Us Federal Reserve, Bank Of England?

[buddy]

Please note the underlined section -

Dec. 12 -- The Federal Reserve refused a request by Bloomberg News to disclose the recipients of more than $2 trillion of emergency loans from U.S. taxpayers and the assets the central bank is accepting as collateral.

= Asset grab??

[Khun Jean]

Go to your bank, take out all your money and change it into something real while you still can. Take a look what is happening in Russia, my feeling is that it will go a lot quicker in the US. If you are early you can save a lot, if you're too late, well.... you're too late.

And if you took it out and nothing nasty happens you can always put it back. Nothing lost.

[Khun Jean]

double post, sorry.

Edited December 16, 2008 by Khun Jean

[flying]

Go to your bank, take out all your money and change it into something real while you still can. Take a look what is happening in Russia, my feeling is that it will go a lot quicker in the US. If you are early you can save a lot, if you're too late, well.... you're too late.

And if you took it out and nothing nasty happens you can always put it back. Nothing lost.

Not to be an alarmist but, I always felt the FDIC & the NCUA was raised to 250k or more jointly because they knew they could not pay even the original 100k promise.

Should there be a run on banks the FDIC /NCUA does not stand a chance....or I should say we do not

[Khun Jean]

Raising it to 250K is only to make people feel warm and fuzzy again. It doesn't change the situation at all.

They can raise it to a million but it still will not be enough to save the economy.

If your house is free from mortgage take a new one buy gold from the money and pay it back in a few years with a handsome profit left. If you borrow 100.000 US$ now, in a few months/years you can probably pay it back from selling a few ounces.

You will have hedged yourself against a SHTF (Sh*t hits the fan) situation, the premium will be the interest rate you pay the bank. I think that is a cheap way to insure yourself. And again if everything is saved by some miracle the only loss would be the interest paid. Without the miracle you would have some money left to feed yourself, and buy some oil/gas to heat your house, in short you are one of the few that has a change to survive.

[pkrv]

Try these documentaries as well, they can be heavy going at times but stick with them -

ZEITGEIST - http://video.google.com/googleplayer.swf?d...&autoplay=1

ZEITGEIST: ADDENDUM - http://video.google.com/googleplayer.swf?d...&autoplay=1

Although very anti-establishment and I dont agree with everything of the film makers content, however they do throw up some very interesting questions.

Weight of argument = less than zero

I would however agree

http://video.google.com/videoplay?docid=-9050474362583451279

Is worth looking at. If you can get by a simple quote by one of the greatest men at the beginning, and find your way to the goldsmiths tale - IMO you are in with a chance and I note, others have noted.

Edited December 16, 2008 by pkrv

[AlexLah]

I would like to add the following links.

http://www.youtube.com/watch?v=8PIEGK0IbA4&eurl

http://www.silverbearcafe.com/private/12.08/coup.htm

Let the game begin......

[pkrv]

I would like to add the following links.

http://www.youtube.com/watch?v=8PIEGK0IbA4&eurl

http://www.silverbearcafe.com/private/12.08/coup.htm

Let the game begin......

Your second link did not work. I am UK so cannot comment, but IMO this is not good. However if you are US based now seems a great time to transfer US funds to Thailand.

[AlexLah]

The silverbear article.

(Strange the link does not work).

We were originally told that the whole problem was a sub prime mortgage problem. Unfortunately this is a LIE. The amount of all sub prime mortgages in America is $1.3 trillion Dollars. But the bailouts are already $8.5 trillion Dollars and growing daily. Why do you need $8.5 trillion to fix a $1.3 trillion problem? And that's assuming that everybody with a sub prime mortgage goes into foreclosure and that the foreclosure sale proceeds are precisely zero, not exactly a likely outcome.

So lets look at it another way the total value of all residential mortgages in the USA prime, ALT A , and Subprime as of August 2008 according to the Federal Reserve is $10.6 trillion Dollars THAT IS EVERY MORTGAGE IN AMERICA. According to the Mortgage Bankers Association at this same time 9.2% of all mortgages were either delinquent or in foreclosure. So let's assume that 100% of all these mortgages eventually go into foreclosure and that at auction the total proceeds for the foreclosure sales are zero. I am sure you will agree this is once again a highly unlikely outcome!

$10.6 trillion X 9.2% = $975 Billion Dollars

So a total of $975 Billlion Dollars would be required as an absolute maximum to bail out every single foreclosed mortgage in America. So why do we have an $8.5 trillion Dollar solution to solve a $975 Billion Dollar problem?

If you buy a futures contract you can either buy it LONG or SHORT. If you are LONG you believe that the price of the underlying asset will rise, if you are SHORT you feel that it will fall. It is a zero sum game somebody wins and somebody loses. If the winner wins $1000 then he takes this $1000 from the loser. The amount of contracts outstanding or open interest is always in balance. All transactions and trades take place within a regulated and transparent exchange.

OTC derivative contracts are basically the same as regulated futures contracts. They are also zero sum, BUT they do not take place within an exchange. So they are not regulated and they are not transparent. What has happened is that a band of insiders have taken such huge OTC derivative bets that they have been able to push the markets, so that many of these OTC derivative contracts have triggered. Because the amount of leverage used or the notional value of these contracts is so high it takes very little movement for the outsiders to become insolvent, it is leverage gone mad. The Insiders knew that this would happen, but they also knew that the Government would not allow this corrupt system to fail.

Hence the $8.5 trillion Dollars of bailouts, this money is simply being transferred or funnelled from the taxpayers to a select band of Wall Street insiders. Remember it is a zero sum game the outsiders Bear Stearns, Wachovia, Citigroup LOST but somebody gained an equivalent amount. As Gordon Gecko stated in the film Wall Street.

"Money is not lost. That's the illusion. It is simply transferred".

The Politicians and media go on, and on, about how this is necessary to save the system, too big to fail, etc, etc. It is all rubbish they are nothing more than paid salesman for the bankers, it is a Government of the few and only for the few. The banks had huge unregulated bets amongst themselves and all kept in secret, the outsiders inevitably lost, and your money is now being funnelled directly to the bet winners. It is theft pure and simple. If you take a bet with somebody and you win BUT the loser cannot pay then that bet is worthless, and it dies. Why should American taxpayers pay for these failed bets? Surely the insiders had completed their "due diligence" on the counterparty risk? The reality was that they had not because they knew they would win, and they also knew that the government would pay the winnings via the taxpayer.

What people cannot accept is that America is in no way, shape, or form a democracy, and neither is any other western country. The politicians are bought and paid for, as are the media. With the Mcain Vs Obama election you had a simple choice you were voting for the bankers man or the bankers other man, the outcome will be the same it always will be in a bank oligarchy. .

You think I maybe wrong? Then I leave you with a very sobering thought.

$8.5 Trillion Dollars would buy exactly 80% of all the mortgages outstanding in America. So imagine for the same money that your government or is it the bankers government? have already given to the bankers they could have instead sent you a cheque for 80% of your outstanding mortgage, that would be some Christmas present. Instead they decided to send all of this money, YOUR MONEY to a select band of Wall Street insiders.

If your mortgage was now 80% paid off, would it not provide quite a "stimulus" for the real economy? And it would not cost $1 more than what they have already committed to the bankers.

It is an $8.5 Trillion Dollar and growing daily, solution to a $975 Billion Dollar problem. The surplus has simply been "transferred". It begs the question, why are the Government paying off the gambling bets of Wall Street? These bets had no purpose, they added no value, and provided no jobs they were simply symptomatic of the unregulated and opaque casino that wall street has unfortunately become. This again is a matter of deliberate policy otherwise the thieves will be identified. Let them fail, if 80% of all the outstanding mortgages were paid, we would not need much of a credit or finance industry. New start banks and foreign banks could easily provide this facility.

So I leave you with one thought this Christmas. The bailouts, if redirected, could pay 80% of every mortgage in America INCLUDING YOURS.

Ironic that a few bankers have engineered the biggest robbery in history.

[flying]

The silverbear article.

Thanks Good Article! Makes you wonder

Here is the link too

http://www.silverbearcafe.com/private/12.08/coup.html

[percy2]

Now that is an interesting read!

Cheers

[buddy]

Even though they dont have the answers, this knowledge could be enough to turn any normal joe into a communist

[Pakboong]

Please note the underlined section -

Dec. 12 -- The Federal Reserve refused a request by Bloomberg News to disclose the recipients of more than $2 trillion of emergency loans from U.S. taxpayers and the assets the central bank is accepting as collateral.

= Asset grab??

Federal Reserve banks are not US Federal agencies and are thus not subject to the Freedom of information act. See, Lewis vs. the USA, 1982.

[AlexLah]

Fascinating reading.

Look at one of the most dirty banks in history.

BCCI bank

http://www.time.com/time/magazine/article/...,973481,00.html

http://www.washingtonmonthly.com/features/...409.sirota.html

http://www.fas.org/irp/congress/1992_rpt/bcci/01exec.htm

http://fic.wharton.upenn.edu/fic/papers/05/0518.pdf

Now connect some dot's..........

Citibank

http://bigpicture.typepad.com/comments/200...ank-reciev.html

Sheik Zayed bin Sultan al-Nahyan gave the initial 2.5 Million USD to start BCCI to

Agha Hasan Abedia a Pakistani from Indian origin

Think of: HBL

You wanna make more money?

http://business.timesonline.co.uk/tol/busi...ticle725653.ece

http://www.iht.com/articles/2006/06/15/blo...g/bxperella.php

Istithmar PJSC of Dubai, United Arab Emirates.

Citigroup, the biggest U.S. bank, is the top adviser.

Edited December 19, 2008 by AlexLah

[12DrinkMore]

Why is it that Americans see so many conspiracy theories everywhere - the assassination of JFK, the moon landing (or not), ownership of the Fed and the BOE, the list never seems to stop. I even met someone the other day who in the first five minutes of conversion declared that Bill Gates is paid by the CIA and the internet is owned by them also. I'm truly at a loss to understand it all, it's almost paranoia.

They, as indeed have many of the world's population, have been taken out of touch with reality by Holywood and media sensation. Otherwise their lives would be so mundane and boring, that they would have nothing occupy their brains and vocal orifices.

Maybe such sufferers should be force fed a diet of Coronation Street and Crossroads?

Edited December 19, 2008 by 12DrinkMore

[PCA]

Why is it that Americans see so many conspiracy theories everywhere - the assassination of JFK, the moon landing (or not), ownership of the Fed and the BOE, the list never seems to stop. I even met someone the other day who in the first five minutes of conversion declared that Bill Gates is paid by the CIA and the internet is owned by them also. I'm truly at a loss to understand it all, it's almost paranoia.

They, as indeed have many of the world's population, have been taken out of touch with reality by Holywood and media sensation. Otherwise their lives would be so mundane and boring, that they would have nothing occupy their brains and vocal orifices.

Maybe such sufferers should be force fed a diet of Coronation Street and Crossroads?

you should honour your name and drink more instead of discussing topics you have no clue about. Everything what happend was planned to the smallest detail. Unfortunately people are so much brainwashed from our artificial society thinking that they cannot see further than their neighbours fence.

[lannarebirth]

Why is it that Americans see so many conspiracy theories everywhere - the assassination of JFK, the moon landing (or not), ownership of the Fed and the BOE, the list never seems to stop. I even met someone the other day who in the first five minutes of conversion declared that Bill Gates is paid by the CIA and the internet is owned by them also. I'm truly at a loss to understand it all, it's almost paranoia.

They, as indeed have many of the world's population, have been taken out of touch with reality by Holywood and media sensation. Otherwise their lives would be so mundane and boring, that they would have nothing occupy their brains and vocal orifices.

Maybe such sufferers should be force fed a diet of Coronation Street and Crossroads?

you should honour your name and drink more instead of discussing topics you have no clue about. Everything what happend was planned to the smallest detail. Unfortunately people are so much brainwashed from our artificial society thinking that they cannot see further than their neighbours fence.

Book Recommendation:

http://www.amazon.com/Shock-Doctrine-Rise-...m/dp/0805079831

[AlexLah]

Exactly PCA, that is why I gave a few l,inks.

To get people started to do some research themselves.

But it seems mostly peeps want to be spoonfeeded here.

And will not believe, either imagine that there is a plan constructed by the mighty elite.

It is OK, they will be the first to die in the coming collapse.

Fema camps have been set up for some time and guess who will be inside.

Interest times to come and I guess I am a bit save from Thailand.

[pkrv]

Why is it that Americans see so many conspiracy theories everywhere - the assassination of JFK, the moon landing (or not), ownership of the Fed and the BOE, the list never seems to stop. I even met someone the other day who in the first five minutes of conversion declared that Bill Gates is paid by the CIA and the internet is owned by them also. I'm truly at a loss to understand it all, it's almost paranoia.

They, as indeed have many of the world's population, have been taken out of touch with reality by Holywood and media sensation. Otherwise their lives would be so mundane and boring, that they would have nothing occupy their brains and vocal orifices.

Maybe such sufferers should be force fed a diet of Coronation Street and Crossroads?

Nooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo

ooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo

ooo <edit can I do several pages of this end edit> Nooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo

[flying]

Book Recommendation:

http://www.amazon.com/Shock-Doctrine-Rise-...m/dp/0805079831

Boy I bet that is a good read!

I also bet it is 100% accurate.

Ever since 9/11 we have seen them use these methods.

"We better do this Bin Laden or TERROR !!"

" We better make this U turn in Afghanistan & chase

this HEAD of TERROR!! in Iraq"

"700 Billion or there will be TERROR ! You do not even want to

know how bad it will be if we dont do this right NOW !!!!!!"

I hope all these BS Politicians die a slow & TERRIFYING death

[Khun Jean]

Another link that explains what is happening is Chris Martenson's 'Crash Course'.

[flying]

Another link that explains what is happening is Chris Martenson's 'Crash Course'.

I still think that is the best.

I have been telling my friends for months to watch that.

It is put together very well.

[Pakboong]

Banks that hold the controlling stock in the Federal Reserve Corporation:

Rothschild Banks of London and Berlin, Lazard Brothers Bank of Paris, Israel Moses Sieff Banks of Italy

Warburg Bank of Hamburg and Amsterdam, Lehman Brothers Bank of New York, Kuhn Loeb Bank of New York

Chase Manhattan Bank of New York, Goldman Sachs Bank of New York.

[percy2]

Banks that hold the controlling stock in the Federal Reserve Corporation:

Rothschild Banks of London and Berlin, Lazard Brothers Bank of Paris, Israel Moses Sieff Banks of Italy

Warburg Bank of Hamburg and Amsterdam, Lehman Brothers Bank of New York, Kuhn Loeb Bank of New York

Chase Manhattan Bank of New York, Goldman Sachs Bank of New York.

Sure?

Cheers

[buddy]

"Federal Reserve banks are not US Federal agencies and are thus not subject to the Freedom of information act. See, Lewis vs. the USA, 1982."

So the Federal Reserve Bank has a .gov domain name, which implies a Government agency, yet on the other side of the coin the Federal Reserve Bank is a private commercial bank that is not subject to the said Freedom of information act.

The naming disguise and the way the Fed banking set up is engineered is so that when it suits them they can choose to be a Government agency and when it suits them NOT to be a Government agency?

Even with the above mentioned court case, the Fed chose to be represented as "the USA" meaning Government, yet when Bloomberg requested information from the Fed about the banking bailout they deflected any enquiries by claiming they are not a Government agency?

Very clever!

[Khun Jean]

Very clever AND very stupid the American people accept it, now many know about this still nothing is done.

Do something about it, go protest!

Voting for Obama will not change a thing, he will be taken to a small backoffice and told the truth how everything works and will continue to follow their wishes.

Only the American people have the power to change it.

[AlexLah]

They will never do.

They are too much hooked up to their HD TV.

Ha ha ha .

A perfect experiment on how to control people is unfolding.

Keep denying, soon you will end up in a Fema Camp.

Slave labour just like 1940.

Good luck all.

This is funny.

And sad at the same time.....

[12DrinkMore]

and now these leeches and destroyers of our wealth have the audacity to award themselves GBP 6,400,000,000 at Goldman Sachs, Morgan Stanley, Merrill Lynch and Dresdner Kleinwort for a JOB WELL DONE. DUH!

http://www.guardian.co.uk/business/2008/de...es-city-finance

And that is just the first of a spate of mega bonuses.

Many many millions of people are in deep financial problems, the banks have taken billions in bail out funds and these B A S TA R D S are still ruthlessly taking everything they can for personal gain. Utterly incredible.

Look at the figures for Dresdner Kleinwort, 2,000,000,000 LOSS and 1,000 employees to be kicked out (although that's OK by me, another 4,000 should go), and still the Top Dogs award themselves 400,000,000 bonuses.

Why are there not riots outside the banks, why are the governments bailing these guys out?

I am so fed up with this.

[flying]

They talked on CNBC about this happening here at GS in USA too. The announcer justified it by saying well if they dont get the bonuses they will go work elsewhere. Hard to swallow eh?

Edited December 21, 2008 by flying

[percy2]

BAAAAAA