The FED Inspector General Has No Idea Where The 9 Trillion Dollars Went

Discussion in 'Conspiracy Theories' started by Terral, May 12, 2009.

  1. Terral
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    Terral Terral Corp CEO

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    Greetings to All:

    Nobody at the Federal Reserve or the Treasury Department or in Congress has one clue about where the 9 Trillion Dollars went . . .

    MyProps.org Story

    [ame="http://www.youtube.com/watch?v=PXlxBeAvsB8"]Grand Theft Of TRILLIONS!!![/ame]

    GL,

    Terral
     
    Last edited: May 12, 2009
  2. Toro
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    Toro Diamond Member

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    See, here's the problem Terral. $9 trillion has not gone missing. The Fed and the government has not lent out $9 trillion. That $9 trillion is a reference to the total backstop of liabilities the government has undertaken over the past year. Much of that is simply the increase of FDIC insurance on bank deposits. Others include programs that have not yet been taken up, such as the PPIP. Others include the implicit guarantee of swap insurance underwritten by AIG.

    The Congressman has every right to ask the questions that he did, but it is not a surprise that programs which have been drawn in haste to deal with a crisis most of us have never seen in our lifetimes have not yet been reviewed or audited. Audits take time, even for well established programs. However, this does not mean that $9 trillion has been stolen.
     
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  3. sealybobo
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    sealybobo Diamond Member

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    Why doesn't China turn their finances over to private bankers like we did in 1913 when we passed the Federal Reserve Act?

    Does China's government have a problem managing their own treasury?

    Why do we have private bankers managing ours?
     
  4. Iriemon
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    Iriemon VIP Member

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    We didn't.

    You mean currency? It has had yes.

    http://www.forbes.com/2007/05/02/china-currency-trade-biz-wash-cx_bw_0503china.html

    We don't. Why do you keep asking questions based upon false premises?
     
    Last edited: May 12, 2009
  5. Terral
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    Terral Terral Corp CEO

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    Hi Toro:

    I just love the way you guys 'talk' on these topics without supporting A SINGLE WORD from any sources whatsoever.

    Great news! Now El Toro knows more about the expanding FED balance sheet 'losses' than the FED Inspector General . . .

    Since our 'real' National Debt is more than 100 Trillion Dollars (story), then the Govt has nothing to be lending anyone.

    Now you are really sounding ridiculous. The 'derivatives bubble' is measured in the 'quadrillion' to 'two quadrillion' dollar range (story)!! That number escalated up to 190,000 dollars for every man, woman and child on this planet as of last October 16, 2008 (story). But hey, El Toro says the illegal FED can guarantee swap insurance, so everything is going to be fine. :0)

    If the FED, Congress or anybody else was actually dealing with the crisis, then somebody would have some idea of where the 2 Trillion dollars went from before November 10th of last year!

    BloggingStocks.com

    All of those answers for 'where' the money went are dead wrong. The FED is LYING and hiding 'the truth' that most of this money was shipped overseas to foreign banks, who represent 'shareholders' (like Rothschild and Warburg) of the illegal Federal Reserve itself! America is being ROBBED and LOOTED and LIED TO by the same people who murdered JFK and the same people who planned the 9/11 attacks and the same people who are orchestrating the current U.S./Global Economic Implosion.

    Do not sit there and LIE to me about audits taking all of this time, when we are talking about money that started disappearing last year 'and' nobody has one clue where it all went. The Govt LIES about the more than a 100 Trillion-dollar National Debt, by keeping two sets of books, and we are supposed to believe these LIARS; when trillions and trillions of dollars are going up in smoke . . .

    GL,

    Terral
     
  6. sealybobo
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    sealybobo Diamond Member

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    I think you are bashing me based on symantics.

    You seem to be a fan of allowing private bankers to run our country. What is it you don't get?

    What did we do when we passed the 1913 Federal Reserve Act?

    What did we give the bankers in 1913 when we let them manage the Federal Reserve?
     
  7. sealybobo
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    sealybobo Diamond Member

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  8. sealybobo
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    sealybobo Diamond Member

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    Those seem to be more OUR problem with China's currency. Not really China's problem.

    China's exchange rate has been a sore subject for many U.S. policymakers who have argued that the cheap yuan has caused a flood of imports into the U.S. and E.U., and displaced millions of jobs, particularly in the manufacturing sector.

    And of course we can demonize the Chinese like we do Venesuela, only we won't do that to China because we are bullies.

    We can't DEMAND that our bankers get to take over their treasury, like we are trying to do in the middle east and south America.
     
  9. sealybobo
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    sealybobo Diamond Member

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    That article was from 2007 and it said, ""The U.S. economy is operating at full employment, and China's exchange rate policies are clearly not a key driver of aggregate employment in the U.S., although they may impact particular groups."

    My how a year can make a difference.

    Anyways, that article didn't answer my question. Why doesn't China do what we did and let Chinese rich powerful bankers/oil men take over their federal reserve?

    What possible benefit do we get from having these bankers own us thru the treasury?
     
  10. jillian
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    jillian Princess Supporting Member

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    You mean as opposed to using misleading sources which mischaracterize the information you BELIEVE you're presenting?

    :lol:

    You'd do well to listen to the people who actually know what they're talking about instead of other conspiracy types.

    you all feed on each other's obsessions.
     

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