Government: "We lied: we're another 9 trillion in debt." - Polidicks

Okay that's it, I'm saying fucking raze the banks. I don't give a shit how important they are anymore. :doh:

March 2008 you say? Bush just got even worse on the charts for fucking up our economy.

[QUOTE=Ridge;26436382]Just remember, money doesn't exist. It is imaginary, a creation of man. A fictional device with no pre-determined value, and upon which the entire world's actions are determined.[/QUOTE] Like what god is to an atheist.

Er, doesn't this article say that the 9 trillion that we loaned to the banks was already paid back? [b]The amount of cash being pumped out to the financial giants was not previously disclosed. All the loans were backed by collateral and all were paid back with a very low interest rate to the Fed -- an annual rate of between 0.5% to 3.5%.[/b] [b]Edit: [/b] If so, shouldn't the title be something like [i]Government: "We made a shitload of cash by loaning money to banks, but not as much as we could have."?[/i]

[QUOTE=Mr.Dounut;26436070]We're also like a good few thousands times bigger then them. (population wise)[/QUOTE] I was unaware america had 24 billion people living there, seeing as the world barely holds 5 billion. But kay.

[QUOTE=Miskav;26437126]I was unaware america had 24 billion people living there, seeing as the world barely holds 5 billion. But kay.[/QUOTE] They lied

[QUOTE=Miskav;26437126]I was unaware america had 24 billion people living there, seeing as the world barely holds 5 billion. But kay.[/QUOTE] they forgot to carry the 1 [editline]2nd December 2010[/editline] again

[QUOTE=superdinoman;26435833]Just imagine all the porn and drugs you could buy with that. :allears:[/QUOTE] Why buy porn? You could buy women...

[QUOTE=Soulbrother;26437547]Why buy porn? You could buy women...[/QUOTE] I dont know about you, but where I live buying people is kind of illegal.

[QUOTE=superdinoman;26437634]I dont know about you, but where I live buying people is kind of illegal.[/QUOTE] Nothing's illegal when you have [b][i]9 trillion dollars.[/i][/b]

[QUOTE=Explosions;26435705]Yes but it's in loans to banks.[/QUOTE] Problem with that is that those 9 trillion dollars were the peoples' money, given to banks and near zero interest charged. And then the banks loan that same money back to the people, except this time with outrageous amounts of interest.

[QUOTE=Walrus.;26435721]Title should have been "US Government:..." since not everyone on FP lives in 'merica. Still knew it was them before i clicked the thread.[/QUOTE] There is like, no other country that can do anything with 9 trillion dollars, especially be in debt for that much

[QUOTE=Ridge;26436382]Just remember, money doesn't exist. It is imaginary, a creation of man. A fictional device with no pre-determined value, and upon which the entire world's actions are determined.[/QUOTE] True, though we should still be careful as how we are to handle it. Handle it wrong and you have something worse than that of the last depression and this one combined.

[QUOTE=Jallen;26436268]I read the title and was like "PLEASE DON'T BE UK PLEASE DON'T BE UK"[/QUOTE] I was expecting Ireland but 9 trillion would be a bit much.

Basically, all the money has been repaid, and they kept it quiet to stop the markets from spazzing out. Seems fair to me. But for the love of God, please try regulation.

[QUOTE=Ridge;26436382]Just remember, money doesn't exist. It is imaginary, a creation of man. A fictional device with no pre-determined value, and upon which the entire world's actions are determined.[/QUOTE] At least it used to have more value than it does now. [img]http://upload.wikimedia.org/wikipedia/commons/0/0a/US_$1_1928_Silver_Certificate.jpg[/img] Real American money. [editline]1st December 2010[/editline] [QUOTE=Gordy H.;26437742]Nothing's illegal when you have [b][i]9 trillion dollars.[/i][/b][/QUOTE] Stop right there criminal scu...Here have $100,000,000,000 dollars, or perhaps $1,000,000,000,000?

[QUOTE=superdinoman;26435833]Just imagine all the porn and drugs you could buy with that. :allears:[/QUOTE] 300,000,000 months of Brazzer 450,000,000 grams of weed. Sounds like one hell of a party.

[QUOTE=Soulbrother;26437547]Why buy porn? You could buy women...[/QUOTE] The ones you buy usually come with extra stuff you don't want. Like STDs.

[QUOTE=Boba_Fett;26438865]The ones you buy usually come with extra stuff you don't want. Like STDs.[/QUOTE] Human trafficking ftw?

[QUOTE=Boba_Fett;26438865]The ones you buy usually come with extra stuff you don't want. Like STDs.[/QUOTE] Bro it is 9 trillion, you could buy whatever/whoever you want. And who cares about diseases when you could buy all the meds.

I'm past caring about this kind of shit, it's not as if they'll ever sort themselves out so there's no point dwelling on it. I've got other things to worry about.

With 9 trillion you could get any law instated that you'd ask for.

Government being idiots? In other news, the sky is blue. How about that?

P.S. Rather disappointed no one's pointed this out yet, but the article is about the Federal Reserve giving 9 trillion in loans. Despite the name, however, the Fed is not actually a government institution. So the U.S. government itself is not actually this much more in debt. You guys are also assuming that not a single penny of those loans are/will be paid back.

[QUOTE=Biotoxsin;26436598]March 2008 you say? Bush just got even worse on the charts for fucking up our economy.[/QUOTE] What does Bush have to do with this? The Federal Reserve is a private organization.

[QUOTE=Boba_Fett;26438865]The ones you buy usually come with extra stuff you don't want. Like STDs.[/QUOTE] when you have that kind of money women are just attracted to you like a magnet

Government: "Hey American citizens, how are you doing?" People: "It's terrible, the government is torn, the economy is horrible, and many people are star-" Government: "Yeah that's great. Uhm, listen, we actually lied, we're another 9 trillion dollars in debt." People: "........." Government: "Well it's good to hear you don't mind it, I'm going to go ahead and spend another 73 billion on TSA so they can learn enhanced ball touching techniques. Talk to you later." I'm paranoid that this isn't funny :ohdear:

Could we have a moderator fix the title? Or it's going to be a hundred pages of people saying the US is 12 trillion in debt.

[QUOTE=superdinoman;26435833]Just imagine all the porn and drugs you could buy with that. :allears:[/QUOTE] Who even still buys porn anymore?

This is why wikileaks is there, to make them do this.