I think the reason they are not cutting the checks is this, it will finish them off. ( the merging of the Federal Reserve and The US Treasury. “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. This scheme essentially merges the Fed and Treasury into
one organization. So, meet your new Fed chairman, Donald J. Trump.”)
I think the reason they are not cutting the checks is this, it will finish them off. ( the merging of the Federal Reserve and The US Treasury. “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. This scheme essentially merges the Fed and Treasury into one organization. So, meet your new Fed chairman, Donald J. Trump.”)