The plot thickens….Confirmed.. Fed Reserve Strongarmed BofA …

[Allan from Fallbrook]

Partypup: 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.

[ralphfurley]

[quote=flu]
Notice Obama/Geitner is now backing off the wall street executive pay cap….Like I said before….All it’s going to do is create a vacuum of top talent from tarp-controlled banks to banks that aren’t tarp controlled. Goldman,AXP,others already clearly signaled they aren’t going to cap comps (nor should they), and clearly they’re exitting tarp as fast as possible. Now you’ll get a bunch of B,C,D,F star employees running Citibank,BAC, AIG,etc, after all the A players jump ship for more money at non-tarp firms…[/quote]
All those “A” ranked employees sure did a bang-up job so far. Let’s reward all the guys that created this financial holocaust. After all, they are the ones that are going to save us.

[quote=flu]
Sigh….
I really hope we get back to a government with more checks and balances. 3.54999 more years of this administration. 3.54999 years…
[/quote]
If the previous administration had not run the country into the ground, all these socialist ideas would not have seen the light of day.

And I could be mistaken, but didn’t the arm-twisting between the Fed and BofA take place during the previous administration? Wasn’t it the previous administration that forced us to fork over $350 billion dollars that disappeared into thin air? Where’s the accountability?

Don’t make it sound like all the shenanigans started this year. Nothing will change until we abolish the fed.

[ralphfurley]

[quote=flu]
Notice Obama/Geitner is now backing off the wall street executive pay cap….Like I said before….All it’s going to do is create a vacuum of top talent from tarp-controlled banks to banks that aren’t tarp controlled. Goldman,AXP,others already clearly signaled they aren’t going to cap comps (nor should they), and clearly they’re exitting tarp as fast as possible. Now you’ll get a bunch of B,C,D,F star employees running Citibank,BAC, AIG,etc, after all the A players jump ship for more money at non-tarp firms…[/quote]
All those “A” ranked employees sure did a bang-up job so far. Let’s reward all the guys that created this financial holocaust. After all, they are the ones that are going to save us.

[quote=flu]
Sigh….
I really hope we get back to a government with more checks and balances. 3.54999 more years of this administration. 3.54999 years…
[/quote]
If the previous administration had not run the country into the ground, all these socialist ideas would not have seen the light of day.

And I could be mistaken, but didn’t the arm-twisting between the Fed and BofA take place during the previous administration? Wasn’t it the previous administration that forced us to fork over $350 billion dollars that disappeared into thin air? Where’s the accountability?

Don’t make it sound like all the shenanigans started this year. Nothing will change until we abolish the fed.

[ralphfurley]

[quote=flu]
Notice Obama/Geitner is now backing off the wall street executive pay cap….Like I said before….All it’s going to do is create a vacuum of top talent from tarp-controlled banks to banks that aren’t tarp controlled. Goldman,AXP,others already clearly signaled they aren’t going to cap comps (nor should they), and clearly they’re exitting tarp as fast as possible. Now you’ll get a bunch of B,C,D,F star employees running Citibank,BAC, AIG,etc, after all the A players jump ship for more money at non-tarp firms…[/quote]
All those “A” ranked employees sure did a bang-up job so far. Let’s reward all the guys that created this financial holocaust. After all, they are the ones that are going to save us.

[quote=flu]
Sigh….
I really hope we get back to a government with more checks and balances. 3.54999 more years of this administration. 3.54999 years…
[/quote]
If the previous administration had not run the country into the ground, all these socialist ideas would not have seen the light of day.

And I could be mistaken, but didn’t the arm-twisting between the Fed and BofA take place during the previous administration? Wasn’t it the previous administration that forced us to fork over $350 billion dollars that disappeared into thin air? Where’s the accountability?

Don’t make it sound like all the shenanigans started this year. Nothing will change until we abolish the fed.

[ralphfurley]

[quote=flu]
Notice Obama/Geitner is now backing off the wall street executive pay cap….Like I said before….All it’s going to do is create a vacuum of top talent from tarp-controlled banks to banks that aren’t tarp controlled. Goldman,AXP,others already clearly signaled they aren’t going to cap comps (nor should they), and clearly they’re exitting tarp as fast as possible. Now you’ll get a bunch of B,C,D,F star employees running Citibank,BAC, AIG,etc, after all the A players jump ship for more money at non-tarp firms…[/quote]
All those “A” ranked employees sure did a bang-up job so far. Let’s reward all the guys that created this financial holocaust. After all, they are the ones that are going to save us.

[quote=flu]
Sigh….
I really hope we get back to a government with more checks and balances. 3.54999 more years of this administration. 3.54999 years…
[/quote]
If the previous administration had not run the country into the ground, all these socialist ideas would not have seen the light of day.

And I could be mistaken, but didn’t the arm-twisting between the Fed and BofA take place during the previous administration? Wasn’t it the previous administration that forced us to fork over $350 billion dollars that disappeared into thin air? Where’s the accountability?

Don’t make it sound like all the shenanigans started this year. Nothing will change until we abolish the fed.

[ralphfurley]

[quote=flu]
Notice Obama/Geitner is now backing off the wall street executive pay cap….Like I said before….All it’s going to do is create a vacuum of top talent from tarp-controlled banks to banks that aren’t tarp controlled. Goldman,AXP,others already clearly signaled they aren’t going to cap comps (nor should they), and clearly they’re exitting tarp as fast as possible. Now you’ll get a bunch of B,C,D,F star employees running Citibank,BAC, AIG,etc, after all the A players jump ship for more money at non-tarp firms…[/quote]
All those “A” ranked employees sure did a bang-up job so far. Let’s reward all the guys that created this financial holocaust. After all, they are the ones that are going to save us.

[quote=flu]
Sigh….
I really hope we get back to a government with more checks and balances. 3.54999 more years of this administration. 3.54999 years…
[/quote]
If the previous administration had not run the country into the ground, all these socialist ideas would not have seen the light of day.

And I could be mistaken, but didn’t the arm-twisting between the Fed and BofA take place during the previous administration? Wasn’t it the previous administration that forced us to fork over $350 billion dollars that disappeared into thin air? Where’s the accountability?

Don’t make it sound like all the shenanigans started this year. Nothing will change until we abolish the fed.

[Arraya]

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

This political shake up coming will be biblical. The Federal Reserve Dollar is going down in the fall.

And the world is preparing…

Russia will reduce the share of U.S. Treasurys in its gold and foreign exchange reserves, the world’s third-largest, and buy bonds issued by the International Monetary Fund (IMF), a senior central bank official said on Wednesday.

Russia holds about 30 percent of the reserves, worth $404.2 billion, in U.S. Treasurys.

http://www.cnbc.com/id/31202790

[Arraya]

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

This political shake up coming will be biblical. The Federal Reserve Dollar is going down in the fall.

And the world is preparing…

Russia will reduce the share of U.S. Treasurys in its gold and foreign exchange reserves, the world’s third-largest, and buy bonds issued by the International Monetary Fund (IMF), a senior central bank official said on Wednesday.

Russia holds about 30 percent of the reserves, worth $404.2 billion, in U.S. Treasurys.

http://www.cnbc.com/id/31202790

[Arraya]

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

This political shake up coming will be biblical. The Federal Reserve Dollar is going down in the fall.

And the world is preparing…

Russia will reduce the share of U.S. Treasurys in its gold and foreign exchange reserves, the world’s third-largest, and buy bonds issued by the International Monetary Fund (IMF), a senior central bank official said on Wednesday.

Russia holds about 30 percent of the reserves, worth $404.2 billion, in U.S. Treasurys.

http://www.cnbc.com/id/31202790

[Arraya]

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

This political shake up coming will be biblical. The Federal Reserve Dollar is going down in the fall.

And the world is preparing…

Russia will reduce the share of U.S. Treasurys in its gold and foreign exchange reserves, the world’s third-largest, and buy bonds issued by the International Monetary Fund (IMF), a senior central bank official said on Wednesday.

Russia holds about 30 percent of the reserves, worth $404.2 billion, in U.S. Treasurys.

http://www.cnbc.com/id/31202790

[Arraya]

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

This political shake up coming will be biblical. The Federal Reserve Dollar is going down in the fall.

And the world is preparing…

Russia will reduce the share of U.S. Treasurys in its gold and foreign exchange reserves, the world’s third-largest, and buy bonds issued by the International Monetary Fund (IMF), a senior central bank official said on Wednesday.

Russia holds about 30 percent of the reserves, worth $404.2 billion, in U.S. Treasurys.

http://www.cnbc.com/id/31202790

[partypup]

[quote=ralphfurley]Don’t make it sound like all the shenanigans started this year. Nothing will change until we abolish the fed.[/quote]

I think most of us on this board agree with you, Ralph. The problem most certainly didn’t begin with Obama. But both he and Bush were selected by the Powers That Be to fulfill very specific and very different tasks: Bush was given the task of setting the U.S. economy up for implosion; Obama was given the task of finishing the job by “re-shaping” the U.S. under the guise of “change”. The Fed – the constant between ALL administrations – lends assistance to whichever administration is in office at the time that enables all of the appointed tasks to be completed.

And I most certainly agree with you: Nothing will change until we abolish the Fed.

[partypup]

[quote=ralphfurley]Don’t make it sound like all the shenanigans started this year. Nothing will change until we abolish the fed.[/quote]

I think most of us on this board agree with you, Ralph. The problem most certainly didn’t begin with Obama. But both he and Bush were selected by the Powers That Be to fulfill very specific and very different tasks: Bush was given the task of setting the U.S. economy up for implosion; Obama was given the task of finishing the job by “re-shaping” the U.S. under the guise of “change”. The Fed – the constant between ALL administrations – lends assistance to whichever administration is in office at the time that enables all of the appointed tasks to be completed.

And I most certainly agree with you: Nothing will change until we abolish the Fed.

[partypup]

[quote=ralphfurley]Don’t make it sound like all the shenanigans started this year. Nothing will change until we abolish the fed.[/quote]

I think most of us on this board agree with you, Ralph. The problem most certainly didn’t begin with Obama. But both he and Bush were selected by the Powers That Be to fulfill very specific and very different tasks: Bush was given the task of setting the U.S. economy up for implosion; Obama was given the task of finishing the job by “re-shaping” the U.S. under the guise of “change”. The Fed – the constant between ALL administrations – lends assistance to whichever administration is in office at the time that enables all of the appointed tasks to be completed.

And I most certainly agree with you: Nothing will change until we abolish the Fed.

[partypup]

[quote=ralphfurley]Don’t make it sound like all the shenanigans started this year. Nothing will change until we abolish the fed.[/quote]

I think most of us on this board agree with you, Ralph. The problem most certainly didn’t begin with Obama. But both he and Bush were selected by the Powers That Be to fulfill very specific and very different tasks: Bush was given the task of setting the U.S. economy up for implosion; Obama was given the task of finishing the job by “re-shaping” the U.S. under the guise of “change”. The Fed – the constant between ALL administrations – lends assistance to whichever administration is in office at the time that enables all of the appointed tasks to be completed.

And I most certainly agree with you: Nothing will change until we abolish the Fed.

[Author]

Posts