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| User Info | The Fed Supports Lying With Your Money in forum [Ticker] | |||
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Genesis Posts: 66462 Incept: 2007-06-26 
Royal Flush! 
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http://market-ticker.org/archives/661-Th....
---------- I used to play flute; I wonder if I can play a fife? I incite prosecutors to create "Bubba Sausage Parking Lot" projects Darrell Issa has a middle finger and knows how to use it - Me 2008-11-17 09:19:49
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Deejunk Posts: 389 Incept: 2008-10-11 Now DC - Solar Power.
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Nothing good happens, nothing gets done about it and the Dow just goes up and down just like any other day... What will be the excuse today if it trades up? Bargain hunting again? Old fantasies die hard.
---------- If the egg won't hatch... Fry it! Ready for serious inflation, deflation & collapse of the US & Global economic & market systems?  http://www.youtube.com/watch?v=fm4iU0yx9....2008-11-17 09:58:04
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Thrustvectoring Posts: 149 Incept: 2008-09-17
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Steal a car and you're a felon. Steal a million dollars and you're an embezzler. Steal billions and you're saving the economy.
2008-11-17 10:26:11
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Francynemarie Posts: 414 Incept: 2007-11-01 
San Jose, CA
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I'm tired of waiting for congress to act. If they continue to support failed institutions through taxpayer bailouts (now GM too?), then I think it is time for the American people to take over the reigns and bring down these institutions by boycotting those who accept government bailouts. If the government tries to prop them up, the people should take them down. It is time for the American people to stop enabling Washington's crap. Congress thinks they are in charge but they are not, the consumer is in charge. All that is needed is for the consumer to figure out that they have the power, if only they will organize. (Time for consumers to unionize? <joke>) 2008-11-17 12:18:18
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Phirang Posts: 8083 Incept: 2008-10-25
Fields of Cannae Online
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Francy, all you have to do is offer free flat-screen tv's, and you will win the love of the proles. ---------- In the space of a weekend, I nearly lost everything and got it all back. - Clayton Riddell 2008-11-17 12:20:15
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Clock Posts: 814 Incept: 2007-09-18 Green Shoots My Ass.
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The Fed claims to be a "private central bank" but in fact that's a lie too - their losses are yours, and their "liquidity" is your tax money. If The Fed wants to be a "private bank" then cut it off from taxpayer subsidy and revoke its right to print money - instead, force it to compete for private capital just like everyone else. (Threaten Bernanke with that and watch his face turn white and underwear brown.)
---------- ...lots of money still on the sidelines ~ CNBC mantra ~ 2008-11-17 12:46:41
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Digdouggler Posts: 2357 Incept: 2007-11-26
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Francyne, I love the idea. A bailout boycott is one way of striking back. Sure, it will be pooh-poohed, but anything is worth trying. Run it through the fedup forum.
---------- "The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system" 2008-11-17 13:14:20
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Francynemarie Posts: 414 Incept: 2007-11-01
San Jose, CA
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Will do, Doug!
2008-11-17 16:02:36
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Baldeagle Posts: 5 Incept: 2008-11-11 Maryland
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Unconfirmed good news - Bloomberg reports "Bush Administration Said to Not Seek Remaining Bailout Funds". http://www.bloomberg.com/apps/news?pid=2.... 2008-11-17 16:16:55
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Az Posts: 1237 Incept: 2008-09-22
Looking down the Rabbit Hole
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The solution? Drum roll please .... the US defaults it's debt to the Federal Reserve.
2008-11-17 18:43:35
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Phirang Posts: 8083 Incept: 2008-10-25
Fields of Cannae Online
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Great: then the IMF can bail out the US!
---------- In the space of a weekend, I nearly lost everything and got it all back. - Clayton Riddell 2008-11-17 18:48:22
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Az Posts: 1237 Incept: 2008-09-22
Looking down the Rabbit Hole
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It would mean a total restructuring, going back to basics with a new structure of 10% tax rate for both Fed and state. 5% goes to the Fed, if they can't get by on 5% of gross income then the Fed is too big, and 5% to state to make regional services. Back to individual responsibility and because of that a better lifestyle and less complicated. Pay as you go for what you can afford. We need a paradigm shift from collective to individual freedom and liberty. Keep our military nose out of other countries business and designed for defense only, enough of feeding the beast and building an empire of dominance for a few selected power elite to play with. 2008-11-17 19:56:12
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Themortgagedude Posts: 3343 Incept: 2007-12-17
saint louis
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Simplest way to keep everything balanced - at the end of the fiscal year the .gov sends every American a bill for their share of cost overruns. Bet they'd work on balancing the budget then.
---------- Since September it's just gotten colder and colder. There's less daylight now, I've noticed too. This can only mean one thing - the sun is going out. In a few more months the Earth will be a dark and lifeless ball of ice. 2008-11-18 01:02:37
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