Recession! $53 billion crack in US Financial System | |
Anonymous Coward User ID: 77433864 United States 09/18/2019 06:30 AM Report Abusive Post Report Copyright Violation | Ron Paul and other genuine patriots warned it was coming. No one of any importance in the Government was ever held accountable for the 2008 crash. Government welfare for Wall Street and the MIC continued as usual. The guys at the top got bail outs and a look the other way by the Feds, and the peasants got more taxation without representation. We continued to send billions in foreign aid to the Middle East, while our homeless vets rot on the streets and the working class lives paycheck to paycheck. A nation that continually flaunts God's Laws in economic matters, oppressing the widows and orphans and denying the workers a living wage, is destined for God's Wrath and destined for the ash heap of history. |
MissCleo
(OP) User ID: 77082640 United States 09/18/2019 06:31 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77433864 United States 09/18/2019 06:43 AM Report Abusive Post Report Copyright Violation | "As the shadows of the coming war of 1914 lengthened over Europe, Germany was feeling the effect of one of those economic depressions which then darkened the skies of all Europe and America. The problem of the creaking economic society was reaching the crisis stage. The militant radical elements at the height of their power, the complaining yet not so militant liberal elements joining socialists in halfway reform measures, the conservatives bewildered and angry were ready for an epic struggle for power. Always for the distressed and baffled government in the presence of this threat there is one door open and offering at least momentary escape—war. The imperial government rushed through that door— and to its doom..." John T. Flynn, As We Go Marching, 1944 [link to mises.org (secure)] |
MissCleo
(OP) User ID: 77082640 United States 09/18/2019 06:44 AM Report Abusive Post Report Copyright Violation | "As the shadows of the coming war of 1914 lengthened over Europe, Germany was feeling the effect of one of those economic depressions which then darkened the skies of all Europe and America. The problem of the creaking economic society was reaching the crisis stage. The militant radical elements at the height of their power, the complaining yet not so militant liberal elements joining socialists in halfway reform measures, the conservatives bewildered and angry were ready for an epic struggle for power. Always for the distressed and baffled government in the presence of this threat there is one door open and offering at least momentary escape—war. The imperial government rushed through that door— and to its doom..." John T. Flynn, As We Go Marching, 1944 [link to mises.org (secure)] Eerie, right? History repeats. |
LTHN.
User ID: 77758338 Canada 09/18/2019 06:51 AM Report Abusive Post Report Copyright Violation | [link to www.msn.com (secure)] Quoting: MissCleo "Borrowing rates skyrocketed on Tuesday in a corner of the markets the public rarely notices but that is critical to the functioning of the global financial system... On Tuesday morning, the NY Fed launched what's called an "overnight repo operation," during which the central bank attempts to ease pressure in markets by purchasing Treasurys and other securities. The goal is to pump money into the system to keep borrowing costs from creeping above the Fed's target range ." Looks like 2008 replay. Is this what the NY Fed did in 2008? "A wise man listens to the message and uses his logic and discernment to process it, a fool negates the message by prejudging the messenger." "He whose centre is everywhere and whose circumference is nowhere." |
Anonymous Coward User ID: 78012477 United States 09/18/2019 07:32 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 75211114 United States 09/18/2019 07:39 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 73848670 Canada 09/18/2019 07:45 AM Report Abusive Post Report Copyright Violation | |
visitor User ID: 76197297 United States 09/18/2019 07:46 AM Report Abusive Post Report Copyright Violation | I believe President Trump has stated , "The economy was completely screwed and that he would fix it. So, we handed him a 20 trillion dollar debt grenade and he has handled it masterfully in spite of being hampered and fought against by demonic rats and rhinos. Relax, things will be ok, and we will enjoy peace during the Trump dynasty. |
visitor User ID: 76197297 United States 09/18/2019 07:47 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77811939 United States 09/18/2019 07:48 AM Report Abusive Post Report Copyright Violation | [link to www.msn.com (secure)] Quoting: MissCleo "Borrowing rates skyrocketed on Tuesday in a corner of the markets the public rarely notices but that is critical to the functioning of the global financial system... On Tuesday morning, the NY Fed launched what's called an "overnight repo operation," during which the central bank attempts to ease pressure in markets by purchasing Treasurys and other securities. The goal is to pump money into the system to keep borrowing costs from creeping above the Fed's target range ." Looks like 2008 replay. And nothing gonna happen |
Anonymous Coward User ID: 77184054 United States 09/18/2019 07:56 AM Report Abusive Post Report Copyright Violation | |
Grove Street
User ID: 77822692 United States 09/18/2019 08:01 AM Report Abusive Post Report Copyright Violation | |
sandman1
User ID: 77243844 United States 09/18/2019 08:04 AM Report Abusive Post Report Copyright Violation | I believe President Trump has stated , "The economy was completely screwed and that he would fix it. So, we handed him a 20 trillion dollar debt grenade and he has handled it masterfully in spite of being hampered and fought against by demonic rats and rhinos. Relax, things will be ok, and we will enjoy peace during the Trump dynasty. sandman |
fakisuki
User ID: 77997686 Australia 09/18/2019 08:07 AM Report Abusive Post Report Copyright Violation | whatevers. a $53 billion crack huh? so what was it called when Obama was in office? They gave hundreds of billions away in cash to the Iranians. They also gave $4 Trillion dollars away to bail out the banks. It was the easiest heist in all of history. Why so worried about a $53 billion crack? You're kidding me. ain't ya? Hahahhaha. |
Anonymous Coward User ID: 75211114 United States 09/18/2019 08:09 AM Report Abusive Post Report Copyright Violation | I believe President Trump has stated , "The economy was completely screwed and that he would fix it. So, we handed him a 20 trillion dollar debt grenade and he has handled it masterfully in spite of being hampered and fought against by demonic rats and rhinos. Relax, things will be ok, and we will enjoy peace during the Trump dynasty. You are on some good shit! |
Anonymous Coward User ID: 77569959 United States 09/18/2019 08:12 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77995429 Australia 09/18/2019 08:13 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 75211114 United States 09/18/2019 08:15 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 72707019 United States 09/18/2019 08:16 AM Report Abusive Post Report Copyright Violation | $2.3 TRILLION (1000 X BILLION) unaccounted for announced on 9/10/01 . . . $6.5 TRILLION unnacounted for 2015 total unaccounted around the same as the "national" debt [link to www.truthdig.com (secure)] |
Anonymous Coward User ID: 72568602 United States 09/18/2019 08:20 AM Report Abusive Post Report Copyright Violation | |
Possum777
User ID: 77998305 United States 09/18/2019 08:24 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77966972 United States 09/18/2019 08:28 AM Report Abusive Post Report Copyright Violation | Ron Paul and other genuine patriots warned it was coming. Quoting: Anonymous Coward 77433864 No one of any importance in the Government was ever held accountable for the 2008 crash. Government welfare for Wall Street and the MIC continued as usual. The guys at the top got bail outs and a look the other way by the Feds, and the peasants got more taxation without representation. We continued to send billions in foreign aid to the Middle East, while our homeless vets rot on the streets and the working class lives paycheck to paycheck. A nation that continually flaunts God's Laws in economic matters, oppressing the widows and orphans and denying the workers a living wage, is destined for God's Wrath and destined for the ash heap of history. Well spoken. Bravo! |
Anonymous Coward User ID: 72707019 United States 09/18/2019 08:34 AM Report Abusive Post Report Copyright Violation | Ron Paul and other genuine patriots warned it was coming. Quoting: Anonymous Coward 77433864 No one of any importance in the Government was ever held accountable for the 2008 crash. Government welfare for Wall Street and the MIC continued as usual. The guys at the top got bail outs and a look the other way by the Feds, and the peasants got more taxation without representation. We continued to send billions in foreign aid to the Middle East, while our homeless vets rot on the streets and the working class lives paycheck to paycheck. A nation that continually flaunts God's Laws in economic matters, oppressing the widows and orphans and denying the workers a living wage, is destined for God's Wrath and destined for the ash heap of history. Well spoken. Bravo! |
MissCleo
(OP) User ID: 77082640 United States 09/18/2019 08:41 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77934040 United States 09/18/2019 08:43 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77433864 United States 09/18/2019 08:55 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78015182 United States 09/18/2019 06:46 PM Report Abusive Post Report Copyright Violation | |
JJ Johns
J to the 3rd User ID: 78014875 Switzerland 09/18/2019 06:48 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77754923 United States 09/18/2019 06:50 PM Report Abusive Post Report Copyright Violation | whatevers. a $53 billion crack huh? so what was it called when Obama was in office? They gave hundreds of billions away in cash to the Iranians. They also gave $4 Trillion dollars away to bail out the banks. It was the easiest heist in all of history. Why so worried about a $53 billion crack? You're kidding me. ain't ya? Hahahhaha. It is not the amount, it is the fact they had to do it |