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GopperStopper2680

(397 posts) Wed Mar 14, 2012, 05:08 PM Mar 2012

Addressing a couple salient replies to my 'GAO Audit of the Fed' Thread

I want to address a couple of what I thought were important replies to my thread "GAO Audits the Fed for the First Time'. These issues that I think are important arguing points. The two points I want to address are these:

A): GAO Auditing the Fed is 'Old News'- there are 'Other Outrages' now,
and:
B): 16 trillion dollar figure is a 'lie' created by people who have no idea how the system works.

To point A let me start by saying this- I did not say that this was breaking news. And it isn't my place to report the news. I wrote the post precisely because I didn't think that the article had gotten as much media coverage as it should have for one of its age. Secondly the criminals that pulled off this heist want the taxpayers and voters to be bored with it and think it's outdated so that they no longer have culpability for it. As long as it's forgotten they're once more in safe waters. We should not provide a voter statute of limitations for international criminal banksters. This is precisely WHY I posted the thread. It does not matter if it happened 5 years ago or 50. A staggering sum of our taxpayer money was handed out to foreign banks in secret without anyone's approval or oversight. That deserves some attention.

To point B I would like to respond by saying this first: The way in which the system works has NOTHING to do with this crime. My perported ignorance of the credit/loan system has nothing to do with the fact that a huge amount of money was taken from the Fed and handed out to foreign banks to keep the global power elite afloat. As Bernie Sanders himself remarked this is 'socialism' among the rich. The point here is that it was a 'secret bailout'. Secret, meaning that nobody was told it was to happen, nobody voted for it, and nobody supervised it. The bailout was approved to shore up our failing economy, not to allow global ultra-elites to continue to live in obscene wealth. This was a nice little bit of misdirection, but I've been in far too many arguments to fall for it. It wouldn't matter if they only gave out ten grand and if the whole system was run by leprechauns. The point is that no sum of money should have been handed out to foreign bankers in secret without anyone's approval to shore up the global elite.

Secondly I would like to add that if anyone feels that I am ignorant on any given topic, ANYTHING from Finance to to the Easter Bunny I welcome them to educate me. Send me a good, explanatory article of how it works and then you'll be part of the solution and not part of the problem.

I would close this article by saying that I didn't write these articles to make friends or become popular or show off. I wrote it to address an issue that I believe was a criminal act which the perpetrators thought dead and buried. Undoubtedly some will not like what I have to say. That's fine. Either way my goal is served. If it turns out that nobody cares after all then I'll dust off my boots and move on having done all I can do. Then the Governers can handle it.