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 Bad News: Federal Reserve Losses 9 Trillion
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astrology
= Cult of Ray =

Saint Lucia
252 Posts

Posted - 05/16/2009 :  13:42:15  Show Profile  Visit astrology's Homepage  Click to see astrology's MSN Messenger address  Reply with Quote

La Bomba de la Semana, aunque nadie se ha dado por enterado, la Reserva Federal USA ha perdido 9 billones (Trillones USA)
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May 16, 2009 in 1929, USA, WhatIsReallyHappening, bush, crash financiero, crash inmobiliario, economía, foreclosure, irak war, mortgage, whatreallyhappened with 0 Comments

The Federal Reserve apparently can’t account for $9 trillion in off-balance sheet transactions.

When Rep. Alan Grayson (D-Orlando) asked Inspector General Elizabeth Coleman of the Federal Reserve some very basic questions about where the trillions of dollars that have come from the Fed’s expanded balance sheet, the IG didn’t know.

Worse, nobody at the Fed seems to have any idea what the losses on its $2 trillion portfolio really are.

“I am shocked to find out that nobody at the Federal Reserve is keeping track of anything,” Grayson says.

http://moneynews.newsmax.com/financenews/feds_lost_nine_trillion/2009/05/12/213463.html

Parece que nadie está cuidando la tienda en la Reserva Federal, en una comparecencia la Inspectora General Sra. Coleman reconoció al congresista Hon. Alan Grayson, del 8º distrito de Florida que desconocia el paradero o pérdidas de las operaciones fuera de balance de la Fed desde fecha de septiembre del pasado año , las usadas para comprar la deuda tóxica de los bancos, y que se estiman en 9 billones (trillones USA) de dolares. Para que se hagan una idea de la magnitud de esta catastrofe les diré que segun este balance de la Fed a fecha 31/12/08 tasaba sus activos en no mas de 2 billones 300 mil dolares. Saben decir WEIMAR?

http://www.federalreserve.gov/monetarypolicy/files/BSTFRcombinedfinstmt20072008.pdf

(Fed's balance sheet)


Minutos Musicales:Bachman Turner Overdrive “Takin Care Of Business” Live ‘74
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May 16, 2009 in Uncategorized with 0 Comments

http://dodgone.wordpress.com/2009/05/16/minutos-musicalesbachman-turner-overdrive-takin-care-of-business-live-74/

Takin care of business and workin overtime!!


I'm a pistolero, i'm not shakin in my boots
I'm the ruler of this moon, if u move I shoots

darwin
>> Denizen of the Citizens Band <<

USA
5454 Posts

Posted - 05/16/2009 :  17:00:14  Show Profile  Reply with Quote
When did Orlando become a state?
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BLT
> Teenager of the Year <

South Sandwich Islands
4204 Posts

Posted - 05/17/2009 :  05:25:12  Show Profile  Reply with Quote
quote:
Originally posted by darwin

When did Orlando become a state?



Orlando is probably his district in the House. He's not a senator.


The lowest forms of socializing:
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darwin
>> Denizen of the Citizens Band <<

USA
5454 Posts

Posted - 05/17/2009 :  05:42:05  Show Profile  Reply with Quote
I know, but it's not standard form to say (R - Fort Worth) or (D - Boulder) even for reps.

(sorry, I guess I get snarky when someone from another country is trying to pump up a scandal in our country that has nothing to with them. I feel like "worry about your own house.")

Edited by - darwin on 05/17/2009 06:01:16
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Carl
- A 'Fifth' Catholic -

Ireland
11546 Posts

Posted - 05/17/2009 :  06:04:29  Show Profile  Reply with Quote
Have they looked down the back of the sofa?

"You have the brain of a four year old, and I'll bet he was glad to get rid of it!!"
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BLT
> Teenager of the Year <

South Sandwich Islands
4204 Posts

Posted - 05/17/2009 :  08:15:18  Show Profile  Reply with Quote
quote:
Originally posted by darwin

I know, but it's not standard form to say (R - Fort Worth) or (D - Boulder) even for reps.



Yeah, it does sound more like something you'd hear describing a state assemblyman. Or maybe you might see it that way in a local fishwrap, er... newspaper.


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trobrianders
> Teenager of the Year <

Papua New Guinea
3302 Posts

Posted - 05/17/2009 :  08:36:39  Show Profile  Reply with Quote
quote:
Originally posted by darwin

sorry, I guess I get snarky when someone from another country is trying to pump up a scandal in our country that has nothing to with them. I feel like "worry about your own house.")


The world banking system has nothing to do with them? What planet are you on?

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Ed is the hoo hoo
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darwin
>> Denizen of the Citizens Band <<

USA
5454 Posts

Posted - 05/17/2009 :  16:28:25  Show Profile  Reply with Quote
It's not the world banking system. It's our Federal Reserve. I would be lying if I said I understood how all of that works, but it would be our government squandering money and not World Bank or G20 (I think).

{KOK's bat signal just flipped on}
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floop
= Wannabe Volunteer =

Mexico
15297 Posts

Posted - 05/17/2009 :  18:51:40  Show Profile  Reply with Quote
slaves
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trobrianders
> Teenager of the Year <

Papua New Guinea
3302 Posts

Posted - 05/18/2009 :  00:51:01  Show Profile  Reply with Quote
quote:
Originally posted by darwin

It's not the world banking system. It's our Federal Reserve. I would be lying if I said I understood how all of that works, but it would be our government squandering money and not World Bank or G20 (I think).

{KOK's bat signal just flipped on}

In the US you're entitled to chop off the overhanging branches of your neighbor's tree. Anything else would be batcrazy!

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Ed is the hoo hoo
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BLT
> Teenager of the Year <

South Sandwich Islands
4204 Posts

Posted - 05/18/2009 :  05:58:44  Show Profile  Reply with Quote
quote:
Originally posted by trobrianders

In the US you're entitled to chop off the overhanging branches of your neighbor's tree. Anything else would be batcrazy!



I remember when my brother-in-law cut off the overhanging branch of his neighbor's avocado tree. It was an error of microcosmic proportions. My sister nearly killed him.


The lowest forms of socializing:
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floop
= Wannabe Volunteer =

Mexico
15297 Posts

Posted - 05/18/2009 :  06:54:30  Show Profile  Reply with Quote
did they get any avocados out of it?
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BLT
> Teenager of the Year <

South Sandwich Islands
4204 Posts

Posted - 05/18/2009 :  07:10:39  Show Profile  Reply with Quote
quote:
Originally posted by floop

did they get any avocados out of it?



Only before he cut it down.


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trobrianders
> Teenager of the Year <

Papua New Guinea
3302 Posts

Posted - 05/18/2009 :  20:54:48  Show Profile  Reply with Quote
The world needs someone powerful like your sister to regulate its banking system.

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Ed is the hoo hoo
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misterwoe
= Cult of Ray =

Greece
675 Posts

Posted - 05/20/2009 :  05:24:47  Show Profile  Visit misterwoe's Homepage  Reply with Quote
somebody just got richer, avocados and all.

------------------------------------------------
eyes burning
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Newo
~ Abstract Brain ~

Spain
2674 Posts

Posted - 05/24/2009 :  11:13:08  Show Profile  Click to see Newo's MSN Messenger address  Reply with Quote
quote:
darwin
> Teenager of the Year <



USA
4607 Posts
Posted - 05/17/2009 : 05:42:05
--------------------------------------------------------------------------------

(sorry, I guess I get snarky when someone from another country is trying to pump up a scandal in our country that has nothing to with them. I feel like "worry about your own house.")



But when the government in question is financing military bases in 63 different countries around the world with a total of around 255,000 personnel running them, you might be able to appreciate why people outside of your country feel like chipping in with their own opinion...
With 700-800 bases worldwide, what's the point at which you would discuss the post above with a foreigner, 1600 bases? one on every street corner?

--


Allen Ginsberg says you got no soul. The ancient Egyptians say you got seven of these bastards, and Pharaohs got fourteen, what they get for being Pharaohs.
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darwin
>> Denizen of the Citizens Band <<

USA
5454 Posts

Posted - 05/24/2009 :  12:19:14  Show Profile  Reply with Quote
Our military bases justify you being worried about bad bookkeeping by our government?

I can fully appreciate you wanting our bases to be removed. That's a different topic. But I don't think they make you a citizen of our country. You can complain, speculate, gossip, or whatever about the US. That's your right. But, my personal feeling is every country has problems and I get annoyed by people in other countries speculating or complaining about our (the US's) problems. Some of our obviously spillover across the world, but I didn't see this one as being the case (but maybe I wrong about that). As I admitted above I'm not sure where the line between US banking and world banking is.

Plus astrology has a history of posting ill-supported conspiracy theories.
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trobrianders
> Teenager of the Year <

Papua New Guinea
3302 Posts

Posted - 05/24/2009 :  13:46:58  Show Profile  Reply with Quote
Patriotism makes you stupid I think is the point. It's ridiculous to say that only US nationals have the right to criticise the practises of the Fed.

Besides which it's a misplaced patriotism. I think an attack on the Fed is pretty much an attack on private bankers with a license to print, not the US government.

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darwin
>> Denizen of the Citizens Band <<

USA
5454 Posts

Posted - 05/24/2009 :  14:30:23  Show Profile  Reply with Quote
In what way is it patriotism? It's not a "love for or devotion to one's country". (I'll ignore that you called me stupid.) And please point where I ever said that only US citizens have the right to criticize. In fact, I directly said that everyone has the right. Fuck. If your going to criticize me (and call me stupid), take the time to read what I wrote.

It is more equivalent to people don't appreciate other people telling them how their family should behave. Very few behaviors illicit a stronger response than someone telling a parent how they should parent. I (and once again I'm stating my reaction, not saying everyone has or needs to have this reaction) have similar feeling when a non-US citizen says how the US should behave when it is not affecting them.

Edited by - darwin on 05/24/2009 14:34:14
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trobrianders
> Teenager of the Year <

Papua New Guinea
3302 Posts

Posted - 05/24/2009 :  17:00:09  Show Profile  Reply with Quote
It's patriotism in every way.

But don't you agree that patriotism makes you stupid? Just as family loyalty in your analogy can make you say stupid things to nosy neighbors? You're showing emotion but not much sense. Maintaining that astrology has the right to criticise but that he shouldn't exercise it just doesn't make sense.

No one should tell the US how to behave within its borders though the US routinely tells the rest of the world how they should behave within theirs? Or do you really believe the US shouldn't speak out about injustices it sees either? What's the point of good neighbors you never see or hear from?

Ill-supported conspiracy theories? From Inspector General Elizabeth Coleman's own mouth.

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darwin
>> Denizen of the Citizens Band <<

USA
5454 Posts

Posted - 05/24/2009 :  17:25:40  Show Profile  Reply with Quote
quote:
Originally posted by trobrianders

It's patriotism in every way.



How so? You can declare it is, but unless you're are willing to defend how it is then your declarations are worthless. It's not an opinion based on the "love of country" (which by the way is the definition of patriotism since you don't seem to know that). It is opinion based upon "keep your nose out of my business". So, wise guy how is it patriotism "in every way'?

quote:
Just as family loyalty in your analogy can make you say stupid things to nosy neighbors? You're showing emotion but not much sense. Maintaining that astrology has the right to criticise but that he shouldn't exercise it just doesn't make sense.


Your reading comprehension is not impressive. I never told astrology to shut up. I only admitted that my snarkiness is due to be annoyed by outside criticism of what I saw as internal politics. Astrology can do whatever he wants and I can make fun of him and his cut and paste ways as much as I want.
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trobrianders
> Teenager of the Year <

Papua New Guinea
3302 Posts

Posted - 05/24/2009 :  22:55:46  Show Profile  Reply with Quote
quote:
Originally posted by darwin

quote:
Originally posted by trobrianders

It's patriotism in every way.



How so? You can declare it is, but unless you're are willing to defend how it is then your declarations are worthless. It's not an opinion based on the "love of country" (which by the way is the definition of patriotism since you don't seem to know that). It is opinion based upon "keep your nose out of my business". So, wise guy how is it patriotism "in every way'?

quote:
Just as family loyalty in your analogy can make you say stupid things to nosy neighbors? You're showing emotion but not much sense. Maintaining that astrology has the right to criticise but that he shouldn't exercise it just doesn't make sense.


Your reading comprehension is not impressive. I never told astrology to shut up. I only admitted that my snarkiness is due to be annoyed by outside criticism of what I saw as internal politics. Astrology can do whatever he wants and I can make fun of him and his cut and paste ways as much as I want.

Is that what I get for extending the neighborly hand of good friendship?

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Ed is the hoo hoo
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