Blogs about: Socialized Banking

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United States Treasury promises to pay the Fed for Bear Stearns losses

This is us folks.  The US government, i.e. taxpayers, guarantees the NY Federal Reserve loan of $29,000,000,000 to JPMorgan/Bear Stearns.  Call and write your congressional representatives if you di… more →

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United States Treasury promises to pay the Fed for Bear Stearns losses — 1 comment

amyacheson wrote 5 months ago: This is us folks.  The US government, i.e. taxpayers, guarantees the NY Federal Reserve loan of $29 … more →

Tags: fiscal burden, Ben Bernanke, bernanke, FED, federal reserve, investment bankers, Investment Banking, Nationalization, economic elite

Socializing home mortgages -- are we all to be Section 8 now? — 1 comment

amyacheson wrote 6 months ago: Via John Crudele at the NY Post, serious consideration is being given to Bove’s idea:  give h … more →

Tags: Debt Slavery, decline home price, Deflation, FED, fiscal stimulus, foreclosed, foreclosure, house prices, Housing bubble


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