On Fri, 14 Nov 2008 14:41:18 -0600, F.George wrote:

In less than 3 months, over 5 trillion dollars has been "injected" into
the market. The exact amount cannot be determined.

This is only the amount the US has committed to so far. Europe, Russia,
Germany, Japan and China just about sum that much by themselves.

--
Regards, Curly
------------------------------------------------------------------------------
RIP -- Robert Lee Burnside 11/23/26 - 9/1/05
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On Fri, 14 Nov 2008 12:28:50 -0800, Calif Bill wrote:


"Curly Surmudgeon" wrote in message
. ..
On Thu, 13 Nov 2008 22:42:41 -0800, Calif Bill wrote:


"Cliff" wrote in message
...
On Thu, 13 Nov 2008 04:06:58 -0800 (PST),
wrote:

On Nov 13, 6:07 am, Cliff wrote:
Another three trillion down the drain. Does the phrase "Miserable
Failure" ring a bell?

OTOH AIG had another nice party and someone is getting a lot of
taxpayer money .... well, debt to the taxpayer, anyway. THEY got the
money.

No accountability either AFAIK. Just
free money ... How did this get started again? --
Cliff

The dems are pilfering the money. Nothing new there.

They are not running things yet.
Bushco is.
So you lied. Again.

HTH
--
Cliff

You are definately confused as to how the Federal Government runs.

Then explain the $2 trillion dollars that the Fed has already given out
wihtout oversight and refuses to reveal recipients.

The
Congress is the only group who can pass a spending bill, the only ones
who
can say we spend this money. The Executive Branch can approve or veto
the
bill with their Check and Balance part of government. But it is only
Congress who can first say lets spend money and tell the rest of
government to spend money and how much they can spend. And the
Democrats have been in control of the checkbook for nearly 2 years.
Bush and the Republicans sux. But so does the Democrats and Pelosi,
expecially Pelosi, and Reid.

You cannot gloss over the 6 years of a Republican congress so easily and
blame the next class for their bending over and dropping their trousers
for Bush/Cheney.

--
Regards, Curly
------------------------------------------------------------------------------
RIP -- Robert Lee Burnside 11/23/26 - 9/1/05
------------------------------------------------------------------------------





Did not say the Republicans were angels. I stated the facts of life re
our government and who actually gets to vote to spend money. And yes, if
the spending bill passes, the money HAS TO BE SPENT. A Democrat Congress
got that ruling years ago. Used to be the Executive branch controlled a
lot of the pork overspending, by just not spending the money. But
Congress did not like fiscal responsibility.
http://www.auburn.edu/~johnspm/gloss/impoundment is a decent explanation.
We need an Executive Branch to take the ruling to the Supremes. The
problem for at least the last 8 years, is a President who did not veto
overspending. And the $5 trillion, not $2 trillion is not money spent, so
no appropriation bill was required. It is what we committed to cover and
keeps growing. We are screwed.

Absolutely screwed, the only solution is massive inflation.

Got your bug-out bags packed?

--
Regards, Curly
------------------------------------------------------------------------------
RIP -- Robert Lee Burnside 11/23/26 - 9/1/05
------------------------------------------------------------------------------




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On Nov 13, 7:17*am, rand mair fheal wrote:
In article ,





wrote:
On Nov 13, 6:07*am, Cliff wrote:
* Another three trillion down the drain.
* Does the phrase "Miserable Failure" ring a bell?

* OTOH AIG had another nice party and someone
is getting a lot of taxpayer money .... *well, debt to
the taxpayer, anyway. THEY got the money.

* No accountability either AFAIK. Just
free money ... *How did this get started
again?
--
Cliff

The dems are pilfering the money. *Nothing new there.

its all obamas fault

bin Laden had nothing to do with it.

On Nov 13, 5:43*pm, Cliff wrote:
On Thu, 13 Nov 2008 04:06:58 -0800 (PST), wrote:
On Nov 13, 6:07*am, Cliff wrote:
* Another three trillion down the drain.
* Does the phrase "Miserable Failure" ring a bell?

* OTOH AIG had another nice party and someone
is getting a lot of taxpayer money .... *well, debt to
the taxpayer, anyway. THEY got the money.

* No accountability either AFAIK. Just
free money ... *How did this get started
again?
--
Cliff

The dems are pilfering the money. *Nothing new there.

*They are not running things yet.
* Bushco is.
* So you lied. Again.

HTH
--
Cliff

Regardless of what you say, the Dems are pilfering the money.

On Nov 14, 1:42*am, "Calif Bill" wrote:
"Cliff" wrote in message

...





On Thu, 13 Nov 2008 04:06:58 -0800 (PST),
wrote:

On Nov 13, 6:07 am, Cliff wrote:
Another three trillion down the drain.
Does the phrase "Miserable Failure" ring a bell?

OTOH AIG had another nice party and someone
is getting a lot of taxpayer money .... well, debt to
the taxpayer, anyway. THEY got the money.

No accountability either AFAIK. Just
free money ... How did this get started
again?
--
Cliff

The dems are pilfering the money. *Nothing new there.

They are not running things yet.
*Bushco is.
*So you lied. Again.

HTH
--
Cliff

You are definately confused as to how the Federal Government runs. *

Cliff is not confused. Curly is not confused. They know how it
works...

and choose to lie about it.

They are part of the disinformation assault on America.

The
Congress is the only group who can pass a spending bill, the only ones who
can say we spend this money. *The Executive Branch can approve or veto the
bill with their Check and Balance part of government. *But it is only
Congress who can first say lets spend money and tell the rest of government
to spend money and how much they can spend. *And the Democrats have been in
control of the checkbook for nearly 2 years. * Bush and the Republicans sux.
But so does the Democrats and Pelosi, expecially Pelosi, and Reid.

The Dems cannot even follow their own legislation, written only hours
previously. Hmmmm?

On Nov 13, 1:04*pm, F. George McDuffee gmcduf...@mcduffee-
associates.us wrote:
On Thu, 13 Nov 2008 08:27:16 -0800, "John R. Carroll"

wrote:
Nice fairy tale but that's what it is.

JC

---------
When do we get to the part where "they lived happily ever after?"

Unka' George [George McDuffee]

We don't. Dems are never happy.

In article ,
wrote:

Cliff is not confused. Curly is not confused. They know how it
works...

and choose to lie about it.

They are part of the disinformation assault on America.

actually the confusion is all yours

congress authorizes spending
but its the president that actually does the spending

so any complaint about spending all goes to shrub
until 20 jan 2009 - end of an error

arf meow arf - cats and dogs living together - who ya goin call
its the end of the world as you know it - filler text goes here
this is how the world ends - not with a whimper but with a bang
this is how the world ends - not with a whimper but with a bang

On Fri, 14 Nov 2008 21:51:00 -0800, Curly Surmudgeon
wrote:

On Fri, 14 Nov 2008 14:41:18 -0600, F.George wrote:

In less than 3 months, over 5 trillion dollars has been "injected" into
the market. The exact amount cannot be determined.

This is only the amount the US has committed to so far. Europe, Russia,
Germany, Japan and China just about sum that much by themselves.
--------------
Indeed, which again indicates this is not a *LIQUIDITY* problem,
as it would have been solved [several times over] by now if this
was the case.

I again ask: "where did/does all this money go" and "where did
all the money go [and come from] that was involved in the oil,
metal and commodities (food) bubbles?"

There is something far more rotten and systemic that a simple
cash flow problem at work here.


Unka' George [George McDuffee]
-------------------------------------------
He that will not apply new remedies,
must expect new evils:
for Time is the greatest innovator: and
if Time, of course, alter things to the worse,
and wisdom and counsel shall not alter them to the better,
what shall be the end?

Francis Bacon (1561-1626), English philosopher, essayist, statesman.
Essays, "Of Innovations" (1597-1625).

On Sat, 15 Nov 2008 08:17:42 -0600, F.George wrote:

On Fri, 14 Nov 2008 21:51:00 -0800, Curly Surmudgeon
wrote:

On Fri, 14 Nov 2008 14:41:18 -0600, F.George wrote:

In less than 3 months, over 5 trillion dollars has been "injected"
into the market. The exact amount cannot be determined.

This is only the amount the US has committed to so far. Europe, Russia,
Germany, Japan and China just about sum that much by themselves.
--------------
Indeed, which again indicates this is not a *LIQUIDITY* problem, as it
would have been solved [several times over] by now if this was the case.

I again ask: "where did/does all this money go"

That's a secret:

Bloomberg Sues Fed to Force Disclosure of Collateral (Update1)

By Mark Pittman

Nov. 7 (Bloomberg) -- Bloomberg News asked a U.S. court today to force the
Federal Reserve to disclose securities the central bank is accepting on
behalf of American taxpayers as collateral for $1.5 trillion of loans to
banks.

The lawsuit is based on the U.S. Freedom of Information Act, which
requires federal agencies to make government documents available to the
press and the public, according to the complaint. The suit, filed in New
York, doesn't seek money damages.

``The American taxpayer is entitled to know the risks, costs and
methodology associated with the unprecedented government bailout of the
U.S. financial industry,'' said Matthew Winkler, the editor-in-chief of
Bloomberg News, a unit of New York-based Bloomberg LP, in an e-mail.

The Fed has lent $1.5 trillion to banks, including Citigroup Inc. and
Goldman Sachs Group Inc., through programs such as its discount window,
the Primary Dealer Credit Facility and the Term Securities Lending
Facility. Collateral is an asset pledged to a lender in the event that a
loan payment isn't made.

The Fed made the loans under 11 programs in response to the biggest
financial crisis since the Great Depression. The total doesn't include an
additional $700 billion approved by Congress in a bailout package.

Fed's Position

Bloomberg News on May 21 asked the Fed to provide data on the collateral
posted between April 4 and May 20. The central bank said on June 19 that
it needed until July 3 to search out the documents and determine whether
it would make them public. Bloomberg never received a formal response that
would enable it to file an appeal. On Oct. 25, Bloomberg filed another
request and has yet to receive a reply.

The Fed staff planned to recommend that Bloomberg's request be denied
under an exemption protecting ``confidential commercial information,''
according to Alison Thro, the Fed's FOIA Service Center senior counsel.
The Fed in Washington has about 30 pages pertaining to the request, Thro
said today before the filing of the suit. The bulk of the documents
Bloomberg sought are at the Federal Reserve Bank of New York, which she
said isn't subject to the freedom of information law.

``This type of information is considered highly sensitive, and it would
remain so for some time in the future,'' Thro said.

The Fed didn't give Bloomberg a formal response because ``it got caught in
the vortex of the things going on here,'' said Michael O'Rourke, another
member of the Fed's FOIA staff.

Thro declined to comment on the lawsuit.

The case is Bloomberg LP v. Federal Reserve, U.S. District Court, Southern
District of New York (Manhattan).

http://www.bloomberg.com/apps/news?p...d=ajph7rjBl1ow

and "where did all the
money go [and come from] that was involved in the oil, metal and
commodities (food) bubbles?"

There is something far more rotten and systemic that a simple cash flow
problem at work here.

Agreed, and it's unlikely we'll know in time to take any action. That's
been the pattern of Bush/Cheney all along, to commit crimes and atrocities
faster than regulators, patriots, or regulators can react moving on to
fresh atrocities keeping opposition floundering with yesterday's crimes.

Unka' George [George McDuffee]
------------------------------------------- He that will not apply new
remedies,
must expect new evils:
for Time is the greatest innovator: and if Time, of course, alter things
to the worse, and wisdom and counsel shall not alter them to the better,
what shall be the end?

Francis Bacon (1561-1626), English philosopher, essayist, statesman.
Essays, "Of Innovations" (1597-1625).

--
Regards, Curly
------------------------------------------------------------------------------
RIP -- Robert Lee Burnside 11/23/26 - 9/1/05
------------------------------------------------------------------------------




.................................................. ...............
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On Sat, 15 Nov 2008 05:09:39 -0800, rand mair fheal wrote:

In article
,
wrote:

Cliff is not confused. Curly is not confused. They know how it
works...

and choose to lie about it.

They are part of the disinformation assault on America.

actually the confusion is all yours

He's not confused, he's lying.

congress authorizes spending
but its the president that actually does the spending

so any complaint about spending all goes to shrub until 20 jan 2009 - end
of an error

arf meow arf - cats and dogs living together - who ya goin call its the
end of the world as you know it - filler text goes here this is how the
world ends - not with a whimper but with a bang this is how the world ends
- not with a whimper but with a bang

--
Regards, Curly
------------------------------------------------------------------------------
Now it's time for War Crime Trials at the Hague for Bush/Cheney
------------------------------------------------------------------------------




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