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Stick save for the bankstas. I can't wait for the new Fed program called "Twin Peaks" to start. Premiering in 4....3....2....
Nice CD - for today's performance of "Twin Peaks" the roles of David Lynch will be played by Hank Paulson & Mark Frost will be played by Ben Bernacke..and without further ado....
More discount window release information here:
When the amount "borrowed" decreases, as shown on the above chart, does that mean the money was paid back?
The short answer is "no". The Fed likes to print up all kinds of cute graphs showing all kinds of money porn. That graph you are looking for may not even exist.
Just another entry to the invoice for future generations.
Looks normal to me. Why the drama?
There was trillions in collateral committed...right....right??? Surely, they didn't commit to loans without collateral.
WTF?! - How the hell would you model that event?! Well you see one fine day we were walking down the Yellow Brick Road when SUDDENLY...
where's the link to the actual data so we can see for ourselves?
Not available...just accept our summary.
the fed exists to make the rich richer. that is all.
that money was paid back with money they stole from the taxpayers.
They are still finishing the stealing operation.
Observe your 401k to see the thrilling conclusion.
It includes the details up to March 1st...what do you think this shit has been going like absolute hell since the 2nd?
Here are links to the Federal Reserves collateral guidelines in .PDF and a risk collateral margin table in Excel format. The Fed uses an "internal fair market value estimate" when determining the loan amount to the requesting institution. If you notice on page 9 of the .PDF, none of the loans, inclusive of mortgages, which are pledged as collateral for a discount window borrowing can be more than 60 days past due. I wonder if they bent the rules a bit on that one?
our money, they got
Bloomberg just showed two european banks (one Belgian and one with ties to Ireland?) both received in excess of $25 billion from the Fed. The obvious question the Bloomberg bobbledome asked was:
"If these european banks have received bailout money from the ECB (@50 billion euro), why are they also receiving bailout money from the Fed?"
I had to chuckle....apparently the bobbledomes on FTV don't get it yet.
P.S. Just imagine people....this is the data TPTB are ALLOWING you to see.
Gods work requires no collateral
Wreckless bank, "I'll take $100 billion .... and a shamrock shake."
McDonalds girl Ben, "Do you want fries with that?"
I am in love with the McDonalds girl....
I have now seen it all...
The Fed MUST be ended
"Fed's Tarullo says bubbles, excessive leverage, crises, cannot be prevented , regulation aimed at reducing incidence, limiting severity"
bubbles, excessive leverage, crises caused by the Fed
increasing incidence, increasing severity... The Fed again causes
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