Couldn't pay off the debt even if you taxed the rich

[FluffyMcDeath]

because they don't have enough money - but twenty one trillion dollars would certainly help, no?
Let me say that again.
21 trillion dollars

 

[cecilia]

these rich bums are basically useless

 

[robert l. bentham]

these rich bums are basically useless

uhm those are good and honest job creators you are slandering girl... the owners called and asked me to tell u to stop...

 

[Fade]

So that's where all those union dues end up.

 

[FluffyMcDeath]

So that's where all those union dues end up.

Nope. But you knew you were just trying to be humerous, not right.

 

[FluffyMcDeath]

So after a quick audit of the Fed it seems that, not only do a few million guys have 21 trillion bucks in off shore tax havens, but the Federal Reserve pulled 16 trillion dollars out of its backside (pretty much the same amount as the US debt) and loaned it at extremely good rates to the banks of the world.

 

[FluffyMcDeath]

I should say it louder.
16 trillion dollars
That's the amount of money that the Federal reserve created to bail out the big financial institutions. This is far in excess of what the government borrowed to create the TARP funds and this is an amount roughly equal to the current US deficit BUT the financial institutions have been given 16 trillion dollars on MUCH better terms than the Federal Reserve lends to YOU, the tax payer.

I know that Red was happy to see Grayson go, but Grayson was Ron Paul's chief ally when he was trying to get the Audit the Fed bill rolling. Grayson was an enemy of the financial companies - but they were happy to see him replaced by Daniel "save Schiavo" Webster.