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To: PieterCasparzen
This sounds like a way for Obama to hide vast purchases of US debt by the Chinese and a way for the Chinese to effectively buy the US government without headlines.
3 posted on 05/21/2012 1:30:40 PM PDT by Truth29
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To: Truth29
The Chinese were doing that, and got caught in 2009. That's one of the reason they have this direct relationship now.
4 posted on 05/21/2012 1:34:44 PM PDT by Theoria (Rush Limbaugh: Ron Paul sounds like an Islamic terrorist)
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To: Truth29

This sounds like a way for Obama to hide vast purchases of US debt by the Chinese and a way for the Chinese to effectively buy the US government without headlines.
+++++++++++++++++
I don’t think so. China has increased their holdings of U.S. debt very little while Obama was running up $5 trillion in deficits. It’s not the Chinese funding our $16 trillion in debt. I personally think it is the Fed.


5 posted on 05/21/2012 1:39:36 PM PDT by InterceptPoint (TIN)
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To: Truth29; All

A Chinese company bought the AMC movie theater chain today.

I don’t want to get your conspiracy antenna in an uproar, though.

IMHO, it’s about keeping them happy at this point. They avoid paying any markup by primary dealers, plus the idea that their purchases are less known. It doesn’t cost the cash-starved Treasury anything to speak of to provide the service.

The operation twist which replaced short term with long term borrowings, IMHO, also shows an underlying need to keep feeding the starving Congress beast cash in exchange for IOU’s that are becoming increasingly difficult to sell.


10 posted on 05/21/2012 3:02:56 PM PDT by PieterCasparzen (We have to fix things ourselves.)
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