tin foil
Have you watched “The Secret Of Oz”?
http://www.youtube.com/watch?v=swkq2E8mswI
It’s long but very informative.
The owners, you mean the US government?
What you are seeing is the leveraging of the purchase of foreign toxic waste with each succeeding auction. This is an end run on quantitative easing. It could easily hand banks a net 30% return for doing virtually nothing, at the same time bail the banks out, these very same banks that caused all these problems in the first place. It is called double your money in three years. A gift from euro zone taxpayers.
If it's keeping down the rates on their sovereign debt, it's a gift to euro zone taxpayers.
and then if that wasnt enough the banks will leverage the proceeds 9 to 1 to perhaps 35 to 1.
Leverage? You mean borrow? Who are the banks going to borrow this much from? Other banks? Euro governments? LOL! This guy is funny.