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The Fed, in outlining the tests' methodology, said the 19 companies that hold one-half of the loans in the U.S. banking system won't be allowed to fail — even if they fared poorly on the stress tests.
Originally posted by middleclasssoldier
are you kidding me? when is enough going to be enough? too big to fail? more like elite banker crooks robbing the piss out of this country in broad daylight. i am fed up and disgusted. im just glad that there seems to be an awakening of sorts in this country about who really runs things what they are doing.
news.yahoo.com
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Originally posted by Vitchilo
The FED, a PRIVATE group of banks, is screwing us royally. Those who own the FED also own the big 5 banks... that's why they are screwing us. They are using taxpayer money and future to pay themselves.... This is disgusting.
AUDIT THE FED. Obama should nationalize the FED and put everybody at the top of the fed in the last 20 years in jail for treason, corruption, conspiration and stealing of taxpayer money.
EDIT: I don't know why your teachers in the US teach you that the FED is own by the government, but at least here in Canada at the university I'm at they teach the truth, the FED is PRIVATE.
[edit on 24-4-2009 by Vitchilo]