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Working on the last $8k! Let's get 'er done! Thank you very much for your loyal support, Jim

Or by mail to: Free Republic, LLC - PO Box 9771 - Fresno, CA 93794
Free Republic 4th Quarter Fundraising Target: $88,000 Receipts & Pledges to-date: $80,132
Woo hoo!! And now over 91%!! Less than $7.9k to go!! Thank you all very much!!

Keyword: ustreasurysecurities

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  • Top Customer: Under Obama, Feds Holdings of U.S. Debt Have Jumped 452%

    06/10/2012 8:41:41 PM PDT · by Beave Meister · 33 replies
    CNSNews.com ^ | 6/7/2012 | Terence P. Jeffrey
    (CNSNews.com) - Since President Barack Obama was inaugurated in January 2009, the Federal Reserves holdings of U.S. government debt have quintupled, according to the Feds official monthly balance sheet. On Jan. 28, 2009, a week after Obamas nomination, the Fed owned $302 billion in U.S. Treasury securities. On April 25, 2012, the latest date reported, the Fed owned five and a half time that much in U.S. Treasury securities--$1.668 trillion. That is an increase from January 2009 of $1.366 trillionor 452 percent. Under Obama, the Federal Reserve has become the single largest owner of U.S. government debt. When Obama entered...