bertrand Russel in as you will…
There were two ir three philosiphers of the 18-1900s that documented their ideas on how societies were “managed’.. whether they willing or un-willing accomplices to present day doesn’t matter.. They are dead.. Buttheir ideas live on and are used by social engineers.
September 27th, 2008 at 12:58 pm
We have already been reduced to a “servile state” as most GVT of the world have been ..The concept has been around 200 years … and it works..
While this is not a book or a apaer.. it certainly fits the bill of the US now..
Read :
http://www.lewrockwell.com/grigg/grigg-w37.html
Then do your own research on Belloc.. and throw Bertrand Russel in as you will…
There were two ir three philosiphers of the 18-1900s that documented their ideas on how societies were “managed’.. whether they willing or un-willing accomplices to present day doesn’t matter.. They are dead.. Buttheir ideas live on and are used by social engineers.
September 27th, 2008 at 1:07 pm
Rubbish !
September 27th, 2008 at 2:00 pm
This is a 3-ring circus going on. Bush is center stage, once again. Compromising our futures on his get rich schemes he and other congressional agencies and such at is beckoning. Thats is scarey in itself. To think Bush is in control of this too. Either it will go or it will fail, and IF it fails, he will put blame elsewhere. If it works, he’ll soak in, the slap on the back. But we don’t need to worry bout that part. We need to see where he plans on setting the Blame,and who he lets pay off these Bankers Bad notes. Guess what? It’s US. OUR money through taxes is whats going to pay this off. While the rich will still be given tax breaks and Write-offs. They got rich off of our demise.
September 27th, 2008 at 2:11 pm
AND YOU’RE GONNA DO WHAT? COMPLAIN? WRITE A BLOG? OOOOOOO, ACTION ORIENTED INFOIDIOTS I SEE…..YOU’RE GONNA DO NOTHIN’ YOU PATHETIC GROUP OF TRUTHERS.
THEY’RE GONNA GET THE MONEY AND YOU’RE GONNA DO NOTHING, AND YOU KNOW IT. SO SIT DOWN, SHUT UP AND STAY HOME…AND WRITE YOUR BLOG.
September 27th, 2008 at 2:49 pm
It is the jasmine types that seem to be writing their stupid posts inside a garbage-filled, hot and humid dumpster… because it/he/she is trapped inside with refuse.
September 27th, 2008 at 3:03 pm
IN MY c---ISH WAYS I REALIZE THAT IM THE BEST EVER. IM BETTER THAN YOU PEOPLE. I DONT CARE IF YOU CARE FOR YOUR FUTURES AND THE BETTERMENT OF MANKIND. I CARE FOR SATANS ANUS AND I CARE HOW I ENJOY LICKING IT ROUND AND ROUND IN AS MANY WAYS POSSIBLE BY EITHER SUPPORTING CORRUPTION AND TYRANNY AND ALL THAT IS ILL IN THIS WORLD.
BUSH AND HITLTER ARE BOTH HEROES REMEMBER THAT INFOIDIOTS!
SIEG HEIL MORONS
September 27th, 2008 at 3:05 pm
Can you understand a terrorist or a organized group of terrorists can not get in the way of real patriots of the US. Unarmed patriot are more dangerous than a armed
one, Think about it! We have done this before, Call congress, e-mail them,
f--- this Bail Out for the Rich, Some men an women in congress are not corrupt.
We have our own army ready to be in the streets, We as the people can stop this
actions, Do you know the Marines and 3rd army are being thought to patrol the streets of America, This is a complete violations of the constitutions, and Bush
is trying to change it,, Can I ask you something? will you tell on your friend!! for safety of your family?? Well see Hitler was!(the pawn) Like Bush is today,
to the rest of the world. Will U DO SOMETHING, I don’t Care about
AJ, I want to stop Cheney, Rumsfeld, Pelosi, Reid, Franks McConnell Banister, Dodd
Paulson , Beranke green,& Cox, Do U GOT GUTS OR NOT,,,,,
“Government of the people, by the people, for the people, shall not perish from the earth”
DO NOT LET THE US. Constitution get rewrote , Please this is my country, along with yours.
Alex may sell your email for his own saftey, think about it, he reaches a lot of people,
Guess who knocks on your door, are you a supporter of infowars???, And for Midas Gold is a sham a 1% at gold is bulls---, It’s the ones less than pure gold, such as the Silver, there 70% silver, Pay attenshion when buying from this guy, Not the real deal,, Look up the dimes and dollars he is selling, not .999% silver, thats a fact,
Sorry but thats real 70% silver, is what you get from midas, Old coins that are not wanted by real dealers, It’s called scrap silver, an gold,
September 27th, 2008 at 3:13 pm
ROGER the Ass hole said:
Dude , it only comes to $425 per 200 mill people . Do your math right , moron not $ 425 000 !!!
Crazy nut, go back to school easy math for you 200 mill x5= 1 billion we have 85 billion
5×85= 425 dollars
200 mill x 425= 85 billion not 425 000 u idiotic moron you
———————————————————————————-
No need to get nasty…
Have another beer Roger…NOTE the disclaimer at the bottom of the piece…
DUH…
It says: Copied from: Matrix News Network (http://matrixnewsnetwork.com/matrixnews/)
Get pissed at them…Have a great day and chill Roger !
September 27th, 2008 at 3:47 pm
I may be a solid Christian but not zealot. The Apostolic faith I am a part of has been in existence since 301 AD. We do not practice such things as exorcisms or worship statuary but I really get a strong gut feeling about people by actions and words. The following is so devoid of reason and destitute, I almost feel as if a demonic force has been exposed.
Jasmine wrote:
IN MY c---ISH WAYS I REALIZE THAT IM THE BEST EVER. IM BETTER THAN YOU PEOPLE. I DONT CARE IF YOU CARE FOR YOUR FUTURES AND THE BETTERMENT OF MANKIND. I CARE FOR SATANS ANUS AND I CARE HOW I ENJOY LICKING IT ROUND AND ROUND IN AS MANY WAYS POSSIBLE BY EITHER SUPPORTING CORRUPTION AND TYRANNY AND ALL THAT IS ILL IN THIS WORLD.
BUSH AND HITLTER ARE BOTH HEROES REMEMBER THAT INFOIDIOTS!
SIEG HEIL MORONS
I have never seen a post the vile except for researching the depths of Satanic and Vodoo cults for one of my classes. At first I thought it was not worthy of a response but then I felt it was so expository of the true nature of whoever this Jasmine thing is (also appears demonically psychotic) that it needed to be held to the light of day.
September 27th, 2008 at 4:02 pm
Jasmine, I’d like to meet you face to face and see how fast your mouth talks then before i broke your jaw. Your a simpleton. You’ll be the first to stand in line for a Government hand out i can tell that! You wanna see if i would just sit back and write my “Blog” Try setting foot in my yard and i’ll show you what 6 ft under is about. You simpleton.
September 27th, 2008 at 4:10 pm
Lightbeamer,
Don’t fall for Jasmine’s traps. Trolls only survive when you feed them.
In fact, if someone disagrees and doesn’t have at least an attempt at logic, then ignore them. It’s healthy for people to have differences of opinions, but when those opinions have no meat and mostly fat, then discussion would be wasted.
September 27th, 2008 at 6:31 pm
Who owns the “Federal Reserve Note” = The FED
It seems to me they are playing the game of Monopoly, They are “Calling In” all of “THEIR” Federal Reserve Notes and they want them NOW.
The FED, being a Private Organization should have the same laws governing their activities as a typical business does. Why, just because they are the issuing entity of the fiat currency of this land, have such “SPECIAL” rules governing their activities as a “Business” in America? Or are they governed at all?
We should have the right to stop utilizing their “Product” just like the charmin toilet paper, if it cost too much to use, you don’t buy it!
The FED is the root of ALL the problems in this country and they need to be abolished IMMEDIATELY!
Go back to the Constitutional currency of Gold and Silver and be done with the problem as it is in our present society.
ABOLISH THE FEDERAL RESERVE NOW!
ABOLISH THE FEDERAL RESERVE NOW!
ABOLISH THE FEDERAL RESERVE NOW!
ABOLISH THE FEDERAL RESERVE NOW!
ABOLISH THE FEDERAL RESERVE NOW!
ABOLISH THE FEDERAL RESERVE NOW!
September 27th, 2008 at 6:41 pm
…Ah-bdi… When you start on phoney bases , you can extrapolate to any bulls--- you want !!!
September 27th, 2008 at 6:57 pm
Its going to be interesting if they pass one dime to the crooks, how will they be greeted at home? Tar and feathers? Rope? Will people take to the streets? Could this be the trigger that starts massive civil unrest? Bail these crooks out while they are at the same time forclousing on home and take property based on a mortage that the money was created out of thin air?
People are catching on to what is going on now, they might not know how deep the rabbit hole goes but loose your home, loose your job and then watch your 401 disapear, while at the same time borders are wide open and rights most rights are gone and you have a lit fuse that is getting very short very fast!!!!
Ron paul put it best in an interview: “Members don’t know what to do because their calls are 99 to 1 from their district against this bail out”. With an election 4 week away, what does a politician do? How do they justify it? They can’t and they know it…a few billion here, a couple hundered billion there and soon your talking about a lot of money!!! What will the snakes do and how will they justify it? I have lots of feathers, anyone got some tar?
September 27th, 2008 at 9:14 pm
The fed funds rate is at an all time low, yet, interest rates are climbing. Mr. Levine’s theory sounds very plausible.
September 27th, 2008 at 10:33 pm
If I see one more person write “loose” instead of “lose”… I seriously think I will go out of my mind!!!
September 28th, 2008 at 3:30 am
This is exactly the fear that many good people have about this Communistic Appropriation or the so called BAILOUT.
In Italy, Ukraine, Russia, and elswhere, the communists are a recognized political party.
I think, that perhaps Mr. Levine may have an interesting time presenting the differences between Adam Smith and Karl Marx.
Whatever bastardization of a Governmental system we have in Washington now, has combined all of the worst aspects of both economic philosophies.
Now I understand why John S. McCain is so cozy with Viet Nam and China, and hates Russia with a black passion. He is a maverick that Ho Chi Mhin would be very proud of.
It appears that Buckwheat is going to be a good, little boy and pledge alliegence to the new Communist Manifesto, too.
This is the end of Jefferson’s and Madison’s Republic. I am sick.
September 28th, 2008 at 9:00 am
Game. Set and Match. Our American Dictatorship is the chief enforcer of global aristocracy. WE organize and reify, WE destroy so that we can rebuild the infrastructures. We are happy as pigs in s--- that they still put on the great humiliation spectacle of human *culture. To let us know how lucky we are to be privileged as “cells” within a divinely arranged marriage party. Lets get drunk again like the 70’s.Lets get high and celebrate being God’s chosen One, ITS Messiah. Lets Lord it over the subhuman beasts, and rejoice that Our God gives US a covenant RIGHT (in fact, duty) and pre exonerates our assasinations. Most if not all US people are on the precipice of moral risk. Should we once again vote in a bipartisan way for demons A and B? America and the world desparately need a real president. Someone to be adult enough to oversee a re-do of a the express Law to reflect the primacy of the individual right of abstention, of the personal
veto, of the
right to Just say No. Thanks to dedicated adults out in Cyberville, the Forum allows these expressions to be shared, thanks to wonderful curious humans who , wanting to know, take time to read these comments.
September 28th, 2008 at 11:49 am
Open Letter to all of my brothers and sisters in arm.
My fellow patriots the powers to be are orchestrating this collapse to loot and weaken our resolve.
The Elite learned long ago that the most viable resistance movement is family based.
So they are about to unleash onto the American people some of the most powerful weapons known to man, Hyper-inflation and hunger.
They know that the destruction caused by hyper-inflation will breakdown the family steal the fruits of our labor undermine the food supply and weaken the resolve of ALL but the very strongest among us.
Many of you understand and have prepared but sadly many of you have not.
The Elite are putting troops on the streets for their security and to condition as many of the people as possible to the tyranny that is to come.
I don’t fear unconstitutional law but I do fear and uninformed public.
February 28th, 2009 at 11:39 pm
when talking about the bailout : it is interesting to me that the same poeple are still in charge using this thinking we the public shoud not be surprised that there is no change in policy or leadership of the banks or congress Item number two: I was a salor during the last days of the cold war but I can not even use this on a large job posting site but if I had been in Irac I could this the same as what thay did to VIETNAM VETS when thay came home this needs to be changed and QUICK!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! FOR THOSE IN THE MARINE CORPS………….OOOH RA