The biggest land-grab the world has ever seen? Federal Reserve buying $40 BILLION in mortgage backed securities

That's exactly what I thought about all these bailouts for the banks. They say its suppose to improve lending.. but really its just a land grab.

$40 billion per MONTH.

sorry

Yeah, $40 billion per month and they're nearing $3 Trillion I believe.

I'd rather the Feds own my mortgage than JP Morgan Chase. The Feds might work with you in a pinch, Chase would just say Fuck You, Pay Me ha.

maybe there isn't much difference. i mean, in a sense, when the federal reserve gives money to any of the banking giants, it's really just giving money to itself - it's share-holders.

QE2 and QE3. They have been doing it for months. Just figureing it out now. You guys are always the last too the party aren't you. Its over already fools.

Link?

pretty sure they already do

Get it straight also. Its not bank bailouts. THE FEDERAL RESERVE is buying up mortgage instruments. The Government owns it now. They can also use it to get Mortgages and money from THE WORLD BANK. aka George Soros aka UN aka New World Order. Buy the time you guys catch on to anything its toooooooooo late. When you do you can't even figure out exactely whats it is that their doing. Your Done. Agenda 21.

pick one?

[link to www.bing.com]

Not only will they conquer our land, but our women with their monopoly money. Ghengis Khan sure had a lot to learn from these crooks.