Luxor pyramid Las Vegas
A warning ?
This Note is evidence of a massive fraud and an incomplete transaction
BS , the NY Times said it was evangelical Christians , keep up
THIS = anons have skipped several steps to get to " We took over the Fed " now.
Even if we did, cabal owns central banks worldwide.
The Bloomberg article reprinted by Zerohedge seems to be the Yahoo sauce, same language .
Fed's Cure Risks Being Worse Than The Disease: James Bianco
So how can they do this? The Fed will finance a special purpose vehicle (SPV) for each acronym to conduct these operations. The Treasury, using the Exchange Stabilization Fund, will make an equity investment in each SPV and be in a “first loss” position. What does this mean? In essence, the Treasury, not the Fed, is buying all these securities and backstopping of loans; the Fed is acting as banker and providing financing. The Fed hired BlackRock Inc. to purchase these securities and handle the administration of the SPVs on behalf of the owner, the Treasury.In other words, the federal government is nationalizing large swaths of the financial markets. The Fed is providing the money to do it. BlackRock will be doing the trades.
https://www.zerohedge.com/markets/feds-cure-risks-being-worse-disease-james-bianco