REPRISE:WillTheFedPermitAnotherMeltdownCausedByOffshoreFunds

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WHO/WHAT WE ARE

We are a U.S. public-policy monthly discussion group founded in the Fall of 2005 that meets on the third Wednesday of each month (with adjustments to avoid secular/religious holidays).

Since February 2020, we have met via Zoom. [For the first 14.5 years of our existence, we met at the Salt Lake City Library (210 East 400 South) with remote participation via Skype.]

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40 SIX-DEGREES-OF-SEPARATION E-MAIL CAMPAIGNS, 4 REPORTS & 9 REPRISES

We take great pride in our Six-Degrees-Of-Separation E-mail campaigns to America's decision makers which, with only a few computer keyboard key strokes, can be sent by each of our members (1) to the decision maker, and (2) to all of the member's friends and acquaintances requesting them to do the same in an unending chain.

Accordingly, we also take great pride that each of our official recommendations has been approved unanimously at one of our meetings or, at most, received only one dissent.

All 40 e-mail campaigns over the years are collected in this section. They include 10 e-mails sent by John Karls that did not receive an official endorsement for the rest of our members to send. The titles of the 30 official recommendations are ALL CAPS and the titles of 10 unofficial recommendations are lower case.

The date of the meeting at which each of the 40 campaigns was adopted is listed so that voluminous additional information about that campaign can be accessed by scrolling down to the sections of this bulletin board that relate to that meeting.

In addition, there are four items whose descriptions begin with “REPORT.” They are reports of our Great Salt Lake Working Group which was formed IAW our “Short-Time Fuse” procedures described in the next section of this bulletin board.

There is also a 1/20/2021 “Report” of our JCPOA Working Group.

Finally, there are eight items whose descriptions begin with “REPRISE.” They describe additional actions that were taken IAW previous official e-mail campaigns to bring their approved policies to the attention of additional decision makers.

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johnkarls
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Joined: Fri Jun 29, 2007 8:43 pm

REPRISE:WillTheFedPermitAnotherMeltdownCausedByOffshoreFunds

Post by johnkarls »

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Will The Federal Reserve Permit Another Economic Meltdown Caused By “Offshore” Funds???

[Or Why Does Congress Always Fail To Ask Whether The TRillions That Pile Up In The Tax-Haven Subsidiaries Of U.S. Companies That Have Exported American Jobs Are “Stuffed In Mattresses” In The Tax Havens, Or Whether The Funds Have Long Since Been Loaned To The CHUMP American Companies That Did NOT Export American Jobs And That Will Then Be Forced TO REDUCE THEIR AMERICAN PAYROLLS AND AMERICAN CAPITAL EXPENDITURES In Order To Repay The Tax Haven Subsidiaries So That Their So-Called “Offshore Funds” Can Be Dividended To Their U.S. Parent Companies That Did Export American Jobs???]

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The following e-mail is a reprise of several of our Six-Degrees-Of-Separation E-mail Campaigns warning that the 2008 Economic Meltdown was caused by the CHUMP American companies that did NOT export American Jobs being forced to reduce their American payrolls and American capital expenditures by $4 TRillion - $5 TRillion in order to repay the tax-haven subsidiaries of the U.S. Companies that did export American jobs -- so that the so-called “offshore funds” of the tax-haven subsidiaries could be dividended to their U.S. Parent Companies that did export American jobs.

Those Six-Degrees-Of-Separation E-mail Campaigns also warned that when CHUMP American companies that did not export American jobs are forced to reduce American payroll and American capital expenditures by such a massive amount (in effect, causing approximately 10% of all American workers to be terminated), then of course all of the homes of the terminated workers are going to be foreclosed. And the housing market will tank because there are no “new hires” to buy the foreclosed homes at auction. AND THIS WOULD BE TRUE WHETHER OR NOT THERE HAD EVER BEEN A SUBPRIME MORTGATGE!!!

The following e-mail was sent earlier today (Tuesday 12/26/2017) Certified Mail - Return Receipt to the Presidents of each of the 12 Regional Federal Reserve Banks.

Because each of them has authority to make loans to the CHUMP American companies that did NOT export American jobs, so that they can repay the tax-haven subsidiaries of the U.S. Companies that did export American jobs.

Rather than simply lament, like The Federal Reserve Bank did during the entire 2008-2011 Economic Meltdown, that the CHUMP American companies that did NOT export American jobs were in desperate need of loans which they could not obtain.

Here is a copy of one of the letters that were sent earlier today (Tuesday 12/26/2017) Certified Mail - Return Receipt to the Presidents of each of the 12 Regional Federal Reserve Banks.

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Saboteurs deleted this document after 395 views on 2/18/2022 - Here is a restoration -

The original 12/26/2017 USPS Tracking Numbers for the 12 hard copies follow immediately below.

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USPS TRACKING NUMBERS

Tracking No. 7016 1370 0001 0501 7104
The Hon. Eric S. Rosengren, President
Federal Reserve Bank of Boston
600 Atlantic Street
Boston, MA 02210

Tracking No. 7016 1370 0001 0501 7081
The Hon. William C. Dudley, President
Federal Reserve Bank of New York
33 Liberty Street
New York, NY 10045

Tracking No. 7016 1370 0001 0501 7074
The Hon. Patrick T. Harker, President
Federal Reserve Bank of Philadelphia
Ten Independence Mall
Philadelphia, PA 19106

Tracking No. 7016 1370 0001 0501 7067
The Hon. Loretta J. Mester, President
Federal Reserve Bank of Cleveland
1455 East Sixth Street
Cleveland, OH 44114

Tracking No. 7016 1370 0001 0501 7050
The Hon. Mark L. Mullinix, President
Federal Reserve Bank of Richmond
701 East Byrd Street
Richmond, VA 23219

Tracking No. 7016 1370 0001 0501 7043
The Hon. Raphael W. Bostic, President
Federal Reserve Bank of Atlanta
1000 Peachtree Street NE
Atlanta, GA 30309

Tracking No. 7016 1370 0001 0501 7036
The Hon. Charles L. Evans, President
Federal Reserve Bank of Chicago
230 South LaSalle Street
Chicago, IL 60604

Tracking No. 7016 1370 0001 0501 7029
The Hon. James Bullard, President
Federal Reserve Bank of St. Louis
One Federal Reserve Bank Plaza
Broadway and Locust Streets
St. Louis, MO 63102

Tracking No. 7016 1370 0001 0501 7012
The Hon. Neel Kashkari, President
Federal Reserve Bank of Minneapolis
90 Hennepin Avenue
Minneapolis, MN 55401

Tracking No. 7016 1370 0001 0501 7005
The Hon. Esther L. George, President
Federal Reserve Bank of Kansas City
1 Memorial Drive
Kansas City, MO 64198

Tracking No. 7016 1370 0001 0501 6992
The Hon. Robert S. Kaplan, President
Federal Reserve Bank of Dallas
2200 North Pearl Street
Dallas, TX 75201

Tracking No. 7016 1370 0001 0501 6985
The Hon. John C. Williams, President
Federal Reserve Bank of San Francisco
101 Market Street
San Francisco, CA 94105
Attachments
RL-dc26-CopyOfLetterSentToThePresidentOfEachOfTheTwelveRegionalFederalReserveBanks.pdf
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