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lquadland10 (< 20)

Memo to Powers that be and Fools.

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August 12, 2011 – Comments (3) | RELATED TICKERS: GS , AUY , USO

Hi there Me again. Oh this is getting very interesting. First to the lesser powers that be. You are having problems getting people who can do maintness on your Cat products. You want to employ people. Cant find them. Ok try this. The Gov says we must invest in high paying teck jobs science and computers and what not. Ok. So what is the problem. Think outside the box. Go out into the community. See who are good with their hands. Does not matter what job they do just that they are good with their hands. Offer them Min Wage and apprentice them with your older experienced workers who will mentor them. Take them under their wings so to speak and train them the way you want them to be. After they master it then You can raise their wages. This is a win win except for the teck schools. The worker does not have to pay our for tuition and you and getting a worker that you need. Unleash the power of you imagination. You also have older workers that have a wealth of knowledge that may have retired yet still want to work. Bring them back to teach. Your younger workers don't go into DEBT to get the training and the experience ot the elders who learned by trial and error is priceless. A win win for all. ;-). This goes for all. Bridge maintnest and what not.  Just a thought. Now for the Fools. Oh you so put up with me. Thank you.Recent Audit of the Fed Reveals $16 Trillion in Secret Bailouts Posted on August 11, 2011 by eplank

Courtesy of friend of Knox912, Hombre Ligget   (HombreLiggett.com)

The first ever GAO (Government Accountability Office) audit of the Federal Reserve was carried out in the past few months due to the Ron Paul, Alan Grayson Amendment to the Dodd-Frank bill, which passed last year. Jim DeMint, a Republican Senator, and Bernie Sanders, an independent Senator, led the charge for a Federal Reserve audit in the Senate, but watered down the original language of the house bill (HR1207), so that a complete audit would not be carried out. Ben Bernanke, Alan Greenspan, and various other bankers vehemently opposed the audit and lied to Congress about the effects an audit would have on markets. Nevertheless, the results of the first audit in the Federal Reserve’s nearly 100 year history was posted on Senator Sanders webpage in July.

What was revealed in the audit was startling: $16,000,000,000,000.00 had been secretly given out to US banks and corporations and foreign banks everywhere from France to Scotland. From the period between December 2007 and June 2010, the Federal Reserve had secretly bailed out many of the world’s banks, corporations, and governments. The Federal Reserve likes to refer to these secret bailouts as an all-inclusive loan program, but virtually none of the money has been returned and it was loaned out at 0% interest. Why the Federal Reserve had never been public about this or even informed the United States Congress about the $16 trillion dollar bailout is obvious, the American public would have been outraged to find out that the Federal Reserve bailed out foreign banks while Americans were struggling to find jobs.

To place $16 trillion into perspective, remember that GDP of the United States is only $14.12 trillion. The entire national debt of the United States government spanning its 200+ year history is $14.5 trillion. The budget that is being debated so heavily in Congress and the Senate is only $3.5 trillion. Take all of the outrage and debate over the $1.5 trillion deficit into consideration, and swallow this Red pill: There was no debate about whether $16,000,000,000,000 would be given to failing banks and failing corporations around the world.

In late 2008, the TARP Bailout bill was passed and loans of $800 billion were given to failing banks and companies. That was a blatant lie considering the fact that Goldman Sachs alone received 814 billion dollars. As is turns out, the Federal Reserve donated $2.5 trillion to Citigroup, while Morgan Stanley received $2.04 trillion. The Royal Bank of Scotland and Deutsche Bank, a German bank, split about a trillion and numerous other banks received hefty chunks of the $16 trillion.  

 This is a clear case of socialism for the rich and rugged, you’re-on-your-own individualism for everyone else.”   

                                                    – Bernie Sanders(I-VT)

http://www.knox912.com/?p=856

No gold and silver is not in a bubble. Remember I told you with Alex Jones the when Oil fall to low watch Saudi Arabia. When they fall oil goes to 200. This is why I am also buying the oil area now and cost average down. Also the oil servicers like Coldburn Rig Supply. For the Fools.

For the business around the Country. Train them.

For all us. Let the left and the right Unite. Dream Big. A country divided can not stand.  If you are not part of the solution you are part of the problem. All nice saying. Now let us see what happens. Yep a very interesting year so far.

 

 

3 Comments – Post Your Own

#1) On August 12, 2011 at 9:27 AM, lquadland10 (< 20) wrote:

Ops...........I forgot the one for all of us.

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#2) On August 12, 2011 at 9:51 AM, L0RDZ (83.11) wrote:

If that is  true  Lynnie    they should  take all the bankers assets...   we  need to repossess  all their  property,  gold,,, children  and themselves as slaves until   such a crazy huge sum is repaid..

Its amazing the state gov is bustin my  chops  over  50 dollar they are now claiming  I  own  them ??   but   when it comes to tens of trillions of dollars  they have trouble gettin repaid or even  showing or keeping records of how many billions went here or there...

If ever there was a time where perhaps the masses needed to rise and  put all the politicians in prison... perhaps now is the time..  oh and all the former ones as well... ya know the  dodds  of the world  we get  life long pensions after fubaring  everything up...

 

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#3) On August 15, 2011 at 9:37 PM, lquadland10 (< 20) wrote:

Thank you my dear. It is true but I don't see anything changing.

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