Quantcast
Feeds: Email, RSS & Twitter

Get Our Videos By Email

 

8,300 Unique Visitors In The Past Day

 

Powered by Squarespace

 

Search The Archive Of 15,000 Videos

SEARCH THE DAILY BAIL

 

 

Hank Paulson Is A Criminal - Pass It On

"The Federal Reserve Is A Ponzi Scheme"


Get Our Videos By Email

THE FED UNDER FIRE: Must See Clip

Bernanke's Replacement: Happy Hour In Santa Cruz

Must See: National Debt Road Trip

"Of Course We're Not Going To  Payback the Chinese."

Dave Chappelle On White Collar Crime

Carlin: Wall Street Owns Washington

SLIDESHOW - Genius Signs From Irish IMF Protest

SLIDESHOW - Airport Security Cartoons - TSA

Most Recent Comments
Cartoons & Photos
SEARCH
« The Disclosure | Main | Video: Athens on Fire - Cars torched in fierce Greece street battle »
Tuesday
Dec072010

FED's $100 Billion Problem - Bernanke's Bad Benjamins

Video - Bernanke's Bad Benjamins

They can't even run the printing presses correctly.

---

A printing problem with the new high-tech $100 bills has forced government printers to shut down production - and to quarantine more than one billion of the notes.  The flawed notes represent more than ten per cent of the U.S. currently on the entire planet.  They are being stored in giant vaults at Fort Worth in Texas and in Washington, DC, as the Federal Reserve desperately tries to resolve the problem.

Meanwhile printers have begun reprinting the old $100 notes - without the high-tech security features and still bearing the signature of George W Bush's treasury secretary, Hank Paulson - in order to prevent a cash flow crisis.  With the holiday shopping season in full swing, authorities are scrambling to do everything they can to keep U.S. cash flowing.  'There is something drastically wrong here,' one source told CNBC. 'The frustration level is off the charts.'

 

PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments (4)

Bank of America Promises to Meet Bailout Requirement, But Challenges Remain

http://www.huffingtonpost.com/2010/12/06/bank-of-america-bailout_n_792438.html
Dec 7, 2010 at 7:48 PM | Registered CommenterDailyBail
At a news conference headlined by Attorney General Eric H. Holder, authorities unveiled "Operation Broken Trust," a collection of unrelated criminal and civil cases involving Ponzi schemes, foreign currency frauds, investment scams and other market cons.

Authorities said the operation involved 343 defendants facing criminal charges and 189 facing civil charges, though some will be counted in both categories. The cases represent more than $8.3 billion in investor losses and 120,000 victims.

http://www.washingtonpost.com/wp-dyn/content/article/2010/12/06/AR2010120603152.html?hpid=topnews

Dec 7, 2010 at 7:50 PM | Registered CommenterDailyBail
Dec 7, 2010 at 9:26 PM | Registered CommenterDailyBail
Exclusive: The unseen photographs that throw new light on the First World War

A treasure trove of First World War photographs was discovered recently in France. Published here for the first time, they show British soldiers on their way to the Somme. But who took them? And who were these Tommies marching off to die?

http://www.independent.co.uk/news/world/europe/exclusive-the-unseen-photographs-that-throw-new-light-on-the-first-world-war-1688443.html
Dec 7, 2010 at 9:28 PM | Registered CommenterDailyBail

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
All HTML will be escaped. Hyperlinks will be created for URLs automatically.