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Thread: AIG sells $39.3 billion in assets to NY Fed's fund

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    Re: AIG sells $39.3 billion in assets to NY Fed's fund

    So, what is the true value of these 'assets'?

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    Re: AIG sells $39.3 billion in assets to NY Fed's fund

    Quote Originally Posted by Jackboot View Post
    Some people just cannot be reached..........
    Do you have the slightest idea what you are actually ranting about?
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: AIG sells $39.3 billion in assets to NY Fed's fund

    Quote Originally Posted by Goldenboy219 View Post
    Do you have the slightest idea what you are actually ranting about?
    I do, do you?

    What money is the fed using to buy these assets, do you even realize we are broke, we do not have money to buy assets, do you know this, this glaring obvious fact, do you know we are 100 trillion dollars in debt, when you add the promises this government has made, do you know this is the longest run on sentence in the history of run on sentences?

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    Re: AIG sells $39.3 billion in assets to NY Fed's fund

    Quote Originally Posted by Jackboot View Post
    I do, do you?

    What money is the fed using to buy these assets, do you even realize we are broke, we do not have money to buy assets, do you know this, this glaring obvious fact, do you know we are 100 trillion dollars in debt, when you add the promises this government has made, do you know this is the longest run on sentence in the history of run on sentences?
    The Fed has the ability to create money out of thin air, and the way they increase the money supply/lower interest rates is buy purchasing (with newly created dollars) assets. Due to the new facilities created, the Fed can now purchase various MBS's which is what they are describing in the article.

    BTW, please elaborate on that $100 trillion dollar comment. This ought to be good!
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: AIG sells $39.3 billion in assets to NY Fed's fund

    Quote Originally Posted by Goldenboy219 View Post
    The Fed has the ability to create money out of thin air, and the way they increase the money supply/lower interest rates is buy purchasing (with newly created dollars) assets. Due to the new facilities created, the Fed can now purchase various MBS's which is what they are describing in the article.

    BTW, please elaborate on that $100 trillion dollar comment. This ought to be good!
    Sure, from the federal reserve themself, read it, I know it may be frightening, it is, I agree, but read it carefully.......

    Storms on the Horizon - Richard Fisher Speeches - News & Events - FRB Dallas

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    Re: AIG sells $39.3 billion in assets to NY Fed's fund

    Quote Originally Posted by Jackboot View Post
    Sure, from the federal reserve themself, read it, I know it may be frightening, it is, I agree, but read it carefully.......

    Storms on the Horizon - Richard Fisher Speeches - News & Events - FRB Dallas
    LOL, you really do not understand do you?

    Add together the unfunded liabilities from Medicare and Social Security, and it comes to $99.2 trillion over the infinite horizon.
    Thanks for playing....
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: AIG sells $39.3 billion in assets to NY Fed's fund

    Quote Originally Posted by Goldenboy219 View Post
    LOL, you really do not understand do you?



    Thanks for playing....
    A word of advice, remove the "libertarian' tag from your bio, you are not intelligent enough to even be considered for the party.

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    Re: AIG sells $39.3 billion in assets to NY Fed's fund

    Now, for the rest of the adults here, how long can we possibly expect this ponzi scheme to operate, before the rest of the world calls in their chips?

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    Re: AIG sells $39.3 billion in assets to NY Fed's fund

    when tarp was rejected in the house, stocks fell 777 points.

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    Re: AIG sells $39.3 billion in assets to NY Fed's fund

    Quote Originally Posted by Jackboot View Post
    Now, for the rest of the adults here, how long can we possibly expect this ponzi scheme to operate, before the rest of the world calls in their chips?
    Do what North Korea just did, make some new bills & say the old ones are worthless & can't be traded in.....
    Same thing with T bills.....

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