oh and by the way....we floated Lybia $26,000,000,000

[KGB]

Not when I come here!!!!

What a cesspool.

 

[ElFenix]

government generated inflation is a tax. but adding money to the money supply is not necessarily inflationary.

 

[WhipperSnapper]

Maybe the $26 billion was intended as a subsidy to arms makers. That way Qaddafi could buy some more weapons and we could consume some of our ordinance bombing them out.

 

[LegendKiller]

It's just amazing to me how stupid people are about this whole thing.

1. Many foreign banks lend money to US companies, just as many US banks lend money to foreign companies. Do you think that Barclays doesn't lend to many US companies? Dexia and Depfa both lent to US companies.

2. Idiots like Zero Hedge are claiming that the banks tapped $1,000 because they were $1,000 away from failing. This is such epic failures that obviously these toolbags are 1 brain cell away from failing. The $1,000 was a TEST, even multiple tests aren't unheard of, just to keep the line open and ready.

3. Further, the same idiots on ZH, and other sites, are claiming that $15tr of loans are out. Little do these doofs realize that the vast majority of these were rolled repeatedly and have been paid off. There wasn't inflation because of this, it was emergency lending to keep the market liquid in the face of a crisis.

Ron Paul, of course, will go into a hissy over this. He'll get his throngs of drooling zombies to froth up in faux righteous indignation, all for what? Because they think they were "enlightened" by data they don't even have half the brain capacity to understand?

Please, if the posts from ZH are any indication, the US' education system is indeed failing.

 

[LegendKiller]

Maybe the $26 billion was intended as a subsidy to arms makers. That way Qaddafi could buy some more weapons and we could consume some of our ordinance bombing them out.

As noted before, our relationship with Libya was improving with their scrapping of the nuke program and the cessation of state-funded terrorism programs. Many thought Libya was reforming, especially in the hands of Qaddafi's son.

Did you really have that much of a problem with Libya back in 2008?

 

[dmcowen674]

It's just amazing to me how stupid people are about this whole thing.

1. Many foreign banks lend money to US companies, just as many US banks lend money to foreign companies.

No such thing as an American bank anymore

All the money is offshore

 

[LegendKiller]

No such thing as an American bank anymore

All the money is offshore

Kinda like your brain.

 

[Londo_Jowo]

Kinda like your brain.

I don't think his brain is offshore, it's more like his brain is out of this world.

I do enjoy the fact that 90% of his posts are ignored, the other 10% are so stupid a comment is required.

 

[Doc Savage Fan]

We make a questionable "loan" of $26B to a third world country in the midst of a civil war without batting an eye...then Dems bitch and moan that cutting $60B from the budget is "irresponsible" and essentially threaten to shut down our government...then hope to blame the Republicans for it. Go figure.

 

[IceBergSLiM]

WTF? The fed can just hand out billions without Congressional approval?

Haven't we been saying the banksters have been scamming us for years now? Are you really just coming to terms with this?

 

[IceBergSLiM]

We make a questionable "loan" of $26B to a third world country in the midst of a civil war without batting an eye...then Dems bitch and moan that cutting $60B from the budget is "irresponsible" and threaten to shut down our government...then hope to blame the Republicans for it. Go figure.

Well your confusing congress with the private banking cartel that is the Fed. They aren't the same. Fed has congress in its pocket not the other way around.

 

[IceBergSLiM]

It's just amazing to me how stupid people are about this whole thing.

1. Many foreign banks lend money to US companies, just as many US banks lend money to foreign companies. Do you think that Barclays doesn't lend to many US companies? Dexia and Depfa both lent to US companies.

2. Idiots like Zero Hedge are claiming that the banks tapped $1,000 because they were $1,000 away from failing. This is such epic failures that obviously these toolbags are 1 brain cell away from failing. The $1,000 was a TEST, even multiple tests aren't unheard of, just to keep the line open and ready.

3. Further, the same idiots on ZH, and other sites, are claiming that $15tr of loans are out. Little do these doofs realize that the vast majority of these were rolled repeatedly and have been paid off. There wasn't inflation because of this, it was emergency lending to keep the market liquid in the face of a crisis.

Ron Paul, of course, will go into a hissy over this. He'll get his throngs of drooling zombies to froth up in faux righteous indignation, all for what? Because they think they were "enlightened" by data they don't even have half the brain capacity to understand?

Please, if the posts from ZH are any indication, the US' education system is indeed failing.

yes we are so stupid. We must trust and obey our bankster masters. They know whats best for us.

 

[Doc Savage Fan]

Well your confusing congress with the private banking cartel that is the Fed. They aren't the same. Fed has congress in its pocket not the other way around.

I'm not confusing anything here...when I used the word "we" I was refering to our country in general. I find it ironical that one hand of our country freely "loans" out billions to other countries...while the other hand has a conniption when asked to save a dime for our country.

 

[AMCRambler]

Joke's on them. We didn't really have the money anyway.

 

[airdata]

They probably consider it an investment in future conflicts. gotta spend money to make money. Those $100k+ cruise missiles don't build themselves ya know!

P.S.

AMERICA! F*** YEAH!

 

[LegendKiller]

We make a questionable "loan" of $26B to a third world country in the midst of a civil war without batting an eye...then Dems bitch and moan that cutting $60B from the budget is "irresponsible" and essentially threaten to shut down our government...then hope to blame the Republicans for it. Go figure.

I love how you didn't even read the OP, nor the actual monetary remittance. I guess my quote in your sig applies.