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Holy Cow!!! First Audit Results In The Federal Reserve’s Nearly 100 Year History Were Posted Today, They Are Startling! Video

 
Anonymous Coward
User ID: 22908497
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09/01/2012 10:31 PM
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Re: Holy Cow!!! First Audit Results In The Federal Reserve’s Nearly 100 Year History Were Posted Today, They Are Startling! Video
The debt is not real. It does not exist.

Did the bankers loan out gold?

No, they loaned out worthless paper that they admit (in the fed website) has ZERO value.

They insist it be "payed" back with more worthless paper....

uh, do you see the reality here?

If EVERYBODY stood up and said "we ain't payin'"

The system would collapse.

It is your own delusion that gives the worthless paper its power.

NOTHING of value was given, therefore, nothing of value need be returned.

Do you see?
Anonymous Coward
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09/01/2012 10:31 PM
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Re: Holy Cow!!! First Audit Results In The Federal Reserve’s Nearly 100 Year History Were Posted Today, They Are Startling! Video
The real deficit is $25,000,000,000,000.00 (TRILLION)!
 Quoting: El Quisqueyano


I wager before its all said and done we will be 100 trillion in debt. I can't find it now but I think the guy from shadowstats had it around 75 trillion or so two years ago.
SteamrolledGobias

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09/01/2012 10:34 PM

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Re: Holy Cow!!! First Audit Results In The Federal Reserve’s Nearly 100 Year History Were Posted Today, They Are Startling! Video
The debt is not real. It does not exist.

Did the bankers loan out gold?

No, they loaned out worthless paper that they admit (in the fed website) has ZERO value.

They insist it be "payed" back with more worthless paper....

uh, do you see the reality here?

If EVERYBODY stood up and said "we ain't payin'"

The system would collapse.

It is your own delusion that gives the worthless paper its power.

NOTHING of value was given, therefore, nothing of value need be returned.

Do you see?
 Quoting: Anonymous Coward 22908497


sure this makes sense
Anonymous Coward
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09/01/2012 10:34 PM
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Re: Holy Cow!!! First Audit Results In The Federal Reserve’s Nearly 100 Year History Were Posted Today, They Are Startling! Video
The video, the OP, and a lot of posters here apparently have a sad understanding of what the Fed is and how the global economy functions. The Fed is, like so many here on GLP like to point out, a PRIVATE consortium of banks. The Fed is NOT a branch of government, and the U.S. public does not OWN the Fed, again...it is PRIVATE. Kapeesh!? That $16t is not public debt, idiots. The Fed doesn't want to be audited because it is a business, and because of public stupidity, it's books are shit...a load of liabilities and a lot of worthless collateral. Do they like it like that? Hell no, they don't. Know what would have happened if the Fed had not bought up all that worthless collateral (mortgages)? Many of us would be eating tree bark and worms. In case it isn't obvious, the global economic structure collapsed in 2007, and the only thing that has allowed us to continue enjoying a civilized life has been your much hated Fed. Also, the Fed does not 'print' money, they loan...the Treasury prints. How did the Fed get all this cash to loan to foreign and domestic banks? Because we Americans were living far beyond our means, saving nothing, and when the cards came tumbling down, the Fed was the only possible purchaser of all those crap loans. In other words, that $16t is backed by garbage. You want to champion Ron Paul and his audit parade? Fine, he's a good man. But, does he honestly know what is going on in in global financial markets? No, he does not; a return to the gold standard means an instant 20-25% devaluation of the cash in circulation. Think that would help employment? Want to end the Federal Reserve System? Okay, then enjoy as those trillions come back to the U.S., and we make Weimar hyperinflation look like a success story. Oh, and don't bother giving me your booklist (Pound, Griffin, etc.), I've read them all. It is what it is...just save what you can.
Anonymous Coward
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09/01/2012 10:36 PM
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Re: Holy Cow!!! First Audit Results In The Federal Reserve’s Nearly 100 Year History Were Posted Today, They Are Startling! Video
"I believe that banking institutions are more dangerous to our liberties than standing armies . . . If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] . . . will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered . . . The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." — Thomas Jefferson, The Debate Over The Recharter Of The Bank Bill (1809)
Anonymous Coward
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09/01/2012 10:43 PM
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Re: Holy Cow!!! First Audit Results In The Federal Reserve’s Nearly 100 Year History Were Posted Today, They Are Startling! Video
I'm an American and I can say with pride that $0 of this debt is mine.
Anonymous Coward
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09/01/2012 10:44 PM
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Re: Holy Cow!!! First Audit Results In The Federal Reserve’s Nearly 100 Year History Were Posted Today, They Are Startling! Video
The debt is not real. It does not exist.

Did the bankers loan out gold?

No, they loaned out worthless paper that they admit (in the fed website) has ZERO value.

They insist it be "payed" back with more worthless paper....

uh, do you see the reality here?

If EVERYBODY stood up and said "we ain't payin'"

The system would collapse.

It is your own delusion that gives the worthless paper its power.

NOTHING of value was given, therefore, nothing of value need be returned.

Do you see?
 Quoting: Anonymous Coward 22908497


clappa
Anonymous Coward
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09/01/2012 10:44 PM
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Re: Holy Cow!!! First Audit Results In The Federal Reserve’s Nearly 100 Year History Were Posted Today, They Are Startling! Video
The video, the OP, and a lot of posters here apparently have a sad understanding of what the Fed is and how the global economy functions. The Fed is, like so many here on GLP like to point out, a PRIVATE consortium of banks. The Fed is NOT a branch of government, and the U.S. public does not OWN the Fed, again...it is PRIVATE. Kapeesh!? That $16t is not public debt, idiots. The Fed doesn't want to be audited because it is a business, and because of public stupidity, it's books are shit...a load of liabilities and a lot of worthless collateral. Do they like it like that? Hell no, they don't. Know what would have happened if the Fed had not bought up all that worthless collateral (mortgages)? Many of us would be eating tree bark and worms. In case it isn't obvious, the global economic structure collapsed in 2007, and the only thing that has allowed us to continue enjoying a civilized life has been your much hated Fed. Also, the Fed does not 'print' money, they loan...the Treasury prints. How did the Fed get all this cash to loan to foreign and domestic banks? Because we Americans were living far beyond our means, saving nothing, and when the cards came tumbling down, the Fed was the only possible purchaser of all those crap loans. In other words, that $16t is backed by garbage. You want to champion Ron Paul and his audit parade? Fine, he's a good man. But, does he honestly know what is going on in in global financial markets? No, he does not; a return to the gold standard means an instant 20-25% devaluation of the cash in circulation. Think that would help employment? Want to end the Federal Reserve System? Okay, then enjoy as those trillions come back to the U.S., and we make Weimar hyperinflation look like a success story. Oh, and don't bother giving me your booklist (Pound, Griffin, etc.), I've read them all. It is what it is...just save what you can.
 Quoting: Anonymous Coward 1347486


shill
Anonymous Coward
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09/01/2012 10:44 PM
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Re: Holy Cow!!! First Audit Results In The Federal Reserve’s Nearly 100 Year History Were Posted Today, They Are Startling! Video
I saw this and literally got sick to my stomach. The debt we're passing on to future generations is criminal. Welcome to the looting of our country!!!
 Quoting: Saddletramp


YOu haven't quite got what is going on.

These elites are stealing trillions from all of us and were the ones that are supposed to pay it back.
Anonymous Coward
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09/01/2012 10:46 PM
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Re: Holy Cow!!! First Audit Results In The Federal Reserve’s Nearly 100 Year History Were Posted Today, They Are Startling! Video
The debt is not real. It does not exist.

Did the bankers loan out gold?

No, they loaned out worthless paper that they admit (in the fed website) has ZERO value.

They insist it be "payed" back with more worthless paper....

uh, do you see the reality here?

If EVERYBODY stood up and said "we ain't payin'"

The system would collapse.

It is your own delusion that gives the worthless paper its power.

NOTHING of value was given, therefore, nothing of value need be returned.

Do you see?
 Quoting: Anonymous Coward 22908497


clappa
 Quoting: Anonymous Coward 19503697


The debt shouldn't be real. Its all a set up con by the banksters. But the amount stolen and put on the backs of citizens is real.
SaveUSa

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09/01/2012 10:46 PM

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Re: Holy Cow!!! First Audit Results In The Federal Reserve’s Nearly 100 Year History Were Posted Today, They Are Startling! Video
I saw this and literally got sick to my stomach. The debt we're passing on to future generations is criminal. Welcome to the looting of our country!!!
 Quoting: Saddletramp


What debt? This is fraud, it is nothing, made from nothing. As such, it can be repudiated.
 Quoting: Anonymous Coward 23008345


This
Within the surreal depths of "reality" lies the truth.
Anonymous Coward
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09/01/2012 10:49 PM
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Re: Holy Cow!!! First Audit Results In The Federal Reserve’s Nearly 100 Year History Were Posted Today, They Are Startling! Video
Nearly none of the money has been returned and they got the loans with 0% interest. Let the general populace pay out this debt!?`

We aught to be enraged right now hearing these kinds of atrocities!
 Quoting: El Quisqueyano


I am beyond pissed!
Anonymous Coward
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09/01/2012 10:51 PM
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Re: Holy Cow!!! First Audit Results In The Federal Reserve’s Nearly 100 Year History Were Posted Today, They Are Startling! Video
The real deficit is $25,000,000,000,000.00 (TRILLION)!
 Quoting: El Quisqueyano


You're confusing the Federal Reserve with the federal government. We - the people of the United States - OWE the Fed more than we do China.

Who the Fed loans money to has nothing to do with the deficit, unless you're talking the money WE owe them.

Get your facts straight.
Anonymous Coward
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09/01/2012 10:53 PM
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Re: Holy Cow!!! First Audit Results In The Federal Reserve’s Nearly 100 Year History Were Posted Today, They Are Startling! Video
But but but the GOP are completely honest, and there is no way that the honest Republicans could be involved in something like this!


So much for their lie about Obama being the biggest spending candidate... It looks like George Bush spent many times more money than Obama has spent... At least Obama isnt hiding bailouts to billionaires from the American public...


Just another one of the many reasons why it is time for a Libertarian candidate.
 Quoting: chris999


You are quite possibly the dumbest poster on this forum. I truly wonder how your brain could possibly come up with the idiotic notion that Bush and Obama are actually responsible for what the Federal Reserve does.

And you also believe the Libertarian Party isn't completely captured and controlled by the same international banking and corporate interests that control the GOP and DNC? What a fucking coincidence that the Libertarian Party's presidential nominee isn't calling for the arrest of any bankers and claims that no crimes have been committed by the banks and the federal reserver.

Just get off the internet, please.
AdHocBOHICA

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09/01/2012 10:55 PM
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Re: Holy Cow!!! First Audit Results In The Federal Reserve’s Nearly 100 Year History Were Posted Today, They Are Startling! Video
But but but the GOP are completely honest, and there is no way that the honest Republicans could be involved in something like this!


So much for their lie about Obama being the biggest spending candidate... It looks like George Bush spent many times more money than Obama has spent... At least Obama isnt hiding bailouts to billionaires from the American public...


Just another one of the many reasons why it is time for a Libertarian candidate.
 Quoting: chris999


You are quite possibly the dumbest poster on this forum. I truly wonder how your brain could possibly come up with the idiotic notion that Bush and Obama are actually responsible for what the Federal Reserve does.

And you also believe the Libertarian Party isn't completely captured and controlled by the same international banking and corporate interests that control the GOP and DNC? What a fucking coincidence that the Libertarian Party's presidential nominee isn't calling for the arrest of any bankers and claims that no crimes have been committed by the banks and the federal reserver.

Just get off the internet, please.
 Quoting: Anonymous Coward 22860625


This^^^^^^^^^^^^^^
Anonymous Coward
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09/01/2012 10:55 PM
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Re: Holy Cow!!! First Audit Results In The Federal Reserve’s Nearly 100 Year History Were Posted Today, They Are Startling! Video
The debt is not real. It does not exist.

Did the bankers loan out gold?

No, they loaned out worthless paper that they admit (in the fed website) has ZERO value.

They insist it be "payed" back with more worthless paper....

uh, do you see the reality here?

If EVERYBODY stood up and said "we ain't payin'"

The system would collapse.

It is your own delusion that gives the worthless paper its power.

NOTHING of value was given, therefore, nothing of value need be returned.

Do you see?
 Quoting: Anonymous Coward 22908497


clappa
****SUPERFLY****

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09/01/2012 10:56 PM
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Re: Holy Cow!!! First Audit Results In The Federal Reserve’s Nearly 100 Year History Were Posted Today, They Are Startling! Video
So tell me why the Richest bastards who can just print money for themselves(reality) just say fuck all this debt by all these banks and just wipe it clean? It's not like they are going to feel an ounce of it.
Anonymous Coward
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09/01/2012 10:58 PM
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Re: Holy Cow!!! First Audit Results In The Federal Reserve’s Nearly 100 Year History Were Posted Today, They Are Startling! Video
I saw this and literally got sick to my stomach. The debt we're passing on to future generations is criminal. Welcome to the looting of our country!!!
 Quoting: Saddletramp


What debt? This is fraud, it is nothing, made from nothing. As such, it can be repudiated.

 Quoting: Anonymous Coward 23008345


Right , hence if you can make a perfect copy of the money ( the serial number scheme doesn't matter ) , than you should have Legal Tender since it's identical to the original including being Fiat money !

When will WalMart start seling those money presses ( made in China ) and solve our money problem/credit ??
Anonymous Coward
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09/01/2012 10:59 PM
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Re: Holy Cow!!! First Audit Results In The Federal Reserve’s Nearly 100 Year History Were Posted Today, They Are Startling! Video
The guy in the vid says it was loaned at 0% interest. Where does it show that?
 Quoting: Anonymous Coward 22573986


OP?

I asked my mom, who is staunch republican about this. She said well if they are "loaning" the banks money from the people at interest, it could very well be justified as the fed watching the backs of the people, as they will eventually reap the rewards from this. If it is, in fact, being loaned at 0%, then our congress has let them get away with the biggest bank heist in human history.

So again I ask, where is the proof of the interest rates the banks were charged for this money?
 Quoting: Anonymous Coward 22573986


What was revealed in the audit was startling:

$16,000,000,000,000.00 had been secretly given out to US banks and corporations and foreign banks everywhere from France to Scotland. From the period between December 2007 and June 2010, the Federal Reserve had secretly bailed out many of the world’s banks, corporations, and governments. The Federal Reserve likes to refer to these secret bailouts as an all-inclusive loan program, but virtually none of the money has been returned and it was loaned out at 0% interest. Why the Federal Reserve had never been public about this or even informed the United States Congress about the $16 trillion dollar bailout is obvious – the American public would have been outraged to find out that the Federal Reserve bailed out foreign banks while Americans were struggling to find jobs.
 Quoting: El Quisqueyano


You're actually quoting some yahoo on youtube as proof?

And page 131 of that pdf says nothing to support what you're saying.

I want to believe this is a scam, just like you do. But the argument has to hold water. And right now, I see a leaky sive.

Again I ask, where is the proof of the interest rate charged?
Anonymous Coward
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09/01/2012 10:59 PM
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Re: Holy Cow!!! First Audit Results In The Federal Reserve’s Nearly 100 Year History Were Posted Today, They Are Startling! Video
waco texas was a us government massacre of its best citizens
King David
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09/01/2012 11:01 PM
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Re: Holy Cow!!! First Audit Results In The Federal Reserve’s Nearly 100 Year History Were Posted Today, They Are Startling! Video
Where did anyone ever get the idea the Fed did not get paid it's $16 Trillion in loans back?

The Fed publishes it's balance sheet every month, and they've never exceeded $2.8 Trillion Dollars in outstanding Credit.

The Fed's current balance is:

Reserve Bank credit:$ 2,795,420,000,000

As you can see, they don't have any $16 Trillion Dollars in outstanding loans.

Most of that $2.8 Trillion is US Treasuries and MBS.

Securities held outright: $2,570,220,000,000
U.S. Treasury securities: $1,639,413,000,000
Mortgage-backed securities: $843,597,000,000

[link to www.federalreserve.gov]

So everyone getting their balls all in a bunch over this $16 Trillion that has already been repaid, is doing so over nothing.

The Fed loaned that money between Sept. 2008 and early 2009, and it monthly balance sheet never exceeded $2.1 Trillion Dollars during that time. It did not loan all the money at once.

Read the actual facts linked in the Fed's own H.4.1 Report, rather than Internet Rumors.

 Quoting: King David 22908741


The biggest shill lie ever told right there !!

BIGGEST !
 Quoting: Anonymous Coward 22162470


I don't like the Fed any more than you do, I think it's assets should be seized and handed over to the US Treasury and it should be closed, but that doesn't change the facts that the Fed's Books don't show any $16 Trillion in outstanding Credits?

Why would you wish debts that do not exist?

The Fed is a private Bank, whatever it loaned, the US Tax payer is not on the hook for, tho it did put the US Dollar at risk, if the Fed went under, if the loans where not repaid.

But go ahead and ignore published facts, like the Fed is keeping a set of "Secret Book" that your "$16 Trillion" in Mythical Outstanding Loans must be on.
Anonymous Coward
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09/01/2012 11:01 PM
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Re: Holy Cow!!! First Audit Results In The Federal Reserve’s Nearly 100 Year History Were Posted Today, They Are Startling! Video
So tell me why the Richest bastards who can just print money for themselves(reality) just say fuck all this debt by all these banks and just wipe it clean? It's not like they are going to feel an ounce of it.
 Quoting: ****SUPERFLY****


Because it's leveraged through CDO's, CDS and is on the balance sheets of most institutions as accounts recievable.
Anonymous Coward
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09/01/2012 11:07 PM
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Re: Holy Cow!!! First Audit Results In The Federal Reserve’s Nearly 100 Year History Were Posted Today, They Are Startling! Video
The Federal Reserve was given a 100 year charter which should be just about up. Does anyone know if it has been renewed?
Anonymous Coward
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09/01/2012 11:08 PM
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Re: Holy Cow!!! First Audit Results In The Federal Reserve’s Nearly 100 Year History Were Posted Today, They Are Startling! Video
INDUSTRIAL MECHANIZATION HAS REDUCED LABOUR TO THE POINT

WHERE LABOUR EMPLOYMENT = VIRTUALLY ZERO

THEREFOR THE ONLY WAY TO INTRODUCE CASH IN A

LABOURLESS MECHANIZED ECONOMY



IS TO PRINT IT !!!!!!!!
Anonymous Coward
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09/01/2012 11:09 PM
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Re: Holy Cow!!! First Audit Results In The Federal Reserve’s Nearly 100 Year History Were Posted Today, They Are Startling! Video
The Federal Reserve was given a 100 year charter which should be just about up. Does anyone know if it has been renewed?
 Quoting: Anonymous Coward 14350080


Show me where in the Federal Reserve Act that the Fed was limited to 100 years?

It's a myth.
Anonymous Coward
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09/01/2012 11:09 PM
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Re: Holy Cow!!! First Audit Results In The Federal Reserve’s Nearly 100 Year History Were Posted Today, They Are Startling! Video
The debt is not real. It does not exist.

Did the bankers loan out gold?

No, they loaned out worthless paper that they admit (in the fed website) has ZERO value.

They insist it be "payed" back with more worthless paper....

uh, do you see the reality here?

If EVERYBODY stood up and said "we ain't payin'"

The system would collapse.

It is your own delusion that gives the worthless paper its power.

NOTHING of value was given, therefore, nothing of value need be returned.

Do you see?
 Quoting: Anonymous Coward 22908497


sure this makes sense
 Quoting: SteamrolledGobias


Makes sense to me too. This whole thing is like postulating a monster then getting all scared about fighting the monster. It's imaginary, but people talk like it is real.
cosman

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09/01/2012 11:12 PM
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Re: Holy Cow!!! First Audit Results In The Federal Reserve’s Nearly 100 Year History Were Posted Today, They Are Startling! Video
The Federal Reserve was given a 100 year charter which should be just about up. Does anyone know if it has been renewed?
 Quoting: Anonymous Coward 14350080
If it has/will be, it'll be under cover of darkness at Jekyll Island..
Anonymous Coward
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09/01/2012 11:12 PM
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Re: Holy Cow!!! First Audit Results In The Federal Reserve’s Nearly 100 Year History Were Posted Today, They Are Startling! Video
The guy in the vid says it was loaned at 0% interest. Where does it show that?
 Quoting: Anonymous Coward 22573986


OP?

I asked my mom, who is staunch republican about this. She said well if they are "loaning" the banks money from the people at interest, it could very well be justified as the fed watching the backs of the people, as they will eventually reap the rewards from this. If it is, in fact, being loaned at 0%, then our congress has let them get away with the biggest bank heist in human history.

So again I ask, where is the proof of the interest rates the banks were charged for this money?
 Quoting: Anonymous Coward 22573986


What was revealed in the audit was startling:

$16,000,000,000,000.00 had been secretly given out to US banks and corporations and foreign banks everywhere from France to Scotland. From the period between December 2007 and June 2010, the Federal Reserve had secretly bailed out many of the world’s banks, corporations, and governments. The Federal Reserve likes to refer to these secret bailouts as an all-inclusive loan program, but virtually none of the money has been returned and it was loaned out at 0% interest. Why the Federal Reserve had never been public about this or even informed the United States Congress about the $16 trillion dollar bailout is obvious – the American public would have been outraged to find out that the Federal Reserve bailed out foreign banks while Americans were struggling to find jobs.
 Quoting: El Quisqueyano


You're actually quoting some yahoo on youtube as proof?

And page 131 of that pdf says nothing to support what you're saying.

I want to believe this is a scam, just like you do. But the argument has to hold water. And right now, I see a leaky sive.

Again I ask, where is the proof of the interest rate charged?
 Quoting: Anonymous Coward 22573986


cough, bernake has said its 0% interest. Just check how much dolman sachs and jp morgan borrow at.
Anonymous Coward
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09/01/2012 11:15 PM
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Re: Holy Cow!!! First Audit Results In The Federal Reserve’s Nearly 100 Year History Were Posted Today, They Are Startling! Video
The guy in the vid says it was loaned at 0% interest. Where does it show that?
 Quoting: Anonymous Coward 22573986


OP?

I asked my mom, who is staunch republican about this. She said well if they are "loaning" the banks money from the people at interest, it could very well be justified as the fed watching the backs of the people, as they will eventually reap the rewards from this. If it is, in fact, being loaned at 0%, then our congress has let them get away with the biggest bank heist in human history.

So again I ask, where is the proof of the interest rates the banks were charged for this money?
 Quoting: Anonymous Coward 22573986


What was revealed in the audit was startling:

$16,000,000,000,000.00 had been secretly given out to US banks and corporations and foreign banks everywhere from France to Scotland. From the period between December 2007 and June 2010, the Federal Reserve had secretly bailed out many of the world’s banks, corporations, and governments. The Federal Reserve likes to refer to these secret bailouts as an all-inclusive loan program, but virtually none of the money has been returned and it was loaned out at 0% interest. Why the Federal Reserve had never been public about this or even informed the United States Congress about the $16 trillion dollar bailout is obvious – the American public would have been outraged to find out that the Federal Reserve bailed out foreign banks while Americans were struggling to find jobs.
 Quoting: El Quisqueyano


You're actually quoting some yahoo on youtube as proof?

And page 131 of that pdf says nothing to support what you're saying.

I want to believe this is a scam, just like you do. But the argument has to hold water. And right now, I see a leaky sive.

Again I ask, where is the proof of the interest rate charged?
 Quoting: Anonymous Coward 22573986


Sorry haven't read throught the whole thread.

Uh, I'm pretty sure that we (or the Fed Reserve) loaned it out at less than 1% interest. That is practically no interest! I would like a loan at less than 1%! I could make some inroads into my debt!

Explore Sen Sanders website farther and you just might find that, not only did we loan it out at practically 0% interest, we borrowed it back at 3 or 4 %!

I just can't help staring at Wachovia name on the list. I lost several thousand dollars when their stock went kerplunk in 2008. Uh, no, I can't afford to lose that kind of mula! I'm just an average Joe!
Anonymous Coward
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09/01/2012 11:18 PM
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Re: Holy Cow!!! First Audit Results In The Federal Reserve’s Nearly 100 Year History Were Posted Today, They Are Startling! Video
we knew this tho....cmon...you guys really that surprised?
 Quoting: Phennommennonn


This. Now if the "news anchors" do their job the rest of the sheep will know.

I'll be interested to see their reaction.

Wondering if there will actually be one.

News