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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (420856)9/29/2008 5:58:06 PM
From: Emile Vidrine  Read Replies (1) | Respond to of 1573691
 
I-node---You may be correct to some degree. There is much manipulation of the financial markets right now. First the Feds lower the reserve requirement and at the same time lowered the standards for these loans which increased problematic loans to the max. At the height of this craze, the Federal Reserve suddenly raised the Reserves requirement causing instant contraction of loans and simultaneously drastically increased the standards. This forced hundreds of billions and even trillions of dollars in loan contract no longer to meet the standards to be used for reserves. Our fractional banking federal reserve banks had to instantly decrease their loans and ended up trillions in loan contracts that no longer met the Reserve requirements.

In short, this financial crisis was engineered and created by the International bankers who control the Federal Reserve. As long a s Bush refuses to obey the wishes of Israel to invade Iran, Syria, etc., this monetary crises will continue.

The fundamentals of our economy are being crushed by the International bankers and their Federal Reserve banking system.
Ron Paul was right on this all along.