we are now on borrowed time too. None of our elected leaders can comprehend our national problems. Fools.
I am not sure that the Fed has any choice. How else can the Fed finance our growing debt? Perhaps if the fed refused to stop financing our growing debt, politicians would listen. Of course, we should stop unsustainable spending. The actions of the fed seem irrelevant if we do not break our spending addiction. With the widespread belief that government spending is a free lunch, I see little hope to reform the addiction. The public should believe that government spending is a free good because it has been a free good. The end of the era of free government spending is fast approaching.
Everything that liberals do is insane.
The USA public ,young and old, had best take notice of this and get serious about it. This is not debt owed to citizens, it is debt owed to a foreign cabal set up by an imported European banker with the enablement of President Wilson under the misleading description of Federal Reserve. The big boys have kept the scam going since then by having the President with consent of (you name them) approving the chairman.
The USA public ,young and old, had best take notice of this and get serious about it. This is not debt owed to citizens, it is debt owed to a foreign cabal set up by an imported European banker with the enablement of President Wilson under the misleading description of Federal Reserve. The big boys have kept the scam going since then by having the President with consent of (you name them) approving the chairman.
Hmm. I think I saw a movie like this once..
Mother: Warning... the option to abort self-destruct sequence has now terminated.
Ripley: Mother, what now?
Mother: ...CREW EXPENDABLE...
EOM
Ripley: You [insert expletive for female dog here]!
Recipe for ultimate destruction of America: Add debt for:
. amnesty for illegal aliens (adding millions of "new citizens"),
. continue to implement new taxes and monetary policies forcing businesses to close or drastically reduce production and ultimately tax dollars received,
. sneakily implement part of Cap and Trade upon Americans, increasing gasoline prices, grocery prices, electric and natural gas prices, causing devastating new unemployment, financial burden upon Americans as never before seen or experienced
I think this is called monetizing the debt. It’s not a good thing, if my understanding is correct.
If you want to be technical about it, Social Security holds about $2.8 trillion.
by buying up US Treasuries, the Federal Reserve is in effect reaping interest payments from the US populace.
OMG! The Fed gives back all those interest payments they're reaping, and more, to the Treasury each year.
We are LITERALLY paying BILLIONS in interest payments to the Fed.
I'm more worried about the money we literally wasted educating this clown.
The debt is not payable to USA citizens but payable by USA citizens to an international cabal. There is so much to this situation that USA citizens do not know about.
The debt is not payable to USA citizens but payable by USA citizens to an international cabal. There is so much to this situation that USA citizens do not know about.