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Started By
Message
re: The Federal Reserve is running huge losses. Who pays for it?
Posted on 11/29/23 at 11:55 am to Westbank111
Posted on 11/29/23 at 11:55 am to Westbank111
quote:The FDIC doesn't make loans.
FOR EVERY $1 physically in deposits at FDIC banks by the citizens, the FDIC loans out $9-10 in FIAT MONEY
Being called an idiot by you is a compliment.
ETA:
quote:Res ipsa loquitor...
your the idiot here!
This post was edited on 11/29/23 at 11:59 am
1
Posted on 11/29/23 at 11:57 am to dakarx
quote:Who is "they"? And what do you mean by "federalize"?
Why do you think they want to federalize our 401K's?
Posted on 11/29/23 at 12:08 pm to LSURussian
quote:
Who is "they"? And what do you mean by "federalize"?
My exact response to that post.
Keep up the good fight!
Posted on 11/29/23 at 12:53 pm to Westbank111
quote:
6. Same Fed that is controlled by the MIC that encourages wars to print money, buy military equipment, give to territory countries “Afghanistan” and many others. OR TO declare wars and go blow some shite up aka “IRAQ” and then print more money and put Halliburton on payroll to “Country Rebuild”
6. Or Lastly, but certainly not all Of the scams it creates (too many to type & too many for your illiterate brain to underatand), but YOU MAY ASK YOURSELF “why do we print money and send to some shithole 3rd world country in Africa”???
The Fed doesn't print money. The Treasury does.
Take a civics class and put down the Jeckyl Island propaganda.
Posted on 11/29/23 at 1:10 pm to Westbank111
quote:
The FED IS THE BIGGEST CRIME to the USA & it’s not even close!
Thank You!!
Posted on 11/29/23 at 1:14 pm to LSURussian
quote:
quote:
Why do you think they want to federalize our 401K's?
Who is "they"? And what do you mean by "federalize"?
This thread is mostly a bunch of "End the Fed", tinfoil illiterates.
Posted on 11/29/23 at 1:18 pm to Westbank111
quote:Oh my.
Russian, you’re a known idiot on this board!
FYI, Russian is as rock solid a poster on financial matters as you could possibly hope to come across here.
Posted on 11/29/23 at 1:19 pm to Big Chipper
quote:
The Fed doesn't print money
Where do they get the money to buy up trillions in securities?
Posted on 11/29/23 at 1:22 pm to stuntman
quote:Venmo...
Where do they get the money to buy up trillions in securities?
Posted on 11/29/23 at 1:24 pm to LSURussian
Help me understand Russian. Who venmo's them the money?
Posted on 11/29/23 at 1:25 pm to stuntman
quote:PayPal
Help me understand Russian. Who venmo's them the money?
Posted on 11/29/23 at 1:29 pm to cwill
quote:
This thread is mostly a bunch of "End the Fed", tinfoil illiterates.
Yep, you sound pretty excited about paper money (fiat currency) transitioning to digital and who knows what thereafter. Whatever it takes to keep a semblance of value.
Meanwhile, lets keep the people stupid so they know not what we really do! After all, with control of the money supply, who cares what laws they make!!
Posted on 11/29/23 at 1:35 pm to Timeoday
quote:You've got a head start on most people...
Meanwhile, lets keep the people stupid
This post was edited on 11/29/23 at 1:38 pm
Posted on 11/29/23 at 1:37 pm to stuntman
quote:Is the Federal Reserve printing money in order to buy Treasury securities?
The Fed doesn't print money
Where do they get the money to buy up trillions in securities?
Posted on 11/29/23 at 1:45 pm to LSURussian
The lawmakers that are deeply tied to the FED forced FDIC banks thru “everyone should own a house BS policy”, to make favorable loans to folks that couldn’t spell credit! And if your not aware of that, so your research punk!
If it was such good policy, why was the loose funding practices flipped upside down IN OPPOSITE DIRECTION after the collapse & bailouts in 2008’ish?
Why was the Federal Gov’t policies pushing FDIC banks to make these loans? Do you think it’s smart to lend $110,000 on a house in New Orleans hood that’s worth $90,000, with an over-inflated appraisal where a person with a 400 credit score gets money back at the closing? Or did you even know this gappened??? It happened all across the country you PUNK!
Why did the same FED bailout every major financial institution (Wells Fargo, Chase etc)
I’m a small business owner, & if I make bad decisions, I don’t get “bailouts”!!! It’s all by design, create financial bubbles that collapse so they can bail it out! Are you cool with deficit spending? Are you cool with Americans paying more in taxes than they actually take home? When you add up all the taxes, that’s whats happening!
Why did we blame the CEO’s of these financial institutions and then give them golden parachutes worth hundreds of millions when they resigned?
You are an idiot that’s always on here defending your communist utopian ideologies and policies!
Your either on Welfare or your part of the system that’s bankrupting America (maybe a trial lawyer pushing frivolous lawsuits left and right), but I doubt that as you are your not smart enough for that arena, so which is it?
You’ll be one of the ones in a fetal position When THE SHTF!
If it was such good policy, why was the loose funding practices flipped upside down IN OPPOSITE DIRECTION after the collapse & bailouts in 2008’ish?
Why was the Federal Gov’t policies pushing FDIC banks to make these loans? Do you think it’s smart to lend $110,000 on a house in New Orleans hood that’s worth $90,000, with an over-inflated appraisal where a person with a 400 credit score gets money back at the closing? Or did you even know this gappened??? It happened all across the country you PUNK!
Why did the same FED bailout every major financial institution (Wells Fargo, Chase etc)
I’m a small business owner, & if I make bad decisions, I don’t get “bailouts”!!! It’s all by design, create financial bubbles that collapse so they can bail it out! Are you cool with deficit spending? Are you cool with Americans paying more in taxes than they actually take home? When you add up all the taxes, that’s whats happening!
Why did we blame the CEO’s of these financial institutions and then give them golden parachutes worth hundreds of millions when they resigned?
You are an idiot that’s always on here defending your communist utopian ideologies and policies!
Your either on Welfare or your part of the system that’s bankrupting America (maybe a trial lawyer pushing frivolous lawsuits left and right), but I doubt that as you are your not smart enough for that arena, so which is it?
You’ll be one of the ones in a fetal position When THE SHTF!
Posted on 11/29/23 at 1:55 pm to Westbank111
quote:
FED forced FDIC banks thru “everyone should own a house BS policy”
quote:Your reference is to Fannie/Freddie, and terrible management. How does that tie to the Fed though?
If it was such good policy, why was the loose funding practices flipped upside down IN OPPOSITE DIRECTION after the collapse & bailouts in 2008’ish?
FWIW, home ownership has long proven to be the middle class's most lucrative investment. Clintonomics mistakenly theorized extending an opportunity for home ownership to the underprivileged could help them.
Posted on 11/29/23 at 1:56 pm to Westbank111
quote:Examples?
Why did we blame the CEO’s of these financial institutions and then give them golden parachutes worth hundreds of millions when they resigned?
Posted on 11/29/23 at 1:58 pm to Westbank111
quote:What do you mean by "FDIC banks"?
The lawmakers that are deeply tied to the FED forced FDIC banks
Are you not aware that FDIC stands for "Federal Deposit Insurance Corporation" and that 100% of the commercial banks in the U.S. are covered by the deposit insurance the FDIC provides? Or, that the FDIC was created by an act of congress during the Great Depression of the early 1930's which was 20 years after the Federal Reserve was created by congress.
I think you're confusing FDIC with some other acronym involving banking but you don't know what that other acronym is.
I didn't bother to read the rest of your epistle.
Posted on 11/29/23 at 2:06 pm to Westbank111
quote:
You’ll be one of the ones in a fetal position When THE SHTF!
I wonder if he will continue to post from that position? His daily count is quite high over 225 months.
Posted on 11/29/23 at 2:10 pm to Timeoday
Federal Reserve is a conglomerate of private banks with authority to issue unlimited US $.
Let the banks pay for it, file bankruptcy and purge the corrupt system.
Let the banks pay for it, file bankruptcy and purge the corrupt system.
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