Moral Outrage
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Posts Tagged ‘Treasury Department

China dropping their holdings of U.S. Treasuries

February 17, 2010

Foreign demand for U.S. Treasury securities fell by the largest amount on record in December with China reducing its holdings by $34.2 billion. The reductions in holdings, if they continue, could force the government to make higher interest payments at a time that it is running record federal deficits. The Treasury Department reported that foreign […]

Secret Banking Cabal Emerges: Bloomberg

January 30, 2010

The idea of secret banking cabals that control the country and global economy are a given among conspiracy theorists.  After this week’s congressional hearing into the bailout of American International Group Inc., you have to wonder if those folks are crazy after all. Wednesday’s hearing described a secretive group deploying billions of dollars to favored […]