Economics 101

[P@triot]

I don't believe in TOO BIG TO FAIL...............If they invest and screw the hell. up then their assets should have been SEIZED, TAKEN and SOLD to someone else...............

No argument there.

 

[P@triot]

And? which part of they were allowed to Self Regulate didn't you understand...........

Which part of “the government has absolutely no constitutional authority to ‘regulate’ private industry” do you not understand?

 

[eagle1462010]

And? which part of they were allowed to Self Regulate didn't you understand...........

Which part of “the government has absolutely no constitutional authority to ‘regulate’ private industry” do you not understand?

Interstate Commerce ...........................hmmmmm

 

[P@triot]

They gambled with others money and with Fractional Banking System counterfeit money......lol..........Out of thin air.............and THEY FUCKED THIS COUNTRY........

The only one’s to “fuck this country” is the Dumbocrats. Private industry has absolutely no power to “fuck” anyone. Had they been allowed to fail, they would be gone and we would be even more prosperous.

 

[Toddsterpatriot]

Audit of the Federal Reserve Reveals $16 Trillion in Secret Bailouts -- Sott.net

The list of institutions that received the most money from the Federal Reserve can be found on page 131 of the GAO Audit and are as follows..Citigroup: $2.5 trillion ($2,500,000,000,000)
Morgan Stanley: $2.04 trillion ($2,040,000,000,000)
Merrill Lynch: $1.949 trillion ($1,949,000,000,000)
Bank of America: $1.344 trillion ($1,344,000,000,000)
Barclays PLC (United Kingdom): $868 billion ($868,000,000,000)
Bear Sterns: $853 billion ($853,000,000,000)
Goldman Sachs: $814 billion ($814,000,000,000)
Royal Bank of Scotland (UK): $541 billion ($541,000,000,000)
JP Morgan Chase: $391 billion ($391,000,000,000)
Deutsche Bank (Germany): $354 billion ($354,000,000,000)
UBS (Switzerland): $287 billion ($287,000,000,000)
Credit Suisse (Switzerland): $262 billion ($262,000,000,000)
Lehman Brothers: $183 billion ($183,000,000,000)
Bank of Scotland (United Kingdom): $181 billion ($181,000,000,000)
BNP Paribas (France): $175 billion ($175,000,000,000)
and many many more including banks in Belgium of all placesView the 266-page GAO audit of the Federal Reserve (July 21st, 2011):

And all those short term loans were paid off.
The lender of last resort.....lent.
The global banking system did not collapse.

 

[P@triot]

And? which part of they were allowed to Self Regulate didn't you understand...........

Which part of “the government has absolutely no constitutional authority to ‘regulate’ private industry” do you not understand?

Interstate Commerce ...........................hmmmmm

The regulations on the banking industry (and billions of others) are not “interstate” regulations. Hmmmmmm.

 

[eagle1462010]

They gambled with others money and with Fractional Banking System counterfeit money......lol..........Out of thin air.............and THEY FUCKED THIS COUNTRY........

The only one’s to “fuck this country” is the Dumbocrats. Private industry has absolutely no power to “fuck” anyone. Had they been allowed to fail, they would be gone and we would be even more prosperous.

Not without a currency meltdown.......................The manipulation of money has NO BOUNDS ANYMORE...........

Regulating Trade is in the Inumerated Powers of the Founding Fathers...................Just saying

 

[eagle1462010]

And? which part of they were allowed to Self Regulate didn't you understand...........

Which part of “the government has absolutely no constitutional authority to ‘regulate’ private industry” do you not understand?

Interstate Commerce ...........................hmmmmm

The regulations on the banking industry (and billions of others) are not “interstate” regulations. Hmmmmmm.

Really...........................The Glass Steagall ACT did that exactly.................

 

[eagle1462010]

 

[P@triot]

The manipulation of money has NO BOUNDS ANYMORE...........

Once again I agree 100%. And who is the only one with the power to manipulate money? The government. Private industry cannot print money, implement laws or regulations affecting it, or cause inflation or deflation.

This is exactly why we must explicitly restrict the federal government to their 18 enumerated powers.

 

[P@triot]

And? which part of they were allowed to Self Regulate didn't you understand...........

Which part of “the government has absolutely no constitutional authority to ‘regulate’ private industry” do you not understand?

Interstate Commerce ...........................hmmmmm

The regulations on the banking industry (and billions of others) are not “interstate” regulations. Hmmmmmm.

Really...........................The Glass Steagall ACT did that exactly.................

You might want to read that again. It doesn’t even remotely imply interstate. That applies to a New York bank making a loan to a New York customer or a Texas bank making a loan to a Texas customer. Do you not understand what “interstate” means?

 

[eagle1462010]

Audit of the Federal Reserve Reveals $16 Trillion in Secret Bailouts -- Sott.net

The list of institutions that received the most money from the Federal Reserve can be found on page 131 of the GAO Audit and are as follows..Citigroup: $2.5 trillion ($2,500,000,000,000)
Morgan Stanley: $2.04 trillion ($2,040,000,000,000)
Merrill Lynch: $1.949 trillion ($1,949,000,000,000)
Bank of America: $1.344 trillion ($1,344,000,000,000)
Barclays PLC (United Kingdom): $868 billion ($868,000,000,000)
Bear Sterns: $853 billion ($853,000,000,000)
Goldman Sachs: $814 billion ($814,000,000,000)
Royal Bank of Scotland (UK): $541 billion ($541,000,000,000)
JP Morgan Chase: $391 billion ($391,000,000,000)
Deutsche Bank (Germany): $354 billion ($354,000,000,000)
UBS (Switzerland): $287 billion ($287,000,000,000)
Credit Suisse (Switzerland): $262 billion ($262,000,000,000)
Lehman Brothers: $183 billion ($183,000,000,000)
Bank of Scotland (United Kingdom): $181 billion ($181,000,000,000)
BNP Paribas (France): $175 billion ($175,000,000,000)
and many many more including banks in Belgium of all placesView the 266-page GAO audit of the Federal Reserve (July 21st, 2011):

And all those short term loans were paid off.
The lender of last resort.....lent.
The global banking system did not collapse.

They paid off the TARP loans right after their trip to the Federal Reserve Back Door.................

Then the news went SEE..........they paying it off................

Why did they need the TARP side loans if they were getting loans from the back door of the Federal Reserve already...................

To Feed the public BS...........

 

[eagle1462010]

And? which part of they were allowed to Self Regulate didn't you understand...........

Which part of “the government has absolutely no constitutional authority to ‘regulate’ private industry” do you not understand?

Interstate Commerce ...........................hmmmmm

The regulations on the banking industry (and billions of others) are not “interstate” regulations. Hmmmmmm.

Really...........................The Glass Steagall ACT did that exactly.................

You might want to read that again. It doesn’t even remotely imply interstate. That applies to a New York bank making a loan to a New York customer or a Texas bank making a loan to a Texas customer. Do you not understand what “interstate” means?

Interstate..........hmmmm Alabama and Mississippi have a interstate connecting them and they are clearly 2 different states............And their BANKING was seperate under regulations of Glass Steagall........Act..............

No amount of arguments will make me EVER BELIEVE DIFFERENT that the FUCKING BANKERS and GOV'T ASSHOLES FUCKED our country and KNEW DAMNED WELL WHAT THEY WERE DOING.

 

[P@triot]

One problem with that. Abraham Lincoln was unquestionably killed because of the Emancipation Proclamation and the subsequent victory of the North over the South in the Civil War. John Wilkes Booth did not kill him because of the Federal Reserve and that is an indisputable fact.

And while there is significant controversy surrounding the assassination of John F. Kennedy, it is likely it was the result of him fucking the C.I.A. at the Bay of Pigs. He also fucked the mafia over big time - he used them to get elected (making promises to them in return) and then appointed his brother Attorney General and went after them aggressively. The Federal Reserve would be way down the list of reasons Kennedy was killed.

 

[P@triot]

Interstate..........hmmmm Alabama and Mississippi have a interstate connecting them and they are clearly 2 different states.......

Well, snowflake, a highway isn’t “commerce”.

The connection of one state to another with roads has nothing to do with “interstate commerce”. First I didn’t think you knew what interstate meant. Now it’s obvious you have no clue what “commerce” means.

 

[eagle1462010]

One problem with that. Abraham Lincoln was unquestionably killed because of the Emancipation Proclamation and the subsequent victory of the North over the South in the Civil War. John Wilkes Booth did not kill him because of the Federal Reserve and that is an indisputable fact.

And while there is significant controversy surrounding the assassination of John F. Kennedy, it is likely it was the result of him fucking the C.I.A. at the Bay of Pigs. He also fucked the mafia over big time - he used them to get elected (making promises to them in return) and then appointed his brother Attorney General and went after them aggressively. The Federal Reserve would be way down the list of reasons Kennedy was killed.

Executive Order 11110 - Wikipedia

 

[eagle1462010]

Interstate..........hmmmm Alabama and Mississippi have a interstate connecting them and they are clearly 2 different states.......

Well, snowflake, a highway isn’t “commerce”.

The connection of one state to another with roads has nothing to do with “interstate commerce”. First I didn’t think you knew what interstate meant. Now it’s obvious you have no clue what “commerce” means.

The interstate was Sarcasm.............but it passed you by.............I was making a joke and you simply didn't get it............

Your problem and not mine

 

[eagle1462010]

While I'm no big fan of the Rolling Stones...........................this investigation report is pretty good if you want to read it..............

The Great American Bubble Machine - Rolling Stone

 

[Toddsterpatriot]

And? which part of they were allowed to Self Regulate didn't you understand...........

Which part of “the government has absolutely no constitutional authority to ‘regulate’ private industry” do you not understand?

Interstate Commerce ...........................hmmmmm

The regulations on the banking industry (and billions of others) are not “interstate” regulations. Hmmmmmm.

Really...........................The Glass Steagall ACT did that exactly.................

Glass-Steagall wouldn't have stopped banks from writing crappy mortgages, wouldn't have prevented the crisis

 

[Toddsterpatriot]

There was no central bank while Lincoln was President......FAIL

JFK gave the Fed the power to print $1 and $2 FRNs.....FAIL again