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CWFoster Offline
#1 Posted: Sat, Sep 1 2012, 8:44 PM EST
Joined: 12-12-2003
Posts: 5,414
ZRX posted this on the poll thread, but it's enlightening enought that I thought it deserved it's own thread!

http://beforeitsnews.com/economy/2012/09/first-audit-in-the-federal-reserves-nearly-100-year-history-were-posted-today-the-results-are-startling-2449770.html
wheelrite Offline
#2 Posted: Sat, Sep 1 2012, 8:46 PM EST
Joined: 11-01-2006
Posts: 50,119
disturbing maybe,,,

But so what ?

it aint gonna change,,,
rfenst Offline
#3 Posted: Sat, Sep 1 2012, 8:59 PM EST
Joined: 06-23-2007
Posts: 39,415
wheelrite wrote:
disturbing maybe,,,

But so what ?

it aint gonna change,,,


Bingo (and then some)!
lgops Offline
#4 Posted: Sat, Sep 1 2012, 9:35 PM EST
Joined: 01-27-2012
Posts: 1,005
where's mine?
DadZilla3 Offline
#5 Posted: Sun, Sep 2 2012, 3:53 AM EST
Joined: 01-17-2009
Posts: 4,633
lgops wrote:
where's mine?

Quote:
$16,000,000,000,000.00 had been secretly given out to US banks and corporations and foreign banks everywhere from France to Scotland. From the period between December 2007 and June 2010, the Federal Reserve had secretly bailed out many of the world’s banks, corporations, and governments.

Citigroup: $2.5 trillion ($2,500,000,000,000)
Morgan Stanley: $2.04 trillion ($2,040,000,000,000)
Merrill Lynch: $1.949 trillion ($1,949,000,000,000)
Bank of America: $1.344 trillion ($1,344,000,000,000)
Barclays PLC (United Kingdom): $868 billion ($868,000,000,000)
Bear Sterns: $853 billion ($853,000,000,000)
Goldman Sachs: $814 billion ($814,000,000,000)
Royal Bank of Scotland (UK): $541 billion ($541,000,000,000)
JP Morgan Chase: $391 billion ($391,000,000,000)
Deutsche Bank (Germany): $354 billion ($354,000,000,000)
UBS (Switzerland): $287 billion ($287,000,000,000)
Credit Suisse (Switzerland): $262 billion ($262,000,000,000)
Lehman Brothers: $183 billion ($183,000,000,000)
Bank of Scotland (United Kingdom): $181 billion ($181,000,000,000)
BNP Paribas (France): $175 billion ($175,000,000,000)

...and so on.

Take that $16,000,000,000,000, divide by 314,283,000, and we get a potential personal bailout of $50,910 for every man, woman, and child in the USA.

That would have been $152,730 for my family...OK, $203,640 if I count my ex. Not talking
CWFoster Offline
#6 Posted: Sun, Sep 2 2012, 12:15 PM EST
Joined: 12-12-2003
Posts: 5,414
wheelrite wrote:
disturbing maybe,,,

But so what ?

it aint gonna change,,,


If I allowed myself to believe that, I would lose motivation to try. If you're beyond trying, you've become part of the problem and not the solution.
engletl Offline
#7 Posted: Sun, Sep 2 2012, 12:24 PM EST
Joined: 12-26-2000
Posts: 26,493
CWFoster wrote:
If I allowed myself to believe that, I would lose motivation to try. If you're beyond trying, you've become part of the problem and not the solution.


+1
pdxstogieman Offline
#8 Posted: Sun, Sep 2 2012, 2:20 PM EST
Joined: 10-04-2007
Posts: 5,219
The American taxpayer is being worked by the criminal enterprise that is the global banking and finance cartel.

http://www.rollingstone.com/politics/news/the-scam-wall-street-learned-from-the-mafia-20120620

http://www.rollingstone.com/politics/blogs/taibblog/why-is-nobody-freaking-out-about-the-libor-banking-scandal-20120703

Politicians on both sides of the aisle are helping their owners extract huge sums of cash from your wallets.

Those who think that the government is the only entity that taxes you are wrong. The banking and finance scum
are levying a significant defacto tax on the public to fund their yachts, mansions, and big lunches.

CWFoster Offline
#9 Posted: Sun, Sep 2 2012, 2:32 PM EST
Joined: 12-12-2003
Posts: 5,414
pdxstogieman wrote:
The American taxpayer is being worked by the criminal enterprise that is the global banking and finance cartel.

http://www.rollingstone.com/politics/news/the-scam-wall-street-learned-from-the-mafia-20120620

http://www.rollingstone.com/politics/blogs/taibblog/why-is-nobody-freaking-out-about-the-libor-banking-scandal-20120703

Politicians on both sides of the aisle are helping their owners extract huge sums of cash from your wallets.

Those who think that the government is the only entity that taxes you are wrong. The banking and finance scum
are levying a significant defacto tax on the public to fund their yachts, mansions, and big lunches.



And THAT my friend was why Andrew Jackson KILLED the Bank of the United States! Whatever his faults, he paid off the National debt (probably for the ONLY time in our history, so when you hear about the debt since the country was founded, it's actually the debt since Jackson was President) and killed the Central bank. And GUESS who brought it back? The Republicans? NO Woodrow Wilson was a DEMOCRAT! Who do the Wall Street fat cats predominantly donate to? Romney, one of their own? NO, OBAMA! he's the one they can count on for bailouts!
pdxstogieman Offline
#10 Posted: Sun, Sep 2 2012, 5:32 PM EST
Joined: 10-04-2007
Posts: 5,219
CWFoster wrote:
And THAT my friend was why Andrew Jackson KILLED the Bank of the United States! Whatever his faults, he paid off the National debt (probably for the ONLY time in our history, so when you hear about the debt since the country was founded, it's actually the debt since Jackson was President) and killed the Central bank. And GUESS who brought it back? The Republicans? NO Woodrow Wilson was a DEMOCRAT! Who do the Wall Street fat cats predominantly donate to? Romney, one of their own? NO, OBAMA! he's the one they can count on for bailouts!


If you think Republican politicians aren't co-opted into compliance with the wishes of the banking and financial industry as well, then you just aren't paying attention. You think Romney is not the friend of Wall Street and the friend of Main Street? He's just another Gordon Gekko preying mantis corporate raider AHOLE. Both parties are bought and owned by the same players. Romney will just be more aggressive at funneling money to the military industrial complex, not that Obama has been able or willing to do anything to rein in defense spending . You're an idiot if you can't look past the partisan bullsh1t to see that the political process is all about ownership and both candidates are owned. Romney will just tilt the debt more one sidedly toward the war state and trash any social safety net programs.

Before Obama signed any bailouts, GW Bush was pleading at the end of his second term for congress to approve the same damn thing. No moral high ground for the Republicans. Keep shilling for them though. Were you paid by the RNC or some superpac to spew GOP partisan BS on line? Save your keystrokes. You're preaching primarily to the choir in here.
CWFoster Offline
#11 Posted: Sun, Sep 2 2012, 6:36 PM EST
Joined: 12-12-2003
Posts: 5,414
pdxstogieman wrote:
If you think Republican politicians aren't co-opted into compliance with the wishes of the banking and financial industry as well, then you just aren't paying attention. You think Romney is not the friend of Wall Street and the friend of Main Street? He's just another Gordon Gekko preying mantis corporate raider AHOLE. Both parties are bought and owned by the same players. Romney will just be more aggressive at funneling money to the military industrial complex, not that Obama has been able or willing to do anything to rein in defense spending . You're an idiot if you can't look past the partisan bullsh1t to see that the political process is all about ownership and both candidates are owned. Romney will just tilt the debt more one sidedly toward the war state and trash any social safety net programs.

Before Obama signed any bailouts, GW Bush was pleading at the end of his second term for congress to approve the same damn thing. No moral high ground for the Republicans. Keep shilling for them though. Were you paid by the RNC or some superpac to spew GOP partisan BS on line? Save your keystrokes. You're preaching primarily to the choir in here.


Nobody pays me at all, except maybe you the taxpayer. I was one of those 'Military Industrial Complex' employees until January, when ahead of the upcoming Sequestration, I got LAID OFF! NOW you're paying me via Emergency Unemployment Compensation! At least when I worked for the Military Industrial Complex, you were GETTING something for your money! Bush was a Republican, but he was no conservative. Romney is no conservative either, 80% of the rank and file GOP wanted anyone else, but because they couldn't agree on who "anyone else" should be, we got stuck with Romney. Don't blame me, I was a Cain supporter until that wench from David Axlerods building started making accusations. Every time somebody comes along who ISN'T "one of the Boy's" approved by the bankers, the George Soro's, and the Warren Buffets, they get destroyed before a ballot get's cast, AND WE THE PEOPLE STAND THERE AND CLUCK OUR TONGUES AND LET IT HAPPEN! Here's a concept for you, next time you open uyour stinking pie hole accusing someone of being paid by a GOP super pac, why don't you check and see if they have a clue how they're going to pay this months RENT! I do NOT want my unemployment benefits extended I want my job building fighter jet radars back!
pdxstogieman Offline
#12 Posted: Mon, Sep 3 2012, 8:55 AM EST
Joined: 10-04-2007
Posts: 5,219
CWFoster wrote:
Nobody pays me at all, except maybe you the taxpayer. I was one of those 'Military Industrial Complex' employees until January, when ahead of the upcoming Sequestration, I got LAID OFF! NOW you're paying me via Emergency Unemployment Compensation! At least when I worked for the Military Industrial Complex, you were GETTING something for your money! Bush was a Republican, but he was no conservative. Romney is no conservative either, 80% of the rank and file GOP wanted anyone else, but because they couldn't agree on who "anyone else" should be, we got stuck with Romney. Don't blame me, I was a Cain supporter until that wench from David Axlerods building started making accusations. Every time somebody comes along who ISN'T "one of the Boy's" approved by the bankers, the George Soro's, and the Warren Buffets, they get destroyed before a ballot get's cast, AND WE THE PEOPLE STAND THERE AND CLUCK OUR TONGUES AND LET IT HAPPEN! Here's a concept for you, next time you open uyour stinking pie hole accusing someone of being paid by a GOP super pac, why don't you check and see if they have a clue how they're going to pay this months RENT! I do NOT want my unemployment benefits extended I want my job building fighter jet radars back!


Newsflash. We've got enough fighter jet radar and we can't afford to buy any more because we've got no money for it. The corporate welfare make work bubble of the defense industry propped up by the fear mongering of your previous employers and customers, the forced largess of the taxpayers, and the lending power of China, is going to have to go on a fiscal diet to keep it's bloated self from swallowing us whole.

Go do what I did when the cyclical defense industry had to be pared back, use any marketable skill you may have acquired and go find a job doing something there's an actual demand for in another industry. Or are you only capable of sucking on the government teat by proxy that is the defense industry. Taking other people's money so that someone like you can have a job making something we don't need is SOCIALISM.
cwilhelmi Offline
#13 Posted: Mon, Sep 3 2012, 9:31 AM EST
Joined: 07-24-2001
Posts: 2,739
pdxstogieman wrote:
Newsflash. We've got enough fighter jet radar and we can't afford to buy any more because we've got no money for it. The corporate welfare make work bubble of the defense industry propped up by the fear mongering of your previous employers and customers, the forced largess of the taxpayers, and the lending power of China, is going to have to go on a fiscal diet to keep it's bloated self from swallowing us whole.

Go do what I did when the cyclical defense industry had to be pared back, use any marketable skill you may have acquired and go find a job doing something there's an actual demand for in another industry. Or are you only capable of sucking on the government teat by proxy that is the defense industry. Taking other people's money so that someone like you can have a job making something we don't need is SOCIALISM.


But we only spend as much as the next 27 nations combined on defense... that is not nearly enough. That is why we should cut medical and safety net programs where we are doing so well. 37th in healthcare with the most expensive cost of care and 2nd from the bottom in children in poverty with only Romania being worse.

Sarcasm

Supporting links.
http://en.wikipedia.org/wiki/List_of_countries_by_military_expenditures

http://www.nejm.org/doi/full/10.1056/NEJMp0910064
http://www.unicef-irc.org/publications/pdf/rc10_eng.pdf
HockeyDad Offline
#14 Posted: Mon, Sep 3 2012, 9:40 AM EST
Joined: 09-20-2000
Posts: 46,187
cwilhelmi wrote:
But we only spend as much as the next 27 nations combined on defense... that is not nearly enough. That is why we should cut medical and safety net programs where we are doing so well. 37th in healthcare with the most expensive cost of care and 2nd from the bottom in children in poverty with only Romania being worse.



Killing brown people isn't cheap.
pdxstogieman Offline
#15 Posted: Mon, Sep 3 2012, 10:41 AM EST
Joined: 10-04-2007
Posts: 5,219
HockeyDad wrote:
Killing brown people isn't cheap.


There's plenty of waste involved. If we'd just allow the private sector to do this work, eliminating inherent inefficiencies and mission overlap, the cost per brown person killed could be cut by at least 37%.
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