The Federal Reserve's 'breathtaking' $7.7 trillion bank bailout

reply to post by daynight42


Just remember that the FED does not create money out of nothing as the popular myth that they do claims which is now dissimulated throughout American political pop culture due to ignorance on who a reserve currency functions. That 7.7 trillion is mostly Mid-East oil money that was derived from crude oil being traded on the open market in U.S. Dollars. Money that was then deposited in the 12 member banks of the Federal Reserve System. So the economic energies are circulating within the economy that the 7.7 trillion in crude oil have produced. That is the 7.7 trillion is accounted for in the USD world economy, that every other currency relays on to function btw. The USD is simply an accounting system in other words.

If the FED simply created 7.7 trillion out of nothing the USD would be worth much less than it is now. What you have to understand is the causes for inflation are asset hording as seen in the gold market for example due to irrational fears that this myth in question produces :deregulated commodities speculation and OPEC.

The thing you should be really mad about is that the Federal Reserve did this without any congressional oversight or approval. They gave 14 trillion dollars away without anyone in our government watching or knowing of their actions.
Whatever, the banks already bought EVERY congress member already, it's not like it'd really matter.

Originally posted by LilDudeissocool
reply to post by daynight42

 

Just remember that the FED does not create money out of nothing...

I'll stop you right there. You're either a shill, or horribly wrong.

reply to post by Pervius



this is a fascinating view any evidence to back it up? I have never heard this before.

reply to post by daynight42


The protesters are right to protest but not to hurt anyone else. Hurting another little business guy is just as bad as stealing the money in the first place. What kind of mentality is that?? We need organized boycotts nation wide to one by one destroy the bankers and their political buddies. Reform isn't going to happen when they don't even have the right targets. The DC gang ( both Bush and Obama ) cooked this scheme and raped the people. They should all see jail time. Bush, Paulson, and Bernanke started this along with the nimrod that we have now. Can't blame the other crooks who got the peoples money without blaming the crooks who gave them the money. Still going on too.

reply to post by daynight42


Did you really think all that airplay they did on the media over the TARP bailout fund was the real thing?
If so I got some waterfront property in utah that will one day have a great view of the ocean...
The fed could only get 900 billion to go through the house and senate, and get signed off by the president. they had to put out a small sum to keep the slaves happy. Where do you thinkt he 15+ trillion really went?

So it shouldn't be a big surprise that the fed, and the goverment have LIED about the real amount.
I have a saying.

"All politicians Lie, an the best liar gets to be president".
The fed, big banks, and other goverement officials all knew the right amount.
They just LIED to the american people.

Nothing new..when it gets to a point that they believe there own lies, and falsehoods then you have a real problem.

Lets face it the US is BROKE, in fact were beyond broke. so far in the red that it would take several hundred years to pay off the $$$ which is debt.

There all lying.

One other thing, I was lucky to see the gold in Ft. Knox back in 1974.
Bet ya theres nothing in it now.
one more lie,on a string of lies.

Welcome to the real world were LIES are good and the truth is bad..

7.7 trillion? As in, 11 zero's?

Well, it's about high time America has paid back their debt to the bankers who created money for them out of thin air (1's and 0's). This ain't a "bailout" ...Its a "payback's a b**ch, ain't it?" deal..

Oh well. Good luck, We're Number 1's!

No need to reply to this, i'm done laughing and read enough to get sick.

reply to post by LilDudeissocool


Is this the reason that the powers to be will not let this federation become energy independent?

I understand that the president of USA nominates the Fed's seven board members and the Senate confirms the recommendations of the president. If this is correct then what we have is a presidential blunder which has no check or balance if the senate is in his back pocket. The senate was not in Bush's back pocket but was and still is in Obama's back pocket.

I also understand that the seven member board of the Fed can not be fired till their term of four years is up. Am I correct in that understanding? I can only find five board members listed on internet -- Three women and two men -- Wonder why? Another question is - are board of governors same as board members?

Very little is said about these board members but all are hot shot bankers -- I have read where JFK wanted to do away with the FED but was murdered before that came into play. It all seems to be tied into big oil and our energy independence. Obama is following the same path as all of the other big oil guys. Is there any truth in this??

reply to post by Seede


This is pretty off-topic to the discussion at hand - the loaning of $7,700,000,000,000.00 of US taxpayer's money to banking institutions. Then over the course of these last three years, these same corporations have had the balls to justify their psychopathic practices (raising interest, witholding loans, causing joblessness that has not been seen since the great depression, etc) under the guise of "the bad economy" just to fatten their own wallets -- is what's being discussed.

Yes, Obama and all of our elected officials should be on-trial for criminal negligence, at best, and the financial institutions that willingly took part in these dealings need to be torn down, rebuilt and those who were complacent in this gross injustice held accountable as traitors to their country's men, women and children.

The amount of money borrowed does not matter because they know what is coming very soon to mother earth and they are using all the money sucked out of the system to attempt to prepare for it. They can try to prepare all they want and the more they try just means when the day comes they will be judged that much more harsh. The universe is telling all of us something but not enough people are listening so the time to start over is right around the corner.

reply to post by brussell


Sadly this type of perspective will just allow for this issue to progress unchecked. Stating that some mythical, and abstract entity as the cause for this behavior, just gives the psychopaths the grounds to do what they do. I just had to end a conversation on this subject with a 60yr old friend who's a devout christian and constantly justified his hardships on being god's choice. News Flash - he's been unemployed for 2 years, and it' not because god's giant plan dictated it, but the bankers have stopped financing commercial projects which has put a lot of the design/architecture/construction industries out of work and people can't spend as much so retail jobs are drying up.

Originally posted by Eye of Horus


One other thing, I was lucky to see the gold in Ft. Knox back in 1974.
Bet ya theres nothing in it now.
one more lie,on a string of lies.

There is none.

no gold

This should not surprise ANYONE who is on ATS.

The Central Banking Cartels - owned through partnership with the Rothschilds & Bank of England control the worlds finances and OWN the political puppets in the "Governments" of the Industrialized nations.

Its not conspiracy when its being done.

Its not even hidden these days, most of the public is just kept ignorant on just about every level regarding Truth that they are now complacent & passive and just keep repeating the same thing over and over thinking they are free

Its not that people don't care. All you people on here talking about, "well all the people watching tv and blah blah" are the same ones sitting on the sofa watching tv. what are you going to do about it? Who here is going to restructure the world economy? Anyone? Any volunteers?

Who wants to go live in a tent for two months and have a drum circle while ingesting illegal drugs and call it a protest? Yes that's much better than watching a TV show.

Originally posted by texas thinker
reply to post by randomname

 

Also heard today that while our economy was tanking in '08 that we sent 1.3 trillion or so to European Union to bail them out.

Do you think that might've been because they were in trouble because of what the US banks had been upto ?

reply to post by daynight42


You betcha this will fly under the radar! The name of the game is education, if you control the information sources people use to educate themselves, then you've got the gold ticket (and they've not got a chance).

People already check most of their news on the internet nowadays, the computer has already replaced the newspaper (save for the Sunday comics); the problem is merely getting the populace to realize that they're being lied to (and so give them reason to check alternative news). Because if they did, I would imagine most of America would be up in arms over this.

Most people already know 'the news' is bad (most people will tell you the most common excuse: "they are driven by ratings and that is the reason for all of the doom and gloom"). Most people just don't understand the scale of how bad it is.

reply to post by daynight42


You betcha this will fly under the radar! The name of the game is education, if you control the information sources people use to educate themselves, then you've got the gold ticket (and they've not got a chance).

People already check most of their news on the internet nowadays, the computer has already replaced the newspaper (save for the Sunday comics); the problem is merely getting the populace to realize that they're being lied to (and so give them reason to check alternative news). Because if they did, I would imagine most of America would be up in arms over this.

Most people already know 'the news' is bad (most people will tell you the most common excuse: "they are driven by ratings and that is the reason for all of the doom and gloom"). Most people just don't understand the scale of how bad it is.

reply to post by daynight42


Conspiracy Nuts and Conspiracy Theories

"In politics, nothing happens by accident. If it happens, you can bet it was planned that way." - Franklin D. Roosevelt

“Since I entered politics, I have chiefly had men's views confided to me privately. Some of the biggest men in the United States —in the fields of commerce and manufacturing—are afraid of somebody. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive, that they had better not speak above their breath when they speak in condemnation of it.” - Woodrow Wilson

“A financial element in the large centers has owned the government since the days of Andrew Jackson.” - Franklin Roosevelt

“We are on the verge of a global transformation. All we need is the right major crisis and the nations will accept the New World Order.” - David Rockefeller

“We can't be so fixated on our desire to preserve the rights of ordinary Americans.” - Bill Clinton

“Today, America would be outraged if UN troops entered Los Angeles to restore order. Tomorrow they will be grateful! This is especially true if they were told that there was an outside threat from beyond, whether real or promulgated, that threatened our very existence. It is then that all people of the world will plead to deliver them from this evil. The one thing every man fears is the unknown. When presented with this scenario, individual rights will be willingly relinquished for the guarantee of their well-being granted to them by the world government.” - Henry Kissinger (Bilderburg Conference 1991 Evians, France)

“Naturally the common people don't want war…but after all, it is the leaders of the country who determine policy, and it is always a simple matter to drag the people along, whether it is a democracy, or a fascist dictatorship, or a parliament, or a communist dictatorship…all you have to do is to tell them they are being attacked, and denounce the pacifists for lack of patriotism and exposing the country to danger. It works the same way in any country.” Herman Goering ( One of Hitler's top men, during the Nuremberg Trials)

The individual is handicapped by coming face to face with a conspiracy so monstrous he cannot believe it exists. - Edgar J Hoover

We must strengthen the United Nations as a first step toward a World Government, patterned after our Own Government with a legislature, executive and judiciary and police. - Walter Cronkite

There is a power so organized, so subtle, so complete, and so pervasive, that they had better not speak above their breath when they speak in condemnation of it." - Woodrow Wilson

Despite these warnings, Woodrow Wilson signed the 1913 Federal Reserve Act. A few years later he wrote: I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men. - Woodrow Wilson

By the time you become the leader of a country, someone else makes all the decisions. You may find you can get away with Virtual Presidents, Virtual Prime Ministers, and Virtual Everything. - Bill Clinton

The easiest way to gain control of the population is to carry out acts of terror. The public will clamor for such laws if the personal security is threatened. - Joseph Stalin

When the Government fears the people, there is Liberty . When the people fear the Government there is Tyranny. - Unknown

The real rulers of Washington are Invisible and exercise power from behind the scenes. - Justice Felix Frankfurter - US Supreme Court Justice

The real menace of our Republic is the invisible Government which like a giant Octopus, sprawls its slimy legs over our cities, states, and nation. - John F. Hylan - Mayor NYC 1918-1925

The real truth of the matter is, as you and I know that a financial element in the large centers has OWNED the Government of the U.S. since the days of Andrew Jackson." (History points to the last truly honorable and incorruptible American President as "Old Hickory") - FDR to Col. E. Mandell House 11/21/1933

"Give me control of a Nation's money and I care not who makes the laws." - Mayer Amschel Bauer (Rothschild)

"The meaning of peace is the absence of opposition to socialism." - Karl Marx

"The Trilateralist Commission is international ...(and)...is intended to be the vehicle for multinational consolidation of the commercial and banking interests by seizing CONTROL of the political government of the United

Originally posted by Ghost375
The thing you should be really mad about is that the Federal Reserve did this without any congressional oversight or approval. They gave 14 trillion dollars away without anyone in our government watching or knowing of their actions.
Whatever, the banks already bought EVERY congress member already, it's not like it'd really matter.

They are a PRIVATE central bank owned by its 12 member banks 80% thereof, and those are owned by their bond depositors, CDs. The big depositors are then deemed partners in the member bank usually oil men and OPEC nations. The U.S. has only 20% ownership of the "charter," but not the banks themselves who own 100% through bank bonds of the FED. The money we carry around are simply IOU's a promise to pay these depositors back with interest on their bonds. That's the only area that can create monetary inflation, but nominal at best. The rest is caused from deregulated speculation of commodities :supply restrictions :hoarding and the like.

The U.S. Congress is powerless to do anything regarding the FED. It's what even congressmen like Ron Paul fail to understand. The only thing the USG can do is revoke their charter, and nothing more when the opportunity arises again.


Ummmm so they don't have to buy congress, but they do to insure the "charter."

Originally posted by Seede
reply to post by LilDudeissocool

 

Is this the reason that the powers to be will not let this federation become energy independent?

Yes. very good. You get it.

Originally posted by SeedeI understand that the president of USA nominates the Fed's seven board members and the Senate confirms the recommendations of the president. If this is correct then what we have is a presidential blunder which has no check or balance if the senate is in his back pocket. The senate was not in Bush's back pocket but was and still is in Obama's back pocket.

Oilmen put U.S. presidents and senators into office. Oilmen who some are oil sheiks are usually major depositors in the member banks of the FED. They pick the FED chairman behind to scenes.

Originally posted by SeedeI also understand that the seven member board of the Fed can not be fired till their term of four years is up. Am I correct in that understanding? I can only find five board members listed on internet -- Three women and two men -- Wonder why? Another question is - are board of governors same as board members?

> They can be pressured to resign though if the major depositors don't dig what they recommend as FED policy to the chairman.

> They are all listed. Post which ones you have found listed, and I'll post links to the others.

Originally posted by SeedeVery little is said about these board members but all are hot shot bankers -- I have read where JFK wanted to do away with the FED but was murdered before that came into play. It all seems to be tied into big oil and our energy independence. Obama is following the same path as all of the other big oil guys. Is there any truth in this??

> Those "hot shot bankers" are simply kiss a$$ pawns of oil men; merely messenger boys and gals dispatched by oil men to do their bidding.

> A U.S. President is powerless to get rid of the FED on his/her own. Only if the President does not sign for the renewal of the charter after passing the Senate. It did not come up for renewal nor would it had during JFK's term. I think you mean he was in favor of reintroducing greenbacks that compete with Reserve notes, IOU's that back the bank bonds that are purchased in the form of certificates of deposits. Greenbacks are issued by the U.S. Treasury backed by U.S. savings bonds circumventing, or bypassing rather, the FED's monopoly on U.S. currency that depends on crude being traded on the open market in exchange for USD's in order to create sufficient upstream demands for FED reserve notes as everything depends on crude oil to function way way or another. In other words such acts undermine upstream demand pressures for the USD thus causing the depositors to lose power of position eventually wealth with such a competing currency system within the same USD economy which is, global mind you.


> Yes, much truth. Seems you might know more about this subject than I do.