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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: Sr K who wrote (506977)9/8/2012 7:24:37 AM
From: unclewest26 Recommendations  Read Replies (1) | Respond to of 793883
 
I'm pretty sure it is what the Fed has already reported.


For someone who likes to parse and critique words, that is hilarious!
Do you mean pretty as in beautiful or pretty as in almost?
Is your "pretty sure" supposed to be as reassuring as your recent Post that declared only, "I only tell the truth"?

It's false to post a "01 Sep 2012" rehash of something "carried out in the past few months" which had to be before the "July 21st, 2011" GAO report.

Nothing false about doing that. It was about an after the fact bank report and audit. Bank reports and Audits and comments about them are always after the fact.

There is nothing false about saying the Fed had $16 Trillion in loans in a "given period" if that is what they did.
I'm pretty sure that is not the same as saying the Fed had $16 Trillion in outstanding loans on any given day, even though that is true today.

I'm pretty sure it is important to know that Obama and the Fed have us over $16 Trillion in debt all 24 hours today, and tomorrow the debt will be worse.

$16 Trillion is about 7x the total US dollars in circulation world-wide.

If you got all the dollars in the world in one place and everyone tried to collect what the US Govt owed them at the same time, over 85% of them will get nothing. I'm pretty sure that is a gigantic ponzi scheme, and it sure is ugly and getting uglier every moment of everyday.
usdebtclock.org

Over $5 Trillion of that money was borrowed on Obama's watch. That is reason enough to fire him.