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Reply #7: This is a big acknowledgment by Treasury that financing the deficits [View All]

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swag Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-04-05 01:06 PM
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7. This is a big acknowledgment by Treasury that financing the deficits
that were created by Bush, Hastert, Frist and friends is becoming a huge problem. So they're hoping bond buyers will loan them money for 30 years before long-term interest rates kick in.

Recall the smugness of Bush & Co. when they killed the long bond while they were still sitting on the Clinton surplus.

Team Bush's fiscal policies have been disastrous, and now they're scrambling to find a way out.
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  -U.S. Treasury Says It May Reintroduce 30-Year Bond swag  May-04-05 12:06 PM   #0 
  - I thought that long term bonds were more volatile for inflation  DrDebug   May-04-05 12:11 PM   #1 
  - A Bloomberg article has a few answers for you  swag   May-04-05 12:19 PM   #5 
     - what is it? 2 balanced budgets, out of the last 30.  cornfedyank   May-04-05 06:05 PM   #9 
  - These would be the "worthless" IOU's Shrubbie's been tooling  BR_Parkway   May-04-05 12:14 PM   #2 
  - I was thinking the same thing n/t  fertilizeonarbusto   May-04-05 12:16 PM   #3 
  - Most likely  Mr.Green93   May-04-05 12:17 PM   #4 
  - let the pugs buy them. I don't trust anything that is backed up by this  burn the bush   May-04-05 12:38 PM   #6 
  - This is a big acknowledgment by Treasury that financing the deficits  swag   May-04-05 01:06 PM   #7 
  - NY Times article  quaoar   May-04-05 04:18 PM   #8 
 

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