U.S. Federal Reserve funnels $30B into overseas money markets

U.S. Federal Reserve funnels $30B into overseas money markets

www.cbc.ca

The Federal Reserve, in co-ordinated action with foreign central banks, plowed $30 billion into money markets overseas Wednesday

Last week, the Fed and other foreign central banks pumped as much as $180 billion US into money markets overseas.

(visit the link for the full news article)



Related AboveTopSecret.com Discussion Threads:
Int'l bankers attempting to destroy America - NWO - 9/11 - Federal Reserve - Smoking gun



[edit on 9-25-08 by tsEnigma]

More U.S. Citizen tax dollars at work Without Legislation to keep the Globalists happy !

The machinations during this Financial Crisis are really bringing a lot of things to light.

How much more need I say on this. How much more need I say on this. How much more need I say on this. How much more need I say on this. How much more need I say on this.



www.cbc.ca
(visit the link for the full news article)

We're Already bailing out foreign money market funds !

You know if those guys won't to bail out some and be helpful why not be helpful to the millions who are currently or are still paying off college loans? It seems their views are a little mixed up at the moment and seem to be drifting off even further at this point and time. Jeez this world seems to really have gone sour, and was once so sweet.

Doesn't people get it, our nation needs to bail out the foreign nations that are the ones that support our debt.

If we don't bail them out, how will our nation be able to keep borrowing money to support from the infrastructure, government spending, social programs and two wars with and outrageous trillion dollar budget.

This is nothing more than perpetuation the credit merry go around and the national debt.

I say let the whole system crash, and the he** with foreign investors, lets get into a deep depression, and rise up with a new working finalcial system and govt.
i don't care how they sugarcoat it, there is NO reason for the average hard-working taxpayer to have to take responsiblity for bad decisions from companies who gambled and lost, but yet they still get to get a "large" compensation package while the true workers for those companies get to go to the unemployment line.
Put all the CEO'S that bring down companies accountable for the actions, throw them in jail, and take ALL there assets and put it back into the system, and let them worry about re-building when they get out of prison.

If i write a few bad checks, i get a visit from the county sheriff, but the govt. can write billions of dollars that they cant pay, and it's no problem.

The problem is NO ACCOUNTABILITY in the big picture of things, but when the fit hits the shan, the P.T.B decides its ok to make us pay for it.
I have no money tied up in any of these corps, so why should we bail them out??????????????????????????????????????????

In the fuedal times, the rulers kept taxing and taxing, till the people had enough..... then riots...

if they raise our taxes, I think everyone in america should raise there excemptions, and then refuse to pay taxes at years end. Can you imagine what would happen if all of america refused to pay taxes.......The best form of non-violent protest, as violence would only cost a lot of lives, and the PTB would love to have the chance to break us down more.

just my 2 cents, that I am not going to give to the govt.......


edit---- I live in Nevada and gamble on occasion but when i lose, I lose, I cant go up to the pit boss, and say, "hey, i made a bad decision, and i need a bailout." ACCOUNTABILITY ACCOUNTABILITY ACCOUNTABILITY ACCOUNTABILITY ACCOUNTABILITY ACCOUNTABILITY ACCOUNTABILITY ACCOUNTABILITY ACCOUNTABILITY ACCOUNTABILITY ACCOUNTABILITY ACCOUNTABILITY ACCOUNTABILITY

[edit on 26-9-2008 by damntheptb]

I am too old to have to deal with this insanity. These are supposed to be my golden years and all of the gold has been replaced with inflation and debt. All the time I hear the cliche, "Tax and spend" about the Democrats. To me that makes a hell of a lot more sense than the, spend and tax philosophy that is causing us to fall behind third world countries in our living standards. I can remember living quite comfortably taking home $150.00 a week. I could afford to drive a Cadillac, live in a house in a nice neighborhood, chase women and catch them, and always have spare cash. Three quarts of Lone Star sold for a dollar. I really am too old, but not so old that I should have seen this much of a decline in the worth of human labor.

Marg is spot-on on this one--the Fed is working on concert with other central banks and frankly has to, as they're all in this together, and if they didn't, they'd get no support in return, and the foreign investment (read debt) that keeps us going will vanish.

Interesting that the bail out bill has to be passed before October 1, what many doesn't know is that is during this time that our debt goes on the auction block for sell.

Today the markets were very worry about how Japan and China was going to open.

Why is that?

Because Japan and China are our biggest buyers of that debt.

Japan used to be first now China has surpassed Japan.

That is why this bill will be passed on Sunday night just before the Asian Markets open.

Something that got me and make me angry is that one senator dares to say that American people doesn't understand the situation excuse me!!!!!!!! we may no be market savvies most of us but we are neither dumb and stupid.

What a rat.

[edit on 26-9-2008 by marg6043]

It's really comical that we need spreadsheet entries to 'keep us going'.

One might think, wrongly, that there is actual money moving around instead of the toxic paper that doesn't even exist as reserve notes, or bearer bonds, just virtual concepts on a spreadsheet in some fat cat's computer.

Let's not forget that the 'debt as money' system is the paradigm that 'keeps us going' and not the value and assets of the American people.

I know it seems like a trite observation, considering reality; but we have allowed them to change reality into a virtual ball and chain around our collective throats.

I wonder how the Fed would like it if everyone stopped paying there taxes. What are they going to do, throw every tax payer in jail? Noooot. Could you imagine the look on all the faces in Washington if that happened?

reply to post by FiatLux


FL,

They have been increasing the prisoner holding capacity of this nation since 2000. WHile we have the shame of having the highest per capita prisoner population in the civilized world, the have increased the capacity using FEMA and DHS as the justifying agencies.

I'm surprised how many people haven't noticed. It should have become quite apparent once the privatization of prisons became 'investment vogue'.

if the elite banker's don't want to go under....

make a pool of all your money and get your own self out of debt like you make us every day of our life's.

loan denied!!!!!!!!!!!!!!!!!!!!!!!

Originally posted by FiatLux
I wonder how the Fed would like it if everyone stopped paying there taxes. What are they going to do, throw every tax payer in jail? Noooot. Could you imagine the look on all the faces in Washington if that happened?

Not a coincidence that the Income Tax 16th Amendment came into effect the same time as the Federal Reserve Act