TOXIC ASSETS ARE NOT REAL!!! it is nothing more than good old direvatives, credit default swaps, subprime mortgage backed sucurities which are all scams!!! they were invented by the bankers to make a killing and they pulled the plug a while back. if you want a one world bank go apply at the IMF and wait for the one world currency too. then you have no rights or constitution. read up on these things. toxic assets are manipulated on the books and equal 1.5 quadrillion, so how do we pay that off, we don't and the big banks win!!!Originally Posted by Total_Blender
I thought that you "anti-federal reserve" folks were against the centralization of banking?
I see this as a good thing because it will protect consumers by keeping their checking and savings separate from toxic assets like subprime mortgages. And it keeps the FDIC out of involvement in such calamities as well. So if/when an AIG type company were to crash it wouldn't cause a run on the banks.
I know all of you guys have invested your savings into gold bars and crates of 7.62x39, so I guess this doesn't necessarily apply to you.
AIG funnelled the money out the door to goldmans sachs and Mr geitner was a groomed puppet from that company.
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