View Full Version : As the Fed bought puts against the subprime crisis, don't you think they should give that back to us?


skahhh8512
03-24-2003, 04:57 PM
Does the Federal Reserve owe the Amerian government the money they made off the puts purchased against the subprime crisis in the Stock Market? From the profits they made, our government should be fully funded for a thousand years!Spock, that is if the Fed bought them with the intent of giving that money to the government. We wonder...Kiker, the Fed is not a part of the government...they are a private organization as I understand it.Then Spock, why do we still have a national debt? Cause the way I see it, if the Fed played their cards right on knowledge that only they are privy to, there is no reason why the options they could have cashed in on, would not have paid off the National Debt!Our government is being mismanaged! Even Goldman Sachs was able to avoid losses by hedging! You telling me Bernanke and his compatriots and Paulman and Bush and Cheney couldn't figure this out? lol roflolMark, My fill a "mint" is broken. I am a target investor. The Fed has it's eyes on me. If I invest, they make sure that the stock price falls. Don't do what I do or you too will lose! lolIt is something when a stock has good news and the stock price plummets! lol That doesn't happen for the magisterium belongers who are members of "the social engine clubs"!

Spockrhp2083
03-29-2003, 10:13 PM
dig deeper.each year, the Fed gives its surplus funds to the US Treasury. It has been doing this for decades.so even if your puts tale had any truth in it, which I seriously doubt, the taxpayers are the ones who would benefit.

Andy6045
04-04-2003, 03:30 AM
How about one article backing up your ridiculous claims ?

OhBoy0167
04-09-2003, 08:47 AM
The Fed didn't, and never has, bought stock market puts.You're an idiot.

OPM4316
04-14-2003, 02:04 PM
First, what you are writing is fiction, second all profits made by the Fed over 4% return are turned over to the Treasury by law.

Kiker4770
04-19-2003, 07:21 PM
You are way off on this.1) It is illegal for the Fed to keep any profit is makes. All excesses are immediately forwarded to the Treasury. Besides, it wouldn't help them to keep it as that money isn't even theirs. 2) The Fed is prohibitted by law from engaging in speculative activites (derivative and commodity contracts) or investing directly in the markets! So since what you mentioned never happened, we have nothing to worry about. If they did receive a surplus, the excess is returned to the treasury, unlike the rest of the government that spends excess funds on stupid things.

Shakenbake2729
04-25-2003, 12:37 AM
Part 10 of skahhh's "government economic conspiracy theory." They're getting wackier all the time.

MarkS8096
04-30-2003, 05:54 AM
skahhh, your filament must be broken........'cause your light ain't coming on.