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Pro Publica's piece into The Fed's post collapse investigation of Goldman Sachs. Lengthy, but a good profile of both organizations' disingenuous culture...

http://www.propublica.org/article/carme ... w-york-fed

(Hippie, this is for you. Don't just knod your head in agreement.)

travelinman67 wrote:Pro Publica's piece into The Fed's post collapse investigation of Goldman Sachs. Lengthy, but a good profile of both organizations' disingenuous culture...

http://www.propublica.org/article/carme ... w-york-fed

(Hippie, this is for you. Don't just knod your head in agreement.)

What a cock knodder.

travelinman67 wrote:Pro Publica's piece into The Fed's post collapse investigation of Goldman Sachs. Lengthy, but a good profile of both organizations' disingenuous culture...

http://www.propublica.org/article/carme ... w-york-fed

(Hippie, this is for you. Don't just knod your head in agreement.)

You know I HATE our Federal Reserve System...
And it just pisses me off and frustrates me to read about it

The largest criminal organization in America = The Fed

Chizzang wrote:

travelinman67 wrote:Pro Publica's piece into The Fed's post collapse investigation of Goldman Sachs. Lengthy, but a good profile of both organizations' disingenuous culture...

http://www.propublica.org/article/carme ... w-york-fed

(Hippie, this is for you. Don't just knod your head in agreement.)

You know I HATE our Federal Reserve System...
And it just pisses me off and frustrates me to read about it

The largest criminal organization in America = The Fed

Agreed. The impression I received was GS runs the show. While all eyes are on the Fed, NY Fed is busy covering GS shenanigans/scams, and GS doesn't hesitate to wield its muscle against perceived critics.

travelinman67 wrote:Pro Publica's piece into The Fed's post collapse investigation of Goldman Sachs. Lengthy, but a good profile of both organizations' disingenuous culture...

http://www.propublica.org/article/carme ... w-york-fed

(Hippie, this is for you. Don't just knod your head in agreement.)

Kno kneed to knod.

travelinman67 wrote:

Chizzang wrote:
You know I HATE our Federal Reserve System...
And it just pisses me off and frustrates me to read about it

The largest criminal organization in America = The Fed

Agreed. The impression I received was GS runs the show. While all eyes are on the Fed, NY Fed is busy covering GS shenanigans/scams, and GS doesn't hesitate to wield its muscle against perceived critics.

The game is utterly and completely rigged. This is Obama and Holders biggest indictment. You knew it was fucked as soon as NY Fed chief Geithner was appointed.

BTW, you guys ever hear of some dude name Matt Taibbi?

Chizzang wrote:

travelinman67 wrote:Pro Publica's piece into The Fed's post collapse investigation of Goldman Sachs. Lengthy, but a good profile of both organizations' disingenuous culture...

http://www.propublica.org/article/carme ... w-york-fed

(Hippie, this is for you. Don't just knod your head in agreement.)

You know I HATE our Federal Reserve System...
And it just pisses me off and frustrates me to read about it

The largest criminal organization in America = The Fed

Gramps, you sound like Ron Paul!

This isn't news. I used to work in the St. Louis Fed, Treasury Relations dept. There is no difference between the Fed, Treasury and Wall St. It's all one pseudo-governmental, pseudo-capitalist, pseudo-independent monstrosity.

CitadelGrad wrote:This isn't news. I used to work in the St. Louis Fed, Treasury Relations dept. There is no difference between the Fed, Treasury and Wall St. It's all one pseudo-governmental, pseudo-capitalist, pseudo-independent monstrosity.

This is almost identical to what "The Italian" (old flame from a few years back) told me...
She worked at the Fed in Boston for years and was in a state of complete shock most of the time

She once told me (after a few glasses of wine) The way the money moved and changed hands at the Fed would be illegal anywhere else in America - and finished it off with - "They see it as their money and they do with it whatever they want"

I will never forget that...

Chizzang wrote:

CitadelGrad wrote:This isn't news. I used to work in the St. Louis Fed, Treasury Relations dept. There is no difference between the Fed, Treasury and Wall St. It's all one pseudo-governmental, pseudo-capitalist, pseudo-independent monstrosity.

This is almost identical to what "The Italian" (old flame from a few years back) told me...
She worked at the Fed in Boston for years and was in a state of complete shock most of the time

She once told me (after a few glasses of wine) The way the money moved and changed hands at the Fed would be illegal anywhere else in America - and finished it off with - "They see it as their money and they do with it whatever they want"

I will never forget that...

I remember her. She was hot.

Anyway, most people don't realize that the Fed is independent and private, with no obligation to submit to oversight or even to divulge its financial statements or submit to an external independent audit. It's basically the Corleone family, but with the ability to print its own money in the basement.

Does it make any sense for the regulator of banks to be owned by the banks, even foreign banks? It's kind of like the Corleone's having judges, cops, district attorneys and reporters on the payroll.

They don't see it as their money. It is their money.

Chizzang wrote:

CitadelGrad wrote:This isn't news. I used to work in the St. Louis Fed, Treasury Relations dept. There is no difference between the Fed, Treasury and Wall St. It's all one pseudo-governmental, pseudo-capitalist, pseudo-independent monstrosity.

This is almost identical to what "The Italian" (old flame from a few years back) told me...
She worked at the Fed in Boston for years and was in a state of complete shock most of the time

She once told me (after a few glasses of wine) The way the money moved and changed hands at the Fed would be illegal anywhere else in America - and finished it off with - "They see it as their money and they do with it whatever they want"

I will never forget that...

you shouldn't put so much stock in what some split-tail you're banging tells you

they dont even know port from starboard ffs

CID1990 wrote:

Chizzang wrote:

This is almost identical to what "The Italian" (old flame from a few years back) told me...
She worked at the Fed in Boston for years and was in a state of complete shock most of the time

She once told me (after a few glasses of wine) The way the money moved and changed hands at the Fed would be illegal anywhere else in America - and finished it off with - "They see it as their money and they do with it whatever they want"

I will never forget that...

you shouldn't put so much stock in what some split-tail you're banging tells you

they dont even know port from starboard ffs

Mmm...
well after I divorced a model I changed tactics and went with smart ones
and this strategy has worked out really well

The Italian was spectacular
BTW: She just had a baby with some French guy - very cool -she seems to have recovered well from me leaving her in Boston with her biological clock ticking

Chizzang wrote:

CID1990 wrote:
you shouldn't put so much stock in what some split-tail you're banging tells you

they dont even know port from starboard ffs

Mmm...
well after I divorced a model I changed tactics and went with smart ones
and this strategy has worked out really well

The Italian was spectacular
BTW: She just had a baby with some French guy - very cool -she seems to have recovered well from me leaving her in Boston with her biological clock ticking

Im afraid to check on my past girlfriends

With all the lithum consumed by most of them (I attracted them like moths and I do not know why) I'm sure there's a dumpster diver or two in there and Id feel guilty

the human wreckage in my wake

I do not like the Federal Reserve system. If it was up to me, there would be no Federal Reserve.

However, I do not truth the voracity of the web site involved. Yes, that's ad hominem. But when you look at the "About Us" tab you see this Statement:

Our work focuses exclusively on truly important stories, stories with “moral force.” We do this by producing journalism that shines a light on exploitation of the weak by the strong and on the failures of those with power to vindicate the trust placed in them.

The underlined portion is a red flag to me indicating that this is not an objective news source. The people involved have an agenda. It's not just "we want to provide an objective, balanced view of the truth." At least that's what that says to me.

JohnStOnge wrote:I do not like the Federal Reserve system. If it was up to me, there would be no Federal Reserve.

However, I do not truth the voracity of the web site involved. Yes, that's ad hominem. But when you look at the "About Us" tab you see this Statement:

Our work focuses exclusively on truly important stories, stories with “moral force.” We do this by producing journalism that shines a light on exploitation of the weak by the strong and on the failures of those with power to vindicate the trust placed in them.

The underlined portion is a red flag to me indicating that this is not an objective news source. The people involved have an agenda. It's not just "we want to provide an objective, balanced view of the truth." At least that's what that says to me.

Pro Publica is unabashedly a liberal media organization. The topic, however, is Carmen Segarra's book about her investigation into GS and the NY Fed's response. Her book is currently being "discussed" by numerous mainstream news organizations including WSJ. I cited Pro Publica as their coverage appeared to be the most detailed.

Again, it's about her investigation and book, not the reviewing organization.

JohnStOnge wrote:I do not like the Federal Reserve system. If it was up to me, there would be no Federal Reserve.

However, I do not truth the voracity of the web site involved. Yes, that's ad hominem. But when you look at the "About Us" tab you see this Statement:

Our work focuses exclusively on truly important stories, stories with “moral force.” We do this by producing journalism that shines a light on exploitation of the weak by the strong and on the failures of those with power to vindicate the trust placed in them.

The underlined portion is a red flag to me indicating that this is not an objective news source. The people involved have an agenda. It's not just "we want to provide an objective, balanced view of the truth." At least that's what that says to me.

"Balance" in journalism isn't necessarily objective either.