1.) On 1 July 2011 Greenspan said: Let me tell you why. Not only QE2 but QE1 has not been spent. A trillion and a half dollars, ($1.5 TRILLION) which is excess reserves have, to my estimation, not been spent.” Where did we get the money for QE1 & QE2? Alan Greenspan: No Evidence Federal Reserve Stimulus Worked July 1, 2011 -03:25 pm npr.org/blogs/thetwo-way/2011/07/01/137557240/alan-greenspan-no-evidence-federal-stimulus-worked?sc=emaf It turned out US Treasury Secretary Tim Geithner made a deal allowing CHINA to bid directly and purchase Treasury Bonds. This enabled China to provide $1.2 TRILLION loan to the U.S. In exchange for Obama administrations silence while China grabs the oil, gas and minerals rich Spratlys from the Philippines. US Treasury Secretary Tim Geithner gave China direct access to U.S. Treasury Bonds “In AN UNPRECEDENTED MOVE, in JUNE 2011, the U.S. Treasury Department granted the Chinese government direct-bidder status to purchase U.S. Treasuries direct from the U.S. government, reports Reuters. All other central banks must purchase U.S. Treasuries through primary dealers on Wall Street, which then place bids on their behalf at Treasury auctions.” “What’s Geithner Thinking?” Treasury Grants China Direct Access to Buy U.S. Bonds By Stacy Curtin | Daily Ticker – 2 hours 36 minutes ago Tuesday, May 22, 2012 finance.yahoo/blogs/daily-ticker/geithner-thinking-treasury-grants-china-direct-access-buy-143939103.html;_ylt=AvoDWRrLz7Ss0iF.AY1O3TKiuYdG;_ylu=X3oDMTQ0dXRpY2FvBG1pdANGaW5hbmNlIEZQIFRvcCBTdG9yeSBSaWdodARwa2cDODY1M2Q5NmYtYzNjMS0zMDg5LTlhNzUtZTYxZjM2MTQyMDAxBHBvcwMyBHNlYwN0b3Bfc3RvcnkEdmVyA2Q0Mzc3MzgwLWE0MjMtMTFlMS1iZmZmLWM5NmI1MTdlYjY3Yw--;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3 =================== news.yahoo/president-obama-american-people-want-car-smell-2016-140000589.html
Posted on: Mon, 24 Nov 2014 08:39:43 +0000
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