Why Is The US Treasury Quietly Ordering "Surival Kits" For US Bankers?
yes...we can re-pay our debt with triple digit inflation...no problem...
6 digits inflation...like I said before...no problema...
Democrats Who Voted For The Cromnibus Received Double The Money From Wall Street Than "No" Voters
While the government may have voted itself some $1.1 trillion to spend until the end of fiscal 2015, the biggest contention in the Cromnibus, or as it is also known, the Cronybus, vote which passed the House with the narrowest of margins on Thursday night, was the swaps push-out provision - drafted by Citigroup - and which, as we detailed yesterday, could put American taxpayers on the hook for up to $303 trillion in gross notional derivatives as a result of "siloing" swaps, and their associated risks, in FDIC-insured operating companies.
We stated that "we now know with certainty that to a clear majority in Congress - one consisting of republicans and democrats - the future viability of Wall Street is far more important than the well-being of their constituents."
The only question is what was the (s)quid for this particular quo. Now thanks to an analysis by the WaPo, we have the answer.
First, it should come as no surprise that Republicans would be willing to vote for a bill that seeks to indemnify Wall Street from future failure. After all, Wall Street's proximity to the GOP, and vice versa, is hardly a contentious issue. And yet, it was "only" 162 republicans who voted for the Cromnibus - some 67 voted against. Which means that whipping the 57 democrats who also voted for the Bill to get the crucial 218 passing votes was far more critical to assure passage of the swaps push out provision.
The map below shows the final geographic breakdown of the vote by party:
I would say the big freaking snowstorm that kept people locked in their works and homes may have something to do with it.
maybe they still think something very complicated . whether they would survive like that . many ways to survive in the world of forex , you can search for other articles such as in forex holic , you try to search in google
Heh. Zillions of forex articles, but somehow the articles here are the best 
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
You agree to website policy and terms of use
The Department of Treasury is spending $200,000 on survival kits for all of its employees who oversee the federal banking system, according to a new solicitation. As FreeBeacon reports, survival kits will be delivered to every major bank in the United States and includes a solar blanket, food bar, water-purification tablets, and dust mask (among other things). The question, obviously, is just what do they know that the rest of us don't?
As Free Beacon reports,
The Department of Treasury is seeking to order survival kits for all of its employees who oversee the federal banking system, according to a new solicitation.
The emergency supplies would be for every employee at the Office of the Comptroller of the Currency (OCC), which conducts on-site reviews of banks throughout the country. The survival kit includes everything from water purification tablets to solar blankets.
The government is willing to spend up to $200,000 on the kits, according to the solicitation released on Dec. 4.
The survival kits must come in a fanny-pack or backpack that can fit all of the items, including a 33-piece personal first aid kit with “decongestant tablets,” a variety of bandages, and medicines.
The kits must also include a “reusable solar blanket” 52 by 84 inches long, a 2,400-calorie food bar, “50 water purification tablets,” a “dust mask,” “one-size fits all poncho with hood,” a rechargeable lantern with built-in radio, and an “Air-Aid emergency mask” for protection against airborne viruses.
Survival kits will be delivered to every major bank in the United States including Bank of America, American Express Bank, BMO Financial Corp., Capitol One Financial Corporation, Citigroup, Inc., JPMorgan Chase & Company, and Wells Fargo.
...
The agency has roughly 3,814 employees, each of which would receive a survival kit. The staff includes “bank examiners” who provide “sustained supervision” of major banks in the United States.
...
It is not clear why the Treasury Department is ordering the kits.
* * *
One can only imagine what the Treasury department is thinking will happen in the near-future... while it is indeed good to be prepared, the timing as domestic social unrest ramps up, the driver of the recovery is crashing, and the Fed has stepped away is 'odd' to say the least.
* * *
read more