Bernake Killing Middle Class

[ZBEAR]

Quote from madmaxer:

Ha Ha... Who let the WOLVES in.. who uh who who....? Some one left the farm's door open..

Wolf is not the only problem. Many of these chickens are not ours.
and their owners are thinking about pulling them out and moving them to a different farm.

Yeah........but we "Thought" they were ours...uh huh.

 

[trader_arb]

Quote from daddyeaux:

not only are the banks out of collateral, the banks are using borrowed funds as collateral.

something that would land anyone else in jail.

is it Ponzi or Ponzee?

Kind of like borrowing on margin to pay off a margin call...

 

[madmaxer]

Quote from trader_arb:

Kind of like borrowing on margin to pay off a margin call...

Well, Isn't that some of us did last year. To borrow from your credit card to pay for an adjustable home loan, which was priced at 20 times more than our anual salary.... ?

 

[Landis82]

Quote from dcvtss:

Their "good" collateral? Are you fucking kidding? The fed is valuing and monetizing assets that have no value on the open market which is different from printing money how?

My guess is that you weren't around during the days of Paul Volcker and the announcements over the squawk box when the FED injected money into the banking system via PERMANENT transactions called:

Coupon Passes

 

[riaamaan]

Wall St CEO's taking down $100 million bonuses, Fed bailing out banks, etc.

These are a few of the faces of corporate fascism. The corporations own the government and use it as it's tool.

Another clue was the shameless ass kissing of Bill Gates before a hearing on foreign work visas. The politicians are spineless idiots.

The America I grew up in is disintegrating before my eyes and the vast majority of people are too "dumbed down" to see it, or care about it, let alone understand it.

Is it time to play "taps" for the republic of the United States? Land of the economic slave, home of the chicken shits.

 

[gnome]

Quote from riaamaan:

".. The America I grew up in is disintegrating before my eyes and the vast majority of people are too "dumbed down" to see it, or care about it, let alone understand it.

Most Americans are concerned only with their personal "gummint cheese". Few understand how America has morphed into "Gummint at the EXPENSE of the people"... not unlike 17th century feudal Europe.

 

[Trader50]

agree