More and More.........the next 18 months (March 2014 to Sept 2015) look very interesting.

 

 

This article presumes (after the next  crash.....caused by US Government buying it's own debts.....like MANY other Governments!!)......

 

that "looking back on this crash we should have SEEN IT COMING.  The facts were all there.  Were we really that stupid?"

 

And the answer is.....YUP.....we WERE that stupid!!  LOL...

 

At least our government leaders were......and by election, so then were the people who voted them into power and did NOT do a better job of holding them accountable for letting so much National Debt get on the books. 

 

  http://www.cnbc.com/id/100609988

 

 

The article mentions something I have been KEYING IN ON for a couple years now:  You have seen my posts for 2 years now:

http://www.fivedoves.com/letters/dec2012/randy1231-2.htm    

 

1) The Fed Reserve Bank's annual profit has INCREASED over 500% since they first started buying up US Bonds, simply by PRINTING MONEY!  Now, its over $80 Billion

 

2) Each year, the Fed is required by LAW to give its profits BACK to the US Government (US Treasury)

 

This article above says "The Fed magnanimously turned over most of those profits to the Treasury every year. Media editorials congratulated the wise men for their financial acumen and their sterling sense of responsibility.

 

I first became aware the Fed was giving back their profits with my post of 12/31/2012!    I said:

 

In essence then.......the US ALREADY DOES NOT.......NOT!!......   pay interest on the US Government Bonds held by the federal reserve bank!!!  (Added.....why?   Because they GIVE IT BACK!!)

 

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) and again, it says:

 

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!!

 

COMMENT:  Read the top article link:  This is looking BACK from 2016 on a potential crash in 2015.    

 

 "looking back on this crash we should have SEEN IT COMING.  The facts were all there.  Were we really that stupid?"

 

Come on.......EVERYONE KNOWS this growing US Debt of $16 Trillion can NEVER BE PAID BACK!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

 

Tick Tock....

YFIC,

Randy