Thursday, August 27, 2009

IS THIS THE SYSTEM THE AMERICAN PEOPLE DESERVE?

By Tyler Durden

Created 08/27/2009 - 10:35

>>>And so the guns come out blazing. The Clearing House Association, another name for all the banks that were bailed out over the past year with the generous contributions from all of you, dear taxpayers, are now threatening with another instance of complete systemic collapse if Bloomberg's lawsuit is allowed to proceed unchallenged, let alone if any of the "Audit The Fed"
measures are actually implemented.

As a reminder, The Clearing House Association consists of ABN Amro, Bank Of America, The Bank Of New York, Deutsche Bank, HSBC, JP Morgan Chase, US Bank and Wells Fargo.
In a declaration filed in the Bloomberg Case (08-CV-9595, Southern District of New York), the banks demonstrate no shame in attempting to perpetuate the status quo with regard to the Federal Reserve and demand that the wool over the eyes of the general population remain firmly planted in perpetuity. >>>

LINK to story:
http://www.zerohedge.com/print/17838
LINK to filing:
http://www.zerohedge.com/sites/default/files/Clearinghouse_Decl.pdf

2 comments:

Anonymous said...

DELL rally tomorrow, you loose again! Be a bit more flexable and you will be in the $$$

D said...

WOW, DELL up 2.8%, didnt want to miss that....easy money already made IMHO

Has nothing to do with fleable, you are confusing any "trading" I might do with my fundamental analysis, brother Im with you, PLAY THE GAME....but most will have trouble with musical chair game...when it ends.