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Fed made $9 trillion in emergency overnight loans
- Thread starter jajuanm2
- Start date
wow if you morons believe that these loans were used to buy stock you are just embarrassing yourselves
The biggest most complete CON JOB is at all thinking the criminal syndicate privately held FED is doing anything at all honorable. The actions of the privately held FED are in the exact opposite interests of a constitutional US citizenry.....and to see it any other way is a resounding strike against your intelligence. To even entertain the thought the FED is doing anything at all that will truly benefit the US financial system shows you have been psy op bitch slapped (back handed) into psychological oblivion.
ENJOY your FED friend......and after they are done raping you, see what cold wet ditch they toss you in.
:eek:
ENJOY your FED friend......and after they are done raping you, see what cold wet ditch they toss you in.
:eek:
We have learned that the $700 billion Wall Street bailout signed into law by President George W. Bush turned out to be pocket change compared to the trillions and trillions of dollars in near-zero interest loans and other financial arrangements the Federal Reserve doled out to every major financial institution in this country. Among those are Goldman Sachs, which received nearly $600 billion; Morgan Stanley, which received nearly $2 trillion; Citigroup, which received $1.8 trillion; Bear Stearns, which received nearly $1 trillion, and Merrill Lynch, which received some $1.5 trillion in short term loans from the Fed.
We also learned that the Fed's multi-trillion bailout was not limited to Wall Street and big banks, but that some of the largest corporations in this country also received a very substantial bailout. Among those are General Electric, McDonald's, Caterpillar, Harley Davidson, Toyota and Verizon.
Perhaps most surprising is the huge sum that went to bail out foreign private banks and corporations including two European megabanks -- Deutsche Bank and Credit Suisse -- which were the largest beneficiaries of the Fed's purchase of mortgage-backed securities.
Deutsche Bank, a German lender, sold the Fed more than $290 billion worth of mortgage securities. Credit Suisse, a Swiss bank, sold the Fed more than $287 billion in mortgage bonds.
Has the Federal Reserve of the United States become the central bank of the world?
The Fed said that this bailout was necessary to prevent the world economy from going over a cliff. But three years after the start of the recession, millions of Americans remain unemployed and have lost their homes, life savings and ability to send their kids to college. Meanwhile, big banks and corporations have returned to making huge profits and paying their executives record-breaking compensation packages as if the financial crisis they started never happened.
What this disclosure tells us, among many other things, is that despite this huge taxpayer bailout, the Fed did not make the appropriate demands on these institutions necessary to rebuild our economy and protect the needs of ordinary Americans.
For example, at a time when big banks have nearly a trillion dollars in excess reserves parked at the Fed, the Fed did not require these institutions to increase lending to small- and medium-sized businesses as a condition of the bailout.
At a time when large corporations are more profitable than ever, the Fed did not demand that corporations that received this backdoor bailout create jobs and expand the economy once they returned to profitability.
http://www.huffingtonpost.com/rep-bernie-sanders/a-real-jaw-dropper-at-the_b_791091.html
We also learned that the Fed's multi-trillion bailout was not limited to Wall Street and big banks, but that some of the largest corporations in this country also received a very substantial bailout. Among those are General Electric, McDonald's, Caterpillar, Harley Davidson, Toyota and Verizon.
Perhaps most surprising is the huge sum that went to bail out foreign private banks and corporations including two European megabanks -- Deutsche Bank and Credit Suisse -- which were the largest beneficiaries of the Fed's purchase of mortgage-backed securities.
Deutsche Bank, a German lender, sold the Fed more than $290 billion worth of mortgage securities. Credit Suisse, a Swiss bank, sold the Fed more than $287 billion in mortgage bonds.
Has the Federal Reserve of the United States become the central bank of the world?
The Fed said that this bailout was necessary to prevent the world economy from going over a cliff. But three years after the start of the recession, millions of Americans remain unemployed and have lost their homes, life savings and ability to send their kids to college. Meanwhile, big banks and corporations have returned to making huge profits and paying their executives record-breaking compensation packages as if the financial crisis they started never happened.
What this disclosure tells us, among many other things, is that despite this huge taxpayer bailout, the Fed did not make the appropriate demands on these institutions necessary to rebuild our economy and protect the needs of ordinary Americans.
For example, at a time when big banks have nearly a trillion dollars in excess reserves parked at the Fed, the Fed did not require these institutions to increase lending to small- and medium-sized businesses as a condition of the bailout.
At a time when large corporations are more profitable than ever, the Fed did not demand that corporations that received this backdoor bailout create jobs and expand the economy once they returned to profitability.
http://www.huffingtonpost.com/rep-bernie-sanders/a-real-jaw-dropper-at-the_b_791091.html
Under fractional reserve lending...where 1 dollar is backed maybe by 0.01 centâ¦events like these are normal.
When the system is on the verge of collapse it can easily be prevented from happening just by a bookkeeping entry.
New artificially created money strengthens the banks reserves and helps them from failing.
THAT IS WHY THEY ARE SITTING ON CASH MOUNTAINS AND LENDING NOTHINGGGG!!!!!!!
And the end the basic principles of economics still hold. Every economic activity has to be backed up at least by its 1:1 ratio reserve.
Anything below is a scheme to summit us into the slavery of debt.
Also for those who think the system is failing in any way...YOU ARE WRONG.
Even before 1913 these guys knew what to do. "When you have the power to print money.........you have the power to confiscate REAL wealth"
ITâS IMPOSIBLE TO LOSE.
When the system is on the verge of collapse it can easily be prevented from happening just by a bookkeeping entry.
New artificially created money strengthens the banks reserves and helps them from failing.
THAT IS WHY THEY ARE SITTING ON CASH MOUNTAINS AND LENDING NOTHINGGGG!!!!!!!
And the end the basic principles of economics still hold. Every economic activity has to be backed up at least by its 1:1 ratio reserve.
Anything below is a scheme to summit us into the slavery of debt.
Also for those who think the system is failing in any way...YOU ARE WRONG.
Even before 1913 these guys knew what to do. "When you have the power to print money.........you have the power to confiscate REAL wealth"
ITâS IMPOSIBLE TO LOSE.
The reason why they are not lending is because they can trade 30x the value of all deposits with the deposits covered by FDIC if they blow up. Furthermore they have the full faith and force of the US treasury to cover any margin calls and a loan facility at under 1%.
These banks pitched perect games each and every day of the first quarter because they have virtually unlimited reserves in their deep pockets thanks to our govt.
The markets are rigged to the advantage of the banks because they can hold out longest and have the govt and tax payers cover their deepest draw downs.
Imagine opening a trading account with only $10k but having 30x leverage = $300K cash equivalent. Using the $300K cash equivalence to open leveraged futures positions for an additional 50x leverage. $10k = $15M in open positions.
Now the gift... Your trades are further backed by the treasury at < 1% interest... You can Martingale to the moon!
If your a total idiot and mess up... no worries the fdic will cover the $10K and the fed will eat the rest as well as indemnify you and hold you harmless in any lawsuits.
Why would you engage in any traditional "banking" activity other than trade your client deposits?
These banks pitched perect games each and every day of the first quarter because they have virtually unlimited reserves in their deep pockets thanks to our govt.
The markets are rigged to the advantage of the banks because they can hold out longest and have the govt and tax payers cover their deepest draw downs.
Imagine opening a trading account with only $10k but having 30x leverage = $300K cash equivalent. Using the $300K cash equivalence to open leveraged futures positions for an additional 50x leverage. $10k = $15M in open positions.
Now the gift... Your trades are further backed by the treasury at < 1% interest... You can Martingale to the moon!
If your a total idiot and mess up... no worries the fdic will cover the $10K and the fed will eat the rest as well as indemnify you and hold you harmless in any lawsuits.
Why would you engage in any traditional "banking" activity other than trade your client deposits?
Quote from jueco2005:
THAT IS WHY THEY ARE SITTING ON CASH MOUNTAINS AND LENDING NOTHINGGGG!!!!!!!
ITâS IMPOSIBLE TO LOSE. [/B]
socialism for the rich. they could have let all banks fail and rebuild new ones and back all deposits 4x over.
Quote from bearice:
Wal-Mart is worth $180 Billion and Wal-Mart employs 2 million employees.
So you can start 50 new Wal-Marts with $9 Trillion and create 100 million jobs with $9 Trillion.
My Maths is not good.
You are intelligent.Quote from Lights:
socialism for the rich. they could have let all banks fail and rebuild new ones and back all deposits 4x over.
Employees of giant banks and giant companies are highly paid. Their managers are millionaires. They earn enough money in few years of job to survive for life-long. Shut down of giants would not have affected their rich employees.
I agree there are low-wage employees in Giant companies. Direct financial support should be provided to these poor people or they should be given jobs in 50 new Wal-Marts.
Rich employees and millionaire managers can invest their money with reputed money managers and they will earn excellent profit every month without any work. They can have vacation all their life and money/profits will be transfered to their bank account without any work. I do not understand why rich people occupy jobs. I know reputed money managers
Do you think these Giant banks and Giant companies will survive for 1 million years?