Home
Blog
Radio
Missing Persons
Crime
April 17, 2024, 01:10:13 PM
Welcome,
Guest
. Please
login
or
register
.
1 Hour
1 Day
1 Week
1 Month
Forever
Login with username, password and session length
News
:
NEW CHILD BOARD CREATED IN THE POLITICAL SECTION FOR THE 2016 ELECTION
Home
Help
Login
Register
Scared Monkeys Discussion Forum
>
Current Events and Musings
>
Political Forum
> Topic:
How fast and how many times can you say "RipOff"...
Pages:
1
Go Down
« previous
next »
Print
Author
Topic: How fast and how many times can you say "RipOff"... (Read 1777 times)
0 Members and 1 Guest are viewing this topic.
WhiskeyGirl
Monkey All Star Jr.
Offline
Posts: 7754
How fast and how many times can you say "RipOff"...
«
on:
November 14, 2008, 02:07:41 PM »
Quote
Looting the National Treasury
By Alan Caruba
(AXcess News) S. Orange, NJ - In the November issue of The DeWeese Report, published by the American Policy Center, Tom DeWeese provides one of the most cogent explanations for the current financial crisis that you will read anywhere. You can read it online at
http://www.americanpolicy.org/more/market.htm
.
Quote
For a decade I was the Director of Communications for the Center and remain affiliated. ...
Quote
"We have in the country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal Reserve Banks, hereinafter called the FED. The Fed has cheated the government of these United States and the people of the United States out of enough money to pay the nation's debt... many times over."
Quote
In 1934, McFadden noted that "This evil institution has impoverished and ruined the people of the United States, has bankrupted itself and has practically bankrupted our government." What we are witnessing, of course, is the devaluation of the U.S. dollar and this must be laid at the feet of the Fed, the institution that was created to protect its value.
"Some people think that the Federal Reserve Banks are United States government institutions," said McFadden. "They are private monopolies which prey upon the people of the United States for the benefit of themselves and their foreign customers: foreign and domestic speculators and swindlers; and rich and predatory money lenders."
Quote
This is precisely why banking and investment institutions "bundled" and sold mortgage loans as alleged "assets" for which no value could be assigned, knowing that Freddie Mac and Fannie Mae were backed by the U.S. government. As Tom DeWeese says in his commentary, "These were worthless loans to satisfy politically correct motives, and worthless money to pay for it all."
Quote
...The nation is being run these days by Goldman Sachs.
The Fed is a quasi-government institution. It is a consortium of twelve regional banks that is presumed to be answerable to the federal government. Under the regime of Alan Greenspan, its former chairman, it permitted, indeed, encouraged this debacle to occur.
It is time to end the reign of the Federal Reserve. It was time in 1934.
Americans are watching the plundering and looting of the U.S. Treasury for political and private gain. Apparently, there is nothing we can do about it.
http://www.axcessnews.com/index.php/articles/show/id/17069
Logged
All my posts are just my humble opinions. Please take with a grain of salt.
It doesn't do any good to hate anyone,
they'll end up in your family anyway...
WhiskeyGirl
Monkey All Star Jr.
Offline
Posts: 7754
Re: How fast and how many times can you say "RipOff"...
«
Reply #1 on:
November 14, 2008, 02:19:19 PM »
Quote
Meanwhile, the most credible insurance company in the world, AIG, was making it all seem legitimate. ... Bank managers seeking away around the Basel rules to take advantage of the massive amounts of new mortgages being written, found a way through AIG.
AIG offered banks unregulated insurance contracts, known as credit default swaps. ...
As analyst Porter Stansberry reports, "Although AIG's credit default swaps were really insurance contracts, they weren't regulated. ... AIG could book the profit from a five year credit default swap as soon as the contract was sold, based on the expected default rate.
Since, throughout history, prior to this insanity, few loans had ever defaulted, ... and AIG was able to post hundreds of millions of dollars in profits that only existed on paper, while never having to post any collateral. Says Stansberry, "An enormous amount of capital was created out of thin air and tossed into global real estate markets."
Then the chickens came home to roost. ... Banks looked to AIG to honor its insurance policies. But AIG had no money to repair the damage. And so, AIG, the world's largest insurance company, was suddenly downgraded by all of the major credit-rating agencies. And AIG went bankrupt.
And, the AIG executives "party on" after bailout money - jmho
Quote
Such fraud was repeated by Goldman Sacs, Merrill Lynch, Bear Stearns, and more. For sure these are greedy businessmen - but they could never have carried out such bad policy on their own. A free market never allows such corruption to exist without near instant exposure. Once government intervened in the market and set the rules, a partnership between the financial industry and government was born. It was all fueled by the Federal Reserve which continued to pump money into the straining system, putting the dollar in a free fall on world markets. These were worthless loans to satisfy politically correct motives, and worthless money to pay for it all.
Quote
Today, the pure free market, buried under this mass of government manipulation, is seeking to correct itself. It will fall until it hits a natural bottom and then begin anew.
The bottom line to the story is it wasn't free enterprise that caused the 1929 crash, and it wasn't free enterprise that caused today's meltdown. In both cases it was government intervention corrupting the pure world of free markets. We are not protected by government intervention - we are damaged by it. This is the second time the Fed created a collapse of the free market. To prevent a third there's only one logical action to take - abolish the Federal Reserve.
Lots more here -
http://www.americanpolicy.org/more/market.htm
Give every tax payer $1 million and a rubber raft!
Logged
All my posts are just my humble opinions. Please take with a grain of salt.
It doesn't do any good to hate anyone,
they'll end up in your family anyway...
Pages:
1
Go Up
Print
Scared Monkeys Discussion Forum
>
Current Events and Musings
>
Political Forum
> Topic:
How fast and how many times can you say "RipOff"...
« previous
next »
Jump to:
Please select a destination:
-----------------------------
FORUM RULES
-----------------------------
=> Forum Rules and Tips
-----------------------------
Polls, Polls and more Polls
-----------------------------
=> Missing Persons Polls
=> Current Events/News Polls
=> Crime and Trial Polls
=> Just For Fun Polls
-----------------------------
Missing Persons - High Profile
-----------------------------
=> Missing Persons High Profile
===> Dylan Redwine, 13yrs old, last seen 11/19/12, Vallecito, CO
===> Kyron Horman - Portland Oregon
===> Caylee Marie Anthony - Florida (BODY FOUND)
=====> Caylee's Law - by State
=======> Caylee's Law - text
=======> ALABAMA
=======> ALASKA
=======> ARIZONA
=======> ARKANSAS
=======> CALIFORNIA
=======> COLORADO
=======> CONNECTICUT
=======> DELAWARE
=======> DISTRICT OF COLUMBIA
=======> FLORIDA
=======> GEORGIA
=======> HAWAII
=======> IDAHO
=======> ILLINOIS
=======> INDIANA
=======> IOWA
=======> KANSAS
=======> KENTUCKY
=======> LOUISIANA
=======> MAINE
=======> MARYLAND
=======> MASSACHUSETTS
=======> MICHIGAN
=======> MINNESOTA
=======> MISSISSIPPI
=======> MISSOURI
=======> MONTANA
=======> NEBRASKA
=======> NEVADA
=======> NEW HAMPSHIRE
=======> NEW JERSEY
=======> NEW MEXICO
=======> NEW YORK
=======> NORTH CAROLINA
=======> NORTH DAKOTA
=======> OHIO
=======> OKLAHOMA
=======> OREGON
=======> PENNSYLVANIA
=======> PUERTO RICO
=======> RHODE ISLAND
=======> SOUTH CAROLINA
=======> SOUTH DAKOTA
=======> TENNESSEE
=======> TEXAS
=======> UTAH
=======> VERMONT
=======> VIRGINIA
=======> WASHINGTON
=======> WEST VIRGINIA
=======> WISCONSIN
=======> WYOMING
=====> Caylee Marie Anthony Murder Trial Archives
===> Sierra Lamar, 15yrs old, Morgan Hill, CA Missing Since March 16, 2012
===> JO ANN (JODIE) BAIN AND 3 DAUGHTERS MISSING 4/27/2012(2 murdered 2 safe)
===> Isabel Mercedes Celis, 6 yrs old missing 4/21/12 Tucson, AZ (Body Found)
===> Jennifer Kesse - Orlando/Ocoee, Florida
===> Susan Powell 28yrs old, missing 12/6/09 West Valley City, Utah
===> Michelle Loree Parker, Last Seen 11/17/11, Orlando, FL
===> Celina Cass, 11yrs old missing 7/25/11 New Hampshire
===> Aliayah Lunsford, 3yrs old, Weston, West VA, missing since 9/24/2011
===> Lisa Irwin, 10mo old missing since 10/4/2011 KC, MO
===> Robyn Gardner missing in Aruba August 2, 2011
=> Missing Persons - High Profile - Archives
-----------------------------
Virginia Area Missing and Murdered - possible connections
-----------------------------
=> Morgan Dana Harrington, 20yrs missing VA Tech 10/17/09(BODY FOUND)
=> Hannah Elizabeth Graham missing since 9/13/14 Charlottesville, VA
=> Alexis Murphy, missing since 8/3/13 Charlottesville, VA
=> Samantha Ann Clarke 19yrs. old Orange Va. Last seen 09/13/10
=> Dashad Sage Smith missing since 11/20/12 Charlottesville, VA
=> Cassandra Morton 23, Lynchburg, missing 10/10/09 body found 11/29/09
-----------------------------
High Profile Crimes and Trials (not missing persons)
-----------------------------
=> Jodi Arias trial - for the murder of Travis Alexander
=> Trial of George Zimmerman - 2nd Degree Murder of 17yr old Trayvon Martin
=> Scott Peterson Appeal of Murder Conviction
-----------------------------
Missing, Exploited and True Crime
-----------------------------
=> Missing Exploited and True Crime
===> Missing Persons Forum
=====> Missing Found or Presumed Deceased
=====> Missing Found Safe
=====> Missing Endangered Runaways
=====> Resourses, Search Groups and Fundraisers
===> Crimes Against Children, Elderly and the Disabled
===> Crimes of Passion/Anger
===> Serial Killers and Their Possible Victims
===> Unsolved Crimes
=====> Finally Solved
===> Haleigh Marie Cummings - Florida
===> Adji Desir - Florida
===> Somer Renee Thompson 7 yo, Orange Park FL 10/19/09(BODY FOUND)
===> Tracy Ocasio - Orlando/Ocoee, Florida
===> Shaniya Nicole Davis, 5 Fayetteville, NC Missing 11/10/09(BODY FOUND)
===> Holly Bobo, 20yrs old missing Parsons, TN 4/13/11
===> Hailey Dunn - 13yrs old - Colorado City, TX missing 12/27/10 (Body Found)
===> Elizabeth Olten - 9yrs, Jefferson City, MO missing 10/21/09 (BODY FOUND)
===> Lindsey Baum - McCleary, WA 6/26/09
===> Amber Leeanne Dubois 14yrs old - Escondido, CA(BODY FOUND)
===> Chelsea King, 17, Missing 2-25-2010 Rancho Bernadino CA (BODY FOUND)
===> Sandra Cantu, 8 years old - Tracy, CA(BODY FOUND)
===> Madeleine McCann - Portugal
===> Christine Marie Sheddy - missing since 11/13/2007 - Maryland(BODY FOUND)
===> Nevaeh Amyah Buchanan 5yr Monroe Michigan(BODY FOUND)
===> Gabriel Johnson 8 mo., last seen 12/26/09 Tempe AZ-San Antonio TX
===> Stacy Ann Peterson missing & Kathleen Savio murdered - Illinois
===> Zahra Clare Baker - 10yrs old Hickory, NC (Body Found)
-----------------------------
Natalee Holloway
-----------------------------
=> Natalee Holloway
=> Important Case Documents
===> Joran Statements/PV's
===> Paulus Statements/PV's
===> Deepak Statements/PV's
===> Satish Statements/PV's
===> Misc Statements/PV's
=> LCD Archive
=> Shango/Simian and other Codetalkers
-----------------------------
Current Events and Musings
-----------------------------
=> Monkey Musings / Open Discussion
=> Pop Culture Main
===> Hugely Popular TV Shows
===> Movies and Television
===> Social Media
===> Music
===> Books
===> Scared Monkeys Radio with Dana Pretzer
=> Health and Medical Issues
=> Food and Product Recalls
=> News of the Day
=> Business News
=> Sports
=> Political Forum
=> Religion (discussion and debate)
-----------------------------
The Monkey Lounge
-----------------------------
=> The Monkey Lounge
===> Fashion & Decorating
===> What's Cooking? Recipes
===> Games
=> Inspirational
===> Memorial - Gone but Never Forgotten
===> Gratefulness - Light a Candle in Prayer
===> Inspirational scriptures, songs, stories and prayers
-----------------------------
Natalee Discussions (2005 ARCHIVE)
-----------------------------
=> Natalee Holloway
=> Theory and Speculation
=> Links and References Only
=> Natalee Breaking News Archive
-----------------------------
General Discussions (2005 ARCHIVE)
-----------------------------
=> News Issues
=> Chit Chat
Loading...