NY FED (The DUD) is the GUY that bought the Banks shitty assets and Now leaves it to someone else to dispose of them ..The only way that can happen is to write them down to what they will sell for and thats about 5 cents on the Dollar .Mission Complete….The Banks are saved ! NOW …The Fed will need a bail out ! Its Balance sheet aint worth the paper its written on..Its a good time to END THE FED…! Its Bankrupt….Dont even think about re-Capitalizing it LIKE a GREEK BANK with Taxpayer guarantees ….from Germany ..The Chinese dont need to run the FED ..They got their own problems…..
No Comments
No comments yet.
RSS feed for comments on this post.
Sorry, the comment form is closed at this time.