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Federal Reserve:Unchecked powers
http://www.sabresjunkie.com/forum/viewtopic.php?f=12&t=6682
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Author:  ksquier89 [ Mon Nov 28, 2011 5:04 pm ]
Post subject:  Federal Reserve:Unchecked powers

http://bottomline.msnbc.msn.com/_news/2011/11/28/9067808-fed-lent-banks-nearly-8-trillion-during-crisis-report-shows

While the nation's largest banks were publicly reassuring nervous investors of their stability during the height of the financial crisis, they were also quietly approaching the Federal Reserve, hat in hand. The total price tag: $7.77 trillion, many times the amount of the better-known TARP bailout.

This shit has got to end right.fucking.now.

Did we back the money we lent out? My guess is no. Rapid inflation is right around the corner if we continue to print money willy nilly.

Author:  BlueandYellow [ Mon Nov 28, 2011 6:31 pm ]
Post subject:  Re: Federal Reserve:Unchecked powers

ಠ ̯̯͡͡ಠ

Author:  ksquier89 [ Mon Nov 28, 2011 7:17 pm ]
Post subject:  Re: Federal Reserve:Unchecked powers

We are seriously fucked.

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