Another Emergency Fed Meeting To Discuss Capital Markets

I would expect they are simply discussing the best way to print more paper. I just read another story, sorry can’t remember by whom, where the Fed is suggesting a slush fund they would set up for the Federal government, in case they need it.

What a friggin joke. This is nothing but out right theft with the only real question being why we need an un-Constitutional third party, the Federal reserve, to tell the treasury to print more money for the government? I would expect Congress and Obama have the phone number and email address for the Treasury and could simply do it themselves.

The banks are severely underwater on oil loan, many of which are unsecured loans as just this week, a major oil developer had to pledge the whole company to shore up its credit line.

http://sgtreport.com/2016/04/is-this-the-reason-why-yellen-president-obama-are-having-so-many-secret-meetings/