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You Are Welcome, Fed
Before (as in 3 hours ago)
And after (as in right now)
You are welcome, Federal Reserve.
Oh and sorry everyone else, the US government still owes you over $12 trillion in "debt held by the public" which will never be repaid in its current form.
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WTF?
Yeah! WTF?
Coming to a bond holder near you when the gubbimint defaults!
I refuse to recognize the new chart! I do not owe you an extra 7 trillion.
Tyler(s), I hope you're sending them a bill for your time. I'm thinking $150,000 per hour ought to cover it. ;)
LOL kudos TDs
How about the 10 trillion of Iraqi dinar reputed to be held by the USGov at $0.001 per dinar helping to valance the books.
The vaunted Iraqi dinar revaluation is upon us according to the Fed, LOL.
If I were an over, er, highly paid financial official, that simple little 7 trillion dollar mistake would have slipped by me , too.
Now thats a volitile dag that had some halts and busted trades.....no?
this is why I read zero hedge
hugs,
misteryellens
You talking the 4.44 grams of pure gold dinar or the paper BS the central shankers are passing as 'money' these days?
Agree. Bet the FED will say: "The check is in the mail".
The FED is also telling us "It's coming out of your paycheck."
"I refuse to recognize the new chart! I do not owe you an extra 7 trillion."
Just this chart???
Ever since the JFK assassination and the Warren Commission coverup is there anything coming out of the Fed Govt that is believable???
"You are welcome, Federal Reserve."
Yay!
"Oh and sorry everyone else, the US government still owes you over $12 trillion in "debt held by the public" which will never be repaid in its current form."
Awwww. That's OK, I only care about things in nominal terms. Just like the Fed and everyone in the government.
Only makes sense if you've read the story below, on the missing 7 Trillion.
Psssst! Another hockey stick. Don' say nuffin' or they'll go bat shit
I would like to offer my serious apologies to Belgium, we still need your help. Thankyou you are a great people.
I love them Belgians. We bailed them out back in WW2, and now, they're taking one for the team. Good on them!
Belgium. Yum! Home of French Fries!
BIS in Belgium is Puppeteering the FED. The BIS is forcing the Debt on the Belgians....its isnt by choice. Its enslavement.
RIPS
The Fed must've accidentally put the debt chart through their gold fixing algo.
Not bad for "digital dickweeds."
:)
Fringe Blog.
Tinfoil hats...
(Actually mine is Gold Foil. It better blocks the radiation. You ought to try it too.)
I prefer the gold/silver/lead alloy.
Oopsies! Caught red-handed...
Add $200 trillion of unfunded liabilities please
Totally funded. As long as you are still alive, they'll be taking it out of your blood. Serf! and STFU, who let you have access to the interwebs?
Don't forget the $1 quadrillion in derivatives too!
Ja, Cash-Flow-Drehen in fünf, vier, drei,... negative!
Debt is wealth.
Almost got away with it, not! :)
It'll all be ok. Just go back to watching Dancing with the Whores, with your six pack or bottle of Jack. Back to sleep!
It's all just a keystroke unless the retail bank customer ask for bills.
I am sure the FED will send over some roses to the Tylers for noticing today's shoveling of horseshit. Good on you....
Nah.... a lumpa coal.... something that'll own Tyler to drive him nutszo.
I think they are backwards Tyler. Before is the big one, after is the down one. No ?
Clearly the Fed doesn't eat its own cooking....until ZH serves it up cold. :)
and for that we thank you.
This has been a test, a trial ballon if you will...
For some reason I think we will be experiencing more trials shortly...
I dunno, didday say anyfing on CNBS about it? Souldn't we wait until we hear? I'm worried that we're getting a bit panicky about things, guys.
"A trial in the absurd."
I mean seriously "Whadya mean we aren't inflating it all away?" Man, I hope people aren't living in high tax jurisdictions!
Once the S&P declares those debts unplayable...er, I mean unpayable "that's a lot of benefit checks that will be voided."
The fact that the Fed can make 7 trillion fucking dissappear with a few keystrokes should send a very strong message.
Winston did his job at the Ministry of Truth. Big Brother was pleased.
But ZH had to screw that all up. Good job Tyler.
IT'S NO DOWN ARROW MONDAY!!!
The debt will be repaid in its 'current form' - Paper covered with green ink!
Priceless.
Well done ZH.
Shuffling deck chairs on the Titanic ???
ZH rocks!
Looking for a phrase more insulting than 'totally fucking incompetent'
Anyone have any ideas?
I have a couple...
Ben Bernanke
Janet Yellen
anyfuckingbody at the Fed
I'm partial to Chinee Cluster Fuck...,
but it's really a matter of taste;)
Stupid is as stupid does.
Tyler, do you ever look at your server logs? Do IPs for the Fed or Treasury or White House show up?
Yes: about 1 in 1000 daily visitors (assume 500,000 visitors).
Ha! I bet those phony bastards at the Fed have ZH black listed. Employees seeking the truth behind all the bullshit they spoon out are probably terminated on the spot if they get caught. Maybe ZH would make a great whistle blower platform for those fired or otherwise defecting from the Fed?
Well duh, obviously they are sitting there masturbating to this site.... It went straight back up....
Al. You forgot to say 'cocksucker' at least three times. Back in character for you bro. :-)
Let me help.
Ha! I bet those phony cocksucker bastards at the Fed have ZH black listed. Cocksucking employees seeking the truth behind all the cocksucker bullshit they spoon out are probably terminated on the cocksucking spot if they get caught. Maybe ZH would make a great whistle blower cocksucker platform for those cocksuckers fired or otherwise defecting from the cocksucking Fed?
I feel better already. ;-0
<Al and Deadwood, one of the greatest characters in one of the greatest TV/HBO series of all time.>
LOL. We are all Al Swearengen. Cocksuckerz!
I'll raise you a few limey f-bombs lol. https://www.youtube.com/watch?v=u4D3UdxM3OU
Does your mother know you talk like that? ;-)
<And would she care if she did?>
Hehe,, a good compilation there. But make no mistske, the literature masterpiece known as Deadwood goes beyond the simple "cocksucker" hilarities. After several times through all three seasons, I'll still look up new words from it.
Milch is brilliant. I rewatch the series once a year whether I need it or not. ;-)
What, no thank-you note?
Jim Willie's Scheissdollar coming soon
Watching porn is hard on one's member, I mean number.
You think the government types that monitor ZH are making more than minimum wage?
Fed = Ctrl Z
looks like someone finally took obama up on his idea to print trillion dollar bills..........and made one for each day of the week
One for each stroke he took on the last 125 yard par 3 should zero the deficit.
We already knew the Fed read ZH religiously.
The interest alone on that mistake created a swelling in the wealth effect on the public a large.
If anyone who really works for a living fucked up that badly they'd be out on their earhole quicker than you can say fuck-up.
Government workers get pensions and/or severance packages.
I guess that's what a 'soul' is worth.
'soul' being a concept of self worth - I'm an atheist.
That "mistake" was made in the correct direction. The person responsible would have received a huge bonus if no one noticed. Just like the weekly job number is always revised upward, the workers are told, if you are going to put out the latest deficit number make sure it is on the low side.
I always imagined Bernanke clicking the refresh button on ZH throughout the day, sweating bullets about what he might see next. And now we know Yellen actually does it.
Am I not as poor now? Or are they richer?
awwhh crap.
I doubt anyone got fired. The interns are already back at school, so what would be the point.
growth=debt
the economy is fine!!!
*sarc*
Don't you just looove Excel?!