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1 posted on 12/27/2011 6:08:47 PM PST by Iam1ru1-2
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To: Iam1ru1-2

well ummm whaaa....is this to be believed? all the more unbelievable if it is.


2 posted on 12/27/2011 6:13:58 PM PST by the invisib1e hand (Ignorance is no excuse.)
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To: Iam1ru1-2
and America takes another one in the........

3 posted on 12/27/2011 6:14:19 PM PST by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: Iam1ru1-2
Senator Sander’s webpage earlier this morning (July 21, 2011).

What did Freepers say at the time? (I think I was on vacation)

4 posted on 12/27/2011 6:18:21 PM PST by gusopol3
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To: Liz; STARWISE; maggief; penelopesire; onyx

Is this for real?


6 posted on 12/27/2011 6:20:30 PM PST by hoosiermama (We need more Jobs.....Steve Jobs....entrepreneurs and creators.)
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To: Iam1ru1-2
All Americans should be outraged!!! These 0% loans should be called home immediately to pay off our national debt.

Makes you wonder what a complete audit would reveal?

7 posted on 12/27/2011 6:21:54 PM PST by rawhide
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To: Iam1ru1-2

Really...
Only 16,000,000,000,000.00 American Dollars?
Hard de har har,
For that we wasted the time of the General Accounting Office.
that’s just Looney


8 posted on 12/27/2011 6:25:07 PM PST by nkycincinnatikid
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To: Iam1ru1-2

This means our money is worth nothing. What else could it mean. So everyone should just stop paying any debt they ow to any of the banks or credit card compainies because they have already been paid.


9 posted on 12/27/2011 6:28:40 PM PST by Jukeman (No Romney, No Bush, No Trump. No, No, No. Never. Final Word!)
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To: Iam1ru1-2

It is time a whole lot of people WAKE THE HELL UP!

http://www.amazon.com/Creature-Jekyll-Island-Federal-Reserve/dp/091298645X/ref=sr_1_1?ie=UTF8&qid=1323879313&sr=8-1


10 posted on 12/27/2011 6:29:52 PM PST by GWConservative ( No PACs electstephens.org)
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To: Iam1ru1-2

Ron Paul leads the charge to stop the criminal behavior of the Federal Reserve. This is probably the tip of the iceberg of debt that the US taxpayers are accountable for via the Fed. It is hard to believe they want to bail out the European Central Bank on the backs of us citizens.


11 posted on 12/27/2011 6:31:33 PM PST by pterional
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To: Iam1ru1-2
From:

Fed’s Once-Secret Data Compiled by Bloomberg Released to Public

$1.2 trillion -- The Fed’s actual lending to banks and financial companies at its single-day peak, Dec. 5, 2008, through the seven programs Bloomberg News studied in depth.

$16 trillion -- The “total transaction amounts” for Fed lending included in a July 21, 2011, study by the Government Accountability Office, a non-partisan investigative agency that reports to Congress. The Fed’s Dec. 6 memo said it was inaccurate to describe that amount as the total of its lending and guarantees, as some websites did.

The method the GAO used to produce that total differed from Bloomberg’s approach. Bloomberg built spreadsheets to show each borrower’s daily amounts outstanding, and then found the day on which those amounts peaked. The GAO tallied all cumulative loans to arrive at $16 trillion. Its report noted that the total didn’t reflect how loans’ terms varied under different Fed programs.

If a bank borrowed $1 billion overnight for 100 nights, Bloomberg’s analysis would show that the bank had a $1 billion balance at the Fed for 100 days; the GAO method that produced the $16 trillion total would sum up those transactions to $100 billion, even though the bank never owed more than 1 percent of that total.

14 posted on 12/27/2011 6:46:33 PM PST by Doe Eyes
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To: Iam1ru1-2; Liz; AT7Saluki
Obama to ask for debt limit hike: Treasury official
17 posted on 12/27/2011 6:49:50 PM PST by Libloather (The epitome of civility.)
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To: Iam1ru1-2
This is not "new" news. Look at this search. This same article was posted on Nov 30.

From an article posted here on FR last July 29:

I question why there hasn't been any yelling and screaming about this.
20 posted on 12/27/2011 7:04:11 PM PST by upchuck (Let's have the Revolution NOW before we get dumbed down to the point that we can't.)
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To: Iam1ru1-2; Toddsterpatriot

Waiting for the Toddster to tell us that this never happened, and even if it did, well we need banks and banking so suck it up and be thankful for it all.


21 posted on 12/27/2011 7:04:59 PM PST by AndyJackson
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To: Iam1ru1-2

The so called Federal Reserve is a non govt entity (NGE), posing as if it were a govt entity. Basically it’s a group of international bankers who look out for their own interests, while be subsidized by the American taxpayer.

It’s truly a sweet deal for the elite bankers, and investors, who are members of this elite group. You’ve probably seen some of their vacation homes on the cliffs by the ocean, or their yachts at harbor. You probably wondered, who the heck are these people? Now you know.

Course it’s not your privy to challenge their banking and investment schemes. But you will bail them out, when they make bad loans, and/or investments. And that, my FRiends, is all you need to know.

They could all be exposed. Especially if RuPaul were to get his way. But we all know that is not going to happen. Since they are “too big to fail,” as well as too big to be messed with.

I remain optimistic, that in the future, taxpaying Americans will succumb to the light, once their blinders are removed. For now, the status quo is the strongest tie which blinds.

Please don’t ZOT me for this post. It is not an endorsement for RuPaul. It’s simply he has his footprint all over this issue, which needs to be exposed.


22 posted on 12/27/2011 7:08:03 PM PST by takenoprisoner (Constitutional Conservatism is Americanism.)
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To: Iam1ru1-2

That crazy Ron Paul, the nerve of him wanting the Federal Reserve’s books exposed.

The US dollar being the world’s reserve currency does involve propping up world banks or if they fail the US banks fail, IOW if the US stands by and does nothing the entire world’s monetary system and its house of cards comes tumbling down...US taxpayer money being involved is just a minor detail.


23 posted on 12/27/2011 7:11:55 PM PST by Razzz42
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To: Iam1ru1-2

The only good thing about Ron Paul is that he wants to give the Federal Reserve a rectal exam.


33 posted on 12/27/2011 8:02:18 PM PST by central_va ( I won't be reconstructed and I do not give a damn.)
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To: Iam1ru1-2
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 (UK): $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 (UK): $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 places
34 posted on 12/27/2011 8:03:43 PM PST by zeugma (Those of us who work for a living are outnumbered by those who vote for a living.)
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To: Iam1ru1-2

Since when does a bribe/kickback get dignified by calling it a “secret bailout”?


49 posted on 12/27/2011 9:12:05 PM PST by Spok (From hope and change to change is hopeless. In just the first term.)
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To: Iam1ru1-2

Seems as if the US Federal Government is “underwater’ more than they admitted.


50 posted on 12/27/2011 9:12:32 PM PST by Graewoulf (( obama"care" violates the 1890 Sherman Anti-Trust Law, AND is illegal by the U.S. Constitution.))
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To: Iam1ru1-2

JP Morgan was Soros’. Wonder how many others he has his hand in?


51 posted on 12/27/2011 9:23:29 PM PST by bgill (The Obama administration is staging a coup. Wake up, America, before it's too late.)
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