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Are Foreign Purchases of U.S. Treasury Bonds Being Faked?

Submitted by JoeDanger on Thu, 09/17/2009 - 19:27

Daily Paul Liberty Forum

Some writers, such as Rob Kirby and Ellen Brown, go much further, alleging that Bernanke and the boys have also used hedge funds in the Cayman Islands to secretly buy huge sums of U.S. treasuries using dollars printed by the Federal Reserve, while pretending that independent "Caribbean banks" are doing the buying.

http://www.washingtonsblog.com/2009/09/is-treasury-faking-fo...

Uncle Ben?

Submitted by Jive_Dadson on Thu, 09/17/2009 - 20:42. Permalink

If he was doing stuff like that, he would be afraid of getting audited.

—

Ĵīɣȩ Ɖåđşŏń

"Fully half the quotations found on the internet are either mis-attributed, or outright fabrications." - Abraham Lincoln

This is the

Submitted by dducks on Thu, 09/17/2009 - 20:41. Permalink

reason for the recent half a trillion in liquidity swaps with foreign central banks. The Fed merely gives the banks money and they buy US Treasuries with the doe. Here is Rep. Grayson questioning Bernanke on the issue.

http://www.youtube.com/watch?v=00ECLxK2YTs

Um

Submitted by gavination on Thu, 09/17/2009 - 20:32. Permalink

This makes sense. This will end badly.

Inflation warning...

Submitted by cooper11 on Thu, 09/17/2009 - 20:29. Permalink

http://www.foxbusiness.com/story/treasury-sell--billion-note...

Deborah Levine
MarketWatch Pulse

NEW YORK -- The Treasury Department said Thursday it will issue $112 billion in notes next week. A record $43 billion in 2-year notes will be sold on Tuesday, followed by $40 billion in 5-year debt on Wednesday. The final offering will be $49 billion in 7-year notes on Thursday. The amounts are each $1 billion more than last month -- the most ever for each security -- and in line with estimates of some of Wall Street's biggest bond dealers. The government will also sell $85 billion in shorter-term bills. After the announcement, 2-year note yields, which move inversely to prices, remained up 1 basis point on the day, at 1%, the highest this month.

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"Give a man a gun, and he could rob a bank. Give a man a bank, and he could rob the world."

And

Submitted by Acala on Thu, 09/17/2009 - 20:22. Permalink

And probably also buying stocks through Goldman Sachs and other such outlaw entities. And since the supposed announced "increase" in our national net worth was based almost completely on gains in the stock market, it is likely that whole thing is phony too.