Comments on: Fed Establishes New IMF Facility. Dollar Swap Lines with Brazil, South Korea, Mexico, and Singapore http://www.nakedcapitalism.com/2008/10/fed-establishes-new-imf-facility-dollar.html Sun, 22 Nov 2009 21:35:21 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: SilverDollar http://www.nakedcapitalism.com/2008/10/fed-establishes-new-imf-facility-dollar.html#comment-23770 SilverDollar Thu, 30 Oct 2008 14:28:00 +0000 http://www.nakedcapitalism.com/2008/10/fed-establishes-new-imf-facility-dollar-swap-lines-with-brazil-south-korea-mexico-and-singapore/#comment-23770 bendal,<br/><br/>Don't worry, Obama will take care of it ;-)<br/><br/>Get ready for the mother of all crashes in 2009! bendal,

Don’t worry, Obama will take care of it ;-)

Get ready for the mother of all crashes in 2009!

]]> By: Bendal http://www.nakedcapitalism.com/2008/10/fed-establishes-new-imf-facility-dollar.html#comment-23760 Bendal Thu, 30 Oct 2008 13:44:00 +0000 http://www.nakedcapitalism.com/2008/10/fed-establishes-new-imf-facility-dollar-swap-lines-with-brazil-south-korea-mexico-and-singapore/#comment-23760 Didn't Congress modify Bush's original Bailout Bill to include oversight and regulatory controls on what Paulson/Bernancke could do with OUR money?<br/><br/>Didn't they?<br/><br/>If they did, how come we're only hearing after it's been done about all these chunks of OUR money being flung at banks and (now) other countries like the feces that chimps throw at each other?<br/><br/>This is disgusting; first AiG gets handed billions of dollars but refuses to tell us what they're doing with it, then Paulson hands out hundreds of billions to banks for essentially no return or control, and NOW he's giving countries our money, and NO ONE is calling him on it! Didn’t Congress modify Bush’s original Bailout Bill to include oversight and regulatory controls on what Paulson/Bernancke could do with OUR money?

Didn’t they?

If they did, how come we’re only hearing after it’s been done about all these chunks of OUR money being flung at banks and (now) other countries like the feces that chimps throw at each other?

This is disgusting; first AiG gets handed billions of dollars but refuses to tell us what they’re doing with it, then Paulson hands out hundreds of billions to banks for essentially no return or control, and NOW he’s giving countries our money, and NO ONE is calling him on it!

]]> By: eh http://www.nakedcapitalism.com/2008/10/fed-establishes-new-imf-facility-dollar.html#comment-23744 eh Thu, 30 Oct 2008 10:50:00 +0000 http://www.nakedcapitalism.com/2008/10/fed-establishes-new-imf-facility-dollar-swap-lines-with-brazil-south-korea-mexico-and-singapore/#comment-23744 <i>... in fundamentally sound and well managed economies.</i><br/><br/>I guess they felt it necessary to include this. <br/><br/>BTW, does that include the US of A? … in fundamentally sound and well managed economies.

I guess they felt it necessary to include this.

BTW, does that include the US of A?

]]> By: Anonymous http://www.nakedcapitalism.com/2008/10/fed-establishes-new-imf-facility-dollar.html#comment-23704 Anonymous Thu, 30 Oct 2008 05:04:00 +0000 http://www.nakedcapitalism.com/2008/10/fed-establishes-new-imf-facility-dollar-swap-lines-with-brazil-south-korea-mexico-and-singapore/#comment-23704 Someone please explain! I thought the 700 billion was to help the US. What about the forclosures? What about my 401k. Why are we lending to other countries when our people need it! Someone please explain! I thought the 700 billion was to help the US. What about the forclosures? What about my 401k. Why are we lending to other countries when our people need it!

]]> By: Anonymous http://www.nakedcapitalism.com/2008/10/fed-establishes-new-imf-facility-dollar.html#comment-23677 Anonymous Wed, 29 Oct 2008 23:47:00 +0000 http://www.nakedcapitalism.com/2008/10/fed-establishes-new-imf-facility-dollar-swap-lines-with-brazil-south-korea-mexico-and-singapore/#comment-23677 The currency speculators can't wait until the swaps are returned in the mean time they pick on the US$ The currency speculators can’t wait until the swaps are returned in the mean time they pick on the US$

]]> By: Anonymous http://www.nakedcapitalism.com/2008/10/fed-establishes-new-imf-facility-dollar.html#comment-23673 Anonymous Wed, 29 Oct 2008 23:36:00 +0000 http://www.nakedcapitalism.com/2008/10/fed-establishes-new-imf-facility-dollar-swap-lines-with-brazil-south-korea-mexico-and-singapore/#comment-23673 Weimar!! Weimar!!

]]> By: patrick neid http://www.nakedcapitalism.com/2008/10/fed-establishes-new-imf-facility-dollar.html#comment-23670 patrick neid Wed, 29 Oct 2008 23:08:00 +0000 http://www.nakedcapitalism.com/2008/10/fed-establishes-new-imf-facility-dollar-swap-lines-with-brazil-south-korea-mexico-and-singapore/#comment-23670 Well here we are a month later. Back when this whole mess started I quipped that no plan was the best plan. After mocking Paulson's first plan I said plans d, e and f would be where the real fun starts.<br/>Here we are.<br/><br/>The Greenspan put now is worldwide. But there is no reason to get bored. There are a lot of plans to come before we get to Z!<br/><br/>We will get to Z. Well here we are a month later. Back when this whole mess started I quipped that no plan was the best plan. After mocking Paulson’s first plan I said plans d, e and f would be where the real fun starts.
Here we are.

The Greenspan put now is worldwide. But there is no reason to get bored. There are a lot of plans to come before we get to Z!

We will get to Z.

]]> By: juan http://www.nakedcapitalism.com/2008/10/fed-establishes-new-imf-facility-dollar.html#comment-23668 juan Wed, 29 Oct 2008 22:39:00 +0000 http://www.nakedcapitalism.com/2008/10/fed-establishes-new-imf-facility-dollar-swap-lines-with-brazil-south-korea-mexico-and-singapore/#comment-23668 so what are the fund's conditionalities to be this time?<br/><br/>anon, monetary authorities can't prevent, only mitigate and, over time, become less able to accomplish even that task, esp on a global scale. so what are the fund’s conditionalities to be this time?

anon, monetary authorities can’t prevent, only mitigate and, over time, become less able to accomplish even that task, esp on a global scale.

]]> By: Anonymous http://www.nakedcapitalism.com/2008/10/fed-establishes-new-imf-facility-dollar.html#comment-23665 Anonymous Wed, 29 Oct 2008 22:23:00 +0000 http://www.nakedcapitalism.com/2008/10/fed-establishes-new-imf-facility-dollar-swap-lines-with-brazil-south-korea-mexico-and-singapore/#comment-23665 A trillion here and a trillion there and pretty soon you're talking Banana republic. A trillion here and a trillion there and pretty soon you’re talking Banana republic.

]]> By: Anonymous http://www.nakedcapitalism.com/2008/10/fed-establishes-new-imf-facility-dollar.html#comment-23661 Anonymous Wed, 29 Oct 2008 21:10:00 +0000 http://www.nakedcapitalism.com/2008/10/fed-establishes-new-imf-facility-dollar-swap-lines-with-brazil-south-korea-mexico-and-singapore/#comment-23661 Bernake just wants to be the 'hero' who manages to prevent a recession, somehow. If his banker friends get rich in the process, well that's just a bonus. Bernake just wants to be the ‘hero’ who manages to prevent a recession, somehow. If his banker friends get rich in the process, well that’s just a bonus.

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