The Federal Reserve Is Buying The American Dream...Cheap!
The Federal Reserve is printing money to purchase American Mortgage Backed Securities, translation, they are buying houses and land. Now, they are also printing $40 billion a month to buy Treasuries, in other words, they are putting American taxpayers further in debt, by printing money and charging Americans interest to do so, making it even more difficult for Americans to pay their bills, including mortgages. The less Americans can pay their mortgages, the more assetts the Federal Reserve sucks up.
Also, the Federal Reserve, a for profit bank not part of the Federal government, without taxpayer oversight, is keeping the interest rates near zero, so their central bank buddies can borrow free money from them and in turn make even more money of of broke Americans forced to borrow money on the bills they can’t pay.
These people need to be taken out to the nearest tree, and hung, by their toes prefferably.
In case you haven’t seen it, I think Money Masters is one of the best free videos to view to understand the current financial scheme we are in.
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