"and to the blind, recovery of sight, to send forth the oppressed in deliverance"


And the SPIRIT of GOD moved over me, then came the WORD of GOD, then thereupon the TIME on the CLOCK read, "2:29 am" and GOD wrote the following:





And then the SPIRIT of GOD moved over me, then came the WORD of GOD, and the TIME on the CLOCK read, "2:31 am" and GOD wrote the following:





DECLARE your COVENANT
Please hear my plea for you to declare your covenant, I am the doorstep, I am the stumbling block.
https://nesaranews.blogspot.com/2020/04/remembered-disciples-of-him-that.html


And then the SPIRIT of GOD moved over me, then came the WORD of GOD, then thereupon the TIME on the CLOCK read, "2:42 am" and GOD wrote the following:


Thursday, March 29, 2012

Federal Reserve Buying 61 Percent Of U.S. Debt and Euro Debt, too

The Rumor Mill News Reading Room 

Federal Reserve Buying 61 Percent Of U.S. Debt and Euro Debt, too
Posted By: Susoni [Send E-Mail]
Date: Thursday, 29-Mar-2012 11:35:00

This is the worst economic news I've read in over a year. The privately held Federal Reserve is printing worthless Federal Reserve Notes as fast as they can (or as fast as they can create worthless fed notes with computer key strokes) to secretly buy up hundreds of billions in European debt, and now is buying most of our nation's debt! China, Japan, Singapore, and other lender nations are afraid to loan us any more money. Don't hold your breath waiting for the Main Stream Media to tell you this horrible news!...
Susoni
***************************************************
The Federal Reserve is propping up the entire U.S. economy by buying 61 percent of the government debt issued by the Treasury Department, a trend that cannot last, Lawrence Goodman, a former Treasury official and current president of the Center for Financial Stability, writes in a Wall Street Journal opinion article published Wednesday.
"Last year the Fed purchased a stunning 61 percent of the total net Treasury issuance, up from negligible amounts prior to the 2008 financial crisis," Goodman writes.
Goodman also warns that U.S. economy and markets are "at risk for a sharp correction" if conditions aren't "normalized."
"This not only creates the false appearance of limitless demand for U.S. debt but also blunts any sense of urgency to reduce supersized budget deficits."
The U.S. government is growing increasingly more dependent on borrowing to finance itself, with net issuance of Treasury securities hitting 8.6 percent of gross domestic product (GDP) on average per annum, more than double levels before the crisis.
Fed intervention in the government debt market makes demand for Treasury bonds appear higher than it really is, as foreign creditors and other investors have fled U.S. government debt instruments and are looking elsewhere until the government makes serious attempts to curb spending and narrow its gaping deficits.
Goodman notes that foreign investors like Japan and China that once scooped up U.S. debt are shunning it. In 2009, such foreign purchases of U.S. debt amounted to 6 percent of GDP and has since falled by over eighty percent to a paltry 0.9 percent.
Without foreign buyers and a shrinking base of U.S. corporate and bank buyers, the Treasury has had to resort to the Federal Reserve itself to make the purchases. The Fed purchasing not only makes up the shortfall, but can keep long term interest rates artificially low.
"The Fed is in effect subsidizing U.S. government spending and borrowing via expansion of its balance sheet and massive purchases of Treasury bonds. This keeps Treasury interest rates abnormally low, camouflaging the true size of the budget deficit," Goodman writes.
"Similarly, the Fed is providing preferential credit to the U.S. government and covering a rapidly widening gap between Treasury's need to borrow and a more limited willingness among market participants to supply Treasury with credit."
Political bickering on both sides of the aisle has prevented politicians from cutting spending and undertaking fiscal reform.
Arguing over the role of tax hikes versus spending cuts hit a fever pitch in 2011, when both sides in Congress waited until the last minute to agree to terms surrounding lifting the government's debt ceiling.
Should fiscal bickering return, expect investors in U.S. debt who are not employed at the Federal Reserve to take note, other experts say.
"If people dig in, the polarization will get worse, and that could be the worst outcome for markets," says Eric Stein, vice president and portfolio manager at Eaton Vance in Boston, according to Reuters.
http://www.moneynews.com/PrintTemplate?nodeid=434106

8 comments:

Anonymous said...

sure looks like they are going away

Fitz said...

Sorry, I don't believe a word of this. The Federal Reserve doesn't have any clout, anymore and, no one in the world wants their paper and ink and, anything that you see in the media to the contrary is an out and out lie....in time, you will see that to be true.

Anonymous said...

John check this out!!! Please post!
http://www.wnd.com/2012/03/obama-impeachment-bill-now-in-congress/

princesirki2012 said...

ATTENTION: U.S. CORPORATION AND PRIVATE THIEVES!
THUS FAR SHALL YOU GO AND NO FURTHER! I OWN ALL THE GOLD AND ALL THE SILVER, AS WELL AS ALL THAT IS! AND I GIVE IT TO WHOMSOEVER I WILL! ALL OF YOUR ATTEMPTS TO DEFRAUD MY PEOPLE ARE LIKE SOWING TO THE WIND, AND YOU SHALL INSTEAD REAP THE WHIRLWIND! I AM EVEN NOW CAUSING MY WIND TO BLOW, AND IT SHALL BLOW AWAY YOUR PLANS LIKE CHAFF FROM THE WHEAT, AND YOU SHALL BE LEFT HOLDING A BAG WITH HOLES IN IT! CONSIDER YOUR WAYS! YOU LOOKED FOR MUCH, AND BEHOLD, IT CAME TO NOTHING, AND WHEN YOU BROUGHT IT HOME, I BLEW UPON IT! WHY? BECAUSE OF MY EARTH, MY HOUSE, THAT YOU HAVE LAID WASTE, AND NOW YOU SEEK TO ESCAPE THROUGH YOUR CONTINUED LIES AND DECEIT OF MY PEOPLE! THEREFORE, THE HEAVEN ABOVE YOU CONTAINS NO DEW, AND THE EARTH BELOW YOU HAS CEASED TO BEAR FRUIT! FOR I HAVE CALLED FOR A DROUGHT UPON YOUR LAND, AND UPON YOUR HOMES, AND UPON YOUR FOOD AND YOUR WATER, AND UPON YOUR OIL, AND UPON YOUR STOREHOUSES, AND UPON YOUR LEADERS, AND UPON YOUR GOVERNMENTS, BECAUSE OF YOUR GREED AND ABUSE OF MY LAW AND MY PEOPLE!

Anonymous said...

Where is our Congress and Executive to stop the insane issue of more debt to buy debt? Add more names to the arrest list... Call up the de jure Grand Juries- they have lots of work to do.

Dan said...

How many government officials, even foreign ones, don't understand that this is just a CON GAME with the Federal Reserve later to have US pay back with actual GOLD and SILVER.

Maybe I should set up a corporation that competes with the Federal Reserve and have the We The People have ownership of the paper currency.

Anonymous said...

Greetings princesirki2012,

I do feel a strong resonation,Inspiration that flows through Your perceptional field of love n light. Thank You for sharing your Awareness with Us All.Would you Please commit if inclined concerning ,,, The book The keys of Enoch,Book of Knowledge,,,, which co-insides with some of the channells comming through via the Galaxtic Federation of Light,,,that in the near future many will be offered a opportunity too move to safe areas for the Emergence of Mother Earth into the 5 th dimension,,for the EArth must cleanse herself ,,I understand the ejection of neural matter and the reformation of land masses is at hand as the earths core is heating up and shes changing as are WE. Being able to release all fear and the attachment too worldly goods is a condition that will be need to be met by those wishing to be on the New Earth.
Any insight princesirki would be Welcome!

Namaste


love n light

Eugene

Anonymous said...

have you guys not heard. its over the BRICKS nations news . They are starting to create a new currency soon.They have had enough of the EU and US currency problems. Do you blame them. They are sick of propping them up and get no voting powers for 40% of the worlds population. The 1944 brettonwood agreement was for sixty years for the US Fed to help make all nations of this world prosper.It didn't happen. IMF has no power because it hasn't got a Charter since 1995.At least the BRICKS nations have a cleaner slate so to speak and is backed by many minority nations.That is why OPEC are playing their same old dirty tricks again. You can teach an old DOG new tricks!