All this talk about the Fed and Obama...

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.

 

You do know that there was no monetization under Bush?

 

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

 

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

 

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.

 

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

 

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

 

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

 

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

 

Yes, your statement was far more informative.

<----2 in a row for you