Never said anything you are claiming. Can you tell me there is no influence on international news sources either? You are just claiming the source is no good without providing any facts.
If there is bias in one news story, there is bias in all?
You've failed to do anything other than arouse suspicion. Present some facts instead of conspiracy theories and people might take you seriously.
I don't have a horse in this, btw - I just find the lack of facts in this thread alarming. Fools making wild claims don't help.
I gave a bunch of facts. I have first-hand knowledge of these programs as I saw a few of them in action. One, CPFF, was vital in keeping financing lines open to a myriad of businesses when the money market, specifically for ABCP, had collapsed because of SIV/SecArbs. The Fed was providing short-term loans to ABCP conduits to keep financing the companies in the conduits.
The companies in the conduits are auto lenders, fleet leasing companies, small business leasing companies, equipment leasing companies, trade receivables for short-term manufacturer/service provider trade terms...etc. Back then the true client-based ABCP market was ~500bn. CPFF provided several loans for this market on a rolling basis to participants, rolling the CP several times, adding up to trillions in cumulative loans while there was actually only a fraction of that going at any given time.
Had this market not been able to function all of these businesses, hundreds of them, would have trickled down to thousands of other businesses, creating significant headwind for the economy.
Sure, there was BS involved with SIVs and SecArbs, but there was actually a lot of good business client-driven financing facilities that were harmed as a secondary effect.