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To: screaminsunshine

Scam it is. The feds using my tax money to buy stock. I didn’t authorize that. Who do they think they are?


183 posted on 05/06/2010 12:15:21 PM PDT by Evil Slayer (Onward, Christian soldiers, marching as to war)
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To: Evil Slayer

PPT look it up. Obama can not afford a market crash yet.


189 posted on 05/06/2010 12:16:30 PM PDT by screaminsunshine (S)
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To: Evil Slayer
The feds using my tax money to buy stock.

The Working Group on Markets (aka the Plunge Protection Team, or "PPT") was created by President Ronald Reagan by executive order after the Panic of 1987. Its role is to use Treasury and Federal Reserve funds to prop up the markets in the event of a panic.

It's all very legal.

194 posted on 05/06/2010 12:18:36 PM PDT by Publius (Unless the Constitution is followed, it is simply a piece of paper.)
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