Home › Forums › Financial Markets/Economics › The plot thickens….Confirmed.. Fed Reserve Strongarmed BofA …
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June 10, 2009 at 5:57 PM #414080June 10, 2009 at 6:56 PM #413418partypupParticipant
[quote=Arraya]I told you Allan, shake up at the Fed coming;) This is huge.[/quote]
I wonder, Arraya, what other secrets will be revealed as the Greatest Unravelling begins in earnest? Think about it. There is an entire shadow government that depends on virtually limitless funds pouring into its coffers on a continuous basis to support wars, covert operations, Plunge Protection Team shenanigans, etc. Once the dollar decline begins to accelerate and the federal government can no longer sustain all of its operations, minions and their operations will begin to be shed and tossed into the cold. There is literally not enough money now to feed all the mouths that have kept quite for years to enable the massive fraud known as the U.S. economy.
And now the whistleblowing will begin…
“Fed Would Be Shut Down If It Were Audited, Expert Says”
“The Federal Reserve’s balance sheet is so out of whack that the central bank would be shut down if subjected to a conventional audit, Jim Grant, editor of Grant’s Interest Rate Observer, told CNBC.
With $45 billion in capital and $2.1 trillion in assets, the central bank would not withstand the scrutiny normally afforded other institutions, Grant said in a live interview.
“If the Fed examiners were set upon the Fed’s own documents—unlabeled documents—to pass judgment on the Fed’s capacity to survive the difficulties it faces in credit, it would shut this institution down,” he said. “The Fed is undercapitalized in a way that Citicorp is undercapitalized.”
http://www.cnbc.com//id/31204170
And what do you know? The Senate is now considering a Fed audit!
http://www.youtube.com/watch?v=UlXUFlQIUBA
So how does the Fed respond? Why, by hiring a former Enron lobbyist to “improve” its image and stave off an audit, of course.
http://www.huffingtonpost.com/2009/06/05/fed-hires-lobbyist-to-imp_n_211839.html
The crooks at the top are starting to get nervous…
June 10, 2009 at 6:56 PM #413655partypupParticipant[quote=Arraya]I told you Allan, shake up at the Fed coming;) This is huge.[/quote]
I wonder, Arraya, what other secrets will be revealed as the Greatest Unravelling begins in earnest? Think about it. There is an entire shadow government that depends on virtually limitless funds pouring into its coffers on a continuous basis to support wars, covert operations, Plunge Protection Team shenanigans, etc. Once the dollar decline begins to accelerate and the federal government can no longer sustain all of its operations, minions and their operations will begin to be shed and tossed into the cold. There is literally not enough money now to feed all the mouths that have kept quite for years to enable the massive fraud known as the U.S. economy.
And now the whistleblowing will begin…
“Fed Would Be Shut Down If It Were Audited, Expert Says”
“The Federal Reserve’s balance sheet is so out of whack that the central bank would be shut down if subjected to a conventional audit, Jim Grant, editor of Grant’s Interest Rate Observer, told CNBC.
With $45 billion in capital and $2.1 trillion in assets, the central bank would not withstand the scrutiny normally afforded other institutions, Grant said in a live interview.
“If the Fed examiners were set upon the Fed’s own documents—unlabeled documents—to pass judgment on the Fed’s capacity to survive the difficulties it faces in credit, it would shut this institution down,” he said. “The Fed is undercapitalized in a way that Citicorp is undercapitalized.”
http://www.cnbc.com//id/31204170
And what do you know? The Senate is now considering a Fed audit!
http://www.youtube.com/watch?v=UlXUFlQIUBA
So how does the Fed respond? Why, by hiring a former Enron lobbyist to “improve” its image and stave off an audit, of course.
http://www.huffingtonpost.com/2009/06/05/fed-hires-lobbyist-to-imp_n_211839.html
The crooks at the top are starting to get nervous…
June 10, 2009 at 6:56 PM #413904partypupParticipant[quote=Arraya]I told you Allan, shake up at the Fed coming;) This is huge.[/quote]
I wonder, Arraya, what other secrets will be revealed as the Greatest Unravelling begins in earnest? Think about it. There is an entire shadow government that depends on virtually limitless funds pouring into its coffers on a continuous basis to support wars, covert operations, Plunge Protection Team shenanigans, etc. Once the dollar decline begins to accelerate and the federal government can no longer sustain all of its operations, minions and their operations will begin to be shed and tossed into the cold. There is literally not enough money now to feed all the mouths that have kept quite for years to enable the massive fraud known as the U.S. economy.
And now the whistleblowing will begin…
“Fed Would Be Shut Down If It Were Audited, Expert Says”
“The Federal Reserve’s balance sheet is so out of whack that the central bank would be shut down if subjected to a conventional audit, Jim Grant, editor of Grant’s Interest Rate Observer, told CNBC.
With $45 billion in capital and $2.1 trillion in assets, the central bank would not withstand the scrutiny normally afforded other institutions, Grant said in a live interview.
“If the Fed examiners were set upon the Fed’s own documents—unlabeled documents—to pass judgment on the Fed’s capacity to survive the difficulties it faces in credit, it would shut this institution down,” he said. “The Fed is undercapitalized in a way that Citicorp is undercapitalized.”
http://www.cnbc.com//id/31204170
And what do you know? The Senate is now considering a Fed audit!
http://www.youtube.com/watch?v=UlXUFlQIUBA
So how does the Fed respond? Why, by hiring a former Enron lobbyist to “improve” its image and stave off an audit, of course.
http://www.huffingtonpost.com/2009/06/05/fed-hires-lobbyist-to-imp_n_211839.html
The crooks at the top are starting to get nervous…
June 10, 2009 at 6:56 PM #413973partypupParticipant[quote=Arraya]I told you Allan, shake up at the Fed coming;) This is huge.[/quote]
I wonder, Arraya, what other secrets will be revealed as the Greatest Unravelling begins in earnest? Think about it. There is an entire shadow government that depends on virtually limitless funds pouring into its coffers on a continuous basis to support wars, covert operations, Plunge Protection Team shenanigans, etc. Once the dollar decline begins to accelerate and the federal government can no longer sustain all of its operations, minions and their operations will begin to be shed and tossed into the cold. There is literally not enough money now to feed all the mouths that have kept quite for years to enable the massive fraud known as the U.S. economy.
And now the whistleblowing will begin…
“Fed Would Be Shut Down If It Were Audited, Expert Says”
“The Federal Reserve’s balance sheet is so out of whack that the central bank would be shut down if subjected to a conventional audit, Jim Grant, editor of Grant’s Interest Rate Observer, told CNBC.
With $45 billion in capital and $2.1 trillion in assets, the central bank would not withstand the scrutiny normally afforded other institutions, Grant said in a live interview.
“If the Fed examiners were set upon the Fed’s own documents—unlabeled documents—to pass judgment on the Fed’s capacity to survive the difficulties it faces in credit, it would shut this institution down,” he said. “The Fed is undercapitalized in a way that Citicorp is undercapitalized.”
http://www.cnbc.com//id/31204170
And what do you know? The Senate is now considering a Fed audit!
http://www.youtube.com/watch?v=UlXUFlQIUBA
So how does the Fed respond? Why, by hiring a former Enron lobbyist to “improve” its image and stave off an audit, of course.
http://www.huffingtonpost.com/2009/06/05/fed-hires-lobbyist-to-imp_n_211839.html
The crooks at the top are starting to get nervous…
June 10, 2009 at 6:56 PM #414125partypupParticipant[quote=Arraya]I told you Allan, shake up at the Fed coming;) This is huge.[/quote]
I wonder, Arraya, what other secrets will be revealed as the Greatest Unravelling begins in earnest? Think about it. There is an entire shadow government that depends on virtually limitless funds pouring into its coffers on a continuous basis to support wars, covert operations, Plunge Protection Team shenanigans, etc. Once the dollar decline begins to accelerate and the federal government can no longer sustain all of its operations, minions and their operations will begin to be shed and tossed into the cold. There is literally not enough money now to feed all the mouths that have kept quite for years to enable the massive fraud known as the U.S. economy.
And now the whistleblowing will begin…
“Fed Would Be Shut Down If It Were Audited, Expert Says”
“The Federal Reserve’s balance sheet is so out of whack that the central bank would be shut down if subjected to a conventional audit, Jim Grant, editor of Grant’s Interest Rate Observer, told CNBC.
With $45 billion in capital and $2.1 trillion in assets, the central bank would not withstand the scrutiny normally afforded other institutions, Grant said in a live interview.
“If the Fed examiners were set upon the Fed’s own documents—unlabeled documents—to pass judgment on the Fed’s capacity to survive the difficulties it faces in credit, it would shut this institution down,” he said. “The Fed is undercapitalized in a way that Citicorp is undercapitalized.”
http://www.cnbc.com//id/31204170
And what do you know? The Senate is now considering a Fed audit!
http://www.youtube.com/watch?v=UlXUFlQIUBA
So how does the Fed respond? Why, by hiring a former Enron lobbyist to “improve” its image and stave off an audit, of course.
http://www.huffingtonpost.com/2009/06/05/fed-hires-lobbyist-to-imp_n_211839.html
The crooks at the top are starting to get nervous…
June 10, 2009 at 6:56 PM #413413ArrayaParticipantChecks and balances? That is funny…
The Ruling Party has a ‘Rightie’ warming up in the wings as we speak, to make the Sheeple see ‘change’ from the fake change of the ‘O’ man.
June 10, 2009 at 6:56 PM #413650ArrayaParticipantChecks and balances? That is funny…
The Ruling Party has a ‘Rightie’ warming up in the wings as we speak, to make the Sheeple see ‘change’ from the fake change of the ‘O’ man.
June 10, 2009 at 6:56 PM #413899ArrayaParticipantChecks and balances? That is funny…
The Ruling Party has a ‘Rightie’ warming up in the wings as we speak, to make the Sheeple see ‘change’ from the fake change of the ‘O’ man.
June 10, 2009 at 6:56 PM #413968ArrayaParticipantChecks and balances? That is funny…
The Ruling Party has a ‘Rightie’ warming up in the wings as we speak, to make the Sheeple see ‘change’ from the fake change of the ‘O’ man.
June 10, 2009 at 6:56 PM #414120ArrayaParticipantChecks and balances? That is funny…
The Ruling Party has a ‘Rightie’ warming up in the wings as we speak, to make the Sheeple see ‘change’ from the fake change of the ‘O’ man.
June 10, 2009 at 7:03 PM #413428Allan from FallbrookParticipantPartypup: It’s not crackpots that are now shouting about this, either, it’s well respected folks like Jim Grant who are pointing out what is now becoming painfully obvious: The US is insolvent, our financial system is broken beyond repair and we’re resorting to all sorts of chicanery to keep this house of cards propped up.
Now the question becomes: Will the media function as a true watchdog and bring the truth to light, or will they join Obama in a massive spin campaign to obfuscate the facts or downplay the significance of all of this?
I mean, Jesus! We are watching the systematic and systemic dismantling of the entire United States and we’re completely passive about it. I read an article today about the rise of the Right and Far Right in Europe and the parallels to the 1930s are chilling.
June 10, 2009 at 7:03 PM #413664Allan from FallbrookParticipantPartypup: It’s not crackpots that are now shouting about this, either, it’s well respected folks like Jim Grant who are pointing out what is now becoming painfully obvious: The US is insolvent, our financial system is broken beyond repair and we’re resorting to all sorts of chicanery to keep this house of cards propped up.
Now the question becomes: Will the media function as a true watchdog and bring the truth to light, or will they join Obama in a massive spin campaign to obfuscate the facts or downplay the significance of all of this?
I mean, Jesus! We are watching the systematic and systemic dismantling of the entire United States and we’re completely passive about it. I read an article today about the rise of the Right and Far Right in Europe and the parallels to the 1930s are chilling.
June 10, 2009 at 7:03 PM #413914Allan from FallbrookParticipantPartypup: It’s not crackpots that are now shouting about this, either, it’s well respected folks like Jim Grant who are pointing out what is now becoming painfully obvious: The US is insolvent, our financial system is broken beyond repair and we’re resorting to all sorts of chicanery to keep this house of cards propped up.
Now the question becomes: Will the media function as a true watchdog and bring the truth to light, or will they join Obama in a massive spin campaign to obfuscate the facts or downplay the significance of all of this?
I mean, Jesus! We are watching the systematic and systemic dismantling of the entire United States and we’re completely passive about it. I read an article today about the rise of the Right and Far Right in Europe and the parallels to the 1930s are chilling.
June 10, 2009 at 7:03 PM #413983Allan from FallbrookParticipantPartypup: It’s not crackpots that are now shouting about this, either, it’s well respected folks like Jim Grant who are pointing out what is now becoming painfully obvious: The US is insolvent, our financial system is broken beyond repair and we’re resorting to all sorts of chicanery to keep this house of cards propped up.
Now the question becomes: Will the media function as a true watchdog and bring the truth to light, or will they join Obama in a massive spin campaign to obfuscate the facts or downplay the significance of all of this?
I mean, Jesus! We are watching the systematic and systemic dismantling of the entire United States and we’re completely passive about it. I read an article today about the rise of the Right and Far Right in Europe and the parallels to the 1930s are chilling.
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