Audit of the Federal Reserve results available now

Originally posted by 0zzymand0s
Between 2007 and 2011, the Federal Reserve has "loaned" over 16 TRILLION dollars to foreign banks and corporations at ZERO (0%) interest.

It's

socialism for the rich

, and bootstrapping for the rest of us.

And now our corporate leaders are saying it's sick people who are responsible for the financial crisis, not corporate greed. September's WEF says the NCD Pandemic is an "economic issue, not a health issue." Our corporate leaders want us to do a bit of culling, cuz the NCD Pandemic is predicted to cost $47 Trillion by 2030 - coincidentally?, 1/3 of that, $16 Trillion, will go to mental health.

Looks like they're negotiating a trade-off.



S&F&

Originally posted by EspyderMan

Originally posted by apacheman
reply to post by jessejamesxx

 

It is what the protests are about.

Hard to see why people don't understand that.

People are easily fooled. The media writes "the movement has no voice, the movement has no purpose" and the sheeple regurgitate that in their writings and sayings while acting as though it was an independent thought.

I usually call those people ignorant and blind. Listen to the movement not the media covering it, you shall have your answers.

Originally posted by Misoir
I have a better idea what they could have done with $16 trillion if they absolutely had to print and spend it at 0% interest rate.

$16,000,000,000,000 as a direct check divided up between the 308,745,538 Americans would equal $51,822.61 for every single American. 27.3% of the population is under 20 years of age so if we take that out of the population and just use the population 20+ in age that would be $71,282.82 per adult. People could have kept their homes, invested in savings, encourage entrepreneurship, and saved themselves from poverty. Or we could have eliminated the $14 some trillion national debt we currently have.

Nice job FED, let the American people become homeless and give all that money to other banks for free.

edit on 10/18/2011 by Misoir because: (no reason given)

Both these posts are full of win. Mr. XYZ posted a Rolling Stone article in a different thread which is quite long but nevertheless quite relevant to the discussion at hand even though it focuses on Goldman Sachs in particular and the various bubbles they helped create. I'll try and see if I can locate the actual article.

Edit: found it - www.rollingstone.com...

Originally posted by jessejamesxx

Originally posted by apacheman
reply to post by jessejamesxx

 

It is what the protests are about.

Hard to see why people don't understand that.

If you ask the 99%, it's about how they can't pay for school, and how the government should give them a free ride.

There isn't a large "end the fed" movement in the protests, it's about Wallstreet. Wallstreet isn't directly related to the banks taking bailouts, and the FED dishing out all of our money.

The reason it's hard for people to understand, is because the protests, from an outsiders point of view, have been taken over by an extreme leftist view. They hate RP.

You miss the point by a mile.
Not one soul in the OWS protests wants the government to "give them a free ride".

They want the "free rides" for big business at our expense to stop.

Some people are upset because there is no OWS leader to much rake, no set of demands or talking points for them to study and rebut.
They are confused because OWS isnt like a political party open for spin and slander.
They do not know how to deal with a true voice of the people.
People are sick and tired of the BS, the lies, the "spin".

It doesnt work with OWS because it's not a "movement".. it's a refelction of the concerns of the majority of the American voting public and it scares the pants off them, because they have no idea how to "fight" it.
The strangest thing is.

reply to post by BadNinja68


It's grown to become more then a movement. It is a true political reckoning campaign.

Folks this is definitely TYRANNY.

The protests definitely have the elite criminal cabal running scared, because they know what is coming next when the protests don't change anything and they already know that most elections are rigged,

The only way to remove these tyrannical elite criminals from power is the removal tool our Founding Fathers gave us in the Constitution, the Second Amendment. These thieves are not leaving power without a fight and we need to give it to them.

reply to post by soficrow


Good thread, reading now. Thank you!

I don't borrow, so I'm unclear as to what this is all about. What is the Fed getting out of this? Is the Fed just taking some of the fake money to pay the bills? Banks got loaned fake money to pay back at no interest. The banks loan the money to the public to pay back with interest. Are people then paying back the fake money with real money? It looks like a bunch of slaves making products and services for the same bankers they are paying interest to. The people put their slave wages in the bank so it can be loaned for profit. In the end, what gives any of this money any actual value? It seems to me the only things of real value are the slaves and some of their products and services. Since there are a lot of useless products an services, the workers seem to be the most valuable things. That's us. Why would we participate if we're holding all the cards?

Originally posted by jessejamesxx
This is what the protests should be about. As well as the bank bailouts.

If you would go to the OWS .org site you would see that this is- in a nutshell- exactly what the protests are about. The utter abuse, theft and fraud going on in financial institutions world-wide.

reply to post by gentledissident


I would give you 10 stars if I could.

reply to post by gentledissident


It is absolutely "fake" money, but it doesn't stop these corporations from using it to balance their books, pay their bills, or claim deductions due to profit loss.

Here's the skinny in derivatives for example: Imagine a loan on a 100K house, which is "worth" 180K at term. Now imagine that the "bank" that wrote this note sells it to another bank for 110K -- which give the original note seller a 10K profit, and has a theoretical value of 70K to the new buyer as well. Now imagine that buyer packages this note with several others and sells it for 120K, because it is still going to "pay out" at 180K. This continues on through dozens of slices, called derivatives, until the house has a "book" value of 2 million dollars in derivatives, which is to say -- the value of all of these "slices." If the original buyer of the home defaults, 20+ "banks" write off 2 million dollars, and the last man standing files an insurance claim for 90% of the original market value of the home, before selling it at auction for 40K, earning itself 130K. On the books, the economy has taken a 2 million dollar hit, and the various banks involved keep everything they made over the "life" of the note.

Please note: The above is a grossly over simplified example, designed to make the process a bit more transparent for regular people. In reality -- the paper trail is obscured through a process which allows the original note to be sliced and sold to dozens (or more) parties simultaneously, over and over, as part of a larger package known as a tranch. This is how the mortgage market magically appears -- on paper -- to be worth more then 10 times the GDP of the entire world. It isn't of course. Most of it isn't "real" by any standard or definition of "real" that you or I would use to judge a things nature or reality, but that doesn't stop the witchcraft. The vast majority of both profits and loss at this level is pure voodoo. It has no objective existence or value, and yet -- it drives the machine that makes the world spin on its axis

16 trillion dollars is.....
$2,000 for every single man, woman, and child alive today on our entire planet.

16 trillion dollars is.....
a $30,000 car, a $20,000 education, a $3,000 vacation, and $17,000 spending money
for every adult in America

16 trillion dollars is.....
what has been stolen from our tax money by the Federal Reserve (a private bank) and given to other bankers around our world in the last 4 years.

16 trillion dollars is.....
228,571,428,571 fifty-pound bags of rice (that's 228 billion bags)

16 trillion dollars is.....
spending 30 million dollars every minute for a year

16 trillion dollars is.....
not in their pockets because they worked 40 hours a week....

reply to post by the4thhorseman


What's your source for that info? Not doubting you, just wondering.

Anyway, I think the answer is both. Either stop giving unfair advantages to people at the top or give the same treatment to everyone. What they are doing is repeatedly working for the same small group of people while the mass of people's quality of life declines (employed or not).

reply to post by 0zzymand0s


Simply stated, and right to the point. The amount of money that is continually spent by the Federal Reserve is out of this world. One word comes to mind - Gross.

Originally posted by vapor
reply to post by the4thhorseman

 

What's your source for that info? Not doubting you, just wondering.

I was on a local radio station here. They sent out an intern to ask questions and the callers had to guess what the response was going to be. One of the people questioned just happened to be an Occupier. I am not a fan of this station but I caught it channel surfing on the way to work. I will see if I can locate a podcast or transcript of the morning show. 104 KRBE is the station.

Was wondering if anyone could answer this question for me:

If instead of loaning trillions to offshore banks, the Fed used it to eliminate the deficit, wouldn't that just mean we would owe the money to another entity (the fed)?

Thanks.

reply to post by the4thhorseman


Ok, as far as I knew they only put out a list of grievances, which is different than demands. So I was just wondering where the demands were coming from.

I think what I was getting at with the money after money comment is that banks were givin enough money to balance their books already. But instead of using that money responsibly they continued to reward high risk investments with large bonuses. They keep doing this, each time saying they need more and the results will be even worse if they don't get it this time. Now imagine someone received all the money they needed to pay off their student/house loans but instead of balancing their books they spent it all on lotto tickets and candy. Then those same frivolous gamblers came back and demanded more. Both cases are worth protesting about.

reply to post by 0zzymand0s


The reasons for what you see are historical.
What has been removed from books is the history of Babylon.
The Babylonian Slave queen Selene and her husband/brother Syn have been renamed to hide them. Their statues are in the 'Vatican' for a reason. Selene is listed under her greek name 'Arsinoe II' and Syn is under his roman name "Ptolemy Philidelphus".
I'm going to give you the 'short' version
Selene's god was 'El', short for 'Elohiem' with whom Man is at War with in the War in Heaven". "AL, IL, EL" are Latin suffixes for 'god', they have simply removed what Sumerian god, it was the El.
"K/C", "C/CZ/S", "I/E/A" are all interchangeable in germanic & saxon words. "I" is 'of' in Latin Root word formations.
Selene created the "Pap-al", "Roy-al", & "Feder-al", the 5 day work week, Banking & Corporations all as a specific form of slavery.
"Pap" is 'Father' (of) EL, "Roy" is 'Blood' (of] EL, "Feder" is germanic for 'Bloodkin' (of) El, and most often used in patriarchal terms such as 'uncle' (Uncle Sa-M(a-El)
"Federal" also translates by Latin Law into "Fe" meaning "Fee", "Der" meaning 'Due", El..."Fee Due EL".
This was the Latin Pharaonic Claim of Divine Right given to the Federals to collect the Fee due El from the Slave populations which was anyone under Federal Law. This law is upheld at the Three Independant City States, Vatican/Rome, London, D.C. who are all under Roman Latin Law.
The Canon Law is that "All names of 'gods' must be in all capital letters"; "All Covens of 'gods' must be in all capital letters, precede by 'of' to denote 'possessed by' gods, and must display their registered Coven symbol" which is now called the Corporate logo.
This is why it is noticed that 'Chase' banks logo is the "Melchizedek Order of Lilith"; Selene's name in the 4th World. "chize" is 'Chase'.
And this is why as late as the 1700's Corporations would brag that their coporation was given to them 'by god'.
"Vatican" is also spelt "Vatikan" in german. "Vater" is "Father", "i" is 'of', "can" is 'kin', "Father of the Kin" of El.

The way it originally worked was that all men had a right to the 'fruits of their labor'. Each man was 'king of his own castle' we were self ruling, there was no 'kings' or 'governments' as we know them now. There was no war, we were known as 'the good neighbors'. Few people know that an advanced society is not based on technology but on the Society itself and its care of the populations. But we were advanced AND we had advanced technology that was Crystal Technology. We knew how the Creation worked, and built systems based on those energies. In every new World we are given a new name, and this is part of the Esoteric Law.

Then there was a War of Conquest by SET and his sister/mate Tiamatt. In the 1st world he was called SET, 2nd World 'Apsu', 3rd World 'Annu', and in this 4th World he is called 'An' of Nibiru. The El are SET's offspring, they are the D.N.A. of amphibious Frog, and they used their genetics as a bridge splice to cross species barriers and create hybrids and they used their name in everything they created or conquered. "Ang-el", "Micha-el", 'Gabra-el". They enter our domain on the 33rd Degree line. And all of this is why they were known in Babylon as the 'Whore'. And this is where all the legends of 'monsters' came from, and why the Sumerians who were their peoples, had D.N.A. models. Sumerian is their language.
The gnostics had it right. "Tiamatt" is the origin of the word 'matter' for a reason.

This began the Coven Age of Azaz-el. In the 1st world he was 'Azazel' and created the Coven 'Wicca', "C.A." in Latin root formations is "Coven Azazel".
In the 2nd World he was called 'Baphomet'; in the 3rd World of Selene he was called "Massawa" the 'Great Architech god' of his Coven the Freemasons, and this is when they changed from 'Coven' to 'church/religion'. In the 4th World he is called 'Massa' by the Hopi and this is who the 'Landlord' of Earth is and why your property deed says 'Tenant' instead of 'owner'.
'B.C'/'A.D' does not mean 'Before Christ/After Decent'. Nor does 'Nephilheim' mean offspring.
Enlil & Inanna are the fraternal twins, and as 'Selene & Syn' their names were altered to 'Magda' meaning 'Most high'-lene, and Syn's sumerian name in the 3rd world was 'Isu' which became 'Jesus'. "sa-ma-el","lil-ith" are the acronyms for the 5 ruling covens that comprise the Federal Coven of Selene. "Sa(tan);Ma(ssawa);El(oheim);(En)lil;(Lil)ith. The last time the Federals were caught out as the specific Coven of Selene was in the incident called the "Merchants of Moscow" 1560*1680, and it ended in a pogrom.
It is directly from Babylon that you get the term "Covet Means" & the law "it is illegal to remove money from the people and place the people in debt"

What I've left out, is how their system worked...but only because I'm out of 'space' and dont want to bore you!

Interesting how this thread is NOT at the top of ATS main page even though it has the most stars of any topic lately. Coincidence? Not likely. It has been reported that the Fed has tried to censor news about itself and threads just like this one aggressively asking organizations to block attention .

Note to the CRIMINAL MONEY MASTERS.....YOUR TIME IS SHORT NOW, WHY NOT JUST REMOVE YOURSELVES FROM POWER AND HEAD TO YOUR D.U.M.B.S.

reply to post by YellowRoseTx51


Listen -- It will take me DAYS to look a lot of that up and try to make sense of it, but the very last thing in the world you just did was "bore me."

Where does it say 0% interest? Also, that money has to be paid back, so it is not like just giving every man, woman & child 40k or whatever. I do agree with most of the remaining sentiments/ statements in this thread, just don't be spreading incorrect information.

And does propping up struggling economies in other countries have a positive effect on the US economy in the short or long term? Or would it be better (for the US) if those economies continued struggling/ slowing/ whatever and a higher percentage of global investments went to the comparatively safe haven of the US dollar and economy?