"Money" created out of thin air

[David Merrill]

I think Heidi and people understanding money v. debt currency is the biggest risk banks are facing today.

http://www.occ.treas.gov/fr/fedregister/69fr50293.pdf
final rule
http://friends-n-family-research.inf...l_rule_R4C.jpg
Refusal for cause in the federal register
http://www.treas.gov/press/releases/js1894.htm
Departure of John D. Hawke, Jr Comptroller of the Currency

(listen to attachment too)

And of course people aware of how new policies are implemented through the Federal Register...

So I think the Readers might believe me when I tell you that I have never said banks never fail or they never have risks.

Originally Posted by REDCLOUD

The banks has a real risk of loss based upon reserve requirements, set by the FED. If a bank makes loans upon which enough borrows default and the banks reserves drop below the required minimum, the bank fails, just like any business.

That sounds realistic enough for me. In fact I have been keeping abreast of the alternative to the final rule - The Basel II Accord.

http://www.federalreserve.gov/boardd...04/default.htm

I just want Readers to understand Bill has not only spun Heidi's inquiry about risk, he has grouped me into the presumed believable spin he applied to Heidi's question.


Regards,

David Merrill.

[Bill Smith]

No spin about it. Heidi has been asked four or five times now why the 1,800 banks failed, and she has yet to come up with an answer.

[Ice]

hmmm... could it be because they made bad investments in the "credit economy" that they operate in? Frinstnce, "loans" that were defaulted on? And what about those banks that made all those loans to friends and family and didn't bother to collect "payments" on? (They had the power to make the paperwork right... it's only bookkeeping entries).

And let's not even talk about how evil feeds on itself and there must always be something like this to happen in order to keep the facade in place. Stuff like this is engineered all the time. Just like when you see a Judge actually get put out of office... they gotta have some fall by the wayside to keep their face in place.

Don't mind me... just amusing myself...

Ice

[weishaupt1776]

This has gone on for 26 pages.

THis is closed and there will be new rules in the next thread.
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