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.
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)
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?
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!
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.
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.
Sorry guys, this one was weak. Oh well, they can't all be great.
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.
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?
Sorry, Ad Nauseum:
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?
The banks and Ben will rule. Tim has no clue what is going on. Neither do the Fed governors....
Pretty funny. We're so screwed!
Does that have a NSFW ending?
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.
laid
where is his pet beard?
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!
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.
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.
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.
Tell me again, how a private Fed's profits go straight to The Treasury? I think you are wrong there.
Hello!! McFly!!
you don't have an opposable thumb, do you?
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.
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?
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.
Shameless plug for another good XtraNormal video:
http://www.youtube.com/watch?v=v76PM6-4yGk
how about the Ben Bernank as Col. Jessup
in A Few Good Men
http://www.xtranormal.com/watch/7933323/
Nice..
Did you order the bailout of foreign banks?
Your goshdarn right I did!!
Priceless!
+1
Now that is quality. Tyler should definitely post this one.
"You want me on that Helicopter..You need me on those printing Presses"
Treasury to sell remaining Citi shares in public offering - obviously Tim is not getting a good price on his bailout.
*That is good. I am very happy when the government pays people for not working* lmao Priceless
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.
Debt for equity, bitchez!
Another cartoon
Obama Fires Bernanke
Part 1 - http://survivethegreatinflation.com/cartoon1-2/
Part 2 - http://survivethegreatinflation.com/cartoon2-2/
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.