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I am utterly speechless

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posted on Jul, 22 2011 @ 11:16 AM
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reply to post by MrWendal
 
the problem is , is that they act/ look like they are a part of the GOV, the name the web site there rules are under FED/ GOV reg and guide lines , but yes they are not, nor have been any part of the GOV www.federalreserve.gov...
so if is not a GOV entity why have a Gov link????? to make you think they are.


edit on 22-7-2011 by bekod because: editting



posted on Jul, 22 2011 @ 01:40 PM
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Have you ever played monopoly? If so, then take the monopoly money to a copy machine, and print out 300 pages worth, cut 'em out, and voila, you're the federal reserve.


Lol,thats gold,well put haha.

I dont understand why taxer payers should have to bailout anyone in the first place.They make enough money from profit,where does it all go? but yet tax payers bail them out? it doesnt make sense.

I think that the amount of money banks make alone,should tell you something isnt right.



posted on Jul, 22 2011 @ 01:43 PM
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16 trillion.

thats a really impressive figure.



x 16



edit on 22-7-2011 by JohnySeagull because: (no reason given)



posted on Jul, 22 2011 @ 01:50 PM
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I can hardly wait till tonight's national news. I'm sure this will be the lead story... as if.

Numero dos



posted on Jul, 22 2011 @ 02:06 PM
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reply to post by Vrill
 



16 trillion in secret bailouts.

Maybe they can ask Rumsfeld how to make a debt 'disappear' like the 23 billion 'unaccounted' for in the defense budget.



posted on Jul, 22 2011 @ 02:13 PM
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considering bernie sanders is a declared member of the socialist party and has done more damage that most

i do not beleive a word he says he plays a large part of the stupidity in washington

www.abovetopsecret.com...

what a surprise a leftist a democrat tries to create more hate for wall street and bankers
edit on 22-7-2011 by neo96 because: (no reason given)



posted on Jul, 22 2011 @ 02:21 PM
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reply to post by Vrill
 


Vrill, you took the words right out of my mouth. I read about this on another trusted site this morning and became physically ill after confirming it was what it appeared to be and seems to be true. Make sure someone remembers to turn the lights out as they leave. The game is about over...



posted on Jul, 22 2011 @ 02:23 PM
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reply to post by neo96
 

Hello agent Neo, always expecting your 'blame the gov for EVRYTHING' stance!



what a surprise a leftist a demcorat tries to create more hate for wall street and bankers


Really? It seems to me the power people, whether it's gov or corps like to socialize dept and privatize profit, hypocrisy at it's best. Yea, we should lay off beating up Wall Street and the bankers, because they are really out to just make an honest dollar.

It's all about the dolla', not your position, and if greed fills your being, whether you are gov or private, it is bad either way, except that corps get to hide money off shore and avoid fair taxes.
Just trying to keep it real and express that I do not believe one side is solely responsible for this mess, rather it is greed and human nature.

spec



posted on Jul, 22 2011 @ 02:28 PM
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reply to post by speculativeoptimist
 


yes i do blame the government for everything and also who push for larger government that has more and more control over everything and everyone in this country.

my anger is well place and its well deserved.

and please dont even talk about hiding money or parking money offshore or fair taxes how many governemt employees and congressman do the same.

whats the deal there only they get to and noone else does?


greed of the government and when over 100 million people are on the government payroll someone isnt paying their "fair share of taxes"

but by all means blame wall street it just must be the truth.

i said this in another thread the us government is more corrupt than wall street ever will be.
edit on 22-7-2011 by neo96 because: (no reason given)



posted on Jul, 22 2011 @ 02:32 PM
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reply to post by neo96
 


All I am saying is you constantly blame only one side, even though you have acknowledged on rare occasion that blame is to be shared by other entities in addition to the gov.
It is NOT one sided man. The gov has private interests working within, as well as private interests have gov officials working from the inside. I don't understand how objective logic can claim exclusive rights to our debacle. I am not saying it's ALL WallSt/Bankers fault, I am just offering the other side of the coin, as opposed to putting all the blame on one entity.
Do I think some of the gov is being dishonest? Yes, but I have to assign responsibility to others at the wheel too, that's all.

spec

ETA:


i said this in another thread the us government is more corrupt than wall street ever will be.

Now I think that is debatable, imo. And again, do you not think they help each other out in the pursuit of profit?
edit on 22-7-2011 by speculativeoptimist because: (no reason given)



posted on Jul, 22 2011 @ 02:38 PM
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You know, these are the kind of things that really tick me off about the fed. Our society and politicians spend all day talking about debt ceilings and collapses and where we can find extra breathing room. Someone comes up with the idea that people on well-fare need to get drug tested (not a bad idea, mind you) as a way to free up monetary assets. Well people, we can keep looking at the meal and try to push off the veggies, or we can go right at the main course (the feds interest, which accounts for a huge majority of our debt).


Edit. Some hear-say in my argument. I forget his name but he worked in the government sector and had degrees in financials, mentioned points that i tried to touch on. FM Radio show interview.
edit on 22-7-2011 by derst1988 because: (no reason given)



posted on Jul, 22 2011 @ 02:41 PM
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reply to post by speculativeoptimist
 


wall street doesnt need you or me or the us government they can go anywhere they want to and they have

because of the government.

like it or not wall street has built this country and has sustained it for decades and now that they have gone elsewhere this country is reaping what it sowed.

rules,regulations and a myriad of elements pushed them out of here.



posted on Jul, 22 2011 @ 02:50 PM
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reply to post by neo96
 



rules,regulations and a myriad of elements pushed them out of here.


True, but does not greed play any part in that? Is it more regulation than profit margins and cheap labor over seas?
Regulations like the ones big pharma avoid by doing their testing in India, where the time trial tests are not as long as the FDA requires? It just doesn't seem like an 'either or' situation. We can't operate with zero regulations because greed will lead, and we can't operate with strict regulations where the gov wants to restrict business either. There has to be a balance and I just feel it is disingenuous to continue heavily laying blame on a single entity.
Globalization benefits both gov and private, so again pursuit of the dollar, way beyond viability is the problem, imo.

spec
edit on 22-7-2011 by speculativeoptimist because: (no reason given)



posted on Jul, 22 2011 @ 02:58 PM
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reply to post by speculativeoptimist
 


regulations and taxes when business are spending millions and billions in operating costs then government sweeps in daily shrink profit margins something has to give.

business exist to make money and every shrinking profit margins are the diffference between life and death your job or theirs or them closing the doors because they simple cant not afford to stay in business.

greed has never left it just switched sides when the government tells them who they can hire how much they have to be paying how they can or cant make a product and where they can or cant sell it.

its not disingenous we are suppose to live in a free market and we dont.

the market should be dictating everything but government is.

and when it comes to regulations there can be no balance ever maintianed because of that "greed' the government keeps taking and taking without a thought to the business.

and thats why there are no real jobs in this country and why we have over 25 million unemployed another 40 million on welfare getting paid by taxes instead of paying them and generating more revenue to the people and government.


we will never agree here and thats fine with me no one on this site can ever change my disgust with the us government.
edit on 22-7-2011 by neo96 because: (no reason given)



posted on Jul, 22 2011 @ 03:01 PM
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Reply to post by My.mind.is.mine
 


Lol! That about sums it up! Now off to print some monoply money.



 
Posted Via ATS Mobile: m.abovetopsecret.com
 



posted on Jul, 22 2011 @ 03:01 PM
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reply to post by neo96
 

Agree to disagree friend, s'all good, just trying to get a clearer picture.
C'mon over Here for further discussions, if you want. No animosity man, I just think the one-sided condemnation does more harm than good.

spec



posted on Jul, 22 2011 @ 03:03 PM
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Wait a second

From what i understand the debt is much, much higher and what the banksters are doing is double counting incomes to arrive at this figure whilst ignoring long term obligation to pay pensions.

Don't ask me the real figure but people that know a lot more then me tend to quote a figure between $60tr and $150tr and thats still quite small when compated to the cedit default swaps (CDS) that are being placed on countries like Greece with the USA holding the babie if Greece defaults.

Bring it on i say and then lets see just what these banksters are left holding after the cats is let out of the bag no matter where they live.



posted on Jul, 22 2011 @ 03:13 PM
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Well, at least one MSM source has posted an article about it:

Source:

W ashington Post



For instance, William C. Dudley, the president of the Federal Reserve Bank of New York who was a senior official there in 2008, owned stock of American International Group before the Fed bailed out the giant insurance firm. The GAO report did not mention him by name, but Sen. Bernie Sanders (I-Vt.), who spearheaded the audit, identified Dudley as the unnamed official described in the report.



posted on Jul, 22 2011 @ 03:23 PM
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all of this will be resolved after the war.



posted on Jul, 22 2011 @ 03:32 PM
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reply to post by Vrill
 


To be honest 16 Trillion is a drop int he bucket compared to the 1,500 Trillion
in derivatives that are hidden on the unregulated OTC market.

What is coming is economic Armageddon, and its all by design.





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