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WSJ: Fed Buying 61 Percent of US Debt

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posted on Mar, 29 2012 @ 04:49 PM
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reply to post by Fitch303
 

After the crash happens, people will yank them out of their limos and tear them apart like rotisserie chickens. You'd have to hang the body parts separately.




posted on Mar, 29 2012 @ 04:55 PM
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I can't wait to get my 'Don't blame me, I volunteered for Ron Paul' bumper sticker.



posted on Mar, 29 2012 @ 05:05 PM
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Interesting....


The original WSJ article (not sourced in the OP) states this happened last year. We just found out about yesterday (the 27th) because they had to report it.

Is this how BO thinks he can save the economy? Really bro? After the stimulus in '08, '09 and '10 failed, you secretly convinced the FED to eat up and subsidize 61% of our debt? SERIOUSLY?

I was waiting for a sign that the economy was on a downward spiral. I think it's time to start prepping.



posted on Mar, 29 2012 @ 06:02 PM
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Originally posted by zeeon
Interesting....


The original WSJ article (not sourced in the OP) states this happened last year. We just found out about yesterday (the 27th) because they had to report it.

Is this how BO thinks he can save the economy? Really bro? After the stimulus in '08, '09 and '10 failed, you secretly convinced the FED to eat up and subsidize 61% of our debt? SERIOUSLY?

I was waiting for a sign that the economy was on a downward spiral. I think it's time to start prepping.


Its the only thing they can do it is the life blood of their false credit based system. if they pull the plug now it collapses immediately. This prolongs it but makes it worse when it finally does collapse. That is why this will be the mother of all collapses!



posted on Mar, 29 2012 @ 07:32 PM
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reply to post by ModernAcademia
 


Buying is an interesting choice for a word to describe what the Fed is doing. I only wish the article would have clarified what the Fed is buyiing U.S. debt with (e.g. chickens, scalped tickets, escort services, wool jackets, whatever).



posted on Mar, 29 2012 @ 08:25 PM
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Originally posted by Xcathdra
10 hours in the field is not the same as 10 hours in neurosurgery is not the same as 10 hours on police patrol.


Let me tell you, I would rather have everyone doing what they are best at.
I do not want people to find themselves a profession because of the money they will make, I want them to go do what they are good at and that makes them happy while contributing to society.
Hell, we are more respected in this stupid society if we make a good paying "crook" job than someone with a job that brings him honor and happiness.

I do not want you to look happy, I want you to be happy!
I do care if you a bad field worker, a bad cop or a bad surgeon...you don't belong there and you don't contribute optimally to yourself AND society.

We all need each other, money isn't what we need. We make money in order to get help from our fellow humans, but it's not the money we need. It's what other humans produce that we buy, not things, that we need.

If you NEED a bigger salary to be proud of yourself, I feel you don't understand life. You have been caught in a mind prison without even realizing it. There are many other ways than making more money to stand out and be an individual that his proud of his existence.

If I had a resource based or socialist economy to take care of, you bet I wouldn't have people doing nothing all day and if they did, I feel it would only be normal that they receive absolutely no luxuries, be re-adapted and contribute. Also, I don't see why people making a "better job" wouldn't be rewarded.
Deny ignorance towards other economic possibilities than capitalism, nothing is all black and nothing is all white.
edit on 29-3-2012 by User8911 because: (no reason given)



posted on Mar, 29 2012 @ 08:27 PM
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reply to post by taskforce4256
 


What a vivid and wonderful picture you paint!

Right on!




posted on Mar, 29 2012 @ 08:29 PM
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Originally posted by Kovenov
reply to post by ModernAcademia
 


Buying is an interesting choice for a word to describe what the Fed is doing. I only wish the article would have clarified what the Fed is buyiing U.S. debt with (e.g. chickens, scalped tickets, escort services, wool jackets, whatever).


With money printed out of thin air.

The fed prints money, not the treausry, as most people think. It is SUPPOSED to be the treasury, but Woodrow Wilson, traitor that he was, turned it all over to the fed.

So, now, the government issues debt and the fed prints the cash.



posted on Mar, 29 2012 @ 08:37 PM
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Hmmmmmmm. I wonder what would happen if the Fed was dissoved after it's 100 year tenure?
"second verse, same as the first, a little bit louder and a little bit worse." Herman's Hermits



posted on Mar, 29 2012 @ 09:26 PM
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Originally posted by Leftist


The fed prints money, not the treasury, as most people think. It is SUPPOSED to be the treasury, but Woodrow Wilson, traitor that he was, turned it all over to the fed.

So, now, the government issues debt and the fed prints the cash.


Honestly, although it may seem like coming to his defense, I will risk saying that it isn't all President Wilson's fault. (Although he alone could have put a stop to it, had he been so inclined.)

It appears only with the benefit of hindsight did this academician-turned-political-celebrity realize the extent of the economic subjugation he had ushered in. Perhaps the "Jekyll Island" lore is not far from true... and perhaps the legends of the evil-minded machinations of abusive robber-barons isn't either.

However.... the Senate and Congress... to this day have the authority and power to effect change - and get this.... they simply WILL NOT DO IT. How does that work? Sound like what they are SUPPOSED to be doing.... pandering, selling-out, cashing-in?

Of course, this is all "kooky" conspiracy talk right?



posted on Mar, 29 2012 @ 09:52 PM
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reply to post by Leftist
 


Hmm ... the Fed controls the money supply, but Treasury sas the authority to print money. A very strange way to do business, but that's my understanding. At any rate I think my attempt at sarcams was not quite poignant enough.

Take it easy, Leftist.



posted on Mar, 29 2012 @ 10:17 PM
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In 2010 the Chinese warned the United States government that the practice of purchasing it's own debt was watering down the value of its existing Treasuries. Flooding the market with credit had created the real estate bubble and would invariably result in run away inflation. If the US did not cut its budgets and stop the practice, the Chinese would stop buying Treasuries.

Instead of cutting the budget, Bush called for the TARP bill, in effect giving the Chinese the finger. Conspiracy theorists argues the Fed was in effect trying to default on the nation debt by running the "World's Currency) into the ground to force a new world currency and NWO.

The reasons behind the behavior do not mitigate the fact that doing so is fraud and illegal. The only thing preventing them from being locked up was the threat of throwing the world into financial chaos.

Let me be the first to say, "Hey Geitner, the jig is up, biatch! Better get your schpincter muscles ready. There are a lot of lonely men in debtors' prison so very anxious to meet you. Have you ever tried lip gloss made from orange Kool-Aid? It might look fabulous with the orange jumpsuit and matching bandanna."



posted on Mar, 29 2012 @ 11:26 PM
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Originally posted by ModernAcademia

WSJ: Fed Buying 61 Percent of US Debt


www.moneynews.com

The Federal Reserve is propping up the entire U.S. economy by buying 61 percent of the government debt issued by the Treasury Department

"This not only creates the false appearance of limitless demand for U.S. debt but also blunts any sense of urgency to reduce supersized budget deficits."

foreign investors like Japan and China that once scooped up U.S. debt are shunning it. In 2009, such foreign purchases of U.S. debt amounted to 6 percent of GDP and has since falled by over eighty percen
(visit the link for the full news article)



This is not the position of the WSJ, this is an opinion posted in the opinion section of the Fox "News" of print, (now that Rupert bought it).



posted on Mar, 30 2012 @ 12:04 AM
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and they say smoking is harmful....... when the fed starts buying it's own debt the end is very near, and only collapse can follow.



posted on Mar, 30 2012 @ 03:06 AM
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Originally posted by User8911

Originally posted by Leftist
The end of capitalism as we know it!


End the monetary system!! End this madness killing us all called profit!

Oh...and we could also change the people that led us to this point.

Contrary to what they WANT us to believe, human being are smart enough, evolved enough and have enough empathy to make the whole system work. Most people in the world are not evil and racist.
We do not need bankers and corporations slaving us more and more trough inflation.




I really couldnt help myself.
edit on 30-3-2012 by AnimositisominA because: (no reason given)



posted on Mar, 30 2012 @ 03:13 AM
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reply to post by Leftist
 


If Capitalism collapses (which, this is not a Capitalist system ...) I hardly doubt we'd consent to go to a .. er.. More Socialist system .. you know .. considering that 1. That's already been tried and collapsed and 2. Socialist policies are the reason governments are even having debt issues to begin with.



posted on Mar, 30 2012 @ 03:24 AM
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"CNN" just reporting this,

Arrests of High profile Hong Kong Businessmen.....

Billionaires!!!!!




www.google.com...



posted on Mar, 30 2012 @ 07:22 AM
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Originally posted by CosmicCitizen
Hmmmmmmm. I wonder what would happen if the Fed was dissoved after it's 100 year tenure?
"second verse, same as the first, a little bit louder and a little bit worse." Herman's Hermits


What 100 year tenure ??


This looks like they have an "indefinite" succession !!
(since 1927)

from Cornell Law:

12 USC § 341 - General enumeration of powers

Upon the filing of the organization certificate with the Comptroller of the Currency a Federal reserve bank shall become a body corporate and as such, and in the name designated in such organization certificate, shall have power—

First. To adopt and use a corporate seal.

[color=limegreen]Second. To have succession after February 25, 1927, until dissolved by Act of Congress or until forfeiture of franchise for violation of law. .....

Cornell Law - Fed reserve

So it appears Congress can dissolve the Fed any time ?

And no "100 year" charter exists !

unless it ends in 2027 ?



posted on Mar, 30 2012 @ 07:51 AM
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Originally posted by taskforce4256
reply to post by Fitch303
 

After the crash happens, people will yank them out of their limos and tear them apart like rotisserie chickens. You'd have to hang the body parts separately.



This.... start writing names down in your little black books, and make sure the books are pitch black.

Damn I really really dislike people who deal in the world of money!



posted on Mar, 30 2012 @ 09:55 PM
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reply to post by AnimositisominA
 
Hahahahaha! Oh man, that was good
Good old, Stuart. Those were the days alright.



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