From the U.S. Treasury Department’s latest numbers of major foreign holders of treasury securities, we see that China owned $877.5 billion and Japan owned $768.50 billion in February 2010.
From their historical data, we see that China overtook Japan as the largest foreign holder of treasury securities as recently as September 2008, the month that the world’s economic system was thrown into turmoil by the collapse of Lehman Brothers and the stock and real estate market.
However, Japan isn’t the second-largest holder of U.S. treasury securities — the privately owned Federal Reserve Bank of New York is. That is, one of the 12 member banks of the illegal privately owned Federal Reserve System of the United States.
From their official numbers on April 21, 2010, they owned $771.57 billion in U.S. treasury securities — $3 billion more than Japan did in February.
Their parent organization, the Federal Reserve, lies about interest-free United States Notes, the currency that Congress issued to fund the Civil War, when the bankers were demanding 20-30% interest.
While United States Notes didn’t benefit the bankers, they clearly benefitted the American people, by not having to pay any interest during their entire lifetime, including to this very day. On the other hand, the Federal Reserve Bank of New York is receiving interest from their $771 billion in treasury securities, and as a member bank of the Federal Reserve, it receives a 6% annual dividend on its stock in the Federal Reserve System, with the proceeds going to private interests.
Even calculating with the current all-time low Federal Funds Rate of 0.25% on all the bank’s $771 billion in treasury securities, that’s nearly $2 billion a year in interest that could be saved by this and future generations, which will be compounded every year, and will reach $15-50 billion when annual interest rates reach a more historically recent level of between 2-6%.
[…] 04/27 An illegal bank is the second-largest holder of U.S. treasury securities […]
The final move by the NWO before direct confrontation against the people will be to corner the market in 30-year US Treasury bonds. The covet what the ChiComs have, but can’t sell. Own the bonds/ Own the Gov’t/ Own the people. Gold peaked in Jan, ’80 then in Dec, ’09 (about a 30 year spread) Bonds peaked twice in the Fall of ’81 (will be 30 years ago, next year) Obama’s Healthscare bill was signed 30 years to the day after the Georgia Guidestones were dedicated. Finally, The Federal Reserve Act became law almost 100 years ago (Dec 22, 1913) so maybe they owe a debt to the Rothschilds that funded it…
I would say they make so much money they probably burn it just to curb inflation.
Picked up by Catherine Austin Fitts’ Solari.com.
http://solari.com/blog/
I like gold
As a follow up, I’d like to see the real amount of money that the illegal banksters have made off of us though the Federal Reserve. How much money according to historical annual debt owed, interest rates for those years, adjustments for inflation, compounded, etc, etc.
I don’t have the ability to come up with that number, but have always been really interested in seeing what the cabal has made through it’s fraudulent practices.
Are you up for the task? Does anybody have a link to this number if it’s been done already?
wow, what goes under the radar these days huh?
Picked up by Michael Rivero’s http://whatreallyhappened.com/
Hey, you need to show the sawed in half bars of TUNGSTEN plated with GOLD to understand the gravity of the financial fraud being perpetrated by the U.S. to destroy itself for Israel and the Rothschilds banking slime, aka, THE FED!!!!
Comments and voting at http://www.reddit.com/r/Economics/comments/bwvif/an_illegal_bank_is_the_second_largest_holder_of/
Picked up by Infowars.com
http://www.infowars.com/an-illegal-bank-is-the-second-largest-holder-of-u-s-treasury-securities/
Included in Bob Chapman’s May 3 article on Infowars.com and globalresearch.ca at http://www.infowars.com/a-financial-conflagration-of-immense-proportions/ and http://globalresearch.ca/index.php?context=va&aid=18944