You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Fed drops $100B on top of $100B TAF
- Thread starter rougebear
- Start date
What else would you want the FED to do at this point and time? Do you even understand the MAGNITUDE of what is going on in the commercial banking sector???
______________________________
HEY ALL YOU FUCKING SOCALIST! All you little whinning bitchs on ET. Stop being so damn stupid!
Let the banks fail, let the homeowners go bankrupt, let the "SYSTEM WORK IT OUT" as CAPITALISM IS SUPPOSED TO!
How fucking stupid are the majority of you Baboons?
Do you really think that all this "MONEY FLOW" will prevent, what is going to happen? Do you really think that this is "BETTER" for the economy and Capitalism? Do you really believe these banks, that are near destruction, will survive?
I can believe the crap I read on this site.
Hey, I wish the FEDS would bail me out of my Car payment. I didn't understand my note was going to be 800. I mean, i was fooled. Why cant the FED pay my Car Payment. Hey, on top of that, I didn't know that my positions would be on the opposit side of the market. Wait, All that money I lost, the FED owes me all that back. I also demand that all of you pay for all my "Needs". I want the "COLLECTIVE" to carry me, feed me, buy me things, help me survive!
I need a bail out. I need all the money I spent, lost and risked to make more, I WANT IT ALL BACK.
It isn't fair that I have to make a living. It isn't fair that I have to take risk and loose. It isn't fair that I have to make a living. I WANT MOMA TO PROTECT ME.
FUCKING PATHETIC! It makes me sick to know that 50% of this country falls for the "COLLECTIVE" bullshit that is spouted in the Media.
Let the banks fail, let it all fall down. There will be plenty of opportunity to make money one way or the other.
C A P I T A L I S M does not mean "S A F T E Y"!
______________________________
HEY ALL YOU FUCKING SOCALIST! All you little whinning bitchs on ET. Stop being so damn stupid!
Let the banks fail, let the homeowners go bankrupt, let the "SYSTEM WORK IT OUT" as CAPITALISM IS SUPPOSED TO!
How fucking stupid are the majority of you Baboons?
Do you really think that all this "MONEY FLOW" will prevent, what is going to happen? Do you really think that this is "BETTER" for the economy and Capitalism? Do you really believe these banks, that are near destruction, will survive?
I can believe the crap I read on this site.
Hey, I wish the FEDS would bail me out of my Car payment. I didn't understand my note was going to be 800. I mean, i was fooled. Why cant the FED pay my Car Payment. Hey, on top of that, I didn't know that my positions would be on the opposit side of the market. Wait, All that money I lost, the FED owes me all that back. I also demand that all of you pay for all my "Needs". I want the "COLLECTIVE" to carry me, feed me, buy me things, help me survive!
I need a bail out. I need all the money I spent, lost and risked to make more, I WANT IT ALL BACK.
It isn't fair that I have to make a living. It isn't fair that I have to take risk and loose. It isn't fair that I have to make a living. I WANT MOMA TO PROTECT ME.
FUCKING PATHETIC! It makes me sick to know that 50% of this country falls for the "COLLECTIVE" bullshit that is spouted in the Media.
Let the banks fail, let it all fall down. There will be plenty of opportunity to make money one way or the other.
C A P I T A L I S M does not mean "S A F T E Y"!
You naively fail to consider the "multiplier" effect on the economy by the commercial banking sector.
______________________
More academic bantor. WHO CARES what the multiplier is. It does not matter. The damage was done and needs to work its self out.
The markets you love so much, trading , will dry up faster than 80 year old pussy this summer.
Then half you nitwitz will be crying, working flipping burgers or licking ass. But you will stand by your Ideas of "Intervention", of "Rescue" of "Saftey".
You will be toss'n fries but arguing that "THE GOV. COULD HAVE DONE MORE BECAUSE THE MULTIPLYER WAS X to the square Root of 7.
______________________
More academic bantor. WHO CARES what the multiplier is. It does not matter. The damage was done and needs to work its self out.
The markets you love so much, trading , will dry up faster than 80 year old pussy this summer.
Then half you nitwitz will be crying, working flipping burgers or licking ass. But you will stand by your Ideas of "Intervention", of "Rescue" of "Saftey".
You will be toss'n fries but arguing that "THE GOV. COULD HAVE DONE MORE BECAUSE THE MULTIPLYER WAS X to the square Root of 7.
Quote from EMRGLOBAL:
What else would you want the FED to do at this point and time? Do you even understand the MAGNITUDE of what is going on in the commercial banking sector???
______________________________
HEY ALL YOU FUCKING SOCALIST! All you little whinning bitchs on ET. Stop being so damn stupid!
Let the banks fail, let the homeowners go bankrupt, let the "SYSTEM WORK IT OUT" as CAPITALISM IS SUPPOSED TO!
How fucking stupid are the majority of you Baboons?
Do you really think that all this "MONEY FLOW" will prevent, what is going to happen? Do you really think that this is "BETTER" for the economy and Capitalism? Do you really believe these banks, that are near destruction, will survive?
I can believe the crap I read on this site.
Hey, I wish the FEDS would bail me out of my Car payment. I didn't understand my note was going to be 800. I mean, i was fooled. Why cant the FED pay my Car Payment. Hey, on top of that, I didn't know that my positions would be on the opposit side of the market. Wait, All that money I lost, the FED owes me all that back. I also demand that all of you pay for all my "Needs". I want the "COLLECTIVE" to carry me, feed me, buy me things, help me survive!
I need a bail out. I need all the money I spent, lost and risked to make more, I WANT IT ALL BACK.
It isn't fair that I have to make a living. It isn't fair that I have to take risk and loose. It isn't fair that I have to make a living. I WANT MOMA TO PROTECT ME.
FUCKING PATHETIC! It makes me sick to know that 50% of this country falls for the "COLLECTIVE" bullshit that is spouted in the Media.
Let the banks fail, let it all fall down. There will be plenty of opportunity to make money one way or the other.
C A P I T A L I S M does not mean "S A F T E Y"!
I could not agree more. Why is capitalism good for everything, but not for banking, finance, or money supply? Since when a purely capitalist institution, the bank, needs a socialist style bail out to survive?
Quote from telozo:
I could not agree more. Why is capitalism good for everything, but not for banking,
The Fed is an agent of the banking interests. It exists to ensure profitablity for the banking cartel. They create the funny money out of thin air, so the banks can loan it out at a higher rate and make the spread. In the process they debase our cash holdings and real incomes. This is why the Fed is throwing money hand over fist to the banks: They need to start making the spread again or BIG hurt is headed thier way.
We don't really have true capitolism or democracy for that matter. The average person has no idea of the wealth transfer going on...
"The Federal Reserve on Friday announced emergency measures to add $200 billion into the banking system in a bid to ease persistent liquidity strains that are leading to a global credit freeze."
The wording used by the press and Fed is incorrect. Pumping $200 billion is not a measure to increase liquidity, rather it increases the supply, and decreases the cost of credit. If the problem is in fact liquidity, random fluxes of money supply will actually decrease liquidity.
One other thing, our money supply is for the most credit based; very little is actual physical currency. If there is a broad credit crunch ocurring on the supply side, wouldn't that mean that there would be fewer dollars, and wouldn't that result in the dollars value actually increasing rather than decreasing... wouldn't that actually be a deflationary event?
The wording used by the press and Fed is incorrect. Pumping $200 billion is not a measure to increase liquidity, rather it increases the supply, and decreases the cost of credit. If the problem is in fact liquidity, random fluxes of money supply will actually decrease liquidity.
One other thing, our money supply is for the most credit based; very little is actual physical currency. If there is a broad credit crunch ocurring on the supply side, wouldn't that mean that there would be fewer dollars, and wouldn't that result in the dollars value actually increasing rather than decreasing... wouldn't that actually be a deflationary event?
Quote from bellman:[/i
One other thing, our money supply is for the most credit based; very little is actual physical currency. If there is a broad credit crunch ocurring on the supply side, wouldn't that mean that there would be fewer dollars, and wouldn't that result in the dollars value actually increasing rather than decreasing... wouldn't that actually be a deflationary event? [/B]
I think you are correct if all that cheap credit doesn't get deployed. But deflation would be ultimate nightmare for the banks. Just imagine all that collateral loosing value and borrowing drying up. My guess is they will do ANYTHING to prevent that. They are trying to stuff those e-dollars down the economy's throat and my guess is they will succeed once again..
Quote from Landis82:
What else would you want the FED to do at this point and time? Do you even understand the MAGNITUDE of what is going on in the commercial banking sector???
As it is, the commercial banks of United States have little "good" collateral to make loans on. The "good" collateral has already been pledged out.
Are you interested in seeing the U.S. economy head into a "Depression"?
As it is, the jobs numbers for the last couple of months are the worst since 2003.
Get real.
Some of these banks need to go out of business.
Only then will the general public begin to question what's going on in their name.
the fed is not trying to save capitalism; capitalism will always exit. they are trying to remove downside volatility from the system. pain will either be short and intense or long and dull. the second option benefits the existing banking players and asset-holders, the first option terminates them. the fed works for people that already own assets. if the fed let sharp downside volatility into the system then new players would take the assets of the existing asset-holding hegemony.