Aaaaaand this really isn't a surprise.
#1
Aaaaaand this really isn't a surprise.
http://www.bloomberg.com/apps/news?p...iiM&refer=home
This is why we can't have nice things.
When the government can spend 2 Trillion dollars in taxpayers money, and not have to explain who received that money and why simply because it would cause the recipients to lose money (read - expose their horrible management), it pretty much wraps up our 232 year experiment in democracy. It was nice while it lasted.
At least before when they withheld info from the American people, it was ostensibly to protect lives. Now they openly declare that it's just to protect the profits of the rich.
We had the PATRIOT ACT, then warrantless wiretaps, now loss of FOIA. Our lives must be completely open to the government, but their operations are completely closed to us.
Seriously, WTF?
#7
Re: Aaaaaand this really isn't a surprise.
Originally Posted by Nirgopolis
there are places online where we govern ourselves
and there are NO rules
and there are NO rules
#8
Re: Aaaaaand this really isn't a surprise.
yea, the fed is basically saying that noone has the right to know how much money they might be losing, also what happens is that since they won't disclose the price they are buying "troubled assets" at, noone knows their actual market value so its all just speculation, in effect everyone that said "the fundamentals of our economy are strong" as little as 2 months ago were talking out their ***, the numbers are wrong, they always have been.
The irony here is intoxicating :1
also see an article stating that the Fed is selling treasury bills at a LOSS http://caps.fool.com/blogs/viewpost....16022760741628
The irony here is intoxicating :1
also see an article stating that the Fed is selling treasury bills at a LOSS http://caps.fool.com/blogs/viewpost....16022760741628
#10
Re: Aaaaaand this really isn't a surprise.
founding fathers would never put up with this bullshit, they ------- knew what was up.
people try to say that the constitution was written in a different time and therefor not valid in todays society.
they ------- saw all this ---- way ahead of time and planned accordingly, untill the banks stole the power.
people try to say that the constitution was written in a different time and therefor not valid in todays society.
they ------- saw all this ---- way ahead of time and planned accordingly, untill the banks stole the power.