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American Taxpayers Looted To Bail Out The Euro

 
Anonymous Coward
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05/11/2010 01:00 PM
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American Taxpayers Looted To Bail Out The Euro
“The Federal Reserve late Sunday opened a program to ship U.S. dollars to Europe in a move to head off a broader financial crisis on the continent,” reports the Associated Press.

As we reported last time this program was enacted, the Federal Reserve refused to say which foreign banks had received an estimated half a trillion dollars in credit swaps. The program is unconstitutional under Article 1 of the U.S. Constitution which states, “No money shall be drawn from the treasury, but in consequence of appropriations made by law.”

In addition to the credit swap program being re-enacted, the IMF portion of a separate European bailout package amounts to around $287 billion dollars. Since American taxpayers represent around 20 per cent of IMF funding, they will fork out something in the region of $57 billion dollars which which primarily go straight to French and German banks, not to mention the billions more in transfers of wealth that will occur through the Fed’s credit swap program.

[link to gangstergovernment.squarespace.com]



The massive bailout, which the Associated Press described as "a bold $1 trillion rescue by the European Union," buoyed world markets, but is sure to be a very temporary fix. The IMF will contribute $325 billion to the pot.

Where does the IMF get its money? Well, some 20 percent of it comes from the U.S. taxpayers, in the form of what is called the "quota" or "subscription" by the United States. That means that roughly $65 billion of the IMF's new "loan" to the EU will be underwritten by the U.S. taxpayers, who are already on the hook for trillions of dollars to cover bailouts and past spending by our own government. Treasury Secretary Timothy Geithner and Fed Chairman Ben Bernanke definitely do not want the details of this latest bailout to be exposed by an audit, which would only drastically swell the ranks of the growing Tea Party movement and stoke the fires of the "throw the bums out" attitude that is already causing havoc for incumbents.
Anonymous Coward (OP)
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05/11/2010 01:01 PM
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Re: American Taxpayers Looted To Bail Out The Euro
[link to www.thenewamerican.com]
Anonymous Coward
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05/11/2010 01:03 PM
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Re: American Taxpayers Looted To Bail Out The Euro
And still, the eurotards will hate us
Anonymous Coward
User ID: 967247
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05/11/2010 01:03 PM
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Re: American Taxpayers Looted To Bail Out The Euro
We are being robbed. And then there is the billions we give to the UN and foreign aid to countries that hate us anyway and half the money we can't even account for.
Anonymous Coward
User ID: 967247
United States
05/11/2010 01:04 PM
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Re: American Taxpayers Looted To Bail Out The Euro
Sooner or later there won't be any more money for anyone.
Anonymous Coward
User ID: 967247
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05/11/2010 01:05 PM
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Re: American Taxpayers Looted To Bail Out The Euro
Me thinks there are many criminals in control!!!
Aquarius 7

User ID: 965794
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05/11/2010 01:06 PM
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Re: American Taxpayers Looted To Bail Out The Euro
And still, the eurotards will hate us
 Quoting: Anonymous Coward 967284

.

aq agreed
.

Cayce: “… The greater portion of Japan must go into the sea. …. then we may know it has begun …”. www.near-death.com/experiences/cayce11.html
.
"Be kind, for everyone you know is fighting a hard battle" - Plato
.
"Those who are at peace in their hearts already are in the Great Shelter of life." ~ Hopi Prophecy
.
Anonymous Coward
User ID: 768208
United States
05/11/2010 01:07 PM
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Re: American Taxpayers Looted To Bail Out The Euro
I am way past being pissed about this shit.
Anonymous Coward
User ID: 963029
United Kingdom
05/11/2010 01:08 PM
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Re: American Taxpayers Looted To Bail Out The Euro
And still, the eurotards will hate us

.

:aq agreed:
 Quoting: Aquarius 7


stop being sheep

we're all in the same boat.

and it is sinking FAST!
Anonymous Coward
User ID: 603629
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05/11/2010 01:10 PM
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Re: American Taxpayers Looted To Bail Out The Euro
And still, the eurotards will hate us
 Quoting: Anonymous Coward 967284
Than they will undoubtly take that money off the debt we owe them right?

What happend to there precious "world"curency?A year ago it was to be "everyones"money.Fuck them,this is the bigging of the end for thoes greedy and corupt asholes who thought they would control the worlds money.

Hey try the yen out for awhile,soon to be down the tubes as well.
Anonymous Coward
User ID: 967247
United States
05/11/2010 01:10 PM
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Re: American Taxpayers Looted To Bail Out The Euro
Watch Gold and Silver prices!!!
Aquarius 7

User ID: 965794
United States
05/11/2010 01:11 PM
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Re: American Taxpayers Looted To Bail Out The Euro
And still, the eurotards will hate us

.

aq agreed
.

stop being sheep

we're all in the same boat.

and it is sinking FAST!
 Quoting: Anonymous Coward 963029

. .

I see you are from the United Kingdom.

And I see you "get it".

Many of your countrymen do not. :(

.
.

Cayce: “… The greater portion of Japan must go into the sea. …. then we may know it has begun …”. www.near-death.com/experiences/cayce11.html
.
"Be kind, for everyone you know is fighting a hard battle" - Plato
.
"Those who are at peace in their hearts already are in the Great Shelter of life." ~ Hopi Prophecy
.
Anonymous Coward
User ID: 967354
Portugal
05/11/2010 01:19 PM
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Re: American Taxpayers Looted To Bail Out The Euro
And still, the eurotards will hate us
 Quoting: Anonymous Coward 967284



No we love you hf
jarha

User ID: 109238
United States
05/11/2010 01:21 PM
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Re: American Taxpayers Looted To Bail Out The Euro
Europe start at Ural and end in Los Angeles.

Henry Kissinger
Anonymous Coward
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05/11/2010 01:24 PM
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Re: American Taxpayers Looted To Bail Out The Euro
like the usa bailouts the usa tax payers money goes right into the pockets of european banksters. Who are really all one and the same as the usa banksters. They pretty much go to the same partys.

The federal reserve and usa govemrment has gone crooked to the max.
Anonymous Coward (OP)
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05/11/2010 01:24 PM
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Re: American Taxpayers Looted To Bail Out The Euro
Dylan Ratigan MSNBC - Funding a $1 Trillion European bailout - Part 1



Anonymous Coward
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United States
05/11/2010 01:26 PM
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Re: American Taxpayers Looted To Bail Out The Euro
Peter Schiff tells you exactly how the bailout went down.

[link to www.youtube.com]
Anonymous Coward (OP)
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05/11/2010 01:29 PM
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Re: American Taxpayers Looted To Bail Out The Euro
Faber: Greece Bailout Actually Bailout of European Banks



Anonymous Coward
User ID: 923672
United States
05/11/2010 01:32 PM
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Re: American Taxpayers Looted To Bail Out The Euro
Taxpayers aren't paying jack shit.

PROOF
Thread: ONLY 25% of Americans pay Fed Taxes! Did you know that? We are DOOMED!

All this is are frantic satanists desperately printing counterfeit as it is their their last resort.
Anonymous Coward
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05/11/2010 01:33 PM
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Re: American Taxpayers Looted To Bail Out The Euro
Faber: Greece Bailout Actually Bailout of European Banks




 Quoting: Anonymous Coward 896666

bsflag


Its actually a heist.
Anonymous Coward (OP)
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05/11/2010 01:33 PM
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Re: American Taxpayers Looted To Bail Out The Euro
[link to www.infowars.com]

In addition to Americans picking up the tab for the IMF’s bailout of Europe, they will also be waving goodbye to further unknown billions in the form of Federal Reserve credit swaps, with the Fed directly sending U.S. dollars to European banks. And don’t believe for a second that you actually have a right to know to which foreign entities these untold billions are heading – because Ben Bernanke refuses to tell us.
Anonymous Coward
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05/11/2010 01:33 PM
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Re: American Taxpayers Looted To Bail Out The Euro
Isn't amazing none of the crooks go to jail or are fined.
Anonymous Coward
User ID: 537928
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05/11/2010 01:36 PM
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Re: American Taxpayers Looted To Bail Out The Euro
And still, the eurotards will hate us



No we love you hf
 Quoting: Anonymous Coward 967354

Hi Portugal. This is the kind of unification we need to defeat TPTB. Divided we fall, and they want us divided.
Anonymous Coward
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Turkey
05/11/2010 01:41 PM
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Re: American Taxpayers Looted To Bail Out The Euro
didnt wall street fraud, scam and loot ENTIRE world ?

where is wall street ?
Anonymous Coward
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05/11/2010 01:44 PM
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Re: American Taxpayers Looted To Bail Out The Euro
American Taxpayers Looted To Bail Out The Euro

That's okay.

As long as they don't send over crayons and toothpaste.

That will really enrage me. Might make me want to choke someone.
Joker

User ID: 902133
United States
05/11/2010 01:44 PM

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Re: American Taxpayers Looted To Bail Out The Euro
didnt wall street fraud, scam and loot ENTIRE world ?

where is wall street ?
 Quoting: Anonymous Coward 929725

The WHOLE world trades at wall street sir!
Anonymous Coward
User ID: 929725
Turkey
05/11/2010 01:47 PM
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Re: American Taxpayers Looted To Bail Out The Euro
didnt wall street fraud, scam and loot ENTIRE world ?

where is wall street ?

The WHOLE world trades at wall street sir!
 Quoting: Joker


but my good chap, it was wall street banks situated in wall street under u.s. jurisdiction that invented the hedge funds and engaged in credit default swaps and peddled sure to fail 'tools' to entire world, collaborating with rating agencies. of course this excludes the five or so additional levels of scam goldman sachs pulled.
Anonymous Coward
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Germany
05/11/2010 01:50 PM
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Re: American Taxpayers Looted To Bail Out The Euro
well, it is expensive to control the whole planet, is it not? it may happen that the will to rule the globe against all nations leads into bancruptcy.
Anonymous Coward
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United States
05/11/2010 01:55 PM
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Re: American Taxpayers Looted To Bail Out The Euro
Sooner or later there won't be any more money for anyone.
 Quoting: Anonymous Coward 967247


Why money??

Actually this fiat currency created by the fed reserve has a value worth the paper... but not much more, what is really sad is TPTB force all americans to work for almost worthless paper. (but so does the rest of the world's slaves!) Go ahead and discuss with your employer that you wish to be paid in silver or gold instead of paper, and notice how fast the county jail will become your home! Yes, Americans are forced to work and get paid with worthless paper and watch carefully as the Gobbermint takes the first % in taxes, how is this not servitude or slavery? Who do you work for anyway?

It's downright criminal that the EU would accept fed paper to bail out euro paper as brokered by the IMF, but in such a corrupt world how else to calm the savage EU on the verge of economic collapse?

What will happen when the rest of the world wakes up to realize all fiat money is created from thin air and loaned out at interest?

The result is WORLD WIDE ENSLAVEMENT!

Fractional reserve lending is another way the bankers screw the common person even more, a scam that makes it legal for the banks to lend out the same fed dollar to many people and still the bankers needed to be bailout by the same common folk that are enslaved!

How long till the entire world discovers this scam, is this the real underlying Greek tragedy?

World Financial Scam Doom!

WFSM! bump got paper?
• [REC]

User ID: 714968
United Kingdom
05/11/2010 01:58 PM
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Re: American Taxpayers Looted To Bail Out The Euro
There is a lot of American money tied up in these European Banks, so you are only protecting your own interests (nothing wrong with that).
When there's no more room in hell, the dead will walk the earth.

Repent! The End Is Extremely F***ing Nigh.
Anonymous Coward
User ID: 967208
United States
05/11/2010 02:00 PM
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Re: American Taxpayers Looted To Bail Out The Euro
]
There is a lot of American money tied up in these European Banks, so you are only protecting your own interests (nothing wrong with that).
 Quoting:


You don't think there is anything wrong with theft?

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