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Tim and Ben - One on One

Bruce Krasting's picture




 

 

 

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Mon, 12/06/2010 - 23:21 | 784517 Clapham Junction
Clapham Junction's picture

Sorry guys, this one was weak. Oh well, they can't all be great.

Mon, 12/06/2010 - 23:08 | 784496 honestann
honestann's picture

What stock is this?  Ownership of the humans in the USSA?  Sounds exactly like what the predators-that-be want... overt ownership of the country and enslavement of every fool willing to live and work in their scam-isdiction.

Mon, 12/06/2010 - 22:35 | 784437 Seymour Butt
Seymour Butt's picture

It's like the old Churchill story: 

Would you sleep with me for a million dollars? Yes. 

Would you sleep with me for five dollars? What kind of girl do you think I am? 

Mon, 12/06/2010 - 21:48 | 784324 Billy Shears
Billy Shears's picture

Sorry, Ad Nauseum:

I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.
Thomas Jefferson, (Attributed)
3rd president of US (1743 - 1826)
Mon, 12/06/2010 - 21:36 | 784261 Mercury
Mercury's picture

So Bruce,

Let me get this straight -  via QEs 1-X the Fed electronically creates money, buys Treasuries in the open market and then at some point swaps those bonds ($4T worth in this example) for newly issued perpetual preferred stock issued by the Treasury.  That huge chunk of Treasury debt, now owned by the Treasury itself, is retired and now,  instead of coughing up coupon payments twice a year the Treasury instead pays out dividends (to the Fed) which in turn just hands the money right back to the Treasury which of course effectively means zero debt service costs.  Since the preffered stock is technically equity and perpetual, there is no principal that ever matures which means at this point that the Treasury has successfully eliminated it's previous debt and debt service obligations equal to the amount of the swap?

Pure evil genius.

To complete the circle that means (I think) that the big banks, who now have previously non-existent cash currency instead of Treasuries, effectively control when and how fast an ultimately massive amount of inflation seeps into the broader economy - no?

Mon, 12/06/2010 - 22:19 | 784404 Bruce Krasting
Bruce Krasting's picture

The banks and Ben will rule. Tim has no clue what is going on. Neither do the Fed governors....

Mon, 12/06/2010 - 21:01 | 784173 no cnbc cretin
no cnbc cretin's picture

Pretty funny. We're so screwed!

Mon, 12/06/2010 - 20:03 | 783998 Bastiat
Bastiat's picture

Does that have a NSFW ending?

Mon, 12/06/2010 - 19:55 | 783972 Cooper Marl
Cooper Marl's picture

I get them confused, but why does The Benank look like the Greedspan.  And the Geihtner looks like the guy I layed off last month.

Tue, 12/07/2010 - 03:10 | 784799 jeff montanye
jeff montanye's picture

laid

Mon, 12/06/2010 - 19:25 | 783889 Sespian
Sespian's picture

where is his pet beard?

Mon, 12/06/2010 - 19:23 | 783884 decon
decon's picture

What is it with these computer characters always shifting when seated?  They must be wearing Apache underwear!  They sneak up and wipe you out when you're not looking.  Or it could be they're sore from the buttfucking the TBTF's give them in return for all the free money!

Mon, 12/06/2010 - 22:24 | 784414 Bruce Krasting
Bruce Krasting's picture

There are options in the program to insert for the character. Happy, Sad, Confused etc. When I added them they made the character shake. I have no idea why. I will use this format again. Not so hard, I think I can do much better. Fun.

Mon, 12/06/2010 - 19:10 | 783832 greenewave
greenewave's picture

Watch the video and exlcusive interview of Infamous Washington Crook Ben Bernanke "Rare CBS Interview!! Ben Bernanke 100% Certain of Economic Recovery – Just like in 2007” at (http://www.youtube.com/watch?v=jtl_jHhNXWo).

by Anonymous

And that is a? spot on answer. Bendover and grab your ankles America.

Mon, 12/06/2010 - 18:10 | 783597 Thisson
Thisson's picture

Yes, the Fed claims to remit interest paid by treasury back to treasury. 

They can still print money to buy other debts, and they get to keep the interest on that and pay that out in salaries and dividends.

Mon, 12/06/2010 - 18:00 | 783552 SwingForce
SwingForce's picture

Tell me again, how a private Fed's profits go straight to The Treasury? I think you are wrong there.

Mon, 12/06/2010 - 21:20 | 784234 penisouraus erecti
penisouraus erecti's picture

Hello!! McFly!!

Mon, 12/06/2010 - 20:09 | 784013 the grateful un...
the grateful unemployed's picture

you don't have an opposable thumb, do you?

Mon, 12/06/2010 - 18:54 | 783767 MarketTruth
MarketTruth's picture

The privately-owned Fed is a front for it's members (JPM, GS, Rothschilds, Rockefeller, etc) and guess how much profit those members make yearly.

Mon, 12/06/2010 - 23:48 | 784569 TwoShortPlanks
TwoShortPlanks's picture

2% on money printed out of thin-air is a killing!!!

I wonder, is all decrease in purchasing power (Inflation) related directly to this Fiat Currency Skimming process?

Mon, 12/06/2010 - 21:29 | 784265 Herd Redirectio...
Herd Redirection Committee's picture

Bullseye!  Dead on.

It is a Cabal, and there is no meaningful difference between the big Wall St firms and the Fed.  They are all one and the same.

Mon, 12/06/2010 - 17:34 | 783433 Bearster
Bearster's picture

Shameless plug for another good XtraNormal video:

http://www.youtube.com/watch?v=v76PM6-4yGk

Mon, 12/06/2010 - 17:31 | 783427 gerd
gerd's picture

how about the Ben Bernank as Col. Jessup

in A Few Good Men

http://www.xtranormal.com/watch/7933323/

 

Mon, 12/06/2010 - 18:16 | 783627 goldsaver
goldsaver's picture

Nice..

Did you order the bailout of foreign banks?

Your goshdarn right I did!!

Priceless!

Mon, 12/06/2010 - 17:55 | 783533 John McCloy
John McCloy's picture

+1

Now that is quality. Tyler should definitely post this one.

"You want me on that Helicopter..You need me on those printing Presses"

Mon, 12/06/2010 - 17:30 | 783423 whatsinaname
whatsinaname's picture

Treasury to sell remaining Citi shares in public offering - obviously Tim is not getting a good price on his bailout.

Mon, 12/06/2010 - 17:18 | 783368 lo574
lo574's picture

*That is good.  I am very happy when the government pays people for not working*  lmao  Priceless

Mon, 12/06/2010 - 18:26 | 783661 blindman
blindman's picture

did you ever think that the "economy" would get to

the point where the people who do not work would be

doing less damage than the people who do work?

there, i did.

Mon, 12/06/2010 - 17:11 | 783302 hedgeless_horseman
hedgeless_horseman's picture

Debt for equity, bitchez!

Mon, 12/06/2010 - 18:58 | 783792 techperson
Mon, 12/06/2010 - 23:19 | 784513 honestann
honestann's picture

What a great 2-part video!

The only error is... Obama would never do that.  You should change the Obama character to Ron Paul, then it makes sense, and is twice as funny.

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