RIP School Survival Forums
August 2001 - June 2017

The School Survival Forums are permanently retired. If you need help with quitting school, unsupportive parents or anything else, there is a list of resources on the Help Page.

If you want to write about your experiences in school, you can write on our blog.

To everyone who joined these forums at some point, and got discouraged by the negativity and left after a while (or even got literally scared off): I'm sorry.

I wasn't good enough at encouraging people to be kinder, and removing people who refuse to be kind. Encouraging people is hard, and removing people creates conflict, and I hate conflict... so that's why I wasn't better at it.

I was a very, very sensitive teen. The atmosphere of this forum as it is now, if it had existed in 1996, would probably have upset me far more than it would have helped.

I can handle quite a lot of negativity and even abuse now, but that isn't the point. I want to help people. I want to help the people who need it the most, and I want to help people like the 1996 version of me.

I'm still figuring out the best way to do that, but as it is now, these forums are doing more harm than good, and I can't keep running them.

Thank you to the few people who have tried to understand my point of view so far. I really, really appreciate you guys. You are beautiful people.

Everyone else: If after everything I've said so far, you still don't understand my motivations, I think it's unlikely that you will. We're just too different. Maybe someday in the future it might make sense, but until then, there's no point in arguing about it. I don't have the time or the energy for arguing anymore. I will focus my time and energy on people who support me, and those who need help.

-SoulRiser

The forums are mostly read-only and are in a maintenance/testing phase, before being permanently archived. Please use this time to get the contact details of people you'd like to keep in touch with. My contact details are here.

Please do not make a mirror copy of the forums in their current state - things will still change, and some people have requested to be able to edit or delete some of their personal info.


Post Reply 
 
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Feds Is Using Your Money To Bail Out European banks again
Author Message
HeartofShadows Offline
Fanatic

Posts: 8,557
Joined: Dec 2006
Thanks: 0
Given 80 thank(s) in 73 post(s)
Post: #1
Feds Is Using Your Money To Bail Out European banks again

Quote:For a moment, imagine that there is a privately-owned organization in the United States that can create U.S. dollars out of thin air whenever it wants and can loan that money to whoever it wants to. Imagine that this organization is able to act with the full power of the U.S. government behind it, but that nobody in the organization is ever elected by the American people, and that for all practical purposes the organization is not accountable to the president or to Congress. Imagine that the organization is able to make trillions of dollars of secret loans to banks, to foreign governments and even to their close friends without ever having to face a comprehensive audit. Does that sound preposterous? Well, such an organization actually exists. It is called the Federal Reserve, and today we found out that once again the Fed is going to be taking huge piles of your money and loaning it to commercial banks in Europe. The Congress cannot overrule this decision. Neither can Barack Obama. Because it has so much power, many refer to the Federal Reserve as "the fourth branch of government", but unlike the other three branches of government, there are basically no significant "checks and balances" on the Federal Reserve. If you don't like the fact that the Federal Reserve is racing in to help big foreign banks survive the European debt crisis that is just too bad. The Federal Reserve pretty much gets to do whatever it wants to do, and the folks over at the Fed simply do not care whether you like that or not.

It must be nice to do whatever you want without having to get the approval of anyone else.

What do you think Barack Obama would give for such power right about now?

The Federal Reserve and other major central banks around the world decided that lending big European banks gigantic piles of dollars would be a good idea, so they are just doing it.

No debate, no votes and no democracy - they just tell us how things are going to be and that is that.

It is a bit ironic that all of this happened on the third anniversary of the collapse of Lehman Brothers. It is almost as if the central bankers of the world are trying to send some sort of a message.

So how much money is going to be loaned out?

Well, according to an article in The Daily Mail, big European banks are going to be able to borrow an "unlimited" amount of money....

Wow - I wish someone would offer to lend me an "unlimited" amount of money.

But of course this really is not going to solve anything in the long run. You can't solve a raging debt problem with more debt.

Yes, it will help the big European banks with their short-term liquidity problems, but it will do nothing to fix the long-term structural problems that are tearing Europe to pieces.

So, no, the financial problems of Europe have not been solved.

Just think of this latest move as a temporary band-aid.

So why get upset about it?

Well, what all of this shows is just how arrogant the Federal Reserve is.

The Federal Reserve gets to throw around trillions of dollars without any accountability to the American people.

As I have written about previously, the Federal Reserve made $16.1 trillion in secret loans to their friends during the last financial crisis.

This was revealed in a GAO report, and members of Congress such as Ron Paul and Bernie Sanders tried to get people to pay attention to this. The following is a statement about this report that was taken from the official website of Senator Sanders....

So how much of that money went overseas? Well, it turns out that approximately $3.08 trillion of that money was loaned to big banks and major financial institutions in Europe and Asia.

Barack Obama can't lend trillions of dollars to foreign banks.

So why does the Federal Reserve get to do it?

Sadly, most Americans know very little about the Federal Reserve. In the United States today, most Americans graduate from high school without ever learning much of anything about the Fed.

But if you really want to understand what is going on with our economy, it is absolutely critical that you understand the Federal Reserve.

The following are some more reasons why you should be upset about what the Federal Reserve has been doing....

*The Federal Reserve is a perpetual debt machine. Today, the U.S. national debt is 4700 times larger than it was when the Federal Reserve was created back in 1913.

*The Federal Reserve has recently been actually paying banks not to make loans. Right now banks can park money at the Federal Reserve and make risk-free income without having to make loans to the American people.

*Current Federal Reserve Chairman Ben Bernanke has a track record of failure that is legendary, and yet George W. Bush and Barack Obama both backed him 100%.

*The Federal Reserve system is designed to create inflation. The truth is that the United States has only had a persistent, ongoing problem with inflation since the Federal Reserve was created back in 1913.

*Since 2008, what the Federal Reserve has been doing to our money supply has been absolutely insane. Eventually this is going to have very serious consequences for us.

*The U.S. government has handed over the task of "centrally planning" our economy to the Federal Reserve. The Fed decides what the target rate of inflation should be, what the target rate of unemployment should be, what interest rates are going to be and what the size of the money supply is going to be. This is quite similar to the "central planning" that goes on in communist nations, but very few people in our government seem upset by this.

*The Federal Reserve picks "winners" and "losers" in the financial system. For example, when the last financial crisis hit, the Fed bent over backwards to help out the big Wall Street banks, but hordes of small banks were left out in the cold.

*As mentioned above, the Federal Reserve has become way, way too powerful. The Fed is able to do a lot of things that the three branches of government are simply not able to do. Fortunately, there are a few of our leaders that are alarmed by this. For example, Ron Paul once told MSNBC that he believes that the Federal Reserve is now more powerful than Congress.....

As long as we continue to use a debt-based currency that is controlled by a privately-owned central bank, we are going to continue to have permanent inflation and government debt that expands at an exponential pace.

The "central planning" done by the Federal Reserve has created bubble after bubble after bubble. Our dollars is on the verge of dying and our financial system is about to collapse.

The Federal Reserve system simply does not work.

Hopefully we can start sending more politicians to Washington D.C. that will be willing to stand up to the Federal Reserve.

But for now, the Federal Reserve is going to keep running around doing whatever it wants to do whether we like it or not.

Quote:http://theeconomiccollapseblog.com/archi...once-again

[Image: WARZONES_subs_hostility.png]
image hosting jpg
09-17-2011 05:21 AM
Find all posts by this user Quote this message in a reply
HeartofShadows Offline
Fanatic

Posts: 8,557
Joined: Dec 2006
Thanks: 0
Given 80 thank(s) in 73 post(s)
Post: #2
Re: Feds Is Using Your Money To Bail Out European banks again

I tell ya 3 trillion dollars.
Now this is a shame.

[Image: WARZONES_subs_hostility.png]
image hosting jpg
09-17-2011 05:21 AM
Find all posts by this user Quote this message in a reply
Faby Offline
work in progress

Posts: 3,446
Joined: Mar 2008
Thanks: 3
Given 61 thank(s) in 45 post(s)
Post: #3
Re: Feds Is Using Your Money To Bail Out European banks again

What's with all the European hate all of a sudden?

Let go of all desire for the common good, and the good becomes common as grass.

~~

Good fortune follows upon disaster;
Disaster lurks within good fortune;
Who can say how things will end?
Perhaps there is no end.
09-17-2011 05:26 AM
Find all posts by this user Quote this message in a reply
HeartofShadows Offline
Fanatic

Posts: 8,557
Joined: Dec 2006
Thanks: 0
Given 80 thank(s) in 73 post(s)
Post: #4
Re: Feds Is Using Your Money To Bail Out European banks again

I don't hate the europeans man its just news involves them.
The first one was more or less the euro tanking and how it was gonna effect all around them.

Now back on topic..

Today we found out that once again the Fed is going to be taking huge piles of your money and loaning it to commercial banks in Europe. And guess who the commercial banks in Europe will loan this free money to?
They will loan this free money to the US government.
So We The People (suckers) will bail out Europe by paying the interest on these loans to the US government.
As a bonus, President Obama will get his debt based jobs creation program funded.

[Image: WARZONES_subs_hostility.png]
image hosting jpg
09-17-2011 05:29 AM
Find all posts by this user Quote this message in a reply
jnkbortka Offline
Crazy Redneck

Posts: 154
Joined: May 2011
Thanks: 0
Given 1 thank(s) in 1 post(s)
Post: #5
Re: Feds Is Using Your Money To Bail Out European banks again

Faby Wrote:What's with all the European hate all of a sudden?

its not hate. we just don't want to give them money when we are already $14 trillion in debt. and you know I'm surprised this didn't come sooner considering everything in europe is government subsidized.
09-18-2011 10:45 AM
Visit this user's website Find all posts by this user Quote this message in a reply
Leon Kinotolian Offline
Admincat

Posts: 1,880
Joined: Mar 2009
Thanks: 0
Given 11 thank(s) in 9 post(s)
Post: #6
Re: Feds Is Using Your Money To Bail Out European banks again

Why the fuck are we using money we don't even have to bail out another CONTINENT? Jesus fuck, America. I am ashamed of you.

*Tentaclerape*
Hidden stuff:
The Desert Fox Wrote:
Rebelnerd Wrote:Avatar was an inside job.
For $9.11 I'll give you an inside job.
Raikuron Wrote:Okay. I fail. DISREGARD THAT EVERYONE, I SUCK COCKS!
BaronVonStrangle Wrote:fox you should take everything mystery says with a pinch of salt

and by pinch of salt i actually mean you need to build a fucking salt processing plant so you have enough salt to dispell the bullshit
09-18-2011 01:18 PM
Visit this user's website Find all posts by this user Quote this message in a reply
Miller0700 Offline
Here to save you.

Posts: 3,405
Joined: Oct 2010
Thanks: 64
Given 137 thank(s) in 84 post(s)
Post: #7
Re: Feds Is Using Your Money To Bail Out European banks again

Leon Kinotolian Wrote:Why the fuck are we using money we don't even have to bail out another CONTINENT? Jesus fuck, America. I am ashamed of you.

We bailout every country and every business and we wonder why we're still in debt.

Previously known as Derchin.
09-18-2011 01:30 PM
Find all posts by this user Quote this message in a reply
gore goroth Offline
trollface abbath

Posts: 2,439
Joined: May 2011
Thanks: 4
Given 74 thank(s) in 52 post(s)
Post: #8
Re: Feds Is Using Your Money To Bail Out European banks again

Is there even a limit to how far in debt America can go? Is there ever goin to be a point where our government tries to spend money but "sorry you can't afford that".

[Image: 1127%20-%20animated_gif%20crazy_frog%20d...mortal.gif]
09-18-2011 01:32 PM
Find all posts by this user Quote this message in a reply
Phrozen_Soul Offline
From Now Until Velociraptor

Posts: 730
Joined: May 2011
Thanks: 0
Given 4 thank(s) in 4 post(s)
Post: #9
Re: Feds Is Using Your Money To Bail Out European banks again

gore goroth Wrote:Is there even a limit to how far in debt America can go? Is there ever goin to be a point where our government tries to spend money but "sorry you can't afford that".

The "Debt Ceiling". If we reach it however, instead of cutting off money to bailouts, we cut off services to hospitals, parks, all that important shit.

so congress makes a big deal to raise the debt ceiling. While no one does anything to curb the spending.

"Ask them no more questions, never hear them lying"

People say the problem with me is I have psychotic tendencies and care not about other human beings I don't like and or know. So?
09-18-2011 11:41 PM
Find all posts by this user Quote this message in a reply
gore goroth Offline
trollface abbath

Posts: 2,439
Joined: May 2011
Thanks: 4
Given 74 thank(s) in 52 post(s)
Post: #10
Re: Feds Is Using Your Money To Bail Out European banks again

$9,294,565,628,013,597,351,065,059,285,842,695,987,245,847,962,049,832,601,200,0​09,185,386,319,565,099,992,475,284,684,382,056,183,999,375,012,845,928,384,109,3​89,591,090,092,099,111,204,599,283,475,123,845,391,847,634,923.92
^ ^
Debt Ceiling.

[Image: 1127%20-%20animated_gif%20crazy_frog%20d...mortal.gif]
09-20-2011 03:04 AM
Find all posts by this user Quote this message in a reply
Absnt Offline
Fanatic

Posts: 6,075
Joined: Dec 2009
Thanks: 13
Given 184 thank(s) in 127 post(s)
Post: #11
Re: Feds Is Using Your Money To Bail Out European banks again

Phrozen_Soul Wrote:
gore goroth Wrote:Is there even a limit to how far in debt America can go? Is there ever goin to be a point where our government tries to spend money but "sorry you can't afford that".

The "Debt Ceiling". If we reach it however, instead of cutting off money to bailouts, we cut off services to hospitals, parks, all that important shit.

so congress makes a big deal to raise the debt ceiling. While no one does anything to curb the spending.

This, but there's more.

Yes, there WILL inevitably be a day when we literally cannot spend any more. How? We can just print money, right? No.
What will happen is the american dollar will loose all of it's value. You could have a truckload of hundred dollar bills, and
at some point someone in europe is going to say "Fuck no, I wouldn't even give you a hundred bucks for all that, I'm going
to go get the Chinese money instead." We're fucking ourselves. Our dollar is going to be worthless sooner or later, then
the Chinese will be the ones everyone is looking to for money.

Blog I post to now:
http://blog.darknedgy.net

Edfreedom.org -- An organization for more freedom in education.
http://www.edfreedom.org/join-us/
09-20-2011 06:10 AM
Visit this user's website Find all posts by this user Quote this message in a reply
HeartofShadows Offline
Fanatic

Posts: 8,557
Joined: Dec 2006
Thanks: 0
Given 80 thank(s) in 73 post(s)
Post: #12
Re: Feds Is Using Your Money To Bail Out European banks again

Absentinsomniac Wrote:We're fucking ourselves. Our dollar is going to be worthless sooner or later, then
the Chinese will be the ones everyone is looking to for money.

Yeah and going by Jefferson's speech I would say we are through some of the point where corporations and banks are depriving us of our property and next generation it'll be everybody on the street.

[Image: WARZONES_subs_hostility.png]
image hosting jpg
09-20-2011 10:17 AM
Find all posts by this user Quote this message in a reply
jnkbortka Offline
Crazy Redneck

Posts: 154
Joined: May 2011
Thanks: 0
Given 1 thank(s) in 1 post(s)
Post: #13
RE: Feds Is Using Your Money To Bail Out European banks again

(09-20-2011 06:10 AM)Absentinsomniac Wrote:  We're fucking ourselves. Our dollar is going to be worthless sooner or later, then
the Chinese will be the ones everyone is looking to for money.

and the chinese are gonna tell them to fuck off LOL
11-02-2011 09:29 AM
Visit this user's website Find all posts by this user Quote this message in a reply
Efs Offline
Fanatic

Posts: 3,981
Joined: Mar 2010
Thanks: 2
Given 101 thank(s) in 70 post(s)
Post: #14
RE: Feds Is Using Your Money To Bail Out European banks again

I'm a Greek and I'm seriously can't stop ROFLing at you guys. GREECE ECONOMY FOR THE WIN!

(01-10-2012 02:15 PM)Maelstrom Wrote:  Efs, your nihilism is beautiful.
11-02-2011 07:58 PM
Find all posts by this user Quote this message in a reply
Absnt Offline
Fanatic

Posts: 6,075
Joined: Dec 2009
Thanks: 13
Given 184 thank(s) in 127 post(s)
Post: #15
RE: Feds Is Using Your Money To Bail Out European banks again

Yeah, nice economy you got there:

http://www.zimbabwemetro.com/?p=29870

Blog I post to now:
http://blog.darknedgy.net

Edfreedom.org -- An organization for more freedom in education.
http://www.edfreedom.org/join-us/
11-02-2011 10:56 PM
Visit this user's website Find all posts by this user Quote this message in a reply
UnschoolShqiponjë Offline
Fanatic

Posts: 3,622
Joined: May 2011
Thanks: 1
Given 221 thank(s) in 148 post(s)
Post: #16
RE: Feds Is Using Your Money To Bail Out European banks again

(09-20-2011 10:17 AM)HeartofShadows Wrote:  
Absentinsomniac Wrote:We're fucking ourselves. Our dollar is going to be worthless sooner or later, then
the Chinese will be the ones everyone is looking to for money.

Yeah and going by Jefferson's speech I would say we are through some of the point where corporations and banks are depriving us of our property and next generation it'll be everybody on the street with guns in their hands.

fix'd

Live until you die
[Image: Untitled-1.png]
11-03-2011 01:57 AM
Find all posts by this user Quote this message in a reply
HeartofShadows Offline
Fanatic

Posts: 8,557
Joined: Dec 2006
Thanks: 0
Given 80 thank(s) in 73 post(s)
Post: #17
RE: Feds Is Using Your Money To Bail Out European banks again

(11-03-2011 01:57 AM)UnschoolShqiponjë Wrote:  
(09-20-2011 10:17 AM)HeartofShadows Wrote:  
Absentinsomniac Wrote:We're fucking ourselves. Our dollar is going to be worthless sooner or later, then
the Chinese will be the ones everyone is looking to for money.

Yeah and going by Jefferson's speech I would say we are through some of the point where corporations and banks are depriving us of our property and next generation it'll be everybody on the street with guns in their hands.

fix'd

Thats if the next generation isn't dumb enough to hand their weapons over.
With the indoctrination going on in public schools I wouldn't be surprised.

[Image: WARZONES_subs_hostility.png]
image hosting jpg
11-03-2011 03:55 AM
Find all posts by this user Quote this message in a reply
Efs Offline
Fanatic

Posts: 3,981
Joined: Mar 2010
Thanks: 2
Given 101 thank(s) in 70 post(s)
Post: #18
RE: Feds Is Using Your Money To Bail Out European banks again

(11-02-2011 10:56 PM)Absentinsomniac Wrote:  Yeah, nice economy you got there:

http://www.zimbabwemetro.com/?p=29870

I was being sarcastic...

Modern Greece is fucked. The country is fucked. Because of America we have all these illegal immigrants, no money and a corrupt government.
I miss the Ancient Greeks, they achieved much more than the modern ones.

(01-10-2012 02:15 PM)Maelstrom Wrote:  Efs, your nihilism is beautiful.
11-03-2011 06:01 AM
Find all posts by this user Quote this message in a reply
Liquid Offline
poison - do not drink

Posts: 1,050
Joined: Aug 2007
Thanks: 0
Given 2 thank(s) in 2 post(s)
Post: #19
RE: Feds Is Using Your Money To Bail Out European banks again

America isn't much better though,,,

We're in deep in debt, and now that we're broke, jobless, and homeless, we borrow money so that we can give it away to other people.

//

[Image: techhoops5.jpg]
(This post was last modified: 11-03-2011 08:21 AM by Liquid.)
11-03-2011 08:21 AM
Find all posts by this user Quote this message in a reply
Post Reply 


Possibly Related Threads...
Thread: Author Replies: Views: Last Post
  Iran's banks to be blocked from global banking system HeartofShadows 1 1,100 03-17-2012 10:10 AM
Last Post: iexist
  Germany Wants New European Constitution: “There Are New Centers Of Power In The World HeartofShadows 1 1,027 03-13-2012 09:55 AM
Last Post: Aya
  Russia's Plan to Disrupt U.S.-European Relations Reptorian 1 1,535 12-24-2011 08:53 AM
Last Post: Reptorian
  Feds giving takedown notices to YouTube for "government criticism" LOON_ATTIC 8 2,524 12-08-2011 02:42 PM
Last Post: AWOL
  The Big Wall Street Banks Are Already Trying To Buy The 2012 Election HeartofShadows 5 2,482 10-20-2011 07:32 AM
Last Post: Absnt
  And So It Begins – The First Major European Bank Has Been Bailed Out HeartofShadows 8 3,094 10-11-2011 11:38 AM
Last Post: Absnt
  European police on alert for Wikileaks founder HeartofShadows 12 1,981 12-03-2010 01:45 AM
Last Post: aaaaaaasd

Forum Jump:


User(s) browsing this thread: 1 Guest(s)

Contact Us | School Survival | Return to Top | Return to Content | Mobile Version | RSS Syndication