US Taxpayers Could Pay For European Bailout

September 17th, 2011

FAKE NEWS for the Zionist agenda

John W. Schoen
MSNBC
Saturday, September 17, 2011

The U.S. is coming to Europe’s financial rescue.

So far, America’s role is fairly limited. But if the crisis continues to grow and the U.S. takes on a wider role, U.S. consumers and taxpayers could feel a bigger impact. The biggest exposure could come from America’s status as the single largest source of money for the International Monetary Fund.

The latest round of American financial assistance came Thursday with a promise by the Federal Reserve to swap as many dollars for euros as European bankers need. In the short run, those transactions won’t have much impact because the central banks are simply swapping currencies of equal value. If the move helps avert a wider crisis, it could help spare the global economy from another recession.

But over the long term, consumers could feel the impact of central bankers flooding the financial system with cash, according to John Ryding, chief economist at RDQ Economics.

“This is a lender of last resort function,” he told CNBC. “With the dollar injections that the Fed has done, it’s like giving a patient medicine with really bad side effects.” Ryding said the bad side effect in the U.S. has been inflation, which has picked up to 3.8 percent year over year.

Full story here.

Print this page.

Comment Rules

19 Responses to “US Taxpayers Could Pay For European Bailout”

Can we stop kissin’ Global Banker Ass now?
I would like to add that greece isnt really the problem, after greece there are a number of european countrys in big trouble.
what u should be worried about is Spain,when we will all be “asked”(forced) to take that hit .gobal currency will be presented as our only way out.
(eat shit or die)
The question isnt should , the question is How will US pay for the bail out .
either by pumping in money to try and keep greece afloat (with the help of EU) or by having the banks take another big hit with the credit default swaps.
in both cases U the tax payer will be paying for it.
u want to blame Europe wich is silly ,, its the banks that create these swaps its the banks that overlend to greece.
Its the banks that are paying their board members and ceo’s millions if not 100rds of millions a year .someone has to bleed for that money and since the 3rd world has been bled pretty much as dry as it can be its our turn.
Why not, we payed over 14 Trillion dollars (since the end of the Cold War alone) to criminally establish corporate-fascist Likudnik-religionism in a tiny little white racist ZioNAZI tribal mafia colony in Palestine.
No problem. The banksters can send all the paper they want, anywhere they want around the world. When we take our government back, the “debt” will be repudiated and it will be exposed as just that: paper.

China, Europe and israel will be in for a world of hurt the day that happens.
EU US join again to breakdown at the sametime.
time is near that IMF or some other dictatorial elite bankers made banks will declare new world currency. They will dump Dollar Euro soon.
Suckers! One sided sister relationship. Give. Give. Give. What does Europe do for the United States “Citizens”? Well to answer that question, become politically persecuted by the United States and flee to Europe seeking asylum and protection….and watch them send you right back to the source persecution after they harm you some more. Let the EU pay its own debts. But you can’t because you’re a bunch of suckers. Here’s the keys to my house, the keys to my car, here’s my job, my education, my future, my kid’s education/future…I’ll go sleep on the streets.
- American is European owned, so we’ll do whatever the hell we’re made to do. and that’s that. but don’t worry, Europe comes in for the grand culling just like us. is everybody happy now?
C’mon Americans — come buy your tickets to globalism! placeofrefuge2012.com
Alex is right, this is all eugenics. There will be a major food crisis and a billion or more are gonna die by design. The sick won’t get their medicine. There willl be hyer inflation and hyper deflation all at once. The worlds gone completely mad!!!
Silver Warriors- on me!
So the fed reserves lease expires dec 21.2012 The same day they say is the “end of the world” So god isn’t coming to save us? The lawyers are. lmfao
I wanna know why the IMF needs money? I’m always getting emails saying I’m entitled to 3 million usd, 14 million usd, 6 million usd. Lmfao
As individuals, European – American or otherwise – we are at the mercey of the inexorability of the machine – it grinds – it mashes – it masticates and crushes then spits out whatever was left of human dignity. Its over – am I a skeptic? a cynic? a pessimist? a gloomer and a doomer…….Yoiu can bet your sweet ass I am……….ha ha ha
Just another step closer to the FED taking over Europe. Ever wondered why they established a second Wall Street in Frankfurt just recently by merging NYSE and Frankfurt Stock Exchange? And btw, they don’t just defraud US taxpayers but taxpayers here in Europe as well.
- Have they. Mmm, interesting, the UK is threatening to sue the ECB for essentially forcing them to move the clearing houses to Europe. Paris was said to be most likely, now I guess maybe it will be Frankfurt. Before people blame Europe for taking your money, I’d also like to point out that Wall Street has been mouthing off about conspiring to crash the Euro.
  
  I still say they are trying to hold things together because they are scared of the effects of Greece defaulting not in case the sky falls in, but in case it doesn’t. That’s why Soros is hysterically scaremongering.
  
  Isn’t today occupy Wall Street begins? That might be fun.
That’s like asking a paraplegic basket case to rescue someone that’s drowning !!!

P.S. But the printing press pimps can take it …
The Citizens of the former United States of America OWE NOTHING TO ANYONE – in their country or out of it.

AMERICAN PEOPLE – KNOW YOUR RIGHTS!

You DID NOT sign up to be guarantor to ANYBODY’S FIAT DEBTS or ANYONE’S INVESTMENT SCHEMES!

YOU DON’T OWE ANYTHING TO ANYONE

REFUSE ALL THREATS

YOUR CURRENCY/CREDITS ARE FAKE AND WORTHLESS likewise, your countries DEBTS ARE EQUALLY PHONY. Investments taken on by the unFederal Reserve are private interests and NOT PUBLICLY HELD.

Again, YOU DON’T OWE ANYTHING TO ANYONE’S PRIVATE GAMBLING DEBTS, no more then they owe you on yours.

The worldwide financial system is based 100+% upon fake DEBT and imaginary credits/currency.

DEMAND that it CRASH – once and for all.
The last thing the US needs is to start pumping money into another failed Nazi regime. Germany and France have always wanted a united Europe, it will NEVER happen! I advise the USA to stay out of it, let us Europeans fail along with the powers that dictate EU legislation.

It sounds like the US has it’s own problems but then again, the whole aspect of global currency failure is being done on purpose and is all part of the Grand Scale de humanisation of this planet.