TurboTax Timmie

Still Wondering If The Federal Reserve Should Be Abolished?

On Wednesday, TurboTax Timmie and his crew are going to unveil the new financial regulation reforms that they have been talking about since he was installed as Treasury Secretary by the 111th Congress. If, after reading the next two stories, you still think the Federal Reserve should not be abolished for being the #1 instigator in our economic woes, then I pity you and your declining standard of living. Plan extends Fed's power over companies The Federal Reserve, already arguably the most powerful agency in the U.S. government, will get sweeping new authority to regulate any company whose failure could…
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Want To Control A Country? Control The Money

Do you remember when TurboTax Timmie as president of the NY Federal Reserve brokered the original AIG deal of $85 Billion, the sale of Bear Stearns,  and allowed Lehman Bros to fail?  Since that time, AIG has sucked $182 Billion out of our wallets with somewhere between $62 Billion and $90 Billion going to foreign banks. TTTimmie now wants to be able to seize any large company, and control the flow of money even more, with control being split between the Treasury,  the Federal Reserve, and Congress; the institutions that appear to be the three founders of the current economic…
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The Continuing AIG Saga

Remember when TARP 1 was supposed to be used to ease the credit crunch and free up money for small businesses?  Remember when AIG was considered too big to fail? Now that $186 Billion Dollar Fiasco continues. A timeline is in order, and I ask that you read this until you understand it. It is time to stop skimming and skipping.  What is happening to our country is going on because we have told ourselves that the economic aspects of our lives are just too damn complex to understand.  We have allowed people outside ourselves to brainwash us into thinking…
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