Replies to post #577 on Bear Stearns (fka BSC)

[AngusYoung]

This is just the beginning of another chapter in the redistribution of wealth and corporate welfare.

[CITIZEN KEEF]

calm yourself. I smell another RTC issue,shhhhh after another one of those we'll hear that they used a C"X"O structure and when that one implodes the Fed will own it all. Carteresque inflation cubed on the horizon IMO,

yes the FEDS a private company, yes its the bastard child of a duckhunt and its british plotters,yes the federal income tax is the endless vig, yes US taxpayers and consumers are slaves to it, yes, every single penny is produced as a debt somewhere in the system,yes like Bear Steans,every financial institution is too some degree over leveraged,yes the plan when the dogs turn on eachother is to consume and consolidate,yes puppet bush bla bla bla,

my opinion is that the Fed acted in the best interests of all to attempt "another interpretation" of the Red Adaire Solution ( http://www.redadair.com/bio.html ).

$30bn more $fiat is a drop in the ocean compared to whats coming IMO, if I'm right then the 30bln was a waste of money.

http://www.lw.com/upload/pubContent/_pdf/pub1874_1.pdf

http://www.independent.co.uk/news/business/news/russian-doll-that-could-turn-toxic-for-diamond-544621.html
Whatzayou?

[Legato]

Also, the Federal Reserve never gets audited. Never! Us, smucks have to risk being audited. We got less money than them. I didn't mean to make you feel worse.
True, the Fed is the biggest scam around. Now, they are spreading their ugly, hairy arms to other entities.

[pelicaninnc]

About as good as the screw job of giving people rebate checks so they can pay for gas which has gone up about 40 cents a gallon since the rebate checks were announced.