Fed Plans Regulations to Counter Bank Runs...wonder for whom? | |
Anonymous Coward (OP) User ID: 21833582 United States 11/23/2013 10:24 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 49086209 United States 11/23/2013 10:24 AM Report Abusive Post Report Copyright Violation | This is another capital control to keep money from escaping when the bail-ins begin... Quoting: Saddletramp :soon: Saddle, check out the second chart on this page. It looks like what you are talking about re BIS and Fed tapering happened from late 2007-2009. The Fed was actually selling Treasuries into the crisis! The Fed's holdings of Treasury debt peaked in August 2007 at $790 billion, and over the next 17 months the Fed sold off more than $300 billion of those holdings. That's right, in the middle of the worst liquidity crisis in decades, with banks folding and with Congress handing out tax rebates, the Fed was pulling liquidity OUT of the banking system. Of course Basel II kicked in I think in Novemrmber 2007. Shit! [link to www.mcoscillator.com] |
Anonymous Coward User ID: 46813305 United States 11/23/2013 10:25 AM Report Abusive Post Report Copyright Violation | Only 1 day after this: "China has announced that the time has come for it to stop stockpiling U.S. dollars. And if that does indeed turn out to be the case, than many U.S. analysts are suggesting that China could also soon stop buying any more U.S. debt. Needless to say, all of this would be very bad for the United States." [link to wallstreetsectorselector.com] "It isn't going to happen overnight, but the value of the U.S. dollar is going to start to go down, and all of that cheap stuff that you are used to buying at Wal-Mart and the dollar store is going to become a lot more expensive." [link to rt.com] Dollar cap: China limits world’s highest foreign currency reserves |
Anonymous Coward (OP) User ID: 21833582 United States 11/23/2013 10:26 AM Report Abusive Post Report Copyright Violation | Only 1 day after this: Quoting: ~~**lisa**~~ "China has announced that the time has come for it to stop stockpiling U.S. dollars. And if that does indeed turn out to be the case, than many U.S. analysts are suggesting that China could also soon stop buying any more U.S. debt. Needless to say, all of this would be very bad for the United States." [link to wallstreetsectorselector.com] "It isn't going to happen overnight, but the value of the U.S. dollar is going to start to go down, and all of that cheap stuff that you are used to buying at Wal-Mart and the dollar store is going to become a lot more expensive." [link to rt.com] Dollar cap: China limits world’s highest foreign currency reserves Definitely relevant. |
Anonymous Coward User ID: 19967955 United States 11/23/2013 10:30 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 19967955 United States 11/23/2013 10:35 AM Report Abusive Post Report Copyright Violation | |
Saddletramp
User ID: 739427 Puerto Rico 11/23/2013 10:35 AM Report Abusive Post Report Copyright Violation | This is another capital control to keep money from escaping when the bail-ins begin... Quoting: Saddletramp Saddle, check out the second chart on this page. It looks like what you are talking about re BIS and Fed tapering happened from late 2007-2009. The Fed was actually selling Treasuries into the crisis! The Fed's holdings of Treasury debt peaked in August 2007 at $790 billion, and over the next 17 months the Fed sold off more than $300 billion of those holdings. That's right, in the middle of the worst liquidity crisis in decades, with banks folding and with Congress handing out tax rebates, the Fed was pulling liquidity OUT of the banking system. Of course Basel II kicked in I think in Novemrmber 2007. Shit! [link to www.mcoscillator.com] Basel 2.5 (The mark to market rule that devalued Mortgage Backed Securities) hit the scene in 2007...when the Fed made their final ruling on what the rule really meant it was 2008, and the fire-sale in MBS began shortly thereafter. It's setting up exactly like all other financial crisis' set up and are triggered...Liquidity Crisis, Credit Disruption, then BOOM and DOOM!!! "And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius "Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..." "We don't rent pigs!" |
Anonymous Coward User ID: 19967955 United States 11/23/2013 10:37 AM Report Abusive Post Report Copyright Violation | Quoting: Anonymous Coward 19967955 TWITTER.COM this SOB out of office.... send the forbes.com link out on Twitter now to your federal representatives and senators... to their @Senator or @Rep accounts... and to the #Congressional Districts you live in so others can see the fire. TIME TO SEND EVERYWHERE!!! |
Saddletramp
User ID: 739427 Puerto Rico 11/23/2013 10:39 AM Report Abusive Post Report Copyright Violation | I have a distinct feeling they're about to pull the trigger on something. Too many tweaks being rushed through...too many Capital Controls for a "Free Society". I think this deal with Iran is about to set off the powder keg in the middle-east and the shit storm will begin shortly thereafter. "And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius "Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..." "We don't rent pigs!" |
Anonymous Coward User ID: 50456045 United States 11/23/2013 10:53 AM Report Abusive Post Report Copyright Violation | excuse me if I'm being ignorant, but I read this article. All I read was the recommendation for banks to have more capital on hand in case of bank runs. I saw no capital controls type policy recommendations with regards to depositors. Did I miss something? Quoting: mr_brightside74 Maybe that is all that they are saying. Certainly a valid point. But I do wonder what wasn't said, and discussing a bank run seems to be openly saying that it is a possibility. Personally, I think it is a probability. They have to TELL YOU, before they DO IT. |
Anonymous Coward (OP) User ID: 21833582 United States 11/23/2013 10:55 AM Report Abusive Post Report Copyright Violation | excuse me if I'm being ignorant, but I read this article. All I read was the recommendation for banks to have more capital on hand in case of bank runs. I saw no capital controls type policy recommendations with regards to depositors. Did I miss something? Quoting: mr_brightside74 Maybe that is all that they are saying. Certainly a valid point. But I do wonder what wasn't said, and discussing a bank run seems to be openly saying that it is a possibility. Personally, I think it is a probability. They have to TELL YOU, before they DO IT. Yes, I believe I've heard that before. |
Anonymous Coward User ID: 49086209 United States 11/23/2013 11:10 AM Report Abusive Post Report Copyright Violation | This is another capital control to keep money from escaping when the bail-ins begin... Quoting: Saddletramp :soon: Saddle, check out the second chart on this page. It looks like what you are talking about re BIS and Fed tapering happened from late 2007-2009. The Fed was actually selling Treasuries into the crisis! The Fed's holdings of Treasury debt peaked in August 2007 at $790 billion, and over the next 17 months the Fed sold off more than $300 billion of those holdings. That's right, in the middle of the worst liquidity crisis in decades, with banks folding and with Congress handing out tax rebates, the Fed was pulling liquidity OUT of the banking system. Of course Basel II kicked in I think in Novemrmber 2007. Shit! [link to www.mcoscillator.com] Basel 2.5 (The mark to market rule that devalued Mortgage Backed Securities) hit the scene in 2007...when the Fed made their final ruling on what the rule really meant it was 2008, and the fire-sale in MBS began shortly thereafter. It's setting up exactly like all other financial crisis' set up and are triggered...Liquidity Crisis, Credit Disruption, then BOOM and DOOM!!! Thank you Saddletramp so much for your insight into all this. I see things so much more clearly now and have been able to open the eyes of my family and friends thanks to you. |
Elsabiades..
User ID: 42263367 United States 11/23/2013 11:20 AM Report Abusive Post Report Copyright Violation | The United States Government exists to promote the interests of the billionaires; corporations and banks. The Dulles Brothers are proof positive of this assertion. While the Central government was created to be subservient to the rights of the people; a corrupt system has been evolving over the last 70 years which has, essentially, circumvented the Bill of Rights and flipped the purpose of our government UPSIDE DOWN. Elsabiades.. |
Saddletramp
User ID: 739427 Puerto Rico 11/23/2013 11:25 AM Report Abusive Post Report Copyright Violation | This is another capital control to keep money from escaping when the bail-ins begin... Quoting: Saddletramp Saddle, check out the second chart on this page. It looks like what you are talking about re BIS and Fed tapering happened from late 2007-2009. The Fed was actually selling Treasuries into the crisis! The Fed's holdings of Treasury debt peaked in August 2007 at $790 billion, and over the next 17 months the Fed sold off more than $300 billion of those holdings. That's right, in the middle of the worst liquidity crisis in decades, with banks folding and with Congress handing out tax rebates, the Fed was pulling liquidity OUT of the banking system. Of course Basel II kicked in I think in Novemrmber 2007. Shit! [link to www.mcoscillator.com] Basel 2.5 (The mark to market rule that devalued Mortgage Backed Securities) hit the scene in 2007...when the Fed made their final ruling on what the rule really meant it was 2008, and the fire-sale in MBS began shortly thereafter. It's setting up exactly like all other financial crisis' set up and are triggered...Liquidity Crisis, Credit Disruption, then BOOM and DOOM!!! Thank you Saddletramp so much for your insight into all this. I see things so much more clearly now and have been able to open the eyes of my family and friends thanks to you. "And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius "Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..." "We don't rent pigs!" |
Southern Norseman
User ID: 10848557 United States 11/23/2013 11:26 AM Report Abusive Post Report Copyright Violation | Gotta move slowly, otherwise the sheep will get jumpy and the wolf won't get its meal. Just another link in the chain being put into place. Last Edited by Southern Norseman on 11/23/2013 11:27 AM "Cattle die, kinsmen die; the self must also die. I know one thing which never dies: the reputation of each dead man." - Hávamál, st. 77 |
Saddletramp
User ID: 739427 Puerto Rico 11/23/2013 11:27 AM Report Abusive Post Report Copyright Violation | "We're just going to kill the dollar." ~ Senior Treasury Official [link to www.silverdoctors.com] "And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius "Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..." "We don't rent pigs!" |
Anonymous Coward User ID: 7509688 Djibouti 11/23/2013 11:30 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 21833582 United States 11/23/2013 11:36 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 50023044 United States 11/23/2013 11:37 AM Report Abusive Post Report Copyright Violation | |
Nikola Tesla
User ID: 48326183 United States 11/23/2013 12:20 PM Report Abusive Post Report Copyright Violation | This is another capital control to keep money from escaping when the bail-ins begin... Quoting: Saddletramp Soon, people will wake up one morning and discover that their checking, savings and or money market account has been pilfered. As an example you might find there is 70% of the total dollars that were previously in the accounts. The precedent has been set for this to take place. M.F. Global created the court case for legal precedence to be determined. And remember, the judge in that case ruled that M.F. Global had every right to dip into their depositors funds to keep the doors open temporarily staving off bankruptcy. Greece was a test run of the operation. However some of the Greek banks had to back off because they were stealing money from the Russian mob. A I recall a few special accommodations were made for large depositors of that particular type. Hard assets are great because they cannot debased or stolen. Land, precious metals etc. Tesla "One person with courage is a majority." - Thomas Jefferson "You’ve heard that we are what we eat. But we also are what we think". “Liberals claim to want to give a hearing to other views, but then are shocked and offended to discover that there are other views." -William F. Buckley Jr. |
dawnie
User ID: 46617826 United States 11/23/2013 12:24 PM Report Abusive Post Report Copyright Violation | I find it very rare to run into anyone in the "real world" that even is aware that such things are happening, much less wants to discuss them. They get a blank stare and usually move on to some issue that's on the television news. But these things are real, and they wouldn't be putting all these regulations, tracking, and limitations in place if there weren't a reason. Quoting: MoViNgOnUp So true, the majority still has faith in the system. Having some friends over tonight. Up until a few years ago, when I would get together with this group, politics and current events would eventually come up and we could discuss for hours. We all followed MSM and thought we were informed. Then I woke up. When those topics came up and I had a completely different perspective I'd get these strange looks! I tried convincing them for a while, but I've given up. We're playing board games tonight so hopefully we'll be able to avoid any controversial subjects! It'll be tough when there's so much going on. A flag flown upside down is a symbol of a country in distress. As a result of the many traitors and enemies inside our own government and the many unconstitutional acts, legislation and atrocities passed and/or committed against our lives, liberty and property, as well as a reckless foreign policy meant to enrich and empower an already wealthy group of 'elites' while wreaking havoc around the globe and committing atrocities against large numbers of innocent peoples in the name of 'spreading democracy', the United States is no longer a free country and the lives of its citizens as well as the lives of our brothers and sisters around the globe, are in dire danger and distress. |
PRCPTN
User ID: 38009342 United States 11/23/2013 01:15 PM Report Abusive Post Report Copyright Violation | I find it very rare to run into anyone in the "real world" that even is aware that such things are happening, much less wants to discuss them. They get a blank stare and usually move on to some issue that's on the television news. But these things are real, and they wouldn't be putting all these regulations, tracking, and limitations in place if there weren't a reason. Quoting: MoViNgOnUp |
romero318
User ID: 36246709 United States 11/23/2013 01:25 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 49621099 Mexico 11/23/2013 01:52 PM Report Abusive Post Report Copyright Violation | The United States Government exists to promote the interests of the billionaires; corporations and banks. The Dulles Brothers are proof positive of this assertion. While the Central government was created to be subservient to the rights of the people; a corrupt system has been evolving over the last 70 years which has, essentially, circumvented the Bill of Rights and flipped the purpose of our government UPSIDE DOWN. Quoting: Elsabiades.. Yes. Spot on. |
SteamrolledGobias
User ID: 46787476 United States 11/23/2013 01:56 PM Report Abusive Post Report Copyright Violation | Never forget folks, it was this administrations stated intention! Quoting: Saddletramp "We're just going to kill the dollar." ~ Senior Treasury Official [link to www.silverdoctors.com] what exactly do you mean by "credit disruption"? first you say liquidity can't be obtained... my assumption is for things like securities, investment vehicles, etc. so credit disruption would be taking creditors money to liquidate bad investments? just trying to understand your logic before the final boom Last Edited by SteamrolledGobias on 11/23/2013 01:57 PM |
Hypertiger
User ID: 48806246 Canada 11/23/2013 02:37 PM Report Abusive Post Report Copyright Violation | That is why the credit system was invented. banks take more power than they give to sustain their continued existence. constant inflation. when the demand for yield by all of you becomes greater than the yield you all supply. You transform from a fundable asset into an unfundable liability. and are liquidated one way or the other. either you will choose to self liquidate or you will try to resist your fate and will require assistance to be liquidated. It is no mystery except to the people that choose to worship ignorance as the path to salvation. You can see the yield starvation all around you. All the negatives that are showing up are a direct result of all your combined demand for yield from the system which is supplied by all of you. |
Hypertiger
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