US Foreign Aid To Nations Holding Billions In Federal Treasury Securities?
US Foreign Aid Goes To Countries We Borrow From?
This fact validated by a Congressional report revealed that our government has given away 1.4 billion in foreign aid to countries that have been buying our debt. Countries holding billions in Treasury backed securities are receiving millions in US foreign aid as we suffer record unemployment and a failing economy.
According to Fox news who received the Congressional Research Report released last month, 16 countries abroad have received more than a billion US dollars in foreign aid. These nations own at least 10 billion in US treasury securities. Among these nations China, Russia, Brazil, Mexico, and Egypt, each has been the recipient of hundreds of millions of dollars thanks to US foreign aid.
It is truly disconcerting that the BRIC nations (Brazil, Russia, India, China) have been negotiating for the exchange of a new world reserve currency in view of the insanity of US Federal Reserve policies of continuing to print fiat paper money in order to float the government debt. The US is now at the debt borrowing limit of 14.3 trillion dollars. The deadline will come in August while Democrats refuse to cut significant spending and Republicans refuse to raise taxes.
In view of these fiscal indiscretions, the State Department had no comment, and now we find a new proposal to spend 3 billion to build a security force in Iraq now on the table. The insanity never stops just as the Federal Reserve spent billions bailing out Greece last year as riots in that country continued.
Solutions
It is clear that the federal government is going to have to pursue drastic budget cuts or face a new and damaging credit rating by Moody’s Investor Service. This could have devastating repercussions for the US government’s ability to acquire loans that would be much more costly while also limiting money supply.
What would this mean for US consumers? Historically the US government has always competed for loans against the US private sector. In the past the government would compete for up to 3 out of every 5 loans for credit that would have to be split between the private sector borrowers and the government. When August comes around, a downgrade on ratings would mean less money for Americans to borrow for homes, cars, and other purchases while paying much higher interest rates. We the people will be punished for the irresponsible spending of our government.
During the Reagan era, taxes were lowered and government infrastructure was cut back. The immediate affect was a blossoming of the US economy, especially for small businesses which employ far more Americans than big business. With the resulting upswing in consumer spending thanks to more and better paying jobs the recovery was bold while the government benefited from greater tax revenues generated by increased spending.
The Damning Denial Of Reality
Is there a lesson here? Most assuredly. However, the Democrats refuse to lead by example and refuse to acknowledge historic formulas for economic success as they remain firmly committed to failing fiscal policies and socialistic methods. They would rather increase taxes and continue to impose more regulations as the size of the government grows even larger. Feed the monster and stifle growth with taxes and you destroy what is left of the American economy. This epitomizes the unrelenting modus operandi of the Democrats who will not relinquish their welfare state policies for fear of losing power even if it destroys America.
So, in conclusion, what is left? What chances do we have of recovery while the economic policies of the left refuse to compromise? The answer is a bleak picture. Driven by the reckless policies of the Obama administration and the RINO’s
( Republican In Name Only) who have also capitulated allowing more spending. The US is on a hell bound train with no brakes. Surely the US dollar will collapse and we will see something like the post war poverty of Germany after World War I. A loaf of bread in that catastrophic period cost a billion German Marks!
Obama must be defeated in 2012 or convicted for his crimes. His damaging legislation must be repealed. The Federal Reserve is run by 5 rich families. That is way too much power in the hands of too few. The Federal Reserve must be dismantled or severely restrained. Congress was originally given the responsibility of minting coins and establishing monetary policy. We need to clean up Congress by getting rid of the people who continue to propose more spending and bloated benefits for elected officials. Then we need to re-establish new monetary guidelines. It is the only chance this nation has of survival much less reacquiring our lost prosperity.
This fact validated by a Congressional report revealed that our government has given away 1.4 billion in foreign aid to countries that have been buying our debt. Countries holding billions in Treasury backed securities are receiving millions in US foreign aid as we suffer record unemployment and a failing economy.
According to Fox news who received the Congressional Research Report released last month, 16 countries abroad have received more than a billion US dollars in foreign aid. These nations own at least 10 billion in US treasury securities. Among these nations China, Russia, Brazil, Mexico, and Egypt, each has been the recipient of hundreds of millions of dollars thanks to US foreign aid.
It is truly disconcerting that the BRIC nations (Brazil, Russia, India, China) have been negotiating for the exchange of a new world reserve currency in view of the insanity of US Federal Reserve policies of continuing to print fiat paper money in order to float the government debt. The US is now at the debt borrowing limit of 14.3 trillion dollars. The deadline will come in August while Democrats refuse to cut significant spending and Republicans refuse to raise taxes.
In view of these fiscal indiscretions, the State Department had no comment, and now we find a new proposal to spend 3 billion to build a security force in Iraq now on the table. The insanity never stops just as the Federal Reserve spent billions bailing out Greece last year as riots in that country continued.
Solutions
It is clear that the federal government is going to have to pursue drastic budget cuts or face a new and damaging credit rating by Moody’s Investor Service. This could have devastating repercussions for the US government’s ability to acquire loans that would be much more costly while also limiting money supply.
What would this mean for US consumers? Historically the US government has always competed for loans against the US private sector. In the past the government would compete for up to 3 out of every 5 loans for credit that would have to be split between the private sector borrowers and the government. When August comes around, a downgrade on ratings would mean less money for Americans to borrow for homes, cars, and other purchases while paying much higher interest rates. We the people will be punished for the irresponsible spending of our government.
During the Reagan era, taxes were lowered and government infrastructure was cut back. The immediate affect was a blossoming of the US economy, especially for small businesses which employ far more Americans than big business. With the resulting upswing in consumer spending thanks to more and better paying jobs the recovery was bold while the government benefited from greater tax revenues generated by increased spending.
The Damning Denial Of Reality
Is there a lesson here? Most assuredly. However, the Democrats refuse to lead by example and refuse to acknowledge historic formulas for economic success as they remain firmly committed to failing fiscal policies and socialistic methods. They would rather increase taxes and continue to impose more regulations as the size of the government grows even larger. Feed the monster and stifle growth with taxes and you destroy what is left of the American economy. This epitomizes the unrelenting modus operandi of the Democrats who will not relinquish their welfare state policies for fear of losing power even if it destroys America.
So, in conclusion, what is left? What chances do we have of recovery while the economic policies of the left refuse to compromise? The answer is a bleak picture. Driven by the reckless policies of the Obama administration and the RINO’s
( Republican In Name Only) who have also capitulated allowing more spending. The US is on a hell bound train with no brakes. Surely the US dollar will collapse and we will see something like the post war poverty of Germany after World War I. A loaf of bread in that catastrophic period cost a billion German Marks!
Obama must be defeated in 2012 or convicted for his crimes. His damaging legislation must be repealed. The Federal Reserve is run by 5 rich families. That is way too much power in the hands of too few. The Federal Reserve must be dismantled or severely restrained. Congress was originally given the responsibility of minting coins and establishing monetary policy. We need to clean up Congress by getting rid of the people who continue to propose more spending and bloated benefits for elected officials. Then we need to re-establish new monetary guidelines. It is the only chance this nation has of survival much less reacquiring our lost prosperity.
Comment
"Destroying the New World Order"
THANK YOU FOR SUPPORTING THE SITE!
Latest Activity
- Top News
- Everything
The Hunt - Official Trailer [HD]
"A former ANTIFA member was interviewed here recently and this would not be far from actual reality…"
Legacy of Supposedly Inferior Aircraft Outmatching Their Enemies
We think of the Korean War aerial combat as the classic dogfights between the American F-86 Sabre…See More
"This is just another form of a feudal globalism dictated by corporate technocrats bragging about…"
What is Area 2 and What Goes on There?
We have all heard of Area 51 and S-4, along with such terms as Water Town, Papoose Lake,…See More
STRANGE THINGS HAPPENING IN YELLOWSTONE
It’s not the fact that Yellowstone National Park sits atop a super volcano that hasn’t erupted in…See More
Austrian police raid house of man who leaked Israeli ambassador video making genocidal comments
In a new ITV documentary, Breaking Ranks: Inside Israel’s War, former Israeli soldiers describe how Gaza civilians were killed, often without warning, in an ...
WARHAMMER 40,000 | 1980's GRIMDARK MOVIE
WARHAMMER 40,000 | 1980's GRIMDARK MOVIEThis is a Concept Movie Trailer made with the help of AI. This video is created purely for fun and out of curiosity a...
"Tavistock Timing"
The Ringside View
Down in the streets where the animals meetWhere tear gas flies and people get beatWhere…See More
Is America on the brink of a Dire Emergency
You might know if you have remained informed that America has been under asymmetric warfare for…See More
© 2025 Created by truth.
Powered by
You need to be a member of 12160 Social Network to add comments!
Join 12160 Social Network