Federal Reserve gave $16 trillion in secret bank bailouts v.partialaudit

[Rachel.]

pretty sure they aren't even loans

BoA is probably going to need another bailout soon, do you really think they've paid any of that 1.3 trillion back?

 

[Amers]

thats because you are using logic and our financial system has nothing to do with logic

 

[D_M]

When institutions can socialize their risk across the broad expanse of the taxpaying public, these institutions are given incentive to be less cautious and more reckless than they would otherwise be.

 

[Angry Little Fairy]

http://www.presstv.com/usdetail/196399.html

 

[k.liley]

exactly, and in recent years the Fed has increasingly been purchasing a large percentage of US Treasuries

we're buying our own debt

 

[smartcheerleader71377]

whats the title of the thread you are posting in again?

and it was oct 2008 fyi

did you think this happened last week or something?

 

[RIP MJ (miss you)]

Where is that faggot Rev when he's needed

 

[safia k]

and in our system, incompetent people always keep their jobs, or are promoted

 

[Salsa Jo]

[No message]

 

[KatrinaP]

And what are you going to do about it?

 

[Emma D]

thats not a nuraber

 

[Rhylie and Paiyden]

aaaaaaaaaand now you're just trolling.

we're done here.

 

[The Dragonslayer]

buying government bonRAB != printing money

 

[mikeymagic]

[No message]

 

[Gigajak]

cheap debt nigga, dealwithit

 

[Kennith C]

lets argue technicalities!

reminRAB me of when billy the kid used to argue in diacf that the Fed didn't have the power to create new money because technically the US Treasury is the one that prints it

 

[TG!]

breaking news

 

[DenizenofEvil]

THOSE WHITE MOTHERFUCKERS

 

[♥laNoviaDeTito♥]

[No message]

 

[Gigglygyal]

interest on the debt is probably around 200-250 billion a year. I'd gather around 10-12%?