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The $303 Trillion In Derivatives That US Taxpayers Are Now On The Hook For
12-13-2014, 02:23 AM #1
Shadow Mrs. Buckwheat
Posts:12,782 Threads:1,182 Joined:Feb 2011
Quote:Courtesy of the Cronybus(sic) last minute passage, government was provided a quid-pro-quo $1.1 trillion spending allowance with Wall Street's blessing in exchange for assuring banks that taxpayers would be on the hook for yet another bailout, as a result of the swaps push-out provision, after incorporating explicit Citigroup language that allows financial institutions to trade certain financial derivatives from subsidiaries that are insured by the Federal Deposit Insurance Corp, explicitly putting taxpayers on the hook for losses caused by these contracts.

İmage

http://www.zerohedge.com/news/2014-12-12...e-now-hook

These banks are playing monopoly with people's savings and retirement accounts. What could possibly go wrong? lol.gif
12-13-2014, 03:26 AM #2
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,396 Threads:1,439 Joined:Feb 2011
And the Dow closed down -315.51
https://www.google.com/finance?cid=983582

The banks are gonna' roll the bones at the public expense again.

wonder.gif
12-13-2014, 01:11 PM #3
DaJavoo If looks could kilt
Posts:1,861 Threads:45 Joined:Mar 2011
Maximum Cash (re:wealth) Extraction.

That's what it's been about, since forever. TPTB have finally added enough zeroes to the ledgers that it requires the outright theft of every account on the planet.

The sad thing is that there isn't $303 trillion on the planet.
12-13-2014, 02:11 PM #4
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,396 Threads:1,439 Joined:Feb 2011
They can just print it. chuckle.gif

wonder.gif
12-13-2014, 02:54 PM #5
Shadow Mrs. Buckwheat
Posts:12,782 Threads:1,182 Joined:Feb 2011
(12-13-2014, 02:11 PM)JayRodney Wrote:  They can just print it. chuckle.gif

No kidding. If the gov can just print money, why do we pay taxes?
12-13-2014, 02:59 PM #6
Octo Mother Superior
Posts:43,017 Threads:1,474 Joined:Feb 2011
İmage
12-13-2014, 03:04 PM #7
Shadow Mrs. Buckwheat
Posts:12,782 Threads:1,182 Joined:Feb 2011
yup.gif Morning Poodles hug.gif
12-13-2014, 04:15 PM #8
Shadow Mrs. Buckwheat
Posts:12,782 Threads:1,182 Joined:Feb 2011


12-14-2014, 04:36 PM #9
SpiritMasonChazz Member
Posts:975 Threads:102 Joined:Jun 2014
1 trillion dollars that's a lot of trees baby
I heard that amount could give every USA citizen 30,000 dollars something like that amount or was it 300,000.
The fiat dollar printing machine must get no breaks to cool down.
This is going to be one big cliff when it falls 2015 2020???? my guess # is 06/16/2016 61616 .
Silver/gold must be put in place after the collapse screw the NWO micro 666 chip .
Canada is prepping more mint I have noticed.
The new 8 dollar 1 1/4 troy silver ounce is even made with anti counterfeit detailed precision lines etc.
12-14-2014, 05:22 PM #10
Shadow Mrs. Buckwheat
Posts:12,782 Threads:1,182 Joined:Feb 2011
Elizabeth Warren on the derivative bail out. Damn fine speech.



12-15-2014, 10:53 AM #11
SpiritMasonChazz Member
Posts:975 Threads:102 Joined:Jun 2014
Damn fine speech
To bad this isn't in main stream media.
The Banking cartel is the real terrorist threat they make all global war terrorist small potatoes to these global financial killers of sold out 60+ % wall street NWO seat holders aimed at destroying all human personal wealth & well being.
12-15-2014, 09:16 PM #12
yankees skier
Posts:5,898 Threads:215 Joined:Feb 2011
Poof. There goes the money.

Biere.
12-15-2014, 09:48 PM #13
Accidental Stoner Member
Posts:8,927 Threads:71 Joined:Feb 2011
(12-14-2014, 04:36 PM)SpiritMasonChazz Wrote:  1 trillion dollars that's a lot of trees baby
/...

Monsanto cotton fibres..?
12-16-2014, 12:27 AM #14
SpiritMasonChazz Member
Posts:975 Threads:102 Joined:Jun 2014
(12-15-2014, 09:48 PM)Accidental Stoner Wrote:  
(12-14-2014, 04:36 PM)SpiritMasonChazz Wrote:  1 trillion dollars that's a lot of trees baby
/...

Monsanto cotton fibres..?

No that altered generic poison is for the human food market.
The Federal reserve cartel uses our best trees so they can only steel from you.
Premium anti counterfeit trees baby.



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