SR 24 The Fed's Secret Loans Video
www.STILL2012.com
During the debate about raising the debt limit, the GAO quietly released a stunning report that the Fed between 2008 and 2010 made over $17 trillion in secret loans to banks, both foreign and domestic, including an $8 trillion loan to the European Central Bank to keep Europe afloat.
Keep up your good ...
Keep up your good work Bill Still.? I appreciate your hard work and dedication.
there's a theory ...
there's a theory that the Bank of England still runs the show. Maybe? it's more than a theory.
-? EXACTLY
-? EXACTLY
Try getting ...
Try getting celebrities on your side for some mentioning here or ther, maybe. Or they might sponsor TV ads. I don't know, the world needs you.? Speak at universities maybe. I tell people about this concept.
Bank Fraud defenses ...
Bank Fraud defenses free? information. ww w . StopForeclosure . LA or 888 ***255****9999
Don't quite ...
Don't quite understand - why would the Federal Reserve lend money to the Bank Of England (even at low rates of interest)? Why would the Bank? Of England not simply print that money?
but those "numbers" ...
but those "numbers" mark loans, not free gifts. The GAO has a conflict of interest in this matter, anyway.
Obama? is not making the bankers rich. Reagan started that process and now bankers are just doing what they think they can get away with.
There will likely be no punishment for the banks, as the Tea Party refuses to acknowledge that anything other than Obama is the source of all America's problems.
-- I do not agree ...
-- I do not agree with nationalizing banks or banking, but as Prof. Irving Fisher said, we need to nationalize money. We need a competitive, profit-driven lending function to keep borrowing? costs low and keep liquidity high. If all lending were centralized (nationalized) to whom would Bill Still go to get a loan when the government lending agency turned me down?
Bill...I stand ...
Bill...I stand corrected. I ignorantly sensed the? use of the term "bug" as pejorative. I did more research and saw that it is in fact a term adopted as you suggest. I tend to be in the gold-back currency camp myself only because of my deep distrust of politicians. I will continue to do more research, which will include listening to you and Helen Brown, among others.
Central Banks ...
Central Banks worldwide are demanding interest from taxpayers everywhere, not just here in the US.
About interest-free loans, at least low-interest loans, or fee-based loans to cover the? costs incurred in loaning and collecting the repayments.
I heard an Arab man speaking in terms of banking as INFRASTRUCTURE.
Why not? It is very essential to our modern world
Well done Bill! ...
Well done Bill! Keep spreading the word. Debt Free Money. Abolish fractional reserve? lending.
I know this might ...
I know this might not me justified, but no organization? is under any legal obligation in most countries to write on their balance sheet who they lent money to.....this should be changed at least for central banks!
-- I would want ...
-- I would want neither of these options. Banks must be profit-making and competitive because of the "time-value of money". Otherwise there would be no incentive to loan -- capitalism. Public banks at the state level are fine, but at the federal level this would be anti-competative and therefore? violate the de-consolidation of power principle for maximal public interest.
Yes, if that were ...
Yes, if that were the only change. Banks could be regulated to be non-profit institutions or public banks could? issue interest-free credit.
-- look on the ...
-- look on the video. It gives the website of the GAO, Government Accounting Office. It may not have been a secret if one goes to the ECB website, but it was certainly a? secret in this country.
-- right?
-- right?
interest free means ...
interest free means no incentive to loan, no incentive? to deposit!
sorry I didn't ...
sorry I didn't understand what the GAO is. Thanks for? sharing this info with me. No one probably noticed because it took place over 271 transactions. They still weren't done secretly. The ECB has to report these loans on a weekly basis. Otherwise it goes against its founding principles of transparency.
-- I cited my ...
-- I cited my source -- the GAO report. Check it out. It's? online.
-- Loaning money ...
-- Loaning money must have interest? attached, or there would be no loans. Usury is loaning money one creates out of nothing. That must be stopped.
All money should be ...
All money should be debt-free and interest-free. Usury and speculation must be? eliminated.
We're all very ...
We're all very fortunate to have people like Mr.? Still share their information with us. I'm just a common man that knows very little about politics and big business. However, after learning the basics from Mr. Still, I want to storm the Bastille.
nice? video
nice? video
Hi Bill, Where did ...
Hi Bill, Where did you find out that the ECB got a 8 trillion dollar secret loan? I talked to people in their accounting department and they said they never received any secret loans from the Fed. Loans yes but? not secret loans....
-- nope.? I've ...
-- nope.? I've tried and tried.
senator sanders has ...
senator sanders has the GAO? report here:
The Fed Audit
sanders(.)senate(.)gov/newsroom/news/?id=9e2a4ea8-6e73-4be2-a753-62060dcbb3c3
Bill I only? wish ...
Bill I only? wish that before you leave this earth that you will be a figure of not only national but international heroism. Has any major media outlet ever spoken your name? Love your work!
cheers for the ...
cheers for the clarification i see what you mean when your? talking in terms of real money and not just money created out of thin air through the fractional reserve system.
-- I think this is ...
-- I think this is the guy who claims that I copied his work when I never heard of him before a year ago. He's pretty obtuse and if he's saying there should be no interest paid on loans dead wrong. The time-value of money makes interest payments on lending real money mandatory; otherwise, no one would loan. I do believe that charging interest on money you never had in the first place is not? only immoral, but outright fraud.
-- Hmmmm, I didn't ...
-- Hmmmm, I didn't realize that you thought the term Goldbug was an attack. Goldbugs have called themselves this for years. ?
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