ACW Posted December 13, 2008 Share Posted December 13, 2008 Here courtesy of here. The Federal Reserve refused a request by Bloomberg News to disclose the recipients of more than $2 trillion of emergency loans from U.S. taxpayers and the assets the central bank is accepting as collateral. Bloomberg filed suit Nov. 7 under the U.S. Freedom of Information Act requesting details about the terms of 11 Fed lending programs, most created during the deepest financial crisis since the Great Depression. The Fed responded Dec. 8, saying it’s allowed to withhold internal memos as well as information about trade secrets and commercial information. The institution confirmed that a records search found 231 pages of documents pertaining to some of the requests. :mad::mad::mad::mad::mad: HEY, *******S, THAT'S OUR MONEY :cuss: Link to comment Share on other sites More sharing options...
Goaldeje Posted December 13, 2008 Share Posted December 13, 2008 Is anyone surprised? :doh: Bailout is such a great idea. Link to comment Share on other sites More sharing options...
SnyderShrugged Posted December 13, 2008 Share Posted December 13, 2008 The fed has too much power Link to comment Share on other sites More sharing options...
dockeryfan Posted December 13, 2008 Share Posted December 13, 2008 If I could use the search function, I would dig up threads of people saying the bailout was a good idea. Some of us were against Paulson's plan from the start. Link to comment Share on other sites More sharing options...
Burgold Posted December 13, 2008 Share Posted December 13, 2008 I don't like the way they operating in the least. If they have nothing to hide they shouldn't hide anything. Link to comment Share on other sites More sharing options...
SnyderShrugged Posted December 13, 2008 Share Posted December 13, 2008 If I could use the search function, I would dig up threads of people saying the bailout was a good idea. Some of us were against Paulson's plan from the start. I promise you wouldnt find any support from me! Not once, ever. Link to comment Share on other sites More sharing options...
dcnativenerd Posted December 13, 2008 Share Posted December 13, 2008 Are you ****ting me? "Hey America." "Yeah, Fed?" "We need a couple trillion dollars." "For what?" "None of your business." Yeah, that's real swell. Link to comment Share on other sites More sharing options...
Burgold Posted December 13, 2008 Share Posted December 13, 2008 If I could use the search function, I would dig up threads of people saying the bailout was a good idea. Some of us were against Paulson's plan from the start. I'll admit to mixed emotions. I still can. They proclaimed a doomsday story. We watched major institutions falling and the domino danger of that continuing could/might still be catastrophic. The bailout in itself was not evil or even completely wrong-headed. However, the problems are manifold. One is execution, two is secrecy, and three is the money isn't being targeted or controlled, and four the Fed is feeling like a magnimous God who will shower pleasure at his will or a vengeful God that will torture... neither is constructive or conducive to guiding a recovery. Mind you, secrecy has been a guiding principle of the Bush administration and we could argue that most of that secrecy was hiding incompetence rather than protecting us. Secrecy in itself like a bailout isn't bad, but it needs to be measured and considered. The fed seems to be reacting and not really thnking. Link to comment Share on other sites More sharing options...
deejaydana Posted December 13, 2008 Share Posted December 13, 2008 The fed has too much power Gov't in this country, the last 30 years, has grown steadily w/no checks on both its power and its ability and desire to see that it encroaches more and more into our everyday lives. I couldn't agree with you more, the feds do have too much power. Link to comment Share on other sites More sharing options...
SnyderShrugged Posted December 13, 2008 Share Posted December 13, 2008 Gov't in this country, the last 30 years, has grown steadily w/no checks on both its power and its ability and desire to see that it encroaches more and more into our everyday lives. I couldn't agree with you more, the feds do have too much power. I also agree with the "Feds" having too much power, but honestly, I was speaking specifically about the Federal Reserve" Fed, which isnt part of the Government but can act as if they are.:2cents: Link to comment Share on other sites More sharing options...
GibbsFactor Posted December 13, 2008 Share Posted December 13, 2008 No one on this board is allowed to complain unless you have actively protested this monstrosity from the beginning such as SnyderShrugged and others. The rest of you have to eat your cake now that you've got it. Link to comment Share on other sites More sharing options...
SnyderShrugged Posted December 13, 2008 Share Posted December 13, 2008 No one on this board is allowed to complain unless you have actively protested this monstrosity from the beginning such as SnyderShrugged and others.The rest of you have to eat your cake now that you've got it. I feel the love!! TY for that.:grouphug: Link to comment Share on other sites More sharing options...
PokerPacker Posted December 13, 2008 Share Posted December 13, 2008 hooray, another **** you to america. Link to comment Share on other sites More sharing options...
Fergasun Posted December 13, 2008 Share Posted December 13, 2008 Are you really surprised? Is Congress going to call them out on this? All the money was paid to China and other foreign countries... bank on it... Link to comment Share on other sites More sharing options...
Koolblue13 Posted December 13, 2008 Share Posted December 13, 2008 Is anyone surprised? :doh:Bailout is such a great idea. I think there is only one poster in this thread who has supported it from the get go. The rest of us loons can yell I told you so, until we are blue in the face, nobody listens. Link to comment Share on other sites More sharing options...
Coltsfan in VA Posted December 13, 2008 Share Posted December 13, 2008 Are you really surprised? Is Congress going to call them out on this? All the money was paid to China and other foreign countries... bank on it... It's being created out of thin air. Link to comment Share on other sites More sharing options...
SkinsOrlando Posted December 13, 2008 Share Posted December 13, 2008 Actually I have it, I didn't want to tell any of you but I'M RICH BEYOTCH, HA HA HA!! Link to comment Share on other sites More sharing options...
Seabee1973 Posted December 14, 2008 Share Posted December 14, 2008 ive been against it the whole time Link to comment Share on other sites More sharing options...
DjTj Posted December 14, 2008 Share Posted December 14, 2008 Is anyone surprised? :doh:Bailout is such a great idea. None of this money is from the bailout. The bailout was only $700 billion. This is money loaned directly from the Federal Reserve, which was never approved by Congress.The fed has too much powerYes, they do. :mad::mad::mad::mad::mad: HEY, *******S, THAT'S OUR MONEY :cuss:But it's actually THEIR money.Blame the Fed for this one. Don't blame the bailout. Link to comment Share on other sites More sharing options...
TheGoodBits Posted December 14, 2008 Share Posted December 14, 2008 Actually I have it, I didn't want to tell any of you but I'M RICH BEYOTCH, HA HA HA!! buy the redskins Link to comment Share on other sites More sharing options...
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