thoughts on reasons for FED and bank actions

[Diego Mamani]

It’s not FED. The correct name, an abbreviation really, is Fed. It’s short for Federal Reserve Board, or FRB.

[Zeitgeist]

Socialism for the rich:
“As a result of this audit, we now know that the Federal Reserve provided more than $16 trillion in total financial assistance to some of the largest financial institutions and corporations in the United States and throughout the world,” said Sanders. “This is a clear case of socialism for the rich and rugged, you’re-on-your-own individualism for everyone else.”

http://sanders.senate.gov/newsroom/news/?id=9e2a4ea8-6e73-4be2-a753-62060dcbb3c3

[Zeitgeist]

Socialism for the rich:
“As a result of this audit, we now know that the Federal Reserve provided more than $16 trillion in total financial assistance to some of the largest financial institutions and corporations in the United States and throughout the world,” said Sanders. “This is a clear case of socialism for the rich and rugged, you’re-on-your-own individualism for everyone else.”

http://sanders.senate.gov/newsroom/news/?id=9e2a4ea8-6e73-4be2-a753-62060dcbb3c3

[Zeitgeist]

Socialism for the rich:
“As a result of this audit, we now know that the Federal Reserve provided more than $16 trillion in total financial assistance to some of the largest financial institutions and corporations in the United States and throughout the world,” said Sanders. “This is a clear case of socialism for the rich and rugged, you’re-on-your-own individualism for everyone else.”

http://sanders.senate.gov/newsroom/news/?id=9e2a4ea8-6e73-4be2-a753-62060dcbb3c3

[Zeitgeist]

Socialism for the rich:
“As a result of this audit, we now know that the Federal Reserve provided more than $16 trillion in total financial assistance to some of the largest financial institutions and corporations in the United States and throughout the world,” said Sanders. “This is a clear case of socialism for the rich and rugged, you’re-on-your-own individualism for everyone else.”

http://sanders.senate.gov/newsroom/news/?id=9e2a4ea8-6e73-4be2-a753-62060dcbb3c3

[Zeitgeist]

Socialism for the rich:
“As a result of this audit, we now know that the Federal Reserve provided more than $16 trillion in total financial assistance to some of the largest financial institutions and corporations in the United States and throughout the world,” said Sanders. “This is a clear case of socialism for the rich and rugged, you’re-on-your-own individualism for everyone else.”

http://sanders.senate.gov/newsroom/news/?id=9e2a4ea8-6e73-4be2-a753-62060dcbb3c3

[briansd1]

[quote=Zeitgeist]Socialism for the rich:
“As a result of this audit, we now know that the Federal Reserve provided more than $16 trillion in total financial assistance to some of the largest financial institutions and corporations in the United States and throughout the world,” said Sanders. “This is a clear case of socialism for the rich and rugged, you’re-on-your-own individualism for everyone else.”

http://sanders.senate.gov/newsroom/news/?id=9e2a4ea8-6e73-4be2-a753-62060dcbb3c3
[/quote]

You do realize that Bernie Sanders is on the left?

For sure, the banks received generous bailouts because the banks’ collapse would have been systemically catastrophic for the economy.

But that’s why the banks need to pay us back in the form of taxes. And that’s why we ought to have a financial tax in preparation for the next crisis.

[briansd1]

[quote=Zeitgeist]Socialism for the rich:
“As a result of this audit, we now know that the Federal Reserve provided more than $16 trillion in total financial assistance to some of the largest financial institutions and corporations in the United States and throughout the world,” said Sanders. “This is a clear case of socialism for the rich and rugged, you’re-on-your-own individualism for everyone else.”

http://sanders.senate.gov/newsroom/news/?id=9e2a4ea8-6e73-4be2-a753-62060dcbb3c3
[/quote]

You do realize that Bernie Sanders is on the left?

For sure, the banks received generous bailouts because the banks’ collapse would have been systemically catastrophic for the economy.

But that’s why the banks need to pay us back in the form of taxes. And that’s why we ought to have a financial tax in preparation for the next crisis.

[briansd1]

[quote=Zeitgeist]Socialism for the rich:
“As a result of this audit, we now know that the Federal Reserve provided more than $16 trillion in total financial assistance to some of the largest financial institutions and corporations in the United States and throughout the world,” said Sanders. “This is a clear case of socialism for the rich and rugged, you’re-on-your-own individualism for everyone else.”

http://sanders.senate.gov/newsroom/news/?id=9e2a4ea8-6e73-4be2-a753-62060dcbb3c3
[/quote]

You do realize that Bernie Sanders is on the left?

For sure, the banks received generous bailouts because the banks’ collapse would have been systemically catastrophic for the economy.

But that’s why the banks need to pay us back in the form of taxes. And that’s why we ought to have a financial tax in preparation for the next crisis.

[briansd1]

[quote=Zeitgeist]Socialism for the rich:
“As a result of this audit, we now know that the Federal Reserve provided more than $16 trillion in total financial assistance to some of the largest financial institutions and corporations in the United States and throughout the world,” said Sanders. “This is a clear case of socialism for the rich and rugged, you’re-on-your-own individualism for everyone else.”

http://sanders.senate.gov/newsroom/news/?id=9e2a4ea8-6e73-4be2-a753-62060dcbb3c3
[/quote]

You do realize that Bernie Sanders is on the left?

For sure, the banks received generous bailouts because the banks’ collapse would have been systemically catastrophic for the economy.

But that’s why the banks need to pay us back in the form of taxes. And that’s why we ought to have a financial tax in preparation for the next crisis.

[briansd1]

[quote=Zeitgeist]Socialism for the rich:
“As a result of this audit, we now know that the Federal Reserve provided more than $16 trillion in total financial assistance to some of the largest financial institutions and corporations in the United States and throughout the world,” said Sanders. “This is a clear case of socialism for the rich and rugged, you’re-on-your-own individualism for everyone else.”

http://sanders.senate.gov/newsroom/news/?id=9e2a4ea8-6e73-4be2-a753-62060dcbb3c3
[/quote]

You do realize that Bernie Sanders is on the left?

For sure, the banks received generous bailouts because the banks’ collapse would have been systemically catastrophic for the economy.

But that’s why the banks need to pay us back in the form of taxes. And that’s why we ought to have a financial tax in preparation for the next crisis.

[Author]

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