Audit of the Federal Reserve results available now

reply to post by e11888


Today is Ron Paul's Black this Out Moneybomb. I already donated within my current financial capabilities. Lol. $50!

On topic: 16 trillion dollars?

It's so blatant that it makes me want to believe in "mind control" against the idea that people are so dumb or uninterested that they can't see what this means.

Originally posted by jessejamesxx

Originally posted by apacheman
reply to post by jessejamesxx

 

It is what the protests are about.

Hard to see why people don't understand that.

If you ask the 99%, it's about how they can't pay for school, and how the government should give them a free ride.

There isn't a large "end the fed" movement in the protests, it's about Wallstreet. Wallstreet isn't directly related to the banks taking bailouts, and the FED dishing out all of our money.

The reason it's hard for people to understand, is because the protests, from an outsiders point of view, have been taken over by an extreme leftist view. They hate RP.

Funny, when I was down there(I'm in NY) I don't remember anyone telling me they hated ron paul. didn't see any "I hate ron paul" signs, or anti-paul chants either. there are plants/shills TRYING to co-opt this thing, but they have largely failed. if you see some of 'em on TV, well, that's by design. shills and corporate media are working together to bring the whole thing down.

They will fail.

Originally posted by dragonseeker

Funny, when I was down there(I'm in NY) I don't remember anyone telling me they hated ron paul. didn't see any "I hate ron paul" signs, or anti-paul chants either. there are plants/shills TRYING to co-opt this thing, but they have largely failed. if you see some of 'em on TV, well, that's by design. shills and corporate media are working together to bring the whole thing down.

They will fail.

When they realize the failure of trying to co opt it, they will simply cause violence and end it with martial law.

They may call it something else, but the people with some brain cells left will see it for what it is. Doesn't mean they'll do anything to stop it.

reply to post by 0zzymand0s

Why is this in breaking news? Dateline is July 21st, and I've had this report rattling around my hard drive for a long while now.

Tip: The date at the top of Sanders's page is today's date. You have to move your eyeballs down to see the actual dateline of the press release.

Hard to fight facts. We need more data like this. I think reason will triumph over oppression.

Of course OWS is taliking about student loans. Why does a bank who can't pay it's bills get a huge loan at near zero interest but graduates can't get the same deal for their student loans? If you're really against these "lazy" kids getting help you should also be right there protesting the banks getting that help. Perhaps the bankers should "just get another job" to pay their bills as well.

TARP gave enough money to banks to cover all their bad debt on all their books, but they have the nerve to keep asking for more. Imagine the news if OWS was asking to have their debt payed plus give them hundreds of thousands each on top. Why do the rich keep getting money after money? Why can't they just get jobs like everyone else? Talk about a system of relying on assistance.

reply to post by Misoir


This single statement deserves a thread all on it's own. I have a family of five so that means my share would have been $259,113!!!!!

This is a slap in the face to all Americans. It also means everything these politicians say is crap. It also means the final implosion is near. No way that float can be maintained and no way the lies can be hidden any longer.

Originally posted by apacheman
reply to post by jessejamesxx

 

It is what the protests are about.


Hard to see why people don't understand that.

No, the OWS is not about stopping these bailouts...it is about these people getting their own free bailouts themselves. We saw the same thing with every person who voted for Obama thinking he was going to pay them well, give them a house etc for their vote...

This is why the mayority of the OWS are leftwingers, alongside anarchists.

Hell it was thanks to the progressive movement that we got to this point. They handed every human being's behind to the rich socialist elites through a central bank, and now new generations of ignorant people want to give even more power to the government, and more power to control our lives, and they are so clueless that these people can't understand what this means.

And people wonder why there is an Occupy Wallstreet Movement? These numbers don't include the domestic bank's that were given sweet deals by the fed either. Numbers this big are truely mind boggling.

Originally posted by beanandginger
reply to post by Misoir

 

This single statement deserves a thread all on it's own. I have a family of five so that means my share would have been $259,113!!!!!

This is a slap in the face to all Americans. It also means everything these politicians say is crap. It also means the final implosion is near. No way that float can be maintained and no way the lies can be hidden any longer.

Congratulations !

You are among Obama's $250,000 club !

Now tell us, could you have REALLY done a better job in your life with that?
The bureaucrats say of course not

Not only did we lose out on the principal they gave away, we now must repay it all with interest


Where is J G Wentworth when we need him?

Originally posted by phishyblankwaters
reply to post by Misoir

 

Nice job FED, let the American people become homeless and give all that money to other banks for free.

Funny to think that when they print new US dollars they don't give the Us government a Zero percent interest deal. how can anyone support this system of robbing the poor to give bonuses to the rich? I mean, sure, in the short run some well placed people stand to make ungodly sums of money, but in the long run you can look forward to:

Depression (financial and emotional)
Increase in crime (poor people still need to eat)
Increase in homeless (banks aren't making it any easier to pay your bills)
Loss of gross national income (can't pay much taxes when you are bankrupt)

and quite possibly the scariest prospect of all:

The downfall of the United States of America as a super power and important player internationally. The US is being gutted and you can clearly see where the assets are heading.

It almost makes my head implode. financial crisis, people losing their jobs and homes, and the government pays out to the people who caused the problem in the first place, which solves NOTHING, banks still failed, people are still homeless, the economy is still in the crapper.


But, if those bailouts went to the people who needed them, the home owners, well, someone else beat me to the punch, a golden age.

It reminds me of reading about the money spent of WW2 and how that could have provided a home, no mortgage required, for every American, could have built new schools, could have provided free college education, could have provided free dental care.

But at least that money was spent on something that needed to be done, saving the world from Nazism and creating a bulkhead against Communism.

This money was spent to line the pockets of the very people who create the problem, and when I say created, I mean to say this is EXACTLY what they intended to do. The big players that caused this mess are still standing, got government bailouts, and were able to buy up their competition for pennies on the dollar.

edit on 18-10-2011 by phishyblankwaters because: (no reason given)

YOU ARE SOOOOOOO CORRECT............

this IS Absolutely what "they" planned...

reply to post by 0zzymand0s


This isn't really new. I read it months ago, pretty sure I got the link from ATS. The message on the .gov site is listed as July 21, 2011.

But its always good if people that haven't seen it previously do.

End the fed.

reply to post by 0zzymand0s


Uh huh, and the GOP want's to cry rivers of tears about how socialism is a bad thing, unless it's going to them.

And, still on this website of supposed deny ignorance, I see people advocating for Ron Paul. Are you people still PRETENDING that voting does ANY GOOD?

VOTING is a FRAUD these days. No matter who ends up in office, they are corrupted in the first effin week. Chances are that by the time they even get far enough to run for office of the president they are bought and paid for by.... the corporate conglomerate and the 1%.

If, after EVERYTHING over the past 20+ years, you people still don't get that, you probably never will. Go drink some more cool-aid cause it's all you've got left.

Originally posted by beanandginger
reply to post by Misoir

 

No way that float can be maintained and no way the lies can be hidden any longer.

I hate to say it, I sure hate to say it, but I think your wrong. I think people will very easily continue to be "brainwashed" and will continue to support the corporatocracy.

I predict that in the next 8 years, this exact "same shame" crap will be going on with the middle and low income group still struggling and worse off than they are today. EVEN IF, by some strange miracle you RP supporters get RP into office. If that happens I will be happy for you, as maybe that will be the slap in the face the rest of you need to finally get what is happening. This world has been allowed to be controlled by the corporatocracy. I fear it's too late to make any real changes other than monetary ones to "keep us drinking the cool-aid" and keeping us trying to rip each others throats out while the big money laughs at us.

Fine, how about this? I'll vote for RP, just to help push the train along the lines of proving it does NOT matter who is voted in as president of this ONCE great country.

I also promise not to come back here and say "I told you so"!

Do you want the red or the blue cool-aid?

Harm None
Peace

reply to post by mnmcandiez


You are right, and I apologize. I followed a link from a blog which talked about the full report being released on October 18th, and while I saw the date at the top of the .gov site, I missed the date below the headline. I apologize.

A couple of other things I discovered yesterday while researching this: According to 1 friend of mine who is an accountant in London, the actual number of total loans is probably smaller then 16 trillion. Here's why: say Bank A borrows 100 million on Monday for 24 hours. If they roll that loan over on Tuesday without paying, it now counts as 200 million per the accounting rules the GAO used. Is that true? I am probably the worlds worst accountant so I can't say 100%, though it does sound plausible when he explains it.

However -- it quickly becomes obvious that forces are playing with stupid amounts of money here, without much oversite, in clear conflict of interest, and that is what we should be focusing on, IMO.

Thank you (and the other guy who pointed out the date a few posts up).

Originally posted by EspyderMan

I usually call those people ignorant and blind. Listen to the movement not the media covering it, you shall have your answers.

I heard one of the protesters on the radio this morning. They were asked where they went poop... They said they use to use City Hall until it was stopped now they use the Library if not that they will find a BUSH...REALLY!..talk about a crappy protest!

Originally posted by vapor
Imagine the news if OWS was asking to have their debt payed plus give them hundreds of thousands each on top.

I think that is what they are asking for:

Demand eleven: Immediate across the board debt forgiveness for all. Debt forgiveness of sovereign debt, commercial loans, home mortgages, home equity loans, credit card debt, student loans and personal loans now! All debt must be stricken from the "Books." World Bank Loans to all Nations, Bank to Bank Debt and all Bonds and Margin Call Debt in the stock market including all Derivatives or Credit Default Swaps, all 65 trillion dollars of them must also be stricken from the "Books." And I don't mean debt that is in default, I mean all debt on the entire planet period.


Did something change?

16 Trillion!

Now that is a lot of fiat.

Originally posted by EspyderMan

Originally posted by apacheman
reply to post by jessejamesxx

 

It is what the protests are about.

Hard to see why people don't understand that.

People are easily fooled. The media writes "the movement has no voice, the movement has no purpose" and the sheeple regurgitate that in their writings and sayings while acting as though it was an independent thought.

I usually call those people ignorant and blind. Listen to the movement not the media covering it, you shall have your answers.

That's not true.I researched ows when it first started.Long before the media said anything my first post on the first ows thread showed that i found them to be without a solid message.Then came the union endorsements and the next day they had some long list of grievances.It looks now like they have a big black jack booted vetrern as their poster boy.It's definitely the weather vane movement.Where will the wind blow next?If they would just adopt the constitution then this would all be over very quick.

reply to post by 0zzymand0s


Our overall national debt is roughly $65.5 Trillion while the operating debt is $14.75 Trillion!