Thread: Banks borrow record $437.5 billion per day from Fed

Banks borrow record $437.5 billion per day from Fed

Borrow, who the fuck do these clowns think they are lying to. Christ sake man, oh well just add it to the bailout!!

Originally Posted by michaelr

Banks borrow record $437.5 billion per day from Fed

Borrow, who the fuck do these clowns think they are lying to. Christ sake man, oh well just add it to the bailout!!

You know it will take enormous amounts of money to cover the derivatives market, the continued collapse of the mortgage market, the bond market, and the interest on the debt.

Hey! I have heard 3 economist, if you can call them that, this morning state that inflation is very low and we need not worry about costs in this down turn? They are telling people who have lost 40% to 50% of their 401k's to continue to hold stocks in their portfolios? They plainly are telling young people to hold as much as 75% in stocks.

Also, look at the banks that are getting the money, most of them are investment banks like goldman sachs, the carlyle group, citi group and so on.

They plainly are telling young people to hold as much as 75% in stocks.

Are you shitting me?? Thats blatant theft.

Hey Anon, you will not believe this, CNBC is saying this is the best week in the markets since 87, they're calling this a bounce back, I shit you not. I am going to email the the article in the OP. Fucking lying bastards.

Are you people nuts? Your selling this week as the best week since 87, hey the banks are having to borrow $437 billion per day from the feds, then the market is teetering, in other words that money is being eaten up as fast as they get it. We will have to add this to the bailout. Do your damn jobs and quit lying to the American people.
Banks borrow record $437.5 billion per day from Fed | U.S. | Reuters

My email to them...

Originally Posted by michaelr

Are you shitting me?? Thats blatant theft.

Yes, CNN money, and Bloomberg both had analyst preaching this crap this morning.

Originally Posted by michaelr

Hey Anon, you will not believe this, CNBC is saying this is the best week in the markets since 87, they're calling this a bounce back, I shit you not. I am going to email the the article in the OP. Fucking lying bastards.

Yea I believe it. Bloomberg is preaching the same shit. This hyper-inflation is going to be real bad when it hits, probably this spring.

Originally Posted by anonnymous

Yea I believe it. Bloomberg is preaching the same shit. This hyper-inflation is going to be real bad when it hits, probably this spring.

I believe you, hell you haven't lied to me yet. The fucks should be arrested!!

Originally Posted by michaelr

I believe you, hell you haven't lied to me yet. The fucks should be arrested!!

I liked this video.

YouTube - 10/14/2008 Peter Schiff On Glenn Beckepression In Disguise

Originally Posted by anonnymous

I liked this video.

YouTube - 10/14/2008 Peter Schiff On Glenn Beckepression In Disguise

What did you think of my email?

The feds are going to dump billions today, they want the sheep to go into the weekend thinking the bailout is a good idea, and the crisis is over. Man these people are soooo predictable.