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

 
Anonymous Coward
User ID: 1151334
United States
11/03/2010 04:19 PM
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Re: FED To Buy $500 billion to $1 trillion in government debt
The Fed's big gamble: Here's what could go wrong

yorkie 3 minutes ago

this is just the beginning. Does the name Robert Mugabe mean anything to you? It should.[color=red] The United States is now instituting policies that Mugabe instituted in Zimbabwe. If you don't know what happened in Zimbabwe when Mugabe began monetizing debt, by all means do the the research yourself and find out exactly what occurred.

the Fed is a semi private central bank that illegally creates fiat currency that has no backing other than the coercive power of government. The Federal Reserve is also no more a Federal agency than Federal Express would be considered.

If you go to the Fed's own website, whether it be the Fed in Atlanta, New York, San Francisco or Dallas..it says right on its' monogram..Federal Reserve Bank Incorporated..established May 18, 1914. I don't know about you, but I don't know of any government agency that is incorporated.

The Fed is in place so the government can borrow an unlimited amount of money at any time to finance its reckless spending projects. Whether they be a war, social programs or bailouts like we witnessed in 2008. The government likes the fed because they can then spend far more than they take in from taxes on various programs that we can't afford as a country or on the expansion of the American Empire under the guise of spreading freedom and democracy around the globe. By being in place, we the people, then pay back for their reckless spending, thru the hidden tax of inflation. If you learn nothing else, understand that inflation is, in fact, a tax!

If the Fed did not exist. And the congress can end the fed at any time, they created it by passing the Federal Reserve Act in 1913. Then the government would have to "ask" the american people to pay for any project in the form of direct taxes. A certain amount per family per year. We also would no longer have to pay a semi private company interest in order to finance our own government.

I sincerely hope americans wake up and wake up soon. Unfortunately, time is running



Yes I think our time is done. I am betting it will be about a trillion at 100 billion a month or more. The only reason I say this is cause yahoo has been pretty right here lately.
Not cause they are a great news site, but because they are controlled by the TPTB. Hope everyone has prepared.




It's not just the FED, although they are crooks, too.

Read this:

[link to warriorsonce.com]


and go here:


[link to publicintelligence.net]

to see how deep it is. Look at the corporations, banks, etc. involved here. You know all of the politicians are invested deeply in this being successful.

Now, go here and watch this:

[link to newzeal.blogspot.com]


This country ceased to exist many years ago. We were sold out by our government a long time ago, without our consent or knowledge.

Welcome to the New World Order.


rant
 Quoting: Anonymous Coward 1151334


sorry, missed a link.
BigNutChuck  (OP)

User ID: 1149035
United States
11/03/2010 04:25 PM

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Re: FED To Buy $500 billion to $1 trillion in government debt
Dollar dropping since fed announcement.

[link to quotes.ino.com]

Gold and silver back up to where they started the day before they fell.
Rather die standing than live kneeling
Anonymous Coward
User ID: 1135384
United States
11/03/2010 04:25 PM
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Re: FED To Buy $500 billion to $1 trillion in government debt
Why are central banks such as the fed needed again?

Very simply, the FED is not like most central banks. Still there is the need to finance economic corrective matters to prevent Depressions in a country. The FED was born because the US was incapable of dealing with Depressions. Now that we have the FED independent of the US government (but pledged to support same), the US can deal with strong negative economic moves. It took the US a while to learn how to use the tools that the creation of the FED gave us, but now it appears to be working. We have managed to hold off the potentially greatest economic Depression in world history in the past three years because of FED action.

God Bless Bernanke!

The system works. It is not absolutely perfect, but it sure beats what we had before the FED was created just prior to WWI. Because of the FED we were able to finance our war expenditures in that war.

God bless the FED.

The pathological liars on this forum will repeatedly lie and say the FED prints money. It does not. The Treasury does. The Treasury also prints the Bonds and short term Notes that the government uses to fund deficit spending.

The FED buys those notes and bonds to keep the interest rate on them low. Any Note or Bond that the FED buys is essentially interest free to the US government. That is a damn good deal. DAMN GOOD!

How much money can the US government borrow if it is interest free borrowing??????

That is right. The amount is unlimited.

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. We can just roll over the debt.

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


Well I'll tell you what asshole, and you are an ASSHOLE - just keep paying your FICA and your Social Security, and let us know how all that works out for you, when you retire.
Anonymous Coward
User ID: 1010900
Canada
11/03/2010 04:25 PM
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Re: FED To Buy $500 billion to $1 trillion in government debt
[link to finance.yahoo.com]

Great investment, the Fed's are gonna make a small profit (interest) and the White House could use that profit to help pay for Public programs.

peace

You are sort of on track.

The FED takes the interest the the US Government pays on the bonds and notes and deposits it in the US Treasury. We are free next month to use it again to pay that month's interest.

Thus, you see, we really do not pay interest on the Bonds and Notes when the FED owns them. Best damn system in the world.

The private FED bank corporation directs the US Treasury to PRINT money to buy said Bonds and Notes. So who actually buys them ? You and I through inflation. Washington's war debt is being placed on the American's by an inflation tax. This could lead to Zimbabwe style inflation here and abroad where USD are used.
 Quoting: Anonymous Coward 1150736

Nah, nah, the Feds buy the bonds and US gov uses that money to buy-up real estate and lands in the form of purchasing mortgages assets. They also buy-up shares of corporations through bail-outs.

Feds buying up the USA -- subtle form of communism!

The Feds are gonna end up owning all the US assets and the President that sits at WH is not only the commander of the armies but the CEO of the Republic, or should I say the Union.

What a great system...

GO USA

hf
Anonymous Coward
User ID: 1010900
Canada
11/03/2010 04:38 PM
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Re: FED To Buy $500 billion to $1 trillion in government debt
[link to finance.yahoo.com]

Great investment, the Fed's are gonna make a small profit (interest) and the White House could use that profit to help pay for Public programs.

peace



You are sort of on track.

The FED takes the interest the the US Government pays on the bonds and notes and deposits it in the US Treasury. We are free next month to use it again to pay that month's interest.

Thus, you see, we really do not pay interest on the Bonds and Notes when the FED owns them. Best damn system in the world.



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.

peace



But look at the risk the fed takes.
They've earnt those homes.
 Quoting: Anonymous Coward 1149523

Risk? What risk?

They print money with a little bit of green ink and some cotton paper, what risk?

I wish I could buy homes by printing money.

I too would be risky in business and have people like you applaud my ventures and accomplishments.

peace
Anonymous Coward
User ID: 1010900
Canada
11/03/2010 04:40 PM
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Re: FED To Buy $500 billion to $1 trillion in government debt
.


The FED (a private bank) buys treasuries with phoney printed money and then has the right to collect the interest and principle ("real" money).

Nice work if you can gt it.



.
 Quoting: Anonymous Coward 1150066

The Federal reserve isn't privately owned.

If it were privately owned it wouldn't be called "Federal" it would be called the "Private Reserve" or bear the name of the Owner, like JP Morgan banks or the likes.

But the Federal government and its Reserve are behaving with communistic intentions.

bump hf
Anonymous Coward
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Canada
11/03/2010 04:44 PM
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Re: FED To Buy $500 billion to $1 trillion in government debt
The Fed's big gamble: Here's what could go wrong



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.
 Quoting: Anonymous Coward 1147554



I'd like some info as well... your wasting my time shilling Joe... give us something that sounds logical other than you love of performing fellatio on Ben
Anonymous Coward
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Canada
11/03/2010 04:45 PM
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Re: FED To Buy $500 billion to $1 trillion in government debt
AWESOME BY FROM THE FED'S

The Fed is buying Bonds, US Government Bonds. It doesn't get any safer.

The interest return isn't much, but any profit earned is a profit saved.

And the thing of beauty is that at the end of the bond term the Feds get back the capital they used to purchase the bonds, so its really not a debt, its more like an asset.

The Federal Reserve turns National debts into National assets.

GO USA!

hf



not quite poster...fed is buying bonds because NO ONE ELSE WILL and that is the problem...not china, or any oil rich country wants dollars because the dollar is not the currency reserve in the world anymore...bad thing this printing dollars and buying up your own debt!

bannana republic coming soon!
 Quoting: Anonymous Coward 785805

The Feds are buying the Bonds so the US governement can buy-up the USA and own it like a communist party.

This is why your fore-fathers who wrote the Constitution wanted to limit the actions of the Federal government. But slowly slowly every party that took office be it Democrats or Republicans they all made ratification for this great day in their history where the Republic is just a Republic by name, and the real ratification is that your Constitution is one of Communism.

Welcome to U.S.S.A -- comrade!

peace hf
NINTI
User ID: 1082073
Switzerland
11/03/2010 04:47 PM
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Re: FED To Buy $500 billion to $1 trillion in government debt
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?



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?
 Quoting: JoeNeubarth


LIES! Switzerland has also a FED. Not only U.S.
Anonymous Coward
User ID: 1123488
United States
11/03/2010 04:47 PM
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Re: FED To Buy $500 billion to $1 trillion in government debt
AWESOME BY FROM THE FED'S

The Fed is buying Bonds, US Government Bonds. It doesn't get any safer.

The interest return isn't much, but any profit earned is a profit saved.

And the thing of beauty is that at the end of the bond term the Feds get back the capital they used to purchase the bonds, so its really not a debt, its more like an asset.

The Federal Reserve turns National debts into National assets.

GO USA!

hf
 Quoting: Anonymous Coward 1010900

flag waver flag waver flag waver bounceb
Anonymous Coward
User ID: 1095701
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11/03/2010 04:57 PM
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Re: FED To Buy $500 billion to $1 trillion in government debt
People should start doing their own QE. Really, just photocopy your FRNs and pay your debts off. Just include a note saying your helping the Fed along with the QE. Can it really be illegal if the Fed does it? That would be so awesome if everybody really did this.
Anonymous Coward
User ID: 1150371
United States
11/03/2010 05:01 PM
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Re: FED To Buy $500 billion to $1 trillion in government debt
.


The FED (a private bank) buys treasuries with phoney printed money and then has the right to collect the interest and principle ("real" money).

Nice work if you can gt it.



.

The Federal reserve isn't privately owned.

If it were privately owned it wouldn't be called "Federal" it would be called the "Private Reserve" or bear the name of the Owner
, like JP Morgan banks or the likes.

But the Federal government and its Reserve are behaving with communistic intentions.

bump hf
 Quoting: Anonymous Coward 1010900


BS

DECEPTION at it's finest, call it Federal when it's not, call it a "dollar" when it's not

THAT GOT YOU PROGRAMMED DUDE! WAKE UP!
Anonymous Coward
User ID: 1010900
Canada
11/03/2010 05:03 PM
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Re: FED To Buy $500 billion to $1 trillion in government debt
You know, I really don't mind America becoming a communist country, its rich.

Great infrastructure, clean water, good soil.

I'd move from Canada to the U.S.S.A and never regret it.

The U.S.S.A would provide me with a job, food, medical, home and retirement and all the while living equal with all my American cousins.

YOU GOTTA LUV IT,

GO U.S.S.A -- I MEAN U.S.A!

PEACE, I MEAN, МИР...

hf
Anonymous Coward
User ID: 1010900
Canada
11/03/2010 05:06 PM
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Re: FED To Buy $500 billion to $1 trillion in government debt
BS

DECEPTION at it's finest, call it Federal when it's not, call it a "dollar" when it's not

THAT GOT YOU PROGRAMMED DUDE! WAKE UP!
 Quoting: Anonymous Coward 1150371

Dude, does it say Dollar?
[link to usrarecurrency.com]

peace
Anonymous Coward
User ID: 197848
United States
11/03/2010 05:15 PM
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Re: FED To Buy $500 billion to $1 trillion in government debt
This may set off a rally for gold, imo.
Burt Gummer

User ID: 989406
United States
11/03/2010 05:19 PM
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Re: FED To Buy $500 billion to $1 trillion in government debt
FED To Buy $500 billion to $1 trillion in government debt

[link to finance.yahoo.com]
 Quoting: BigNutChuck



Monetizing the debt.

....the LAST THING the Germans did before the Weimar Republic became and infamous note in our history books.
....wheelbarrows full of worthless money just for a loaf of bread.

putin

Last Edited by Useless Cookie Eater on 11/03/2010 05:21 PM
Anonymous Coward
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11/03/2010 05:23 PM
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Re: FED To Buy $500 billion to $1 trillion in government debt
How is debt monetization even LEGAL?
what the hell?
Anonymous Coward
User ID: 660606
United States
11/03/2010 05:39 PM
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Re: FED To Buy $500 billion to $1 trillion in government debt
My current policy here at Home Inc to get out of my current debt cap is to borrow the Fed/Gov guidelines.

I will write checks to cover checks to cover debt. See, it is real easy ANYONE can do it! It will only take your personal time of opening 1000 checking accounts!!

Buy whatever you wish! Then write checks to cover checks clearing in the other bank account. We can all be rich and spend endlessly!! Woohoooo!!!!


Oh wait.... we go to prison for schemes like this.
Anonymous Coward
User ID: 1071882
United States
11/03/2010 05:45 PM
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Re: FED To Buy $500 billion to $1 trillion in government debt
AWESOME BY FROM THE FED'S

The Fed is buying Bonds, US Government Bonds. It doesn't get any safer.

The interest return isn't much, but any profit earned is a profit saved.

And the thing of beauty is that at the end of the bond term the Feds get back the capital they used to purchase the bonds, so its really not a debt, its more like an asset.

The Federal Reserve turns National debts into National assets.

GO USA!

hf
 Quoting: Anonymous Coward 1010900




i hope your being silly .... becuase if you really believe that shit

your a liberal progressive zombie retard
Anonymous Coward
User ID: 618347
United States
11/03/2010 05:48 PM
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Re: FED To Buy $500 billion to $1 trillion in government debt
Tears of joy.. Being wrong all along the fed care for our needs
Anonymous Coward
User ID: 1150120
United States
11/03/2010 05:53 PM
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Re: FED To Buy $500 billion to $1 trillion in government debt
The Fed's big gamble: Here's what could go wrong

yorkie 3 minutes ago

this is just the beginning. Does the name Robert Mugabe mean anything to you? It should.[color=red] The United States is now instituting policies that Mugabe instituted in Zimbabwe. If you don't know what happened in Zimbabwe when Mugabe began monetizing debt, by all means do the the research yourself and find out exactly what occurred.

the Fed is a semi private central bank that illegally creates fiat currency that has no backing other than the coercive power of government. The Federal Reserve is also no more a Federal agency than Federal Express would be considered.

If you go to the Fed's own website, whether it be the Fed in Atlanta, New York, San Francisco or Dallas..it says right on its' monogram..Federal Reserve Bank Incorporated..established May 18, 1914. I don't know about you, but I don't know of any government agency that is incorporated.

The Fed is in place so the government can borrow an unlimited amount of money at any time to finance its reckless spending projects. Whether they be a war, social programs or bailouts like we witnessed in 2008. The government likes the fed because they can then spend far more than they take in from taxes on various programs that we can't afford as a country or on the expansion of the American Empire under the guise of spreading freedom and democracy around the globe. By being in place, we the people, then pay back for their reckless spending, thru the hidden tax of inflation. If you learn nothing else, understand that inflation is, in fact, a tax!

If the Fed did not exist. And the congress can end the fed at any time, they created it by passing the Federal Reserve Act in 1913. Then the government would have to "ask" the american people to pay for any project in the form of direct taxes. A certain amount per family per year. We also would no longer have to pay a semi private company interest in order to finance our own government.

I sincerely hope americans wake up and wake up soon. Unfortunately, time is running
 Quoting: Is-It-True


Wake up? and do WHAT? in a democracy you have representatives that do your bidding "supposedly" and I can say right NOW that these idiots are as ineffective as the last idiots. Nothing will be done. Nothing CAN be done unless it is done by the government. That is reality.
Anonymous Coward
User ID: 983292
Austria
11/03/2010 05:57 PM
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Re: FED To Buy $500 billion to $1 trillion in government debt
what a surprice.
five seconds after the midterm elections the fed let the mouse out of the hat.

hihihi s226
Anonymous Coward
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United States
11/03/2010 06:13 PM
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Re: FED To Buy $500 billion to $1 trillion in government debt
Heres a message to send to the government and big business, everyone just not go to work tomorrow. Send a message that will make a difference.
Anonymous Coward
User ID: 1150736
United States
11/03/2010 06:48 PM
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Re: FED To Buy $500 billion to $1 trillion in government debt
You know, I really don't mind America becoming a communist country, its rich.

Great infrastructure, clean water, good soil.

I'd move from Canada to the U.S.S.A and never regret it.

The U.S.S.A would provide me with a job, food, medical, home and retirement and all the while living equal with all my American cousins.

YOU GOTTA LUV IT,

GO U.S.S.A -- I MEAN U.S.A!

PEACE, I MEAN, МИР...

hf
 Quoting: Anonymous Coward 1010900

That was the last 60 years. You already missed the gravy train boat. From here on out it's hard times; not communism nor capitalism, rather serfdom. Canada won't be safe either.

There's a lot of USD debt held by other countries. Once that card is played to the fullest a world currency is brought out.
Anonymous Coward
User ID: 1150736
United States
11/03/2010 07:09 PM
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Re: FED To Buy $500 billion to $1 trillion in government debt
link to www.ustreas.gov]

The presenting member stated that the market expects the Federal Reserve to purchase $100 billion per month, as well as $30 billion per month in MBS reinvestments. This will total $1,560 billion in Treasury purchases over the next year. The member stated, however, that market participants believe the Fed will leave the status of QE2 open ended, with purchases ultimately dependent on economic conditions. The presenter also noted that the program should last six months to two years.
Tango

User ID: 1151587
Netherlands
11/03/2010 07:23 PM
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Re: FED To Buy $500 billion to $1 trillion in government debt
I am watching the dollar, oil, gold and silver.

Here is some links for the dollar.
Anyone got better ones please post.

3Day
[link to quotes.ino.com]

1Day
[link to quotes.ino.com]

Be interesting to watch the next few days after the fed Announcement
 Quoting: BigNutChuck

monetizing our own debt is the weimar effect on the dollar it is just a matter of time. As the dollar continues to drop in index of value soaring prices on the shelf will be the cost of the citizen.
Anonymous Coward
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11/03/2010 07:52 PM
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Re: FED To Buy $500 billion to $1 trillion in government debt
Nothing more than a ponzi scheme.

In fact, I think I'll setup my own little Treasury and "Federal Reserve", in this case, made out of legos.

The Treasury sits over here, and it prints money. Then it "sells" that money to the Fed, over here, made with orange and red lego blocks. Then it barrows that money back, while the Fed collects interest from the Treasury on the very money the Treasure just printed.
Anonymous Coward
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United States
11/03/2010 08:16 PM
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Re: FED To Buy $500 billion to $1 trillion in government debt
 Quoting: BigNutChuck



this should PROVE that the Federal Reserve is a privatly owned institution that is just making money off of our money as a middle man...
Anonymous Coward
User ID: 1146148
United States
11/03/2010 08:49 PM
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Re: FED To Buy $500 billion to $1 trillion in government debt
so what you're saying is, the fed and the government aint the same thing? that they're two separate body of our country? don't our tax dollar pay for the FBI and the CIA? if our tax dollar pays for both the fed and the gov't then wtf?
Burt Gummer

User ID: 989406
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11/03/2010 08:55 PM
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Re: FED To Buy $500 billion to $1 trillion in government debt
so what you're saying is, the fed and the government aint the same thing? that they're two separate body of our country? don't our tax dollar pay for the FBI and the CIA? if our tax dollar pays for both the fed and the gov't then wtf?
 Quoting: Anonymous Coward 1146148



"The Government" is PUBLIC entity.

"The Federal Reserve" (The Fed) is a PRIVATE FINANCIAL COMPANY!

....believe it or not.....and THAT is part of the problem...it's a corrupt FRONT for the bankers and elitists.

[link to www.globalresearch.ca]

[link to www.economywatch.com]

Last Edited by Useless Cookie Eater on 11/03/2010 08:56 PM





GLP