9,000,000,000,000 Missing From FED RESERVE --**CNN VIDEO**

Dusty Bake Activate

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And we got morons on this forum (ex: VVD and Gallo), sucking the Fed's dikk on some "they're the good-guys" type sh!t.

You know what was uncovered in Iceland when their major banks failed? . . . That most of the "loan" money made was to the largest shareholders themselves. With that said, why wouldn't we think that the majority of "loan" money at our very own banks aren't being made to their largest shareholders and brushed under the rug? And by "under the rug", I mean right on to the backs of the taxpayers of this nation.

9 trillion. . . The OWNERS (yes, OWNERS) of the Fed prolly got "loan" buttons right at they cribs a la that "easy" button from those TV commercials (can't remember the service).
I've never sucked the fed's dikk or said they're the goods guys, you autistic fake blood dipset teabagger.

You can rant about the fed all you want, but you've already proven if you saw Ben Bernanke in a hotel lobby, you would offer to wash his draws if he accepted your business card.
 

Dusty Bake Activate

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:usure:

you have history as a Fed apologist vic, lets keep it real.

:what: Find a single post of me being a Fed apologist ever. I refute baseless Fed conspiracy theories, I don't apologize for their incompetence and failure.

What is it with you conspiracy theorists, where every time someone doesn't buy your conspiracies about a person or entity, you somehow call that apologizing for or cheerleading for that person or entity?
 

Hawaiian Punch

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I don't argue anything rep Grayson brings up but my question is what can be done? Say we find out the Fed gave away 9 trillion dollars illegally. What exactly are we gonna do? have people pay it back? Say we find out the fed has been illegally manipulating the stock market, will locking up a few people solve everything? :manny:. Everyone in this thread is acknowledging this information and lamenting over more people not knowing, but I'm more scared at this being the point of no return. The only option to me is to scrap the entire system and start over. Doing so would have catastrophic consequences in the short term. Doing nothing leads to catastrophic consequences. What do you do? :manny:
 

Gallo

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And we got morons on this forum (ex: VVD and Gallo), sucking the Fed's dikk on some "they're the good-guys" type sh!t.

You know what was uncovered in Iceland when their major banks failed? . . . That most of the "loan" money made was to the largest shareholders themselves. With that said, why wouldn't we think that the majority of "loan" money at our very own banks aren't being made to their largest shareholders and brushed under the rug? And by "under the rug", I mean right on to the backs of the taxpayers of this nation.

9 trillion. . . The OWNERS (yes, OWNERS) of the Fed prolly got "loan" buttons right at they cribs a la that "easy" button from those TV commercials (can't remember the service).

That is exactly the sort of laughably superficial and fallacious "analysis" that you have earned a reputation for around here. But don't let that get in the way of your righteous indignation.

I don't think Iceland and the US are comparable, or that the Fed could be connected to instances of people dipping into the till. The Fed is not above having audits done, just that Congress shouldn't be involved. It should be an executive function at Treasury. There wouldn't be anyone in Congress qualified to read an auditor's report and understand it. And you don't want to put more power in the hands of the incompetent. They have yet to show the requisite knowledge to understand what the Fed chairman or Treasury Secretary are talking about when they testify as evident by the video posted by OP and every single poster, including you, lack of understanding of what it means. Technical matters should be left for the experts.

If anything, someone should simply come forward with a description of the auditing controls already in place. It's all technical stuff that puts people to sleep anyway.

The main threat Congress poses to the Fed isn't whether there's a payola, but anything that would meddle with setting economic policy. Policy making has to be done in a sterile lab environment without any pressure. Introducing subjective factors into economic policy making spells the worst kind of doom imaginable. For the same reason you don't want the accident-injury auditor in the operating room pressuring the doctor whether to cauterize or not, you don't want anyone bothering the economists with political harangue. They get enough of that by being called to testify and by tinfoil idiots like you.

Lastly, Meta you've been wrong about everything - from hyper inflation to runaway interest rate hikes. You need to understand that you are way out in left field, are often incoherent and frequently contradict yourself. You are the last person to lecture others on delusions or lack of grip on reality.
 

ogc163

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I think there is a major difference between wanting a great deal of influence in the daily activities of the federal reserve versus being able to ask questions on an annual basis especially when discrepancies become apparent. The situation with Bloomberg highlighted that it was necessary for the fed to be more open with information. The fed could have defended themselves and specifically pointed out the flaws in the reporting on the part of Bloomberg, but they instead went about it in a passive aggressive manner further undermining their reputation. A decrease in the often unnecessary secrecy prevalent at the federal reserve does not necessarily have to coincide with a loss of independence.
 

OsO

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:what: Find a single post of me being a Fed apologist ever. I refute baseless Fed conspiracy theories, I don't apologize for their incompetence and failure.

What is it with you conspiracy theorists, where every time someone doesn't buy your conspiracies about a person or entity, you somehow call that apologizing for or cheerleading for that person or entity?


look no further than that stupid ass post by gallo that you just dapped :ufdup:



real talk... in HL and in the US in general there is a fundamental misunderstanding of our economic system, and also the fed's role within that system.

economics in itself is not an exact science true... for example in the present moment right here, right now, in order to be successful the US economy needs to do things differently policy wise than the french, who need to do things different policy wise from the japanese, who need to do things different policy wise than zimbabwe, and so on.... this is because all these countries are in a different economic stage of development, with different resources at their disposal (natural resources, human resources, technological resources, etc), with different natural advantages, different stakes in the global market, different demographics of people, different educational, political, and religious factors, different regions of the world, the list goes on, etc, etc.

but at the same time there are certain ECONOMIC PRINCIPLES that ANY COUNTRY CAN IMPLEMENT and have success with, no matter what their respective situations are. and these principles are not a secret, they are quite well known throughout the world, ESPECIALLY by the banking elite.

so people like yourself claim there is no conspiracy on the part of the banking elite to extract the wealth of the world for themselves because you dont understand economics... and i dont mean that in any kind of malicious way, it's just a fact you have proven through your statements and by supporting the ignorant statements of others.

you seem to have a firm grip on the fact that elite US financial institutions are greedy and shady and doing their best to rob the american people blind... and i applaud you for that...

but here's what you fail to realize... that NONE of this financial exploitation could take place without the willing help of the US government and its mechanisms to manage the economy, which includes the fed. NONE. this whole economic crisis could not have happened without the cooperation of the government and the fed. period.

and until you fully understand the above my friend, everything else will only confuse you.




It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.
-Henry Ford
 
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Damn, 9 Trill? That could solve damn near every American's financial problems and boost up American infrastructure....:smh:
 

ogc163

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look no further than that stupid ass post by gallo that you just dapped :ufdup:



real talk... in HL and in the US in general there is a fundamental misunderstanding of our economic system, and also the fed's role within that system.

economics in itself is not an exact science true... for example in the present moment right here, right now, in order to be successful the US economy needs to do things differently policy wise than the french, who need to do things different policy wise from the japanese, who need to do things different policy wise than zimbabwe, and so on.... this is because all these countries are in a different economic stage of development, with different resources at their disposal (natural resources, human resources, technological resources, etc), with different natural advantages, different stakes in the global market, different demographics of people, different educational, political, and religious factors, different regions of the world, the list goes on, etc, etc.

but at the same time there are certain ECONOMIC PRINCIPLES that ANY COUNTRY CAN IMPLEMENT and have success with, no matter what their respective situations are. and these principles are not a secret, they are quite well known throughout the world, ESPECIALLY by the banking elite.

so people like yourself claim there is no conspiracy on the part of the banking elite to extract the wealth of the world for themselves because you dont understand economics... and i dont mean that in any kind of malicious way, it's just a fact you have proven through your statements and by supporting the ignorant statements of others.

you seem to have a firm grip on the fact that elite US financial institutions are greedy and shady and doing their best to rob the american people blind... and i applaud you for that...

but here's what you fail to realize... that NONE of this financial exploitation could take place without the willing help of the US government and its mechanisms to manage the economy, which includes the fed. NONE. this whole economic crisis could not have happened without the cooperation of the government and the fed. period.

and until you fully understand the above my friend, everything else will only confuse you.




It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.
-Henry Ford

You do an amazing job of rambling on and on and saying absolutely nothing.
 

TLR Is Mental Poison

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Damn, 9 Trill? That could solve damn near every American's financial problems and boost up American infrastructure....:smh:
To be fair, if that $$$ came directly into the people's hands, the value of the dollars you hold would be halved overnight.

That inflation has remained under control through this whole mess does suggest that this money is not necessarily flowing back into the system... and is more likely covering losses/contractions

I mean its not right, as it is still enabling an insulated elite class, but its not as simple as we make it.
 
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