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The Federal Reserve is no more
03-28-2020, 09:38 AM
Post: #1
The Federal Reserve is no more
https://finance.yahoo.com/news/feds-cure-risks-being-worse-110052807.html

This is big
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03-28-2020, 09:57 AM
Post: #2
RE: The Federal Reserve is no more
I hope they will Nationalize the Nefarious Insurance Industry! Put an end to that Predatory Business!
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03-29-2020, 06:19 AM
Post: #3
RE: The Federal Reserve is no more
(03-28-2020 09:57 AM)karasu Wrote:  I hope they will Nationalize the Nefarious Insurance Industry! Put an end to that Predatory Business!

Government is a predatory business.
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03-29-2020, 06:52 AM
Post: #4
RE: The Federal Reserve is no more
one can only dream.
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03-29-2020, 08:35 AM
Post: #5
RE: The Federal Reserve is no more
(03-28-2020 09:38 AM)Señor Penis Wrote:  https://finance.yahoo.com/news/feds-cure-risks-being-worse-110052807.html

This is big

But notice that Blackrock is doing the transactions on the Treasury's behalf?

They might be one step down the Ladder of Evil from Goldman Sachs, but they are still right up there.
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03-29-2020, 09:36 AM
Post: #6
RE: The Federal Reserve is no more
how is the fed no more?
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03-30-2020, 03:16 AM
Post: #7
RE: The Federal Reserve is no more
(03-29-2020 09:36 AM)pug-thug Wrote:  how is the fed no more?

They are basically admitting that the Fed is not allowed to do what it is currently doing.

So to get around that, they are saying "But it is actually the Treasury in charge of the Fed, so it is OK".

In reality, the Fed has been active in the stock market since the days of Ronald Reagan. Plunge Protection Team.
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03-30-2020, 05:02 AM
Post: #8
RE: The Federal Reserve is no more
(03-29-2020 06:19 AM)Count Iblis Wrote:  
(03-28-2020 09:57 AM)karasu Wrote:  I hope they will Nationalize the Nefarious Insurance Industry! Put an end to that Predatory Business!

Government is a predatory business.

Bingo. You don't want anything to do with government insurance. We have it here and it quickly turns into a slush fund like lotteries, casinos etc. Stay away!

Megatherium
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03-30-2020, 08:45 AM
Post: #9
RE: The Federal Reserve is no more
(03-30-2020 05:02 AM)Skookum Charlie Wrote:  
(03-29-2020 06:19 AM)Count Iblis Wrote:  
(03-28-2020 09:57 AM)karasu Wrote:  I hope they will Nationalize the Nefarious Insurance Industry! Put an end to that Predatory Business!

Government is a predatory business.

Bingo. You don't want anything to do with government insurance. We have it here and it quickly turns into a slush fund like lotteries, casinos etc. Stay away!

karasu would just recommend a government agency that provides overwatch of the government insurance agency. And if that doesn't work, more legislation!
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03-30-2020, 08:59 AM (This post was last modified: 03-30-2020 09:00 AM by karasu.)
Post: #10
RE: The Federal Reserve is no more
(03-30-2020 08:45 AM)Chaos Reigns Wrote:  
(03-30-2020 05:02 AM)Skookum Charlie Wrote:  
(03-29-2020 06:19 AM)Count Iblis Wrote:  
(03-28-2020 09:57 AM)karasu Wrote:  I hope they will Nationalize the Nefarious Insurance Industry! Put an end to that Predatory Business!

Government is a predatory business.

Bingo. You don't want anything to do with government insurance. We have it here and it quickly turns into a slush fund like lotteries, casinos etc. Stay away!

karasu would just recommend a government agency that provides overwatch of the government insurance agency. And if that doesn't work, more legislation!



always good to have some Checks & Balances Tongue
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03-30-2020, 09:03 AM (This post was last modified: 03-30-2020 09:05 AM by Skookum Charlie.)
Post: #11
RE: The Federal Reserve is no more
(03-30-2020 08:45 AM)Chaos Reigns Wrote:  
(03-30-2020 05:02 AM)Skookum Charlie Wrote:  
(03-29-2020 06:19 AM)Count Iblis Wrote:  
(03-28-2020 09:57 AM)karasu Wrote:  I hope they will Nationalize the Nefarious Insurance Industry! Put an end to that Predatory Business!

Government is a predatory business.

Bingo. You don't want anything to do with government insurance. We have it here and it quickly turns into a slush fund like lotteries, casinos etc. Stay away!

karasu would just recommend a government agency that provides overwatch of the government insurance agency. And if that doesn't work, more legislation!

It's called the Insurance Corporation Of British Columbia and it has a monopoly on car insurance. And you don't dare talk to them or set a toe over the property line of one of their claim centers without a lawyer by your side. It's a disgrace, it's deeply corrupt. It's been a boon for government general revenue and for ambulance chasing lawyers and a curse for the people of British Columbia.

And of course, like any tax grab or other source of government revenue like lotteries, legal marijuana etc it's never going away. And I'm old enough to remember when we had private car insurance here in BC in the sixties but most people know nothing but the hated ICBC. Just don't go there. For God's sake.

Megatherium
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03-30-2020, 09:07 AM
Post: #12
RE: The Federal Reserve is no more
I really wish there was a three minute timer to edit your typos here. Every post has an edit thing above it and I'm not use to it having had a mod account here until recently. Geez.
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03-30-2020, 10:50 AM
Post: #13
RE: The Federal Reserve is no more
the american people are getting FLEECED once again

and this inflation will be exported all over the world through the monetary hegemon system.

while you are in FEAR, they are FLEECING YOU, FLEECE JOHNSON STYLE
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03-30-2020, 10:54 AM
Post: #14
RE: The Federal Reserve is no more
it doesn't matter what kind of fancy language or terminology they use to describe what is going on
they are ENRICHING themselves, and are LOCKING YOU UP LIKE A CAGED ANIMAL

they will destroy Small and Medium enterprises... and the large ones that don't tow the line

then they will turn the world into a CHIMERA of AMAZON and IKEA

you only have a few places to shop and eat..

enjoy your SWEDISH MEATBALLS EACH DAY AND EVERY DAY

and if you're lucky you can get a side of GMO SALMON with some GRAVY
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03-30-2020, 11:17 AM
Post: #15
RE: The Federal Reserve is no more
according to our PUBLIC SERVANTS, the avg. person living paycheck to paycheck should have ENOUGH savings to weather crises

but LARGE CORPORATIONS and BANKS expect to get BAILED OUT over a few weeks of REDUCED PROFITS and are on the VERGE of bankruptcy

how does this even work?

can people even THINK?

WE ARE GETTING FLEECED
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