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Fed admits losing 9 trillion

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  • Fri, May 29, 2009 - 02:47am

    #1
    dlsife

    dlsife

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    Fed admits losing 9 trillion

Apologies if this has been posted already.

http://www.wimp.com/reservelosing/

  • Fri, May 29, 2009 - 03:22am

    #2
    Peak Prosperity Admin

    Peak Prosperity Admin

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    Re: Fed admits losing 9 trillion

Looks like they put the right person in the job. What a complete moron!  Your tax dollars at work………

  • Fri, May 29, 2009 - 07:59am

    #3
    Peak Prosperity Admin

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    Re: Fed admits losing 9 trillion

Yep this was already posted here"

https://www.peakprosperity.com/blog/daily-digest-may-9/18465

Still it is frightening to know that this person is watching the FED for us.

Ken

  • Fri, May 29, 2009 - 11:24am

    #4
    Peak Prosperity Admin

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    Re: Fed admits losing 9 trillion

 One thing I found interesting was a few days after that hit the interenet Peter Schiff was interviewed and said that Alan Grayson was one of his clients who invested with Shciff.

Like Ron Paul, I have a tremendous respect for Grayson – even if he dresses like some folks I used to know in NY.

  • Fri, May 29, 2009 - 11:15pm

    #5
    Peak Prosperity Admin

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    Re: Fed admits losing 9 trillion

[quote=kenc]

Yep this was already posted here"

https://www.peakprosperity.com/blog/daily-digest-may-9/18465

Still it is frightening to know that this person is watching the FED for us.

Ken

[/quote]

It seems to be standard policy now to just pretend that you are completely incompetent while the real action is happening off camera.

  • Sat, May 30, 2009 - 12:38am

    #6
    Peak Prosperity Admin

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    Re: Fed admits losing 9 trillion

RayTomes said:   It seems to be standard policy now to just pretend that you are completely incompetent while the real action is happening off camera.

Agreed, when caught, it is preferred to submit one’s self to incompetence rather than to be charged as a criminal.

Hmmmm….$9 trillion dollar loss….  The issue is not that we are being looted; the issue is will we allow it to continue…

Larry

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