Bernanke's Next Big Bail Out Plan, page 1

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Topic started on 30-3-2008 @ 09:15 AM by JanusFIN

Bernanke's Next Big Bail Out Plan

www.prisonplanet.com

The Federal Reserve is presently considering an emergency operation that is so risky it could send the dollar slip-sliding over the cliff. The story appeared in the Financial Times earlier this week and claimed that the Fed was examining the feasibility of buying back hundreds of billions of dollars of mortgage-backed securities (MBS) with public money to restore investor confidence and clear the struggling banks' balance sheets. The Fed, of course, denied the allegations, but the rumors abound.

(visit the link for the full news article)

reply posted on 30-3-2008 @ 09:15 AM by JanusFIN

"Taking higher risks means there is nothing to loose"

Great bankers has change their funds to other currencies, witch we has seen in rising against dollar. Many currency witch should drop with US Dollar fall because its connections, havent done that, what always before today... Why?

Its because bankers are changing to other currency same cycle when US dollar is falling, and new money is printed out from FED. That can call as planned retreat from markets.

Who will be last, and shut the lights? Thats why Bernanke is still "fighting" ... But I think its his final job too.

www.prisonplanet.com
(visit the link for the full news article)

reply posted on 30-3-2008 @ 10:19 AM by FRIGHTENER

reply to post by JanusFIN

Yeah, Janus- it's troubling that the fed will help bail out banks, but not the
poor sac who's home is being foreclosed on!

It reveals a sickening trend, when the US dollar is declining in value.

reply posted on 30-3-2008 @ 10:26 AM by JanusFIN

reply to post by FRIGHTENER

"If two people refuse to pay their taxes, they are arrested and put in jail or fined. This information is duly given to the media to discourage others. But if ten million people, or more, refuse to pay their taxes (and they can’t thanks to the payroll deduction program) then prosecution becomes impossible.

www.tbrnews.org...

I think you all in US should think this option now, seriously!

reply posted on 5-4-2008 @ 05:43 AM by RabbitChaser

reply to post by JanusFIN

""Helicopter Ben" is living up to the nickname he earned after he remarked in a 2002 speech that he would stave off a recession even if he had to drop money from helicopters to do it. "

www.detnews.com.../20080404/OPINION01/804040313/1008

Yes, JanusFIN -- we'd love to not pay taxes, but pointed out was the automatic deductions with each paycheck. The only way I see to even make a dent at this point is for everyone to redo their W-4 Forms with employers and claim the number that will take the least amount of taxes out of each check... so you would then most likely still owe money (if you filed) at tax time... and we can all at least chhose not to pay that until they do away with that form altogether and make up something new that fits the needs of the power, not the people.

"Wall Street brokerages borrowing $38.1 billion a day from Federal Reserve"

www.freep.com.../20080403/BUSINESS07/80403058

[edit on 4/5/2008 by RabbitChaser]

reply posted on 5-4-2008 @ 05:56 AM by Relentless

Ever heard of attaching wages and freezing your accounts? They have free reign to get their money from you one way or another. Unless you can live cash only and no job, you aren't going to get very far not paying your taxes and the way the penalties and interest rack up, you will be screwed.

reply posted on 5-4-2008 @ 05:57 AM by dawnstar

reply to post by RabbitChaser

we could all use those rebate checks to pay off whatever we owe on our credit cards, then just not go to work till we've used up that credit....then, well, since they want our houses so badly anyways....we can declare bankruptcy and just walk away....
we could be as irresponsible as our great leaders are in other words....
but, the only way not to legally pay taxes is to just not work....but, I am pretty sure that if the majority of the americans just stopped working for a month, they'd take notice!
running up our credit debt to support ourselves funding our strike, well, that's just stiffing the banking institutes..but since they are stiffing us for thier stupidity anyways...

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