Comment from Phillip Caine

Document ID: TREAS-DO-2009-0001-0003
Document Type: Public Submission
Agency: Department Of The Treasury
Received Date: February 03 2009, at 03:51 PM Eastern Standard Time
Date Posted: February 9 2009, at 12:00 AM Eastern Standard Time
Comment Start Date: January 21 2009, at 12:00 AM Eastern Standard Time
Comment Due Date: March 23 2009, at 11:59 PM Eastern Standard Time
Tracking Number: 80843d4b
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This is comment on Rule

TARP Conflicts of Interest

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Dear anyone that has sworn an oath to this country, Regarding DOCID:fr21ja09-10 (note: I hate every single one of you OATH BREAKERS! HATE . Do you HEAR ME!? ) This whole nonsense about TARP is allowing theft and potentially the destruction of our, your's, my government, by thieves. Your throwing a TARP up that hides these bastards from the public view. Where's the transparency, how much do we get for our buck? Don't tell me some crap nonsense about $1 = $1 or more in bla bla bla, YOUR BORROWING THE F-ing dollar, YOU BETTER BE MAKING $2 or bla bla bla. (note2: Why not hire 5000 FBI Agents who are dedicated to grep and find the bastards that caused this, and save 350 Billion for the people, for FOOD, CLOTHING, SHELTER?!) Troubled assets are that. Thieves messing with people and hoping the law don't catch them, you want market stability? I ASK AGAIN, DO YOU WANT MARKET STABILITY? Get rid of The Fed, Bernake and Paulson. enough is enough of their nonsense lies. Revoke the 14th Amendment and make BANKS be under the government not CONTROLLING IT! Protect the Bond Market. (Or ye shall not have anything to borrow, when China say's 2% - get lost.) Let these failed banks crash. CRAM DOWN. FELL THE PAIN, ARREST THE CEO's and anyone else playing this childish nonsense. Create some new banks with this so-called stimulus package. START LOANING... o;) Okay, I am a nobody, but I know math better than this fascist corporate media, I know math better than the economists, and I know math better than THE FED. And the math they propose is INSANE, and potentially a NATIONAL SECURITY problem. Stop bailing out the thieves. Each one that want's bailout. LOCK THEM UP IN JAIL! Okay TARP... You punks want to know what's up with TARP HERE YOU GO http://market-ticker.denninger.net/archives/764-Idiocracy,-Part-Deux-for-Today.html Get your little butts down there and read up. I will paraphrase for the lazy arse'd among you!!! (You over 250 LBS these days?) The inescapable conclusion is that in order to get the sort of low yields that The Fed and Treasury want (which are necessary in order to get their desired "4%" mortgage rates) Treasury can do only one of two things: 1. Stop issuing massive amounts of debt, thereby making Treasury Bills and bonds short in supply for the given demand, thus forcing prices higher (and yields lower) OR 2. Literally scare money into Treasuries despite gargantuan supply, exploiting the view of "safety" that people have in Treasury debt. This in turn requires intentionally fomenting a stock market crash. If you're wondering why the stock market had its worst January on record, you need to talk to Treasury about its extraordinary issuance of debt that is crowding out money in the stock market, along with the government's scaremongering. And if you're wondering why we had a crash in September and October, go talk to Bernanke, who intentionally drained the slosh in the system as Congress was debating the EESA bill - a quite-transparent (and successful) attempt to cause a massive stock market sell-off to support what he and Paulson wanted - $700 billion in taxpayer funds for their banker buddies and suppression of Treasury yields. None of this is an accident and the data necessary to figure out what is happening and why is all available to anyone who cares to look and perform a bit of HONEST reporting. Oh, and before you close the book on this ugly little chapter you might want to contemplate what happens to both the bond and stock markets if demand for our bonds were to disappear due to, oh, China for instance, deciding it didn't want to buy any more of them. Did I mention I hate every single one of you OATH BREAKERS! Alright well your Regulations.gov website is bitching that I took too long to type this, SO I WILL HIT SEND. If you don't like my language, too bad, that's YOUR FAULT. If you CENSOR me, I will blow your load.

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