"The FED is undercapitalized in the way that Citigroup is undercapitalized"

Stick all your provocative and controversial topics here. Then stick them up your ass, you fascist Nazi!
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annarborgator
Posts: 8886
Joined: Sun Jun 17, 2007 5:48 pm

"The FED is undercapitalized in the way that Citigroup is undercapitalized"

Post by annarborgator »

And we let these fucks control our money with virtually zero oversight? Video at the link.

http://www.cnbc.com/id/15840232?video=1147744592&play=1
I've never met a retarded person who wasn't smiling.
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annarborgator
Posts: 8886
Joined: Sun Jun 17, 2007 5:48 pm

"The FED is undercapitalized in the way that Citigroup is undercapitalized"

Post by annarborgator »

Another choice quote from the vid:

“There are no bad bonds, just bad prices. Treasuries at 2% were a toxic asset.”
I've never met a retarded person who wasn't smiling.
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