The Justa and Lars Honors Bob Brinker Investment Club Thread Message Board

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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread

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Dec 24 4:00 PM EST

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To: MrGreenJeans who wrote (1067)	4/20/2001 3:46:24 PM
From: Boca_PETE	Read Replies (2) of 10065

Mr. GJ - Today's NY Times reports that Treasury Secretary O'Neill supports Treasury Department continuation of new issues of Treasury Securities despite surpluses. I ready where he says the proceeds could be used to fund tax cuts. Am I missing something here, or is it good policy to transfer wealth from bond investors to tax payors on the receiving line for tax relief ? Comments ? Anyone know if O'Neill is a relative of Admiral Stockdale or something? No wonder the Long Bond interest rate is heading for 6% and mortgage rates are on the rise. P

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