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Tuesday, September 27, 2011

Another Big Month At Geithner’s Whorehouse Bank

The Federal Financing Bank (FFB) has released its August report [7]. This is the bank that has provided the $500mm to Solyndra. Under normal conditions this monthly report would go unnoticed (except by folks like me). This time might be different. I would expect that a few Republicans are going to jump all over this. They should. The FFB is continuing to lend taxpayer money with virtually no oversight.
From the report:
Net holdings of government-guaranteed loans increased by $757.4 million.
Another ¾ of a billion out the door. Who got this money? Answer: The same characters that have gotten the "Free Money" since O/Timmy G. took control. The breakdown of the DOE advances and the pricing:
More
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2 comments:

  1. AnonymousSeptember 27, 2011 at 10:18 PM

    And just who is the federal rederve bank to "watch" the blogs? Is a private entity now having the services of our federal law enforcement availed to it in order to carry out some special agenda?

    ReplyDelete
  2. AnonymousSeptember 28, 2011 at 6:14 AM

    This is what the republicans want to cut out of the budget to pay for FEMA.
    This is the government paying for companies to make things nobody wants.

    ReplyDelete

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