Prtesident Trump is Truly Dangerous!

[TJustice]

so now do the exercise with the understanding it was Trillions.


So here is your thought exercise...


1. The FED lent out between 9 and 13 trillion dollars in a very short span of time.

2. The money did not come from the US govt... remember the kabuki about Congress Obama and McCain and the 700 billion dollar backstop. This was 13 trillion.

3. The fed did not posses more that a couple trillion dollars in assets or cash at the time this 9 to 13 trillion was lent out.

So? Where did this money come from?

I have showed you the video where bernanke said he created trillions with a key stroke for buying in the worthless bonds..

But, this was another 9 to 13 trillion.

Who authorized it?
Who created without the U.S. govts OK?

Answer...

Piezoe are you going to take the red pill or the blue pill?

 

[piezoe]

that was obviously the wrong link I grabbed. .

Well there is one thing certain. It was obviously wrong. But it was almost right, only off by a factor of a thousand.

 

[AAAintheBeltway]

Apologies if someone already pointed this out, but Cain served on the Board of the Kansas City Fed and was its Chairman for a year or two. He has more relevant experience than Powell, a private equity lawyer, had.

It will be interesting to see dems in the Senate oppose yet another well-qualified black man, simply because he is conservative.

 

[Cuddles]

inb4 fondling is the same as a peck on the forehead

 

[elderado]

inb4 fondling is the same as a peck on the forehead

No way Herman Cain would fondle Gloria Allred. Nope. Didn't happen. And if Gloria Allred or her spawn says anyone fondled someone else, you can pretty much wrap that up in the "Not True" side of things.

 

[TJustice]

I knew you would puss out.
Rather than honestly confront the issue.
And the fact the FED crates trillions of dollars with a key stroke completely independent from any real time oversight.

The Kardashians could be the entire board and their would be no actual change in Federal Reserve system control

Well there is one thing certain. It was obviously wrong. But it was almost right, only off by a factor of a thousand.

 

[TJustice]

wow...
Nice thread pie.

Apologies if someone already pointed this out, but Cain served on the Board of the Kansas City Fed and was its Chairman for a year or two. He has more relevant experience than Powell, a private equity lawyer, had.

It will be interesting to see dems in the Senate oppose yet another well-qualified black man, simply because he is conservative.

 

[piezoe]

wow...
Nice thread pie.

Thank you.

Apologies if someone already pointed this out, but Cain served on the Board of the Kansas City Fed and was its Chairman for a year or two. He has more relevant experience than Powell, a private equity lawyer, had.

It will be interesting to see dems in the Senate oppose yet another well-qualified black man, simply because he is conservative.

Apology accepted. I was the one that pointed that out. It's an honorary position, he had virtually nothing to do with day to day operations or research, and all the truly important stuff is handed down from the FOMC, the Governors, or the staff. He couldn't mess things up too badly because he's outvoted by the real bankers. He's just as useful as a pine scented miniature Christmas tree hanging from the rear view mirror of a Ford 150. He's a stinky decoration. But why pay him when he can't contribute anything of value other than free pizzas during breaks in the Board meetings, and too, a pretty face, of course, when they take the annual Board picture. ..

There will be strong opposition to his nomination of course from anyone with enough sense to come in out of the rain, because Cain is as unqualified as the other Cain -- the one in the Bible. Trump wants Cain on the board because he will be a vote for for cheap money which would goose the economy even more heading into an election. Nothing like a good goose in the ass at full employment to get things moving up, like the stock market for example. The more inflation the higher the S&P. What's not to like about that if your a jackass running for President.