I never knew this.....until I read Winifred Hahn's article I quoted in my other post today. 

 

The quote below is from this website:

http://www.federalreserve.gov/pubs/frseries/frseri3.htm

 

Federal Reserve Banks generate their own income, primarily from interest earned on government securities that are acquired in the course of Federal Reserve monetary policy actions.

 

(A secondary source of income is derived from the provision of priced services to depository institutions, as required by the Monetary Control Act of 1980. )

 

Federal Reserve Banks are not, however, operated for a profit, and each year they return to the U.S. Treasury all earnings in excess of Federal Reserve operating and other expenses.

 

My comments:

In essence then.......the US ALREADY DOES NOT.......NOT!!......   pay interest on the US Government Bonds held by the federal reserve bank!!!

 

HOLY COW!!!!!!!!!!!!!!!!!!!!!

 

SOOOOO........ why WOULDN'T THE US Government want the Federal Reserve Bank to buy up AS MUCH US BONDS AS THEY CAN?????????????/

 

ANSWER:   (Answered with a question)

 

ISN'T THE FEDERAL RESERVE BANK.....ALREADY....DOING....THIS???????  NONE of the guys in the Obama Administration (Bernanke / Geitner)  seem to care AT ALL about how much bonds the Fed Bank is buying up!!!  THINK ABOUT IT!! 

 

AHA!!    The cat is out of the bag!!!!!!!!!!!!      The people running Washington have ALREADY figured out that having the Fed Bank buy up US Debt ....... IS NOT  A PROBLEM!!

 

LOL>........Unbelievable!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!    

 

TICK TOCK............

 

(The Roman Empire would have been PROUD of US!!!!)

 

YOu can almost hear the system IMPLODING NOW......can't you??  

 

BOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOM

 

YFIC,

Randy 

 

PS......

 

So....

1) The moral fall off the cliff....is well under way...

2)  The fall off the FINANCIAL CLIFF......is well under way......

3) And there will be signs in the earth........ (earthquakes......tsunamis.........  wild weather...)

and

4) There will be wars and rumors of wars......

 

Dear GOD.......how is that EVERYONE CANNOT SEE what is happening?????

 

The Dominoes....are ALL......LINED...UP!! 

 

I am truly GLAD that I am

1) A SAVED Christian.......saved ONLY AND FOREVER by what Jesus Christ did for ME.....for US.....on the cross

 

and

 

2) That God has taught me about the End Times and the SOON Return of Jesus Christ in a PRE-Trib Rapture, followed by a 7 year Tribulation

 

I CAN'T WAIT!!!!   

  

ONE: Obama would win RE-election

 

TWO: The Middle East BLOWS UP -     Israel and/or the United States MUST go after IRAN in 2013.....YES?

 

and

 

THREE:   As the Middle East blows up, somewhere around that time, the RAPTURE HAPPENS?

 

ONE / TWO / THREE.....will it be in 2013?   

 

Will it be BEFORE Rosh Hashanah, 2013 in early September>

 

Will it begin in March, April, May...2013??? 

 

We shall see!!