"Quote from: cypherdoc on June 29, 2011, 05:13:29 am

"Quote from: BubbleBoy on June 29, 2011, 11:28:27 pm

Up until recently most of the money printed by the federal reserve went indirectly to the government. Recent bailouts made it about 50-50. In 2011 the fed is accumulating govt. debt like there's no tomorrow.
[/quote]

 Bankers are evil alright, but it's still your lawfully elected representatives that take the cake.
deception, deception."

[/quote]


Since a few years the Treasury has found it increasingly difficult to sell bonds on the market, and the Federal Reserve is the primary purchaser. In February this year the Fed became the single largest holder of Treasury Bonds. However, the "lawfully elected representatives" are puppets on a string, obeying their monetary masters, while in no doubt also benefitting economically themselves.

http://www.ft.com/intl/cms/s/0/120372fc-2e48-11e0-8733-00144feabdc0.html#axzz1QkoEpeW4