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The audits are complete and they are part of the public record. That Ron Paul/Rand Paul thing was a sham attempt to allow congress to second guess the Board of governors. They were lying by implying the fed is not audited. Of course it is regularly audited, both internally and externally. Is...

Ah huh, dats right.

The path to victory for the Democrats is simple. All they have to do is promise Putin they will lift the Sanctions on Russia and repeal the Magnitsky Act.

I don't feel right about educating you if you're not paying me, so consider this a magnanimous gesture on my part. You don't have to be a citizen to get a social security card.

NOT TRUE!!! https://www.washingtonpost.com/politics/2020/01/30/trump-dna-sought/ Perhaps you meant he hasn't raped anyone while in office, so far as we know. That would be a strain on the hydroxychloroquine-pickled heart of a morbidly obese orange Jackass. There are only lesbians allowed to...

Look I have never disputed that idiots did not line up to withdraw their money from Northern Rock Bank. Will the existence of a definition of something affect that things existence? I don't think so. None of the Northern Rock Bank depositors who were under the insurance limit lost any money! A...

Were does this nonsense originate. Alex Jones? We are just now getting what may be reliable quick serological tests for the antibodies. To make matters even worse the CDC has apparently mingled the test results for the live virus with highly unreliable serological test results. It's a mess!

I don't know the answer to your question, but I do know this. You're going to make your broker very, very happy.

Dummy. Same way exactly Trump is using the IRS to investigate your tax return and see if you reported all the income your W-2 says you made working at the car wash. What is it with you folks, can't you get a life?

Hahaha , so what ! That's exactly the type of valuable research that the support was intended to fund. If you want to study viruses in Bats, you'll need to to the study using Bats, I would imagine. Get a Life! Have you ever heard people say when you're in a hole and you want to get out the...

Previously you confused equity holders (investors) with depositors, and it seems you may still be doing it. There is no such thing as a "run on the bank" in modern, Western,fractional reserve banking. Your thinking is stuck in the depression era. Maybe you should update it. Banks do not...

You don't need to lecture me on fractional reserve banking. I understand it. (I know very likttle about the British banking system but my guess is it mirrors the u.S. system) What you don't understand is that in the U.S. a banks reserve account at the fed is used for mainly two purposes, one...

My younger friends , high school college, tell me they don't do facebook, it's all infogram (which FB owns) and something else, i forget what.. was it snapchat? I don't know much about this stuff, but I'm told you need it to tell people what you ate for lunch, and post a picture of your plate...

Of course a bank also loans out a fraction of its deposits. That is the cheapest source of money for a bank. They make money on your deposits! But beyond that they borrow what they lend. So they are NOT limited in what they lend to just some fraction of their deposits. Once again, a banks...

No, No, No period! Banks borrow at the wholesale rate and lend out at the retail rate. They borrow what they lend! If they have too many non-performing loans they can get into trouble. But that's what they do. When a bank makes a loan it is a net asset to the bank.

Sweden has made the decision to trade higher death rate for less Social distancing. https://thehill.com/policy/international/europe/498552-sweden-had-highest-number-of-deaths-per-capita-in-europe-over I would personally prefer opening after testing and tracing are widely available. I tend to...

You've intermingled the correct with the incorrect The reserve requirement does not in any direct way restrict the amount a bank may lend out. Because loans are assets they ease a banks ability to meet its reserve requirements. Assets can be sold and also used as collateral. Loans the bank...

ha ha ha, go Nancy! she's humoring him in her Devilish way! Of course she knows he's lying. He's like a little kid that gets deeper and deeper with each lie.

Of course such a statement by Mnuchin is absurd on its face. He is either taking the rest of us for fools, or he is a fool. Either way it's not good. I think the only way it's possibly justified, is if he believes there would be irrational demands on government that would lead to an...