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Politics : Politics for Pros- moderated
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To: LindyBill who wrote (524012)11/22/2012 1:58:14 AM
From: Wayners4 Recommendations  Read Replies (2) of 793970
 
My apologies, I had to go look this up:

A shepherd's crook is not only an image that appears in ancient to modern art, but is also a very useful tool for shepherds who are navigating fields of varying height or uneven terrain. The crook symbol, a stick with a c-curve at the top, looking much like an oversized candy cane, has been in existence for millennia. The crook and the flail were two symbols associated with the ancient Egyptian god, Osiris.

Sorry didn't know how smart you are in your worship of Osiris. I Didn't know you believed in so much religious nonsense but don't want to offend you. Believe in whatever you want, I have no problem with that. That aside, the debt exists, it's real and Federal Govt cannot create the money and inflate it away because the Federal Reserve creates all the money and loans it to the U.S. Government IF THEY WANT TO. They do not have to buy Government Bonds period. There is no requirement that they buy Government Bonds. When they and China and Japan stop buying, then what? I can provide links if necessary between your Osiris worship sessions.

Federal Reserve itself says it does not have to buy U.S. Govt Debt. Some conspiracy theory. This is in the real news straight from the Federal Reserve itself!
forexfactory.com
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