Randy (29 March 2012)
"Article: FED Buying 61 Percent of US Debt......not good...."


http://www.moneynews.com/Headline/fed-debt-Treasury/2012/03/28/id/434106?s=al&promo_code=E8AA-1
 
Question:  Where does the Federal Reserve GET the money to buy US Debt offereing???????
 
Answer:   They just write a check.
 
Question:  Against WHAT account???   They HAVE no assets....
 
Answer:   It's like you and I using a VISA card to pay the balance on our Mastercard!!!!!!!!!!!!!!!!!!!!!!!!
 
It just creates a LOAN balance......ANOTHER loan balance.......  it's a HOUSE OF CARDS!!
 
Good article.....
 
WE (the US Taxpayers) ARE SCREWED!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
 
But then, we already knew this, right??
 
Just wait for the next big hit in the stock market........THIS (along with Europe/Greece/etc)  will be the reason.
 
TICK TOCK....
YFIC,
Randy
 
PS......Boy, I DO HOPE the Rapture is this year, 2012.....Rosh Hashanah at the latest!!!  This spring would be even better!!