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truedelphi

(32,324 posts)
78. Well that's good to know. However, apaprently you are not
Tue Mar 26, 2013, 03:50 PM
Mar 2013

Familiar with the Bernie Sanders insisted upon Audit of the Federal Reserve. (An audit that Bernanke opposed!)

And guess what?!? That audit showed the American people that good ol' Ben had slipped some 15 or 16 trillions of dollars, as "loans" to his buddies on Wall Street and to his buddies across the globe (As long as they were heads of Big Financial Firms, of course.) If good ol' be were so concerned about employment, maybe he could have persuaded Geithner to loan California the requested monies - and that would ahve meant that Californians would ahve seen their teachers returned to the classrooms, the fire fighters to the fire houses, project managers tot heir offices, etc on down the line. And the ripple effect - that the local diner would have its usual crowd of customers, that the auto dealership would be selling mroe cars, etc, also would ahve had an impact. Instead, giving money to the very Firms that
One) Caused the economic collapse to begin with
Two) use the money to do more exotic "investments" and derivative gamlbes means we are being wet up for another major economic collapse
and
Three) when not using it as gambles and hedges and derivative "bets" these firms mostly sit on that money!

Experts tell us that some 4.7 trillions of dollars of these loans will never ever be returned. Funny thing, but the amount that the American people are being told MUST be trimmed from the Fed deficit is about the same amount!

Some critics of our government's policies with regards to Bernanke and the Fed, they thought that once the LIBOR situation had its day in court, much of this might get resolved.

But LIBNOR seems to have been swept under the carpet - judiciously speaking anyway.

K&R AND KEEP TALKING!!!!!!!!!!!!!! MotherPetrie Mar 2013 #1
Let's just keep playing that goddamned broken record. Autumn Mar 2013 #2
But, but, but...wait! NaturalHigh Mar 2013 #3
As the person solely responsible for Geithner/Jack Lew appointments truedelphi Mar 2013 #8
let's be fair, in terms of California.... NYtoBush-Drop Dead Mar 2013 #48
Property tax is local and stays local. xtraxritical Mar 2013 #64
I compared the amount in California property taxes that I pay in California JDPriestly Mar 2013 #80
Bernanke is not a negative. dawg Mar 2013 #52
Employers are not after the SS fund per se they just want out of their half of the xtraxritical Mar 2013 #65
The government owes between $1.7 and $2.7 trillion dollars to the SS Trust Fund. savannah43 Mar 2013 #77
I think this is incorrect . . . aggiesal Mar 2013 #85
Well that's good to know. However, apaprently you are not truedelphi Mar 2013 #78
Wish I could K&R your post. So true. So true. JDPriestly Mar 2013 #81
Loaning money to financial institutions is part of what the Fed is supposed to do. dawg Mar 2013 #84
One of ours? That's what he tells us. Apparently one of the good cops. AnotherMcIntosh Mar 2013 #69
It's not even just economically wrong, it is absolutely morally wrong. JaneyVee Mar 2013 #4
This would already be heinous for regular politicians. From Democrats? Betrayal. nt Poll_Blind Mar 2013 #5
You aren't a broken record Nite Owl Mar 2013 #6
You meant to include Elizabeth too, of course. MannyGoldstein Mar 2013 #7
I am Nite Owl Mar 2013 #18
Yes Tom, of course! And MannyGoldstein Mar 2013 #23
Meet Senator Jeff Merkley elected in 08 Bluenorthwest Mar 2013 #49
Merkely seems like he's on our side, too! nt MannyGoldstein Mar 2013 #51
you will note the resounding rhetoric coming from obama on saving SS....oh wait, is there any? nt msongs Mar 2013 #9
You Ron/Rand Paul lover! You stealth GOPer! How dare you! quinnox Mar 2013 #10
See how the corporatists control the narrative. watoos Mar 2013 #11
You knocked that one out of the park. NaturalHigh Mar 2013 #14
+1. or the discussion about the fact that there's nearly 3 trillion in the trust fund & thus no HiPointDem Mar 2013 #43
Yep, and neither does the Post Office. juajen Mar 2013 #95
You never really loved him!!!!! QC Mar 2013 #12
I've got some ideas that just might help. NaturalHigh Mar 2013 #13
there's no reason to do anything at the moment; there's nearly $3 trillion owed to the trust HiPointDem Mar 2013 #44
Keep playing that broken record. UnrepentantLiberal Mar 2013 #15
k/r I am so disgusted. 840high Mar 2013 #16
We need to vote only for candidates that promise real campaign finance reform! Dustlawyer Mar 2013 #17
Whenever I see a picture of Obama, I see a man who wants to destroy Social Security. forestpath Mar 2013 #19
So far, nothing has been destroyed by the people you mention. juajen Mar 2013 #96
If they don't want to destroy it then they should stop TRYING to. forestpath Mar 2013 #107
Hold it, a few of these democrats are voting to end the New Deal? nadinbrzezinski Mar 2013 #20
You have never lied or misrepresented the facts, not that I've ever seen Dragonfli Mar 2013 #21
+ a million quinnox Mar 2013 #28
+ another million...at least tpsbmam Mar 2013 #108
Thanks Manny HatTrick Mar 2013 #22
With "friends" like these... Faryn Balyncd Mar 2013 #24
Manny you know I love you, but to say that Democrats dont do pure evil has me stymied. rhett o rick Mar 2013 #25
Thank you Manny for saying what has to be said so well.... midnight Mar 2013 #26
K&R. Fuddnik Mar 2013 #27
lol quinnox Mar 2013 #32
We will keep fighting woo me with science Mar 2013 #29
Instead of ham and lamb for Easter dinner...... Fuddnik Mar 2013 #30
... woo me with science Mar 2013 #31
Wages have declined exponentially, DURBIN DUMPS ON SS-wont foreget that one. CarmanK Mar 2013 #33
Repeat repeat repeat! We have a revenue problem, not a deficit problem. grahamhgreen Mar 2013 #34
So long as they don't get tired trying to steal the SS fund, we should never get tired of trying to sabrina 1 Mar 2013 #35
I just emailed the Senator Omaha Steve Mar 2013 #36
Durbin's Up For Re-election in 2014..... global1 Mar 2013 #37
Chained CPI is a horrible death sentence to many elderly people. They loudsue Mar 2013 #38
+10000000 woo me with science Mar 2013 #40
By that logic our current COLA formula is a death sentence, since it could be higher Recursion Mar 2013 #57
+2 just1voice Mar 2013 #90
K&R idwiyo Mar 2013 #39
There were large amounts of good things in the fiscal commission too. Sirveri Mar 2013 #41
If you give someone shit on a dollar bill it's still shit. HiPointDem Mar 2013 #45
But - adding it all up - it was a 22% cut for the average recipient MannyGoldstein Mar 2013 #46
Or we could just repeal/block those two sections, if the 22% is correct Sirveri Mar 2013 #68
22% comes from the Chief Actuary of Social Security MannyGoldstein Mar 2013 #71
I've just finished reading that, my desired course is still correct. Sirveri Mar 2013 #92
This message was self-deleted by its author mucifer Mar 2013 #42
Thanks Manny. GeorgeGist Mar 2013 #47
How is this surprising? davidthegnome Mar 2013 #50
Very well said and I do the same just1voice Mar 2013 #91
What I believe will happen is that the good things in that document will not be enacted, just the djean111 Mar 2013 #53
I'm going with Bernie Sanders. forestpath Mar 2013 #56
Me too, methinks. I just get tired of Nader stuff. I am chock full of djean111 Mar 2013 #58
Here: ProSense Mar 2013 #70
This is not binding. Even if it was, it is only for veterans. I do not know one veteran on SS, but forestpath Mar 2013 #72
No ProSense Mar 2013 #73
Then I misunderstood it - but that changes nothing about forestpath Mar 2013 #74
Could you be specific regarding details of the White House release you quote Dragonfli Mar 2013 #79
Maybe ProSense Mar 2013 #83
Negotiating drug prices seams an excellent idea that has a great deal of popular support! Dragonfli Mar 2013 #87
Well, I guess I have my answer, disgusting budget full of hardship for us to Dragonfli Mar 2013 #98
You actually ProSense Mar 2013 #99
The opposite of a right wing site actually, those assholes are obviously even worse than the asshole Dragonfli Mar 2013 #104
Yeah, ProSense Mar 2013 #105
K & R !!! WillyT Mar 2013 #54
K&R: Keep it up Manny. caseymoz Mar 2013 #55
We might as well have all Republicans in Washington INdemo Mar 2013 #59
Thanks...I'll remember that when he tries to get re-elected in '14...He needs to be primaried. n/t whathehell Mar 2013 #60
Kick idwiyo Mar 2013 #61
Contact your US Senate-critters . . FairWinds Mar 2013 #62
It takes "Democrats" to destroy the New Deal and Great Society duffyduff Mar 2013 #63
Cuts are better than lifting the SS contribution cap, I think you'll agree! Romulox Mar 2013 #66
Kicking Liberalynn Mar 2013 #67
Surely you realize this is just part of a brilliant rope-a-dope. /nt Marr Mar 2013 #75
K & R historylovr Mar 2013 #76
If it weren't for the internets, 99% of us would all truedelphi Mar 2013 #82
I'm too tired to do anything but ... kentuck Mar 2013 #86
So ProSense Mar 2013 #88
Kick this Joe Bacon Mar 2013 #89
Remember when, kurtzapril4 Mar 2013 #93
To err is human, to apologize, divine... MannyGoldstein Mar 2013 #94
you just don't know how to play chess, Manny-mon Skittles Mar 2013 #97
K&R! Phlem Mar 2013 #100
The fact is Durbin is throwing out the administrations trial balloons. still_one Mar 2013 #101
Well said Manny! Very well said! Thank you Brother. k&r In Truth We Trust Mar 2013 #102
K & R Liberal_Dog Mar 2013 #103
kick woo me with science Mar 2013 #106
Seeing this late, as usual (health problems) tpsbmam Mar 2013 #109
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