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Thread: Fed Funding Virtually the Entire Deficit: Lindsey

  1. #11

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    However, the purchases of U.S. Treasuries by the Federal Reserve or banks allows the U.S. Government to continue spending money to the tune of an extra $1.3 trillion above tax revenues[/QUOTE]

    One of things that's so exasperating about this whole affair is the that no-one in the media or fedgov is demanding to know where all this 'spending above tax revenues' is going? Has welfare fraud ballooned out of sight with all the illegals getting benefits under their real name PLUS a couple other aliases?......czars gone wild building their communitarian utopia's in NYC, Chicago, etc. Who knows for sure but when your country's leaders are committing national suicide right before your eyes, shouldn't there be some attempt at an intervention?

  2. #12

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    As long as the sheeple keep using dollars then the FED cannot default on itself right? It's only after we loose the reserve currency status that the end game will be here.

    Or they will come up with a two currency scenario with one for outside the US and the other for inside the US.
    What's the Frequency, Kenneth?

    432Hz

  3. #13

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    As long as the fools keep electing banker boys obama-romney types to the presidency, the public will always be liable to eat the loss.

    The bankers know most people are stupid enough to vote in their lackeys they install in the 2 party system as "front runners" in every election.

  4. #14

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    Quote Originally Posted by redraspberry View Post
    As long as the sheeple keep using dollars then the FED cannot default on itself right? It's only after we loose the reserve currency status that the end game will be here.

    Or they will come up with a two currency scenario with one for outside the US and the other for inside the US.
    We are already in default.

    Inflation is default.
    Politicians and diapers must be changed often, and for the same reason. -Mark Twain

    The purpose of life is to matter, to be productive, to have it make some difference that you lived at all. -Leo Rosten

  5. #15

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    Quote Originally Posted by Will Wong View Post
    But the Federal Reserve is already the largest holder of US Treasuries. And they will be buying up $40B a month of mortgage backed securities with new money that they will be printing. My question is who owns the Federal Reserve Bank? In essence, the US Taxpayers will owe the Federal Reserve Bank trillions and trillions but who are these guys? Who do they answer to?
    It is clear that when you are indebted to over your ears the bank owns you, so the Fed owns all of you, the whole USof A.
    Who owns the Fed? The shareholder banks of course. and they pull the strings.

    Golditiki +++
    if 1 oz of gold is heavier THAN 1 oz of silver, THEN you have a problem

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