- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Who is going to be watching the ticker all day?
Posted on 12/19/18 at 7:09 am
Posted on 12/19/18 at 7:09 am
Pretty sure I’m going to be watching intently today. The day the Fed has to soft land this ship with the President sniping from the twitterverse. This is going to be pure gold.
And it’s early signing day for LSU so I’ll have the recruiting board open all day too.
And it’s early signing day for LSU so I’ll have the recruiting board open all day too.
Posted on 12/19/18 at 7:48 am to UpstairsComputer
I am not.
quote:Nothing good comes from the president publicly persuading the Fed to do anything.
The day the Fed has to soft land this ship with the President sniping from the twitterverse.
Posted on 12/19/18 at 8:51 am to PearlJam
quote:
Nothing good comes from the president publicly persuading the Fed to do anything.
Well when the President understands economics and the Fed is purposefully trying to tank the economy I think his comments are warranted.
Posted on 12/19/18 at 9:39 am to OleWarSkuleAlum
You’re an absolute moron if you think the Fed is trying to “tank” the economy.
Posted on 12/19/18 at 9:53 am to OleWarSkuleAlum
quote:
Well when the President understands economics
1. No US president in history has/has had the economic expertise/understanding to give sound guidance to the FED regarding QE
2. The US president has an incentive to prioritize short term economic conditions over long term economic health
Posted on 12/19/18 at 10:13 am to iAmBatman
quote:
You’re an absolute moron if you think the Fed is trying to “tank” the economy.
Okay and I bet you think anyone who believes in the Deep State is an absolute moron too? Open your eyes. These idiots are in bed with the globalists trying to radically change our country.
Posted on 12/19/18 at 10:17 am to OleWarSkuleAlum
Batman is not only a moron but is also a jackass to critical thinkers. Ignore the kid.
Posted on 12/19/18 at 10:49 am to OleWarSkuleAlum
What evidence do you have that supports your assertion that the Fed is trying to tank the economy?
Posted on 12/19/18 at 11:01 am to iAmBatman
You must not know history.
The Fed has ignited every recession and of course the Great Depression. They create (lower fed funds rate) and pull out credit (hike fed funds rate) like turning a faucet on and off. When they send asset prices way down, they along with their international shareholders just buy up things on the cheap. Wash, rinse and repeat all throughout history.
They fleece the masses through the silent kill shot called inflation, hence why the dollar has lost most of its purchasing power and the reason most moms can no longer be homemakers and more and more seniors are having to work longer to make ends meet.
The Fed has ignited every recession and of course the Great Depression. They create (lower fed funds rate) and pull out credit (hike fed funds rate) like turning a faucet on and off. When they send asset prices way down, they along with their international shareholders just buy up things on the cheap. Wash, rinse and repeat all throughout history.
They fleece the masses through the silent kill shot called inflation, hence why the dollar has lost most of its purchasing power and the reason most moms can no longer be homemakers and more and more seniors are having to work longer to make ends meet.
This post was edited on 12/19/18 at 11:17 am
Posted on 12/19/18 at 11:06 am to GenesChin
quote:
1. No US president in history has/has had the economic expertise/understanding to give sound guidance to the FED regarding QE
Not only this, but it's also not in the President's purview to influence the fed, either.
Posted on 12/19/18 at 11:18 am to Hussss
quote:Please identify the Fed's international shareholders and how many shares in the Fed they own. Thanks.
their international shareholders
Posted on 12/19/18 at 11:26 am to LSURussian
Federal Reserve System is owned by its member institutions. Number of shares of each institution is hidden from everyone just as the Fed's books are. But here is the list:
LINK
LINK
Posted on 12/19/18 at 11:42 am to iAmBatman
Isn't Greenspan right now all but saying what the Fed is doing will tank the market?
Posted on 12/19/18 at 11:46 am to zatetic
Yep. How people in their right mind can think these Fed heads have our best interests at heart is flat out baffling to me!
Central banks are for the banks, by the banks and are all about fleecing the "workers."
They WILL set up a new system with even more control over people and you can bet it will be cashless so they can get their cut.
Your SS# or tax ID# is their collateral on you. THEY loan our government all the money it needs with interest attached and WE are on the hook for it. Before the FED, there were NO INCOME TAXES. Only businesses paid taxes.
Central banks are for the banks, by the banks and are all about fleecing the "workers."
They WILL set up a new system with even more control over people and you can bet it will be cashless so they can get their cut.
Your SS# or tax ID# is their collateral on you. THEY loan our government all the money it needs with interest attached and WE are on the hook for it. Before the FED, there were NO INCOME TAXES. Only businesses paid taxes.
This post was edited on 12/19/18 at 11:52 am
Posted on 12/19/18 at 1:04 pm to Hussss
quote:Nah, everyone who knows anything about the Fed knows there is no reason for a "number of shares" list because each member owns ONE share. The amount each member bank pays for its one share is based on its amount of capital.
Number of shares of each institution is hidden from everyone just as the Fed's books are.
Member banks do not share in any of the Fed's profits, which by law must be returned to the U.S. Treasury annually, and have no votes for who will be on the Fed's Board of Governors. The BoG is nominated by the President of the United States and must be confirmed by the U.S. senate.
By buying a share in the Federal Reserve Banks the member banks gain access to the Fed's discount window, wire transfer service, government bond transfer recordkeeping services, currency supply services and its check "clearing" operations.
And the Fed's annual audits by the Governmental Accounting Office, the federal Office of Inspector General and by an outside independent accounting firm (which rotates among the "Big 4" accounting firms, in 2017 the accounting firm used was KPMG*) are made public along with its audited Annual Report ( 2017 Annual Report), including its balance sheet and income statement, proving once again you're clueless in your paranoia.
*Here is an excerpt from the Fed's 2017 Annual Report regarding KPMG's duties:
quote:
The Federal Reserve Board engaged KPMG LLP (KPMG) to audit the 2017 combined and individual financial statements of the Reserve Banks.11
In 2017, KPMG also conducted audits of the internal controls associated with financial reporting for each of the Reserve Banks. Fees for KPMG's services totaled $6.8 million. To ensure auditor independence, the Board requires that KPMG be independent in all matters relating to the audits.
Specifically, KPMG may not perform services for the Reserve Banks or others that would place it in a position of auditing its own work, making management decisions on behalf of the Reserve Banks, or in any other way impairing its audit independence. In 2017, the Reserve Banks did not engage KPMG for significant non-audit services.
Posted on 12/19/18 at 1:13 pm to notiger1997
quote:What just happened?
Boom!
Posted on 12/19/18 at 1:17 pm to Janky
He wasn’t as dovish as the market was hoping for. Although he was rather dovish compared to statements previous to November. They’ve moved the dot plot from 3 hikes next year to 2.
Posted on 12/19/18 at 1:20 pm to Shepherd88
quote:that was a short lived sell off... disappointing.
He wasn’t as dovish as the market was hoping for. Although he was rather dovish compared to statements previous to November. They’ve moved the dot plot from 3 hikes next year to 2.
Back to top

2




