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 Success Obama Style #10Posted by ljhog Thanks to the leadership and forsight of one BH Obama China in now no longer the single largest holder of U.S. debt.  on 6/11 at 12:23 pmUnder Obama, the Federal Reserve has become the single largest owner of U.S. government debt. When Obama entered office, entities in the People’s Republic of China were the largest holders, followed by entities in Japan. At the end of January 2009, China owned $739.6 billion in U.S. government debt and Japan owned $634.8 billion. 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. China’s holdings of U.S. debt has grown to $1.1699 trillion and Japan’s holdings have grown to $1.083 trillion. Good things ahead. Bay-rock da main! Reply • Back to Top |
So long as women with children can be proud of the USA because Obama's black ... that's all that really matters.  Reply • Back to Top |
| Shhhh. It's not really debt. We're just leveraging our future to make sure that everyone is equal in the future. And by "equal" I mean that it won't matter how hard you work or don't work we'll all be equally dependent upon the federal government. Reply • Back to Top |
| So the Fed prints some bills, digitizes some faux currency, and buys debt with currency that is losing value. Biggest ponzi scheme of all time. Reply • Back to Top |
| When this thing crashes, and a lot of good people lose their lives in the aftershocks of malfeaseance ...just WHAT manner of accountability should those who have been steering the ship be held to? Should somebody stand up and put a little bug in the ears of those like Bernacke who seem oblivious and who just assumes that they won't be affected. Yall think there would be a tad more honesty and transparency if they KNEW the were going to have to explain their action, and be judged? French revolution version? This is flat out BS!  Reply • Back to Top |
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Posted by CamdenTiger on 6/11 at 8:01 pm to RCDfan1950 Dde, they don't give a shite about you, or me, or other people's lives....There's an election coming up, c'mon...Reply • Back to Top • Refresh |
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on 6/11 at 12:25 pm to 
on 6/11 at 12:54 pm to