legalmoose: (Default)
legalmoose ([personal profile] legalmoose) wrote2004-01-28 07:42 pm

Deficits, schmeficits...

Ah, I love this administration and their fiscal policies.

US Treasury Defaults on 30 Year Bond Holders

[identity profile] joxn.livejournal.com 2004-01-28 05:26 pm (UTC)(link)
This isn't technically a default. It's more like paying your mortgage off early so you don't have to pay the extra interest.

Not that I would want to be seen as defending this administration's fiscal policies.

[identity profile] fj.livejournal.com 2004-01-28 06:20 pm (UTC)(link)
Can you point me to an official source in the government anywhere? I do not know this website. I find it very troubling.