Monday, June 11, 2012

Obama & the Democratics ... crushing America


(CNSNews.com) - Since President Barack Obama was inaugurated in January 2009, the Federal Reserve’s holdings of U.S. government debt have quintupled, according to the Fed’s official monthly balance sheet.

On Jan. 28, 2009, a week after Obama’s nomination, the Fed owned $302 billion in U.S. Treasury securities. On April 25, 2012, the latest date reported, the Fed owned five and a half time that much in U.S. Treasury securities--$1.668 trillion. 

That is an increase from January 2009 of $1.366 trillion—or 452 percent. More here:

Hmmm, you mean we're buying our OWN bonds (debt) instead of selling them to China, Japan, etc?  

I guess that's ok, right?   I mean, what's the difference?  Hey, is it ok if I vote?  Where's the booth?

LMAO @ the "Democratics" are crushing America ... unbeknownst to the average American.  And when they're done, they'll blame it on capitalism and the the sheep will follow right along.  Because there are SOME people who can't appreciate the idea of freedom until they've been enslaved for a few generations.  And those people get to vote too.

1 comment:

ragweed said...

yes but they are creating all kinds of jobs, or at least I heard them say it on the radio today so it has to be true.

Post a Comment