Pie, may I remind you that you assured us that obamacare could not be used by illegals? After all, that is what the law said. You seemed astounded that they ignored it and got free benefits anyway.
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Ya, the military is a necessary evil and America is the undisputed world leader. Liberals, especially those outside the United States, desperately want to see America knocked down a few pegs. So a weak America fits that mantra perfectly. Thing is, America really does keep the world safe. When shit blows up, everyone looks to America to step in. It's the big brother in the room that is ready to step up and keep things in check. While this may be hated or seen as white privilege or whatever bullshit, its necessary. Think about man. Communist Chinese killed over 100 milllion of their own during Mao's cultural revolution. Stalin 80 million. This is no joke. THere has to be a counter-weight in the world. For all it's faults and evils, America is the cleanest dirty shirt in the global closet. We gotta recognize that and embrace it.
“Her platform would rein in Wall Street excesses more even than Bernie Sanders’s would. ”
You may want to check into this if it is of interest to you, but I think the Fed has not been audited by the GAO on an annual basis, but rather on a periodic basis. The Fed does have two regular annual audits in addition to periodic GAO audits: their own internal audit of course, and the Inspector General's audit. The Fed has its own inspector General. But As I pointed out some time back, the Modern Fed, since Bernanke, has responded to criticism of not being transparent enough in its transactions by posting all its transactions, however a few such postings are intentionally delayed. It was some of these delayed transaction posting that Bloomberg launched a FOIA action over.
The Fed is a Creature of Congress, not of Jekyll Island. The Fed has to follow the law in all their dealings. If Congress does not want the Fed to do something, they have the option of making it illegal. Since very few among the general population, among Congress, and among ET members too, have any clue how the Central bank works to regulate banking and interest rates, and to expand and contract the money supply by buying and selling Treasury bonds on the secondary market, the Fed is the perfect fall guy for Congress. What makes it even more convenient as a political target is that the Fed avoids like the plague getting embroiled in political matters unless they absolutely have to respond. So they usually keep quiet no matter how ridiculous the conjectures and innuendo emanating from our house of representatives. House members can, for political purposes, say almost anything about the Fed, no matter how absurd, and get away with it, since so few understand Central Banking.
Hmn. Once secret? Are the once secret transactions still secret? You must have a secret inside track. Pretty impressive! Oh, and by the way, 1) the Fed doesn't give , money away, and 2. Banks in trouble is still a secret. You won't find out about it, from the Fed at least, until the FDIC shows up, or well after those banks have increased their capital reserves and are out of the woods.. There is an obvious reason for this, but I don't suppose someone such of yourself would be capable of grasping it..you keep saying the the owned by private shareholders not govt shareholders FED is posting all its transactions.
But that is a misrepresentation... that was the whole point of what Bernie was telling you. They do not detail all their transactions.
Here is are articles detailing FED once secret loans and data... and there are many more.
So don't go telling us the FED discloses every thing. You have zero knowledge and zero clarity on the subject... and it goes against history.
http://www.bloomberg.com/news/artic...data-compiled-by-bloomberg-released-to-public
secret fed loans undisclosed to Congress
http://www.bloomberg.com/news/artic...d-to-congress-gave-banks-13-billion-in-income
Hmn. Once secret? Are the once secret transactions still secret? You must have a secret inside track. Pretty impressive! Oh, and by the way, 1) the Fed doesn't give , money away, and 2. Banks in trouble is still a secret. You won't find out about it, from the Fed at least, until the FDIC shows up, or well after those banks have increased their capital reserves and are out of the woods.. There is an obvious reason for this, but I don't suppose someone such of yourself would be capable of grasping it..
Not just any banks all over the world! Central banks. That's a critical distinction. Just as our trading partners' Central Banks work with the Fed to facilitate foreign exchange and make sure we have adequate reserves to facilitate trade, it is doubly important that the Fed maintain similar facilities because the U.S. dollar is still the major currency for international transactions.I will just say... they were once secret until they were sued and lost...
that should disabuse any sentient being from thinking the FED discloses all their transactions.
Those transactions were not just for banks... but for businesses and countries all over the world. not just u.s. taxpayers.
your FDIC analogy is not on point.
Finally you have no idea if the FED gives money away. .
it credited billions and billions or was it 1.4 trillion to the accounts of banks buying up shit loans and let dealers make 10s of million in commissions on the deals. (I presented a post on the subject a month or 2 ago for you.)
Also last I checked we have no idea how much money the FED has created all over the world because the fed does not even track M3 for us anymore.
That is the ultimate free lunch and incompatible with Capitalism. No wonder Trump is striking a chord. The real reason it happens is because of the massive contracts to Ratheon, General Dynamics, Lockhead Martin, Northrop Grumman and $600 billion more a year ad-infinitum. It is about MONEY.
- So what about the people that say Corporate welfare is a necessary evil?
- So you are ok with the US policing the world, and the rest of the world doesn't pay a dime in taxes for it?
https://en.wikipedia.org/wiki/Top_100_Contractors_of_the_U.S._federal_government
Every American should emigrate on those terms to Nordic countries. Why not? America is a shit hole to live in, but they will spend lots of money to protect you living in Norway and Germany and Denmark and Sweden and Greece etc, where you get killer healthcare and taxpayer funded high quality education. And if the big bad wolf comes and gets you, American kids will be there giving their lives for you while their american parents pay for them to die for a foreign interest.
Nice.