It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Originally posted by ProtoplasmicTraveler
The reality is I don't believe most of the TARP money has gone anywhere.
The Federal Reserve has charged the Treasury and the Tax Payers for the loan (with interest of course) but it appears that very little of the money has actually left the Federal Reserve.
The Federal Reserve seems to be keeping most of it on tap for the banks in case they actually need it.
Monetizing the 700 Billion by putting it out into circulation would have cause runaway and rampant inflation.
Originally posted by ElectricUniverse
Do they know something major is soon to happen, and this is the reason why they are not afraid of stealing all this money from us, and even telling us so to our face?
What could make these people so blatantly apathetic and oblivious, not caring about what the taxpayers might do to try to stop them from continuing to do this to us?
Something is afoot, or am i just grasping at straws here?
Harry Schultz newsletter
Conclusion: Stand by for a possible bank run & bank holiday on Aug 26th, after the news breaks on the 25th. (FDIC 2nd Qtr. Report)
This is in line with the HSL prediction of a US bank holiday in Aug/Sept.
If you live in the US, get 3 to 6 months household expense money out of banks now.