On 1/10/2011 12:20 PM, Doug Henwood wrote:
> http://www.federalreserve.gov/newsevents/press/other/20110110a.htm
>
> Release Date: January 10, 2011
>
> For immediate release
>
> The Federal Reserve Board on Monday announced preliminary unaudited results indicating that the Reserve Banks provided for payments of approximately $78.4 billion of their estimated 2010 net income of $80.9 billion to the U.S. Treasury. This represents a $31.0 billion increase in payments to the U.S. Treasury over 2009 ($47.4 billion of $53.4 billion of net income). The increase was due primarily to increased interest income earned on securities holdings during 2010.
This is how civilizations die! Second Amendment remedies!
SA