FED To Buy $500 billion to $1 trillion in government debt

You need to prove that these are lies or not, and not just fly bs flags because you feel like it. You are shilling and look both desperate and stupid.

I have already explained over and over again you clown. Learn how to read.

How soon do we have to pay the money back if we borrow from the FED????? That is right, we really never have to pay it back if we borrow interest free from the FED.

And to think, there are stupid shits like RON PAUL who want to do away with the FED. That asshole is insane.


what a retard! money for nothing??? more like money is now worth nothing! took awhile before they learned how to handle it?? paid the war debt and kept us out of a depression? lol handle what?---print money now to be broke later??? what a retard--no interest---oh joy that means we just owe what they print ??? oh wonderbar! forgot about germany did we?

Can understand some of you argument even though I don't agree, but when you say "God Bless Bernanke!"

Too Far

Wake the fuck up you ignorant buffoon. Money is a medium of exchange. If we wanted to order the FED to destroy in a massive bond fire the 7 Trillion dollars in paper debt that they how hold, they would do it. But, it would be better to wait until it is 14 trillion. Don't you see, you are looking at a medium of exchange as if it were a commodity. It is not a commodity. It is just a medium of exchange. To facilitate exchange we can create Trillions of electronic dollars for a season and then make them disappear when that season is over.

Oh, to answer your foolish question about Germany. Germany did not have the FED. Only the United States of America has a FED. It is the greatest invention of all time.

When you have borrowed money at ZERO interest, you have effectively not Borrowed money at all. You have just facilitated the exchange of money. That is what the FED allows us to do. Amazing, isn't it?

Last Edited by JoeNeubarth on 11/03/2010 02:21 PM

For immediate release

Information received since the Federal Open Market Committee met in September confirms that the pace of recovery in output and employment continues to be slow. Household spending is increasing gradually, but remains constrained by high unemployment, modest income growth, lower housing wealth, and tight credit. Business spending on equipment and software is rising, though less rapidly than earlier in the year, while investment in nonresidential structures continues to be weak. Employers remain reluctant to add to payrolls. Housing starts continue to be depressed. Longer-term inflation expectations have remained stable, but measures of underlying inflation have trended lower in recent quarters.

Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. Currently, the unemployment rate is elevated, and measures of underlying inflation are somewhat low, relative to levels that the Committee judges to be consistent, over the longer run, with its dual mandate. Although the Committee anticipates a gradual return to higher levels of resource utilization in a context of price stability, progress toward its objectives has been disappointingly slow.

To promote a stronger pace of economic recovery and to help ensure that inflation, over time, is at levels consistent with its mandate, the Committee decided today to expand its holdings of securities. The Committee will maintain its existing policy of reinvesting principal payments from its securities holdings. In addition, the Committee intends to purchase a further $600 billion of longer-term Treasury securities by the end of the second quarter of 2011, a pace of about $75 billion per month. The Committee will regularly review the pace of its securities purchases and the overall size of the asset-purchase program in light of incoming information and will adjust the program as needed to best foster maximum employment and price stability.

The Committee will maintain the target range for the federal funds rate at 0 to 1/4 percent and continues to anticipate that economic conditions, including low rates of resource utilization, subdued inflation trends, and stable inflation expectations, are likely to warrant exceptionally low levels for the federal funds rate for an extended period.

The Committee will continue to monitor the economic outlook and financial developments and will employ its policy tools as necessary to support the economic recovery and to help ensure that inflation, over time, is at levels consistent with its mandate.

Voting for the FOMC monetary policy action were: Ben S. Bernanke, Chairman; William C. Dudley, Vice Chairman; James Bullard; Elizabeth A. Duke; Sandra Pianalto; Sarah Bloom Raskin; Eric S. Rosengren; Daniel K. Tarullo; Kevin M. Warsh; and Janet L. Yellen.

Voting against the policy was Thomas M. Hoenig. Mr. Hoenig believed the risks of additional securities purchases outweighed the benefits. Mr. Hoenig also was concerned that this continued high level of monetary accommodation increased the risks of future financial imbalances and, over time, would cause an increase in long-term inflation expectations that could destabilize the economy.

So, you are Crazy? What else is new. The FED deposits all US government interest payments into the US Treasury so we can use that money to pay the interst payment the next month and the month after that and so on ad infinitum.

That, podner, means the notes that those payments were made for are in actuality interest free. Think about it for a while and it may be that you brain will finally understand the concept.

I don't take credit for the following quote! I read it on this site awhile ago, basically the same topic.
paraphrasing

"oh joy, everything is fine...fed buys our debt" then one poster says "is that ok...fed buying our debt?"

poster says "oh yes, basically its like this...Wallmart buys everything in there own store, and says sales are up we are doing great!" LOL
that is the kind of thinking the shill has (AND EVERYONE WHO THINKS AS HE DOES)flying his bs flags!!!

So the Fed has the assets to cover the loans to the treasury?

Are you there, Joe?

I mean, before you loan money you need money or assets, right?

Are you there, Joe?

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NOT according to the shill it will just go away....lol

welKome to tHiRD wOrld AmeriKa!

The shill is now on the other pinned fed post, lol

I appreciate your patience with me Joe, but I don't understand why the fed would loan trillions of dollars to the treasury at zero interest.

They must have so much that they can afford to give to the treasury for nothing, right?

I wish I was as rich as the fed sometimes.

When all is gone, They will have everything, purchased with bullshit paper..When is this going to stop. Hell, even a dummy can see what the hell is happening here.

Well the agencies dont have to incorporate because they are already operating under the corporation that is the government.

Awesome post though, sing it and bring it!

get the joo

that shill is living in never never land....like never have to pay it back etc.. its just figures...its just computer generated its just numbers.... lol

please ...is this why China and Russia are demanding there be a change to the way the fed operates?
it was posted up here on GLP and I think it was China and Russia demanding we change our ways and someone monitor the U.S. on there ability to print $$$$$$$$ ,,,
BIBLE PROPHECY soon we will see a one world leader

Very well could be some bible prophecy. Also alot of Nov doom predicted and this announcement might be the start of a very interesting month. Right now the dollar is all over the place, lol.

[link to quotes.ino.com]

You sort of said what I said.

The Feds also buy mortgages and if the owners can't meet their payments the banks and the Fed's own the home.

REAL ESTATE -- REAL ASSETS

The Feds turns the National Debt into National "assets" Wealth.

This annnouncement comes after the presidential address ...before/ during an exodus of 200 CEO's and others on the way to INDIA to discuss ''business'' per the presidential address.

I have said it before I will say it again O&G run the fed. O&G traders run O&G.

I wonder who will be accompanying the president that needs that kind of security that DWARFS the presidents' own?

The real kings of the Earth are going to meet the very real powers on Earth.

My .02

The FED has nationalized the money supply. Call me crazy, but a VERY deflationary move, imho.

But look at the risk the fed takes.
They've earnt those homes.

I for one welcome our new Chinese overlords

Yesterday,tens of millions of Americans voted for the party that supports giving international corporations huge tax breaks or, outright tax exemptions.The semi private ''FED'' is ''at least in part'' ownend by those same international corporations !
The real problem here is not that our money is ''fiat,''but the fact that our money is printed and placed in circulation, by private enities concernend primarly with their own private profits.Those same private enities also own our government,and in reality, they are our government !

To sum it up,we are a nation that is owned by a small handfull of private elitists;and yesterday,millions of Americans voted to keep it that way.

Actually, when taking his commentary up against the likes of yours he seems like the biggest NON-tard on here!

Seriously, all you doomsayers post links to PM true believers who have been crying "the sky is falling" for decades, fringe wierdos, guys with newsletters to sell and nonsense sites like shadowstats and zerohedge (the GLP of financial reporting) and so on.