posted on Nov, 30 2011 @ 04:06 AM
I read the Bloomberg article, they mention bank assets numerous times. These assets , could they be all the foreclosed homes in the United states ?
Is this why almost every applicant is denied for these home rescue programs by U.S banks. I.e. banks would need the properties to pledge as
collateral for the Federal Reserve Loans. There has to more assets these banks pledged for these loans here in the U.S. the homes are still not
enough to cover this. Did they pledge future customer deposits as well. I don't think the Big bank bailout plan is finished yet, 7.7 trillion is
allot to pay back. I'm sure we are still being lied to as in the big banks paid it all back. I'm sure there will be more hardships for all Americans
to come in the near future because there is no way they paid all the money back. Unless they were getting 50 percent return on the dollars, and they
still come up short.
This might explain why the fund managers of a cretin retirement fund can not explain where 3 plus million dollars went in my state, and the other
millions that have gone missing. Not to mention a number of other states are in this same position. In my state NM there telling educators they have
to work for 35 years to be eligible for retirement now. The ones retiring now will not get any cost of living increases for 6 or 7 years. How many
other states is this happening in? Retirement funds are drying up in all the 50 states. yet. these big banks are in 13 billion in profits to boot.
I also noticed every politician including Barney Frank one of the prime suspects in the collapse of this nation stated in the article. " I new
northing about the secret loans from the Fed" Now he is announcing his retirement. I don't think this is by coincidence people, I think he's
Also Anyone notice Barney Frank announced he is retiring to today,
Barney Frank Retiring
I fear a revaluation is coming soon to America. I'm very sure this is what the Fed had in mind, and why they wanted this kept secret.
edit on 30-11-2011 by SJE98 because: (no reason given)