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Thread: Exchange Stabilization Fund

  1. #11
    Excellent link, thanks. My Facebook page just got better.

  2. #12
    I noticed that the ESF is mentioned as a hedge against the upcoming Default.
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  3. #13
    Senior Member Trust Guy's Avatar
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    Quote Originally Posted by David Merrill View Post
    I noticed that the ESF is mentioned as a hedge against the upcoming Default.
    Which may have already quietly begun .

    Did Treasury Just Strategically (Intentionally) Default?

    Treasury had a Coupon Payment to Social Security and other service “Trust” Funds due on June 30 , which was not made .
    Not to be construed as Legal Advice, nor a recommended Course of Action. I will stand corrected.

  4. #14
    Quote Originally Posted by Trust Guy View Post
    Which may have already quietly begun .

    Did Treasury Just Strategically (Intentionally) Default?

    Treasury had a Coupon Payment to Social Security and other service “Trust” Funds due on June 30 , which was not made .

    Thanks for that update.

    It reminds me I have not searched for any more GEITHNER letters...

    http://www.ibtimes.com/articles/1729...-gop-obama.htm

    ...but the link to the Statement is broken.
    Last edited by David Merrill; 07-04-11 at 03:55 PM.

  5. #15
    stoneFree
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    I stumbled upon Chris' critique of deCarbonnel's video series and thought it worth sharing:
    http://dont-tread-on.me/my-critique-...lization-fund/

  6. #16
    Senior Member Michael Joseph's Avatar
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    Quote Originally Posted by David Merrill View Post
    I noticed that the ESF is mentioned as a hedge against the upcoming Default.
    This is classic double speak in Dark Sentences

    As long as there are CONSTITUTORS around I'd say he was right on the money.
    The blessing is in the hand of the doer. Faith absent deeds is dead.

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  7. #17
    Quote Originally Posted by Michael Joseph View Post
    This is classic double speak in Dark Sentences

    As long as there are CONSTITUTORS around I'd say he was right on the money.

    We can begin to understand the source of such brutal honesty here.

  8. #18

  9. #19
    This is a good critique of the video: http://dont-tread-on.me/?p=4587

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