Thursday, March 29, 2012

Fed Bought 61 Percent of US Debt

Financing government through the printing press has always been the method of last resort employed by desperate governments. With 45 million people on food stamps the virtual soup lines grow longer than ever. If we are in an economic recovery, then I guess the liberals are right and 2+2 does not equal 4. And there is such a thing as a free lunch.
WSJ: Fed Buying 61 Percent of US Debt:: www.moneynews.com/Headline/fed-debt-Treasury/2012/...8AA-1
http://chumly.com/n/1213e76

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