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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Logain Ablar who wrote (5719)	2/25/2002 12:40:47 PM
From: Raymond Duray	Read Replies (1) of 33421

HONESTY ABOUT THE NATIONAL DEBT Hi Tim, The discussion of debt in the mass media is a fiction. Here's a flavor of what is really going on. quote.bloomberg.com [[Note: Baum's column is from October, 2000]] Reagan started the ball rolling, with his indifference to debt levels, aggressive military budgeting and general passion for enslaving future generations of serfs with the beautiful little trick of permanent "carrying charges", currently 14% of the national income pissed away on vig to the bond traders.

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