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01-12-2010, 05:02 PM #1
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Shell Game:Federal Reserve Funds 91% Of 2009 U.S. Deficit
The Ultimate Shell Game: The Federal Reserve Funds 91% Of 2009 U.S. Deficit
Zero Hedge
January 12, 2010
In the current hodge podge of abstract finance, it is easy to get lost in the numbers and lose sight of the forest for the trees. Which is why we provide the ultimate simplification: In calendar (not fiscal) 2009, the US grew its budget deficit by $1.47 trillion. In the same time, the Federal Reserve grew its securities holdings from $500 billion to $1.85 trillion, a $1.34 trillion increase. Keeping it simple: 91% of the budget deficit increase in 2009, under the authority of President Obama, was funded by theā¦ United States.
http://www.infowars.com/the-ultimate-sh ... s-deficit/Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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01-12-2010, 05:30 PM #2
Thank you! We are ready to roll.
05-01-2024, 02:07 PM in illegal immigration Announcements