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Old 03-17-2008, 12:35 PM   #21 (permalink)
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Originally Posted by Kanadesaga View Post
No, it is gambling. You couch it in terminology to obfuscate and bewilder, this allows criminal activity. and isn't this just indictive that capitialism, in and by itself is a corrupt and unsustainabe economic system, if the government has to continually intervene to protect anyone. fuck if I can't pay my bills, like Bear couldn't pay theirs, the government don't bail my ass out. Especially if I spent all my money on hookers and blow. Sure as hell don't sound like "free market" to me.
You didn't read one word of what was said...the FED is NOT the GOVERNMENT!

If you want to believe whatever you want about the stock-market instead of learning about it and understanding how it works so it can benefit you fine....that's your prerogative.
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Old 03-17-2008, 12:37 PM   #22 (permalink)
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They like many, many big corps got us by the balls....... If you got balls on the table or not........

They make millions upon millions......... IF they go down we lose & they still make millions..........

IF they let them go under we will suffer............ We will suffer "less" if they stay afloat & possibly take the whole thing down w/ them........

It is nice how things work when your on top.......
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Old 03-17-2008, 12:39 PM   #23 (permalink)
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Originally Posted by Kanadesaga View Post
No, it is gambling. You couch it in terminology to obfuscate and bewilder, this allows criminal activity. and isn't this just indictive that capitialism, in and by itself is a corrupt and unsustainabe economic system, if the government has to continually intervene to protect anyone. fuck if I can't pay my bills, like Bear couldn't pay theirs, the government don't bail my ass out. Especially if I spent all my money on hookers and blow. Sure as hell don't sound like "free market" to me.
If you want to complain about mismanagement of the bank's operation or how Jr. fucked up the economy that's one thing. But the Fed dollars aren't coming from taxpayers. And understand the money in Bear Stearns isn't their own rather their clients, including ordinary tax payers.
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Old 03-17-2008, 12:42 PM   #24 (permalink)
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Originally Posted by DRS112 View Post
You didn't read one word of what was said...the FED is NOT the GOVERNMENT!

If you want to believe whatever you want about the stock-market instead of learning about it and understanding how it works so it can benefit you fine....that's your prerogative.
the Federal Reserve is an independent entity. I get that. and the money it distributes with such abandon of late comes from?
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Old 03-17-2008, 12:44 PM   #25 (permalink)
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Originally Posted by The_Heretic View Post
If you want to complain about mismanagement of the bank's operation or how Jr. fucked up the economy that's one thing. But the Fed dollars aren't coming from taxpayers. And understand the money in Bear Stearns isn't their own rather their clients, including ordinary tax payers.
I understand that that it is private investor's money at stake. and the money from the Fed comes from?
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Old 03-17-2008, 12:44 PM   #26 (permalink)
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I understand that that it is private investor's money at stake. and the money from the Fed comes from?
From the fed.
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Old 03-17-2008, 12:47 PM   #27 (permalink)
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the Federal Reserve is an independent entity. I get that. and the money it distributes with such abandon of late comes from?
Out of thin air.

When this nation was started, it was founded on a monetary system of fixed value. The dollar is, as originally defined, a weight measure of silver, 371.25 grains, to be exact. Our American silver dollars are actually heavier, since other metals were added for durability. But that 371.25 grains of silver WAS the dollar, matching in weight an unbroken chain of accepted monetary units that reached back through the Spanish Milled Dollar, the Dutch Daller, back to the German Thaler; the product of a silver mine which sold its product in coins of an exact weight. The Coinage Act of 1792 defined our dollar to exactly match in weight the silver dollars in use around the world, and then defined the gold dollar to be that amount of gold which would equal the worth of silver in a silver dollar, 24.75 grains, 1/15 the weight of the silver in a silver dollar.

When you, as a citizen, hold a silver dollar or a gold dollar in your hand, you hold that actual worth of metal. Nothing the government can do can change the worth of the money in your control.

But greedy bankers and corrupt politicians pulled a fast one over Christmas holiday back in 1913, suspended the requirement for a Quorum, and voted in the Federal Reserve Act. Later that same year, the 16th Amendment was falsely declared ratified, allowing a direct non-apportioned tax on the income of Americans, to cover the coming debts.

The swindle of the system is simple. The Federal Reserve Bank hires the US Treasury to print up some money. The Federal Reserve only actually pays the treasury for the cost of the printing, they do NOT pay $1 for each 1$ printed. But the Federal Reserve turns around and loans out that money (or credit line) to banks at full face value, those banks which have exhausted their deposits then loan that Federal Reserve fiat money to you, and you must repay it in the full dollar value (plus interest) in work product, even though the Federal Reserve printed that money for pennies, or created it out of thin air in a computer.

As the Federal Reserve overprints more money, the money supply inflates, and too much money starts chasing too few goods and services, which means prices go up. But contrary to the charade put on by the Federal Reserve, inflation doesn't just come and go due to some arcane sorcery. The Federal Reserve can halt inflation any time it wants to by simply shutting down those printing presses. It therefore follows that both inflation and recession are fully under the control of the Federal Reserve. This means the cycle of inflation and recession is an intentional one; a gigantic heartbeat that pumps paper certificates out to the working class, while pumping real wealth in to the owners of the banks.
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Old 03-17-2008, 12:48 PM   #28 (permalink)
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Originally Posted by BillCosby View Post
They like many, many big corps got us by the balls....... If you got balls on the table or not........

They make millions upon millions......... IF they go down we lose & they still make millions..........

IF they let them go under we will suffer............ We will suffer "less" if they stay afloat & possibly take the whole thing down w/ them........

It is nice how things work when your on top.......
My point exactly. Let's foreclose on the CEOs and management fuckups who caused this mess. and somewhere down the line you know someone is making money on all this.
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Old 03-17-2008, 12:48 PM   #29 (permalink)
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From the fed.
I think what he's asking is where does the Fed get it, and you'd have to dig through their investment records to see whose money they hold alongside where and how that money is invested plus what returns they got for those investments.

More auditting that I feel like doing anyway.
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Old 03-17-2008, 12:49 PM   #30 (permalink)
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From the fed.
they create it out of thin air? Nice fucking work. How come I can't? what makes them so special?

Last edited by Kanadesaga; 03-17-2008 at 12:59 PM.
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