Federal Reserve is protecting your TAX bailout Money
By Gerald: Internet Anthropologist Think Tank
Oct. 8, 08
AGI Insurance co. was in trouble and the Government ordered the Federal Reserve to bail them out to the tune of $85,000,000,000 ( 85 Billion dollars ).
AGI was so happy they had a party, at a vacation spa with the money.
Rooms were $1,600 a night, the total cost was $440,000 of taxpayers money.
And the Federal Reserve was so angry they gave them $38,000,000,000 more.
Thats $38 billion more dollars.
Of course this time its a loan??? backed by HARD assets, of course the Federal
Reserve hasn't told any body why they gave them more money, or what the first $85
billion was spent on, besides the party, and haven't told any one what the hard assets are that back the other $38 billion.
And the Federal Reserve has $700,000,000,000 ( $700 billion ) to buy bad loans.
Mortages, right?? WRONG, credit card bad debt, bad auto loans etc.
The banking lobbyists were working around the clock on this.
Limited Golden parachutes, BULL.
The new bail out gives the biggest banks, the biggest crooks , the ones charging 33% to 99%
interest on credit cards, it gives them, the companies a GOLDEN parachute.
We need new leadership at the federal reserve and 100% more transparancy.
The CEOs only get performance bonuses, DUH, they just lined up $700 billion.
Let the performance bonuses flow, flood the boardrooms, they just pulled off
the biggest scam in history.
This will go down in history as a new era of Bank Robber Barrons, and criminal banking activity.
We have picked up noise back ground chatter about a lobbyist firms $100,000,000 ( $100 million dollar ) fee .
And some congressmen's re-election chests are tuned to be truly over flowing, cascading, treasure CHESTS, in Gratitude from the Banking and Credit card criminal corporations.
Whats the difference between a bribe and a political donation?
The amount of money, a million dollar contribution, even broken up over time into smaller pieces, is a BRIBE.
When did the Mafia usury interest rates of 30% or 99% become legal for banks and credit card companies?
The Mafia was sent to prision for usury, but the banks don't get charged with usury they get the bankruptcy laws changed in the criminal banks favor.
So the banks can pursue their vicitms of Usury to the grave, and collect their criminal proceeds.
Why did they send the Mafia to prison but bail the banks out? LOBBYIST.
THEY MADE A CRIME LEGAL. USURY.
A billion is a difficult number to visualize, let’s put a billion into perspective: A billion minutes ago, Jesus was alive. A billion hours ago, our ancestors were living in the Stone Age.
How long would it take to count to one billion? If you count one number a second without stopping until you reach a billion. That task would take you 31 years, 259 days, 1 hours, 46 minutes, and 40 seconds.