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According to CNBC, the Federal Reserve bought approximately 80 percent of the U.S. Treasury securities issued in 2009.
Go to above link and scroll down. You'll see a video link from CNBC. Click the play button and move it to 1:40. Yes,you'll hear it. CNBC MENTIONED a word 'PONZI SCHEME'.
Yes, we own 80% of our debt. Great news!
Last edited by NEPatriot; 01-13-2010 at 12:44 PM..
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