Federal Reserve buys $600 Billion of U.S. Debt

By Douglas V. Gibbs

The Federal Reserve states it is concerned about the slow recovery, so they announced a second, large purchase of Treasury bonds in an effort to spur economic growth by lowering long-term interest rates.

In reality, this is a scheme to cause a little inflation to make it look like things are getting a little better.

Remember, the Federal Reserve is not the U.S. Government. The Fed is a private institution of bankers that manipulates our economy through controlling the currency glow, and interest rates.

The $600 billion is a ruse to manipulate you.

What we need to do is audit the fed.

-- Political Pistachio Conservative News and Commentary