All this talk about the Fed and Obama...

[uscitizen]

You all do realize that the federal Reserve is not a government organization don't you?
It is essentially a banking corporate cartel.
It makes money off of the debt. All the money the govt borrows from the fed it has to repay with interest.

 

[Amazed]

You do know that there was no monetization under Bush?

 

[uscitizen]

Monitization? You mean QE? If so yes there was.
But that is off topic for this thread.

 

[Quantum Windbag]

You all do realize that the federal Reserve is not a government organization don't you?
It is essentially a banking corporate cartel.
It makes money off of the debt. All the money the govt borrows from the fed it has to repay with interest.

Don't tell Polk, he thinks that politicians run it because they appoint the people that run it.

 

[Amazed]

Monitization? You mean QE? If so yes there was.
But that is off topic for this thread.

Educate yourself.

Under Bush China was still buying the bonds, they quit and so did everyone else.

Under Obama the Bonds are issued and the Fed prints money to buy yhtem and THAT'S what QE now means....educate yourself.

 

[bobcollum]

You do know that there was no monetization under Bush?

In other unrelated news, I just noticed I've developed a hole in a sock I'm wearing.

 

[Rocko]

You all do realize that the federal Reserve is not a government organization don't you?
It is essentially a banking corporate cartel.
It makes money off of the debt. All the money the govt borrows from the fed it has to repay with interest.

The Fed is only technically not the government, but practically are. That's why U.S. presidents appoint the chairmans.

 

[Amazed]

You do know that there was no monetization under Bush?

In other unrelated news, I just noticed I've developed a hole in a sock I'm wearing.

Another uneducated bumpkin, surely we've exceeded our quota by now.

 

[uscitizen]

Monitization? You mean QE? If so yes there was.
But that is off topic for this thread.

Educate yourself.

Under Bush China was still buying the bonds, they quit and so did everyone else.

Under Obama the Bonds are issued and the Fed prints money to buy yhtem and THAT'S what QE now means....educate yourself.

So no one has bought our treasury bonds since Bush went out of office?

 

[bobcollum]

You do know that there was no monetization under Bush?

In other unrelated news, I just noticed I've developed a hole in a sock I'm wearing.

Another uneducated bumpkin, surely we've exceeded our quota by now.

Yes, your statement was far more informative.

<----2 in a row for you

 

[Amazed]

Monitization? You mean QE? If so yes there was.
But that is off topic for this thread.

Educate yourself.

Under Bush China was still buying the bonds, they quit and so did everyone else.

Under Obama the Bonds are issued and the Fed prints money to buy yhtem and THAT'S what QE now means....educate yourself.

So no one has bought our treasury bonds since Bush went out of office?

China did not quit buying until Obama started spending too much, they warned him and he didn't listen.

We have been buying them ourselves since, its called "monetization".

We don't have the money to do it so the Fed prints it.

Serioulsy, you can find it if you want to know the truth.

....and if Romney does it in 2013 I'll be against it then too.