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From: Jack Karnick
The Federal Reserve revealed that its holdings of U.S. government debt had increased to an all-time record of nearly $1.7 TRILLION DOLLARS as of the close of business on Wednesday, January 23rd, 2013. When Mr. Obama was inaugurated in 2009, the Fed owned $475.322 billion in U.S. government debt. This is a 257% INCREASE under Obama. Mainland China owns about $1.2 TRILLION in U.S. government debt, the largest foreign holder of US debt. Mr. Obama, our children’s children thank you! Oh, and welcome to the new, China-West.
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