To: Cheap_Hessian
2 posted on
04/02/2010 8:57:10 AM PDT by
Cheap_Hessian
(I am the Grim FReeper.)
To: Cheap_Hessian
Hey, it’s going to all change now that those Census workers have money to spend.
3 posted on
04/02/2010 8:58:48 AM PDT by
raybbr
(I hate B(ig) H(ead) Obama)
To: Cheap_Hessian
Obama created more debt in the last two months than President Reagan did in the worst “debt creating” year of his Presidency... Anyone wonder why the MSM isn’t reporting this?
5 posted on
04/02/2010 9:02:18 AM PDT by
GOPJ
(Garde la Foi, mes amis! Nous nous sommes les sauveurs de la République! Maintenant et Toujours!)
To: Cheap_Hessian
In ALL of 1986, the single worst deficit year under President Reagan, Washington failed to run up as much debt as it did last month alone. And February’s deficit of $221 billion was more than TRIPLE the sum total of ALL deficits during the six years under Nixon - - This is a quote from Martin D. Weiss...
6 posted on
04/02/2010 9:07:50 AM PDT by
GOPJ
(Garde la Foi, mes amis! Nous nous sommes les sauveurs de la République! Maintenant et Toujours!)
To: Cheap_Hessian
$333 billion in one month.
Note that works out to an annual rate of $4 TRILLION per year.
7 posted on
04/02/2010 9:23:08 AM PDT by
DuncanWaring
(The Lord uses the good ones; the bad ones use the Lord.)
To: Cheap_Hessian
I need help here. When the US Government issues debt, does that mean they borrowed money? If so, from whom are they borrowing it? Or are they printing it?
When the Federal Reserve purchases debt issued by the US Government, what does that mean? Could it be that the US Government is borrowing from the Fed?
What do monetary transactions between the Fed and the US Government mean? Is it a shell game? What do they accomplish for the country as a whole?
8 posted on
04/02/2010 9:56:50 AM PDT by
frposty
(I'm a simpleton)
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