Friday
Aug242012
There Are No Words To Describe The Following Part II
WHO IS KEEPING TRACK OF THE TRILLIONS?
Alan Grayson questions the Inspector General of the Federal Reserve - 05/09/10
Circulate Far and Wide.
Our only hope to stop the heist will come from greater awareness.
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WHO IS KEEPING TRACK OF THE TRILLIONS?
If you're in a hurry, start watching at the 3-minute mark. At issue is the accounting and oversight for $9 trillion in secret Fed bailouts of Wall Street banks, for which taxpayers are ultimately responsible to the tune of $32,000 for every man, woman and child in this country. Fed audit, anyone?
Aug 24, 2012 at 3:44 PM
Reader Comments (677)
E. Holder is right on it. Possibly you are too wet behind the ears to have enough experience to see what is going on. Hopefully the whole country won't go down the tubes before next year's elections. People are fed up with what is going on. Obama spoke of change but I feel like a lot of people the change we see next year will be much more beneficial to the country than what he has tried to institute.
England has a law that if you sue someone and do not win, you have to pay all the legal fees of the entity you sued, courtroom usage, yes, even the toilet paper used. People rethink before suing. This is bad for people with limited means, but it does help to keep courts less crowded.
England has socialized medicene and it is not successful; especially for older people. The same in Norway, Sweden and Canada.
I have researched considerably the Health Care Bill being fostered on us . . . as the glorious answer to everything we 'suckers' might acquire. The public as a whole does not take care of their health through proper diet, rest, lifestyle . . . My guess is that most of them are of the 'entitlement rights citizens' mentality . . . they do not research before voting . . . some can't read but vote with questionable helpers deciding for them. Trust me, you do not want this put into law; I could mention numerous items that are just plain bad for quality health care.
Let's fix what is broken . . . I have a relative who had to move back to California from Arizona after they found out they couldn't get insurance coverage on their policy from Arizona. Below are some suggestions to enforce before turning over this fiasco to the 'enlightened ones' in Washington.
No. One: Make our insurance coverage available whatever we are.
No. Two: Doctors should not have to pay extreme amounts in insurance for protection from unresonable claims.
No. Three: Put a limit on what can be claimed in suing medical related - - - doctors, hospitals, pharmacy related, etc.
No. Four: Insurance companies cannot refuse anyone.
No. Five: Let doctors . . . not the nerd at the insurance front desk . . . decide what you will be allowed to receive in medical services
Let's get the above corrected and into practice. This will take awhile to fix
http://groups.google.com/group/soc.politics/browse_thread/thread/f0c72ff447d731b7/dc5fa07491817994?hl=en&q=group:soc.politics#dc5fa07491817994
it's a shame that we have such selfish and stupid people in the elected positions. it's too bad white collar crime does not get you as much jail time as marijuana possession.
we will be a third world country before most of you 'try' and retire... its a shame... a damn shame. i am disgusted by what our government is doing to our country.
What a waste of time! You will NEVER get answers with 5-minute sound bytes that do nothing but provide face time for politicians. Pool your resources and yield time to someone capable of digging for answers!
And just look at this place ...it's a MESS!
Opinions and thoughts strewn all over the floor. Commentaries hanging from the walls. Public discourse stains all over the place (eew.. that IS public discourse, isn't it?).
You listen to me young man. The next time you decide to make merry like that again you BETTER make sure everyone cleans up before leaving!
And I want the keys to the car too, YOU sir are grounded.
IN USA. THIS "INSPECTOR" INSPECTS WHAT?????? SHE DID NOT HAVE ONE SI NGLE ANSWER. SOUNDS LIKE A PRETEND INSPECTOR.
Let those crooked banks go belly up. The taxpayers don't know where their $$ is going and no one intends to give them an answer. All those bonuses given to bank officials who were FAILURES? And WHY???? OPEN NEW BANKS AND PUT ALL ON NOTICE: AMERICA WILL GET TRANSPARENCY. BANKS WILL BE ANSWERABLE TO THE PEOPLE OF USA
AMERICA PAYS FOR SUCCESS ONLY! IF YOU FAIL, YOU PAY! GOT THAT?
are submitted to be:
1. The creation of credit/money via T-securities in the amount of the principal of the security, with a promise to repay the principal PLUS the interest, is impossible. The interest has never been created; the debt is perpetual and must continually be increased or it will collapse. Any contract based upon an impossibility is an act of fraud and is void from its inception. The operation is, as in any Ponzi scheme, predestined for inherent national bankruptcy when buyers of the debt cannot be found.
2. The operation by the Fed and Congress transfers wealth from the people to financiers. The example reveals how all funds (created via the printing press as fiat money) become an asset of the Fed. Not only does the Fed receive the interest (if not sold), but also the value of the security upon maturity (or by sale)---without any risk or consideration. Congress has temporary access to the fiat money (until maturity).
Sorry for the split post. Did not mean to spam, I just have spastic fingers.
$12,000,000,000,000
......fed up
No you 'aven't, we 'ave..................UK Moonbeam
Trillion = 1,000,000,000,000.
The country has not existed for a trillion seconds.
...But WAIT! there is more.
The next time you read in the papers something about a trillion dollars, consider that that number represents a-dollar-a-second for 31,500 years, from the age of mastodons and woolley mammoths all the way down to the present!”...so for $12,000 000 000 000.multiply that by 12.................Good Innit! I
must go and 'ave a lay down.
I completely agree. At least the USA don't rig the elections with postal voters like ours do.
Actually, you don't have to rig the elections if you own the politicians. The candidates in the U.S.A. sell out way before the elections. We have the most corrupt government money can buy.
But surely the Treasury can hire lots and lots of money printing machines and print huge amounts of money 24 hours a day seven days a week ...........That should do it!........ Doesn't take Einstein you know, and I am not even a financial expert.!
This money they print is backed by what? For every dollar that is printed, the federal gold reserve must have the corresponding value of gold or that dollar is no more than a worthless piece of scrap paper. USA still uses gold as a basis for their currency value.
Our own UK pound is not backed by gold but by debt, (even though we will never see a red cent of all these "loans" we are sending overseas again so it's never going to work). Government call it "foreign aid", most people call it a scam to bleed our country dry and leave us penniless. Since our government is cutting our services to the bone in order to pay this "foreign aid" guess who is right? If you're still guessing, here's a clue: It isn't the government.
However, I was unaware that the USA had also done it. Seems like the rest of the world is sucking the West dry of money, taking loans thay have no intention nor financial grounding to pay back.
I do know who Mr.Brown is, and I remember the gold sale as well. Not only did the U.S. leave the gold standard, it confiscated all privately held gold in the nation that it could find. The "privilege" not right, to own gold was restored to U.S. citizens on the 15th August 1974. A "privilege" that can still be denied again...
Then confiscations will again rule the day.
The two of you should probably check out the home page for the Dailybail, they tend to post a lot of stuff on the financial frauds.
http://www.safehaven.com/article/14339/why-did-the-us-government-confiscate-gold-in-1933-and-can-it-happen-again-part-3
"I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."
Thomas Jefferson
A friend sent this to me and it has really, really, opened up a whole can of worms.
I don't understand where the money came from, where it was supposed to go, or why it is a big deal that the lady didn't know off the top of her head where the money went. The average American isn't going to care or understand either. The average American is more interested in why the Dallas cowboys did so poorly this year. Oooh, the Heat beat the Raptors. The Hornets beat the Blazers. That's all we care about.
As far as that E. Holder guy who claimed that Obama is a Muslim, LOL, I hope Obama f***ing is a Muslim. I'd laugh my a*s off.
I mean, if Obama turns out to be a Kenya born, Trotsky communist, Muslim, dope smoking, homo, I'd roll on the floor laughing, and then I'd go vote for him in 2012. I hope he is.
I mean, I don't know what an "off-balance sheet transaction" is. I'm just a cubicle sheeple driving a used Toyota Camry and with 3,000 in the bank.
I mean, before seeing this video, I didn't even know that there was such a thing as Office of Inspector General. I still don't know what it is other than it is supposed to investigate fraud. And hey! if she says that they are investigating it, then I guess that's good enough for me. They just haven't finished yet.
Hey! Don't worry folks. If the economy gets too bad, we can just bomb some other country. That will make us feel better.
And as for terrorism, don't worry. We're torturing people and bombing their villages. That will make people love us. Then terrorism will stop.
We can always have the CIA overthrow some poor country's government and replace it with a dictator that will give his country's resources to us cheap. That's worked for us in the past.
The only thing that makes me mad is when my pizza is late, or when my chubby girlfriend's kid is making too much noise.
Ronald Reagan and Fox news have made it very clear: all of the country's economic problems are because of hand-outs to the lazy poor people. It's simple. The rich are good and deserve to have money. The poor are bad, and deserve to be poor. We need to be happy for the rich because Jesus loves them more, and it is a sin to take away their money through taxes, or to complain about anything they do. We should consider ourselves lucky that we have the privilege of being ruled by them with all their wisdom and goodness.
I say, "Well All Right ! We're number one!"
Problem is W.Jack we're not number one.
The elite are number one, we don't get a number. We are the Great Unwashed, the Useless Eaters, the Unintelligent Masses or other derogatory descriptions the real number ones use to describe us.
If they have their way, gas for your Toyota will be $36.00 a gallon, if you want your pizza on time the delivery guy will expect a $30.00 tip and the pizza will cost $50.00. Your wages, if your still getting any won't be increasing but the cost of everything else will be unbelievable. I imagine your chubby girlfriend and her kid will both be making lots of noise when there's nothing to eat because you can't afford groceries.
If we don't make the number ones make some big changes we are in deep s**t.