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In reply to the discussion: Audit of the Federal Reserve Reveals $16 Trillion in Secret Bailouts [View all]99th_Monkey
(19,326 posts)10. And then if the Pentagon could find their missing 2.3 Trillion$, we'd have a surplus. ~nt
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One murder a villain, millions a hero. Numbers sanctify, my good fellow.--M. Verdoux
valerief
Mar 2012
#30
And then if the Pentagon could find their missing 2.3 Trillion$, we'd have a surplus. ~nt
99th_Monkey
Mar 2012
#10
No problem - half of this can be recouped by simply defaulting on Uncle Sam's debt to
Samantha
Mar 2012
#8
If any of the Federal Reserve's loans go bad, the US Treasury is on the hook..
girl gone mad
Mar 2012
#15
How dishonest or misleading? What's the normal flow of Fed Funds to Primary Dealers?
leveymg
Mar 2012
#19
It is dishonest because the total given is the sum of multiple consecutive overnight loans
Taitertots
Mar 2012
#20
$16T is equal to the GNP of the US. Nobody who understands this thinks the Fed handed a lump sum
leveymg
Mar 2012
#31
The $16T figure is a useful figure to show the extent of federal injection of liquidity to banks '08
leveymg
Mar 2012
#36
It doesn't take an act of Congress to redirect Fed liquidity measures from global banks to
leveymg
Mar 2012
#40
This is all to prop up $1 QUADRILLION in VAPOR derivatives. (yes quadrillion)
grahamhgreen
Mar 2012
#27