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US Senator Demands A Federal Reserve Bailout Of Greece
It should hardly come as a surprise when a hard-core US socialist comes out with demands that his socialist peers in Greece be bailed out by none other than the Federal Reserve: in fact, it does show why while so many quasi-socialists hate when the Fed bails out the "loathsome" banks, they love when the Fed bails out everyone else. And yes, socialists are known to demand for bailouts - in fact the more often, and the more frequently, the better .
And yet, perhaps in asking for a Federal Reserve bailout of Greece, everyone's favorite Vermont socialist does make some sense: after all if the Fed is bailing out European banks, and just European banks, on an ad hoc basis, and usually quite well hidden (see for example: "How The Fed's Latest QE Is Just Another European Bailout"), does it really matter if the Fed spends what amounts to one daily POMO amount to save some 11 million Greeks?
In retrospect it may be the most "social" thing the Fed will have ever done.
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Oh Fuck Bernie Sanders and anybody who thinks like him.
Bernie, your Federal Reserve Notes go first......
I envision a fleet of grilled-cheese trucks driving off massive transport planes.
"You get a bailout!"
"And YOU get a bailout!"
"And FUCKING everyone gets a bailout!" ***
*** - note offer DOES NOT include U.S. citizens who actually pay taxes cause YOU are FUCKED!
Bernie makes sense 80% of the time. Unfortunately that other 20% discounts back the 80%
I love this line .... "if you impose austerity, they won't have the money to pay off their debt" -- who said anything about paying off the debt, except for the bankers and their political hacks
Bernie certainly can be hit and miss...
In the last minute of this interview he says he is behind the presidents policy in the Ukraine and hasn't ruled out supporting use of force against seperatists or Russians.
http://www.sanders.senate.gov/newsroom/video-audio/sanders-on-ukraine
Sure, print it all up, it's all good. This can go on forever.
I think bernie is taking the piss. He knows bailouts are stupid but the sheeple keep accepting them when they happen. He figures, if we bail out greece, it will show how corrupt the system is and the sheeple will wake up. He is like that father who, after catching you smoking, makes you smoke the entire pack of cigs before he will let you out of the closet
"He is like that father who, after catching you smoking, makes you smoke the entire pack of cigs before he will let you out of the closet"
Today the kids would call the cops while locked in the closet with their iPhones and the cops would come over kick down the door and shoot dad.
I wonder how the folks in Detroit feel about Bernie's most generous offer...
Sure Bernie, and why don't we sign them up for obamacare, food stamps and give them a free college education too. And Berne while your at it, why don't you blow every Greek in the country. Feel better now?
Where do Derelicts like him come from. Did he come from his mothers ass instead of her vagina?
Crazy huh?
Almost as crazy as setting up a hotline for illegals to complain about taxpayer & federal largesse not flowing freely enough to them, its all about "customer service" ya know...oh, wait...
Homeland Security sets up Obama amnesty complaint hotlines for illegals
...they did.
http://www.washingtontimes.com/news/2015/feb/8/homeland-security-sets-up-obama-amnesty-complaint-/
Homeland Security "folks"...lol...under orders, set up a hotline...for illegals.
Finally we've reached Peak Insanity, I was starting to question myself but I feel much better now ;-)
Zerohedge is transforming into the Land of the Visually Challenged, nmewn.
They are suffering from acute myopia and it seems to be developing into a chronic state.
Last night I made a post about the Federal Reserve bailing out Greece.
Five people downarrowed it...if you can fucking believe that.
http://www.zerohedge.com/news/2015-02-08/greek-finmin-warns-euro-will-collapse-if-greece-exits-says-italy-next#comment-5761030
Now I come here for prescience and the ability to prognosticate future events, so that I may protect myself if not gain.
Other than that why read the comments at all?
At times it seems as if I am a Cassandra.
I do not know how anybody could have not foreseen this development.
The tragedy is that it will happen.
The US Taxpayer is going to be stuck paying for the Greek's welfare programs.
I can believe they'll try.
I can also believe what will happen to them if they do ;-)
Bernie is a f'n tool. Of course the fed will bail them out. What's difference if they suck the Troika's cock or Janet Yellen's?
I can believe it. I was downvoted to oblivion a few months back because I didn't think that a NYPD officer throwing latex gloves in a garbage can was a big deal. The other posters whined that he violated some hazmat protocol when dealing with a suspected ebola case. Hard to believe a financial blog would make a cop throwing latex gloves in a trash can their top story.
Only 1 man died in Dallas from ebola in all of the US, and Ebola fizzled out of the media the same way Swine Flu did in 2009. A whole bunch of fearmongering BS and then the non-event gets forgotten about weeks later.
Welcome to Fight Club.
I hope someone threw a shoe at Bernie when he said that and told him to sit down and shut up.
Just 4 words...
Bernie is a Liberal!
Scanned the entire first page and no one made note of it yet.
Just 4 words...
Bernie is a CHOOSENITE!!! A cheesepope in sheeps clothing.
FIFY
He wants the Greeks to make austerity slave payments to the Federal Reserve Chosenites instead of the German Chosenites.
Bernie is a Liberal!
Bernie is a globalist marxist.
"Did he come from his mothers ass"
No- that's reserved for lawyers.
K
You're all to nice. He needs to be lynched at sunrise, tomorrow, Feb 10, 2015, along with a few hundred of his like minded croonies nesting in DC.
Totally agree. The parasite speaks out of both sides of his mouth.
And I feel quite sorry for these moronic elected people, who clearly have ZERO understanding of the exponential function. He talks about "growth" that Greece needs in order to restore it's economy. GROWTH people, that's the answer.
Only one problem. Well, ok, maybe two:
1) The world is finite. How can there be infinite growth on a finite lanscape commensurate with population increases?
2) ZIRP is the price of "money". Money is priced at nothing... meaning, it is valueless.
So we have an idiot claiming we need growth in a finite area, while the number of inhabitants thereon is increasing, at the same time that the global unit of exchange is being debauched.
Bernie, you're a complete idiot. But as stated above, since money is so valueless already, bailing out Greece will look good so may as well be done, but in reality it will do NOTHING material to save or preserve the nation.
The "system" needs to be washed away, wiped clean, and redone. Growth is finished. Growth wil never come back, as crony capitalism and fascist foreign policy in the name of attempting to preserve as much as you can out of a dying and decaying economic model, rules the day.
In reality we should all personally write this clown - ask him if we run up our credit cards will he bail us out too?
No. Because you see, our man Krugy says that credit card debt isn't like national debt, because the latter we owe to ourselves, so it doesn't count like credit card debt which you only owe yourself, and so does not include the rest of us, which if it did, would then make it okay for us to bail you and the rest of us out, but then it wouldn't matter if you and we were bailed out or not, because the debt doesn't matter in that case. Do you now understand why Krugy and Bernie couldn't bail you out? I mean, I'd be willing to, but I can't because it's the same, just different.
So if one Lemming marches over a cliff that is a travesty - if they all join hands and get pushed over together we have a Disney Movie?
No, these politicians are usually as stupid and corrupt as they seem to be.
You give them too much credit.
the senators should pass a law that the US citizens can run a deficit of 150% of personal gdp financed at the fed 0% window
The US should pass a law prohibiting dual citizens from any country from serving in the US government.
And reinstate the death penalty laws for usurists.
<sigh!>
As rude as this is going to seem/sound to some and not directed at anyone in particular but the Fed is a constuct of federal government, they created it, by its law.
For War & Welfare.
You cannot have one without the other, as it is a construct of them and is why it was fabricated in the first place, that is its prime purpose. Socialists can go on living the lie thinking it can be controlled for just the welfare state just as they keep on thinking the guy under the tree watching everyone else work recieving the same benefits will suddenly have a change of heart and leap to his feet and grab a shovel.
But you know its lie, human nature is what it is.
So what'll it be? ;-)
You are referring to Socialism for the rich, aren't you?
The Fed & .gov printing trillions and throwing it into the middle of the trader pit of Wall Street certainly qualifies in my mind, yes.
Any gain was in fact subsidized, any loss socialized among the masses.
The cruelest (or funniest, depending on your stance) cut comes after all that, being lectured to by thieves or idiots about "wealth inequality" by the very people who are actually doing it or support it.
Moar likely he lies 80% of the time. It's the 20% that gets you.
"if you impose austerity, they won't have the money to pay off their debt"
Yeah, right up there with arbeit macht frei!
Cutting the expenses of government is austerity. Are you afraid government won't have enough of your money to operate?
Truly a friggin calamity.
So transportation systems, water treatment, landfills and other essential services are cut, yet banks collect interest on the debt. Austerity destroys western civilization.
Austerity is services getting cut, and all tax revenue goes directly to banks.
The only people who benefit from Austerity are the .001%. I thought a site like Zero Hedge that hates banks so much would be super opposed to Austerity.
Zerohedge is trolled by Chosenites (nmewn included) People like you and me instead simply suggest that Greece print it's own currency and forget about the Chosenite paper scam.
Yes, the chosenites. Responsible for your shitty life. I see you also have a problem with interest...by inductive reasoning I'll conclude that you also have a problem with investing, right? And profits too! I mean, why would someone be entitled to compensation beyond his immediate costs of production? A central authority must enforce! Price controls now! Out with the chosenites! Seig heil!
Printing currency is a paper scam yet you advocate for the Greeks to...wait for it...wait for it...print currency and I'm a "chosenite"...lol.
We really need to bring back captcha around here.
I doubt nmewn is a chosenite. From things he's said in the past (during all the Operation Protective Edge arguments we had round here) he appears to be a Christian Zionist.
One would assume that would make him broadly philosemitic, but it's possible he's in that class of Christians that believes all the Jews will (and deserve to) go to hell; it's just that Jeebus won't come back until they are all returned to Israel.
Well if you must know, I can appreciate many cultures & races yet recognize why some among them are stereotyped and scorned.
The people inside the kosher food store in Paris weren't bankers intent on enslaving the world and didn't deserve to be murdered, at the same time I know who betrayed Jesus, at the same time it doesn't fall to me to forgive them (whether it was pre-ordained or not) as it is well above my pay grade...and no, I don't forgive them.
At the same time I understand English kings used them as cash cows, ignoring the illegality (his own laws) from which the profit came to be taxed, in much the same way as a muslim imposes the jyzya tax on infidels.
What I really can't stand are simplistic fools.
I know it's not nice to make fun of the mentally disturbed, but... don't you think "Self-enslavement" is a brilliant handle for someone so utterly controlled by his own obsessive fixation?
Sounds like Conmonton, I mean Edmonton, that spends 7% of it's budget on fixing perpetual potholes and their cratered road system (or not). Once citizens get tired of ripping off their front axles and start screaming loudly they come to the rescue with a 4.99% tax raise (keeping under the 5% they promised every year). To whch they immediately run off and build hocky coliseums with temporary foreign workers so they can let a billionaire have the profits from it.
Next year when some fresh axles are ripped off the vehicles again the people will scream for relief and be presented with a fresh cycle of tax raises and ludicrous building projects (aka museam, LRT transit etc).
And the people of Edmonotn VOTED THESE PEOPLE IN.
Do you not pay for transportation systems, water treatment, garbage collection-landfills, cops & firemen through some form or combination of fee for service or taxation?
What do you want, free taxis & airliner service?
Perhaps a new .gov subsidized Rolls Royce? ;-)
It makes scence, greece goes so does everything else?
and i Use the word "papist" as a form of endearment.
Fuck Bernie Sanders--Everything he advocates involves spending massive amounts of taxpayer $$. According to Sanders,, the only way to prosperity is Government spending. In short, he is a brain-dead Socialist. But that's okay as he represents Vermont, a state which long ago lost any vestige of common sense. Vermont is the equivalent of Fredo, California's older and weaker idiot brother.
This is what US citizens get:
https://www.youtube.com/watch?v=J5kGUW6M7W0
(The Frantics - Last Will & Testament)
OK.... if Nation States get bailed out then I declare myself the State of Bare Naked. When can I expect my bailout? I should qualify as I'm a non-taxpaying US citizen who is bare naked. A one time QE loan of 10 million ought to get my country back on track. But I only except gold coins....is that a problem?
Beam me up Scotty. I want off here.
+100. I couldn't stop laughing out loud!
Spain, Portugal and Italy get in line, the FED has a great deal for you too.
NO BAILOUT FOR YOU!
Is there any doubt that the Libs and the FEDS are on the same fucking team? Only to the useful idiots.
Obama came out today and basically admitted that one of the biggest advantages of opening the immigration floodgates is that it will dilute the conservative voice to the point of irrelevance. More proof that there really is only one team, which George Carlin called the Big Club, which we ain't part of..........
can you provide a source for that talk so I can read it?
http://dailycaller.com/2015/02/09/obama-hints-immigration-will-drown-con...
There's waaay too much information out dayah!
We gonna haf to do sumpin bout dat ;-)
This should be a good start. Of course we'll have to pass it to find out what's in it.......
OBAMA'S 332-PAGE PLAN TO CONTROL THE INTERNET...
Yeah man!
I've been bangin on that for a couple of days now, Tylers haven't picked up on it yet. Under the guise of "regulation & fairness" with zero transparency, like all technocrats.
The interesting thing about it is, why wouldn't Comcast (for one) be purposely caught "throttling down" a clearly illegal activity and thus suffer the transient PR nightmare...knowing in the end...that down the road, the gatekeepers will be codified into law, meaning, them & the regulator?
Pure fascism.
The courts better strike this one down. This is serious. Removal of weapons and disrupting communication is the first step in any fascistic regime. And people still cannot perceive the psychopathic tendencies of this man even when so overt? My head isn't going to take the wall banging much longer trying to wake up from this nightmare.
Miffed
Permanent brain damage may result, and the clear outcome will be to label you a danger to yourself and society...
It's all in the plan for complete and total control from the Central Authority, they clearly know best.
Tsk, Tsk, Tsk...
DaddyO
It says that all communication on the internet that reveals the truth about the Chosenite parasites shall be sensored.
"Daily Caller" is not a news source. It's an opinion outlet. A real source, please.
Please name one fucking real source....
Hell yea that is why this ship isn't going down under dear leader. They will sell their mothers to protect their savior
Fear Not. You cannot beat a fighter that fights, not for money, not for glory, not for personal gain, but he fights because he loves. That is unfucking destructable.
I believe you said that backwards. "Bernie, here's your Federal Reserve Notes first!" The Fed has to be paying this guy to say something so wrong and criminal.
With all this money printing and bail-outs hyper-inflation will come to our shores soon enough. Protect yourself and your wealth! Buy guns and silver! I know Americans like their guns (at least the people I hang out with) but they aren't into silver. Silver is real money and will hold its value during any collapse! These candles with a silver coin prize are a great gift to give to friends to help encourage them to protect their wealth: https://www.etsy.com/shop/ScentSavers?ref=hdr_shop_menu
Dear Bernie,
You are fucking retarded.
Regards,
Planet Earth
For every socialist problem, the only socialist answer is more socialism. It is apparent that the only way to change direction is to change those directing us. Unfortunately the only new faces that seem to have a snowball's chance in hell are more of the same only worse.
The staged socialist revolutions cometh. The new facade for the fresh liquidity injections that are needed to keep the derivaties complex afloat.
(At least, it's a plan, some must think.)
https://www.youtube.com/watch?v=u40mJ_ls5VE
.... let the old fukn fossil fart pay for out of his own goddam pocket book....
Bernie might have been a good fuck in his younger days, but today he pretty much just lies there, wheezing and sweating
Someone forward this last ZH article to Senator Numbnuts: http://www.zerohedge.com/news/2015-02-09/chinas-solution-tyrannical-bill...
I want a fucking bail out too. When do I get mine, Bernie.
You don't deserve a bailout because the economy in the United States is doing fine and humming right along. If you are down and out find a better job. There are plenty out there.
#sarcasm
That old bastard son of a whore Bernie doesn't give a fuck about US citizens
First, Senator Ichabod, we deplete your senate pension and your medical account.
Still sound like a good idea, bitch?
Hey if they bail greece out then we all get a bailout or there will be anarchy what kinda bullshit have they been smoking. I just though had heard it all
Yes, let's teach the Greeks a lesson on responsibility. We'll say it's for the children. After all, they'll never want another bailout down the road...
It was done in secret (and not reported to congress) before to EU banks.
http://www.infowars.com/bailing-out-european-banks-bernanke-and-fed-dece...
https://www.youtube.com/watch?v=mi0YS5j9P2Y#t=42
Why hasn't zh. Covered the Croatia debt jubilee.
It's a limited debt jubilee. For the poorest (elderly) Croatians, whose bank accounts are now frozen and...
Owe no more than $5100, make no more than $138/mo, have no property, no savings and can't use bank accounts.
The plan has pros and cons, supporters and skeptics. It gives them a fresh start, but also makes them targets for new loans with high interest. Skeptics argue that a fresh start should not allow for new loans: once a debt addict, almost always a debt addict. Especially if you're poor, odds say.
CTRL+P another half trillion.
At this point, what difference does it make?
Greece ain't gonna pay back the +200B euros they owe now, so they might as well not pay back +300B euros.
Exactly. It couldn't 'cost' more than JP, Goldman, AIG, and etc. could it?
^P FTW
Aside from milking an old line that's going on two tours old, "the difference it makes" is...
IT ENABLES THE FED TO COUNTER GLOBAL DE-DOLLARIZATION, and forestalls a shift in geopolitical alliances that do not favor the US and its elite.
Obvious, really.
Wow? Syriza sold out so soon?
Free money for all! When can I get my bailout? I am suffering.
You can if you can get a Congressman to invest in your "company". If you can manage an IPO, you are home free. Which is why guys are offering equity shares in Bigfoot expeditions for christ sake. I am only upset because I didnt think of it.
I wonder if those equity shares are fungible. I'll give them the Big Foot the gubberment has shoved up my ass for a few of those shares.
The fact that it can even be thought logical for the Federal Reserve Bank to bail out Greece shows how far up this creek economic policy is.
Only debt issuance can fuel the growth needed to pay for existing debt. Got it.
Actually this is a good thing for it delineates differences in philosophy about how government should operate.
Socialists, fascists, and others of the same stripe LOOK to government to solve all problems (never mind the attendant inefficiencies, corruption and cronyism). Note that they don't EVER believe in personal accountability for foolish actions. Heaven forbid that folks/the private market should have to work things out on their own absence any government interference. That's completely outside their mindset.
Senator bernie is just showing his true colors.
Is he Yellow, bought off, or is he out of his depth here?
- Bailout is a state sponsored loan with interest, and is an exercise of status, power, control, money... and will be enforced by the concessions of the mafia:
- access to real estate,
- building sales,
- island sales,
- historical assets sales,
- museum sales,
- bridges & highway sales,
- water ports, air ports,
- military access,
- pipeline assess, leases on strategic locations...
- hegemony
Sanders is being used.
Sanders idea is the best way to go ahead and end central banking. By bailing out "the people" of the world we can implode the old system and start anew.
Why stop at Greece, and why are they special. What about Somalia, Bangladesh, Rawanda, Zimbabwe. Venezuela etc.
The same reason they only bomb colored folk.
The few survivors in Dresden may beg to differ.
Have the Federal Reserve print hundreds of trillions and bailout the world.
Printing hundreds of trillions has been tried several times, and nobody lives happily everafter.
Yes, but to progs it looks so good. And proggies are only, and all, about style & fashion.
What the hell? Why not? It just might work for another year or two. World war and depression are coming. We all know that. Let's all party for a year or so. For all we know, a fucking asteroid will kill us all before then anyway.
Lets bail out the American worker -any American making less than $250k gets a tax credit on there first 100K of income. That will sure get the economy going. Mr. Yellen can print money for the bonds to make up the tax deficiency. The party will keep going for Wall Street indefinitely - it will never end. Let the rest of AmeriKa join the party. It's different this time. Money grows on trees. Right?
Or Or Or how about no fucking taxes on any citizens! the only ones who should be paying taxes are corporations! aand speculators stop thinking like a fucking chud!
And then there's me, I need more toys. What's another few hundred grand, that's just a small part of POMO.
https://www.youtube.com/watch?v=qdFLPn30dvQ
Hurry on, before Putin bails them out.
So, bankrupt USA bails out bankrupt Greece with digits on computer hard drives that must be repaid by more digits on hard drives.
It's all fiction - the emperor is one huge wardrobe malfunction.
I want my Federal Reserve money printing machine too!!
Maybe look for one on ebay.
One word: PILLOCK.
Peak retard....
https://xaameriki.wordpress.com/
This is what Sanders fears is hiding under his bed.
Dear Bernie...STFU. Nobody cares about Greece.
OK, who IS this and what did you do with Bangalore Torpedo?
These SOB's are sure charitable with other peoples money aren't they........
The man is literally insane, there is no debt burden heavy enough that the socialist Bernie Sanders will not advocate for "his citizens" to bear.
So we're back to the age old socialist question, if debt doesn't matter and it all works just fine with "other peoples money", where is my Frrreeeee! Lamborghini Madura?
Its for the cheeeldrun ;-)
I've been publicly requesting for years that the FED deliver a pallet of fresh Ben Franklins to my home, but have yet to see the Brinks truck in the driveway.......
Someone voted for him. Which is insane?
"Everbody up in heah got ObamaFowns!"
So thoroughly fucked up its absolutely priceless.
Why are all these fucking congress critters like 75 years old and up? Fuck you bernie
Because it the best scam on the face of the earth. You 'control' other people and their money, make stupid fucking decisions all day, get rich on insider trades and graft, and THERE IS NO FUCKING ACCOUNTABILITY!!!!! Why would anyone leave voluntarily?
Things aren't just being said here at random regarding Greece.
This is the limpest, leaking trial balloon launched in months.
The conspiritorial congressional-banker desparation is showing.
my thoughts as well.
he's frightened about sumthin.
Just commies bein commies. Why the fuck do we have to pay income taxes anymore? They can just print the fucking money up to cover the debt, leave us peoples keep our money? Get some consumin goin on. This economy os so FUBAR what difference does it make, as our next prez says.
How ya doin Bernie? oy vey oy vey
https://www.youtube.com/watch?v=eq-jW6d7dZY
Funny how taxes have become a punitive measure used to control and intimidate the downtrodden masses while everyone else gets away with literal fucking murder on a grand scale in broad fucking daylight. I mean it is funny right.....??
Progressive socialist asshole
But you repeat yourself! ;-)
When I get my bailout I am buying you rounds of drinks
An appreciated gesture on your part but we both know no bailout is coming for us.
Can I interest you in some Peach Shine? Its 2014 vintage ;-)
A weekend at Bernie's? yay
How bout go fuck yourself,
Geez. I always knew this guy was a flaming idiot, but he's even worse than I thought.
What in the hell is wrong with the people of Vermont that would make them elect such a defective Senator???
I would probably get thrown in prison if I said what I think needs to be done with this stupid asshole.
Marxist=Communist=Socialist=Progressive=Democrat= ...wrong...always...
Righty=fascist=conservative=regressive=Republican= ...wrong...always...
either of you fellas happen to be smithies, or otherwise trained in the metalurgical arts?
I have been refining Gold today...
With my forced air furnace I will be Lost Styrofoam casting both Aluminum and Copper in Green Sand forms...as well as making Anthill Scuptures which currently sell for hundreds of dollars...as well as forming Glassware.
I think that metallurgy and metalsmithing will be a most valuable trade post Economic Collapse.
Getting material may be challenging.
Then again this chick with these huge tits and Silver Dollar sized Nipples flashed me while I was working today.
Brown nipples...
Ain't so bad refining Gold in Lakeside after all...
Sanders isn't even from Vermont. He's a Brooklynite. Urban affluent beatnicks and later trust-fund hippies transplanted to southern Vermont from places like Boston and New York and have influenced state politics since. It's a beautiful place, but many there adopt the socialist uniform, you know, because it's the right thing to do. That's what's wrong with the Vermont electorate.
Beware of Bernies bearing gifts--there's more of him where he came from.
They need to "up" Sanders meds, cause he is in a Fucdup reality !
Platinum coin time !!!!!!!!!!!!!!!
Well ole BS said one thing very telling, "global financial collapse".
Anybody named Bernie,well you know.
What a dick. Not surprising though. Typical commie rant. Only difference is, at least he's honest. Most fuckers would publicly say no and then behind closed doors pass the other country an envelope.
Somebody needs to send this dinasour to Syria.
There is no greater evidence of the cesspool America has become than this piece of living excrement in the Congress, EVEN MORE SO than obola in the White House.
Americans, you self-gratified yourselves to inevitable decline and ruin.
....because the Constitution says....wha...
...we got rid of it?...when?