Home Mail Chat (0) Wallpapers
Go Back   ChiefsPlanet > Big Chief Dave's Place > Washington DC & Vatican City
Reload this Page Economics Supreme Court: Fed must release all bailout data within 5 days
Register FAQDonate Members List Calendar Mark Forums Read

Reply
Page 1 of 2 1 2
 
Thread Tools Display Modes
Old 03-21-2011, 02:00 PM  
Taco John Taco John is offline
12on Paul
 
Taco John's Avatar
 
Join Date: Jun 2001
Casino cash: $18037
Supreme Court: Fed must release all bailout data within 5 days
BREAKING: Supreme Court Rules Fed Must Release All Bailout Data

March 21 (Bloomberg) -- The Federal Reserve must disclose details of emergency loans it made to banks in 2008, after the U.S. Supreme Court rejected an industry appeal that aimed to shield the records from public view. The justices today left intact a court order that gives the Fed five days to release the records, sought by Bloomberg.

A huge win for transparency.

Statement from Matthew Winkler, editor in chief of Bloomberg News:

As a financial crisis developed in 2007, "The Federal Reserve forgot that it is the central bank for the people of the United States and not a private academy where decisions of great importance may be withheld from public scrutiny. The Fed must be accountable to Congress, especially in disclosing what it does with the people’s money."

“The board will fully comply with the court’s decision and is preparing to make the information available,” said David Skidmore, a spokesman for the Fed.

The order marks the first time a court has forced the Fed to reveal the names of banks that borrowed from its oldest lending program, the 98-year-old discount window. The disclosures, together with details of six bailout programs released by the central bank in December under a congressional mandate, would give taxpayers insight into the Fed’s unprecedented $3.5 trillion effort to stem the 2008 financial panic.

“I can’t recall that the Fed was ever sued and forced to release information” in its 98-year history, said Allan H. Meltzer, the author of three books on the U.S central bank and a professor at Carnegie Mellon University in Pittsburgh.


Read entire story at Bloomberg:
http://www.bloomberg.com/news/2011-0...ts-appeal.html
Posts: 53,093
Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.
   Reply With Quote
Old 03-21-2011, 02:02 PM   #2
mlyonsd mlyonsd is online now
Supporter
 

Join Date: Aug 2000
Location: Spink, SD
Casino cash: $23862
This could get fun.
Posts: 27,888
mlyonsd is obviously part of the inner Circle.mlyonsd is obviously part of the inner Circle.mlyonsd is obviously part of the inner Circle.mlyonsd is obviously part of the inner Circle.mlyonsd is obviously part of the inner Circle.mlyonsd is obviously part of the inner Circle.mlyonsd is obviously part of the inner Circle.mlyonsd is obviously part of the inner Circle.mlyonsd is obviously part of the inner Circle.mlyonsd is obviously part of the inner Circle.mlyonsd is obviously part of the inner Circle.
   Reply With Quote
Old 03-21-2011, 02:04 PM   #3
Direckshun Direckshun is offline
Black for Palestine
 
Direckshun's Avatar
 

Join Date: Oct 2006
Location: Springpatch
Casino cash: $33532
I will almost guarantee it still won't happen, sadly.
__________________
Posts: 49,853
Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.
   Reply With Quote
Old 03-21-2011, 02:09 PM   #4
alnorth alnorth is offline
.
 
alnorth's Avatar
 

Join Date: Dec 2002
Location: Iowania
Casino cash: $47396339
Quote:
Originally Posted by Direckshun View Post
I will almost guarantee it still won't happen, sadly.
who are they going to appeal to? Intergalactic Court?
__________________
how many emo kids does it take to change a lightbulb?
HOW MANY?!
none they just sit in the dark and cry
Posts: 33,953
alnorth is obviously part of the inner Circle.alnorth is obviously part of the inner Circle.alnorth is obviously part of the inner Circle.alnorth is obviously part of the inner Circle.alnorth is obviously part of the inner Circle.alnorth is obviously part of the inner Circle.alnorth is obviously part of the inner Circle.alnorth is obviously part of the inner Circle.alnorth is obviously part of the inner Circle.alnorth is obviously part of the inner Circle.alnorth is obviously part of the inner Circle.
   Reply With Quote
Old 03-21-2011, 02:13 PM   #5
Jaric Jaric is offline
Plebian
 
Jaric's Avatar
 

Join Date: Feb 2011
Casino cash: $5000
Quote:
Originally Posted by alnorth View Post
who are they going to appeal to? Intergalactic Court?
The politicians they own?

I'll believe this happens when I see it happen. That said, this is good news.
Posts: 2,160
Jaric Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Jaric Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Jaric Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Jaric Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Jaric Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Jaric Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Jaric Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Jaric Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Jaric Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Jaric Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Jaric Forgot to Remove His Claytex and Got Toxic Shock Syndrome.
   Reply With Quote
Old 03-21-2011, 02:18 PM   #6
Taco John Taco John is offline
12on Paul
 
Taco John's Avatar
 

Join Date: Jun 2001
Casino cash: $18037
I wonder if they'll get cute and try to redact things.
__________________
Ehyeh asher ehyeh.

"You and I are told we must choose between a left or right, but I suggest there is no such thing as a left or right. There is only an up or down. Up to man's age-old dream – the maximum of individual freedom consistent with order – or down to the ant heap of totalitarianism." -Ronald Reagan
Posts: 53,093
Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.
   Reply With Quote
Old 03-21-2011, 02:18 PM   #7
mlyonsd mlyonsd is online now
Supporter
 

Join Date: Aug 2000
Location: Spink, SD
Casino cash: $23862
Quote:
Originally Posted by alnorth View Post
who are they going to appeal to? Intergalactic Court?
UN.
Posts: 27,888
mlyonsd is obviously part of the inner Circle.mlyonsd is obviously part of the inner Circle.mlyonsd is obviously part of the inner Circle.mlyonsd is obviously part of the inner Circle.mlyonsd is obviously part of the inner Circle.mlyonsd is obviously part of the inner Circle.mlyonsd is obviously part of the inner Circle.mlyonsd is obviously part of the inner Circle.mlyonsd is obviously part of the inner Circle.mlyonsd is obviously part of the inner Circle.mlyonsd is obviously part of the inner Circle.
   Reply With Quote
Old 03-21-2011, 02:20 PM   #8
Taco John Taco John is offline
12on Paul
 
Taco John's Avatar
 

Join Date: Jun 2001
Casino cash: $18037
Quote:
Originally Posted by mlyonsd View Post
UN.
I'd love to see them try.
__________________
Ehyeh asher ehyeh.

"You and I are told we must choose between a left or right, but I suggest there is no such thing as a left or right. There is only an up or down. Up to man's age-old dream – the maximum of individual freedom consistent with order – or down to the ant heap of totalitarianism." -Ronald Reagan
Posts: 53,093
Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.
   Reply With Quote
Old 03-21-2011, 02:23 PM   #9
HonestChieffan HonestChieffan is offline
Country Santa Year Around
 
HonestChieffan's Avatar
 

Join Date: Jan 2006
Location: In the Country in MO
Casino cash: $34409
And as a result....

The kookies who see evil in the Fed will find evil to point to and say Look!!!!Evil.


The rest of the people will see Banks borrow from the fed like they have for 98 years and they will se names they recognize...it is supposed to work that way....Kookies will go Look Banks Borrowed!!!OMG

Talk about a non event with totally predicatble results.
__________________
Frazod to KC Nitwit..."Hey, I saw a picture of some dumpy bitch with a horrible ****tarded giant back tattoo and couldn't help but think of you." Simple, Pure, Perfect. 7/31/2013

Dave Lane: "I have donated more money to people in my life as an atheist that most churches ever will."

Come home to Jesus Dave. Come home.
Posts: 35,346
HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.
   Reply With Quote
Old 03-21-2011, 02:25 PM   #10
mlyonsd mlyonsd is online now
Supporter
 

Join Date: Aug 2000
Location: Spink, SD
Casino cash: $23862
Quote:
Originally Posted by Taco John View Post
I'd love to see them try.
(Cross thread humor)

I know, I admit it was weak.
Posts: 27,888
mlyonsd is obviously part of the inner Circle.mlyonsd is obviously part of the inner Circle.mlyonsd is obviously part of the inner Circle.mlyonsd is obviously part of the inner Circle.mlyonsd is obviously part of the inner Circle.mlyonsd is obviously part of the inner Circle.mlyonsd is obviously part of the inner Circle.mlyonsd is obviously part of the inner Circle.mlyonsd is obviously part of the inner Circle.mlyonsd is obviously part of the inner Circle.mlyonsd is obviously part of the inner Circle.
   Reply With Quote
Old 03-21-2011, 02:27 PM   #11
The Mad Crapper The Mad Crapper is offline
Banned
 

Join Date: Dec 2009
Location: Sea of Green 23.4°
Casino cash: $5000
http://en.wikipedia.org/wiki/Karl_Rasche
Posts: 8,657
The Mad Crapper would the whole thing.The Mad Crapper would the whole thing.The Mad Crapper would the whole thing.The Mad Crapper would the whole thing.The Mad Crapper would the whole thing.The Mad Crapper would the whole thing.The Mad Crapper would the whole thing.The Mad Crapper would the whole thing.The Mad Crapper would the whole thing.The Mad Crapper would the whole thing.The Mad Crapper would the whole thing.
   Reply With Quote
Old 03-21-2011, 02:29 PM   #12
healthpellets healthpellets is offline
Long Live John Galt
 
healthpellets's Avatar
 

Join Date: Nov 2008
Location: On the edge of reason
Casino cash: $5000
Quote:
Originally Posted by HonestChieffan View Post
And as a result....

The kookies who see evil in the Fed will find evil to point to and say Look!!!!Evil.


The rest of the people will see Banks borrow from the fed like they have for 98 years and they will se names they recognize...it is supposed to work that way....Kookies will go Look Banks Borrowed!!!OMG

Talk about a non event with totally predicatble results.
you have to be a kookie to think that the Fed is a bad idea and is "evil"?

then i guess i'm kookie.
__________________
Quote:
Originally Posted by sportsshrink View Post
If you think the 2010 elections where you Marxist Dems got shellacked was bad, get ready for the American civilians version of our D-day at the polls to save this country come this Nov of 2012 !!

Romney will win in a landslide 6-10pt victory. Count on it !!!

Quote:
Originally Posted by BucEyedPea View Post
Do you live here? Nope.

Mind your own business.
Posts: 1,869
healthpellets must have mowed badgirl's lawn.healthpellets must have mowed badgirl's lawn.healthpellets must have mowed badgirl's lawn.healthpellets must have mowed badgirl's lawn.healthpellets must have mowed badgirl's lawn.healthpellets must have mowed badgirl's lawn.healthpellets must have mowed badgirl's lawn.healthpellets must have mowed badgirl's lawn.healthpellets must have mowed badgirl's lawn.healthpellets must have mowed badgirl's lawn.healthpellets must have mowed badgirl's lawn.
   Reply With Quote
Old 03-21-2011, 02:31 PM   #13
The Mad Crapper The Mad Crapper is offline
Banned
 

Join Date: Dec 2009
Location: Sea of Green 23.4°
Casino cash: $5000
http://en.wikipedia.org/wiki/Walther_Funk
Posts: 8,657
The Mad Crapper would the whole thing.The Mad Crapper would the whole thing.The Mad Crapper would the whole thing.The Mad Crapper would the whole thing.The Mad Crapper would the whole thing.The Mad Crapper would the whole thing.The Mad Crapper would the whole thing.The Mad Crapper would the whole thing.The Mad Crapper would the whole thing.The Mad Crapper would the whole thing.The Mad Crapper would the whole thing.
   Reply With Quote
Old 03-21-2011, 02:50 PM   #14
Taco John Taco John is offline
12on Paul
 
Taco John's Avatar
 

Join Date: Jun 2001
Casino cash: $18037
Quote:
Originally Posted by HonestChieffan View Post
And as a result....

The kookies who see evil in the Fed will find evil to point to and say Look!!!!Evil.


The rest of the people will see Banks borrow from the fed like they have for 98 years and they will se names they recognize...it is supposed to work that way....Kookies will go Look Banks Borrowed!!!OMG

Talk about a non event with totally predicatble results.


One of the dopier responses this news is sure to attract. I think that you'd be wise to wait for the release of the information before making any judgements.
__________________
Ehyeh asher ehyeh.

"You and I are told we must choose between a left or right, but I suggest there is no such thing as a left or right. There is only an up or down. Up to man's age-old dream – the maximum of individual freedom consistent with order – or down to the ant heap of totalitarianism." -Ronald Reagan
Posts: 53,093
Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.Taco John 's phone was tapped by Scott Pioli.
   Reply With Quote
Old 03-21-2011, 02:50 PM   #15
Direckshun Direckshun is offline
Black for Palestine
 
Direckshun's Avatar
 

Join Date: Oct 2006
Location: Springpatch
Casino cash: $33532
Quote:
Originally Posted by alnorth View Post
who are they going to appeal to? Intergalactic Court?
There have been numerous decisions where the executive branch has gone on to provide only half-measures to satisfy a judicial order.

George W. Bush and indefinite detention, for example.
__________________
Posts: 49,853
Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.
   Reply With Quote
Reply
Page 1 of 2 1 2

« Previous Thread | > Big Chief Dave's Place > Washington DC & Vatican City < | Next Thread »
Thread Tools
Display Modes
Linear Mode Linear Mode

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump




All times are GMT -6. The time now is 07:20 PM.

Contact Us - ChiefsPlanet - Archive - Top

This is a test for a client's site.
A new website that shows member-created construction site listings that need fill or have excess fill. Dirt Monkey @ https://DirtMonkey.net
Advertise with us!
Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2016, vBulletin Solutions, Inc.