P&S and STO Death Blow's Message Board

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Strategies & Market Trends : P&S and STO Death Blow's

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To: Win-Lose-Draw who wrote (20172)	12/15/2002 4:21:59 PM
From: mishedlo	of 30712

is that what they mean by "monetizing the debt"? It needs to be monetized, securitized, insured by MBI, packaged and sold by FNM all as part of a mortgage deal on your next house, and/or part of the fee generation process on your next Capital One card. When you pay off your credit card balance "a portion of the interest each month goes to your designated charity". That Charity is your choice of a) Govt debt b) Social Security trust Fund c) Pension deficit bailout fund Now that you have me thinking. What if credit card transacion had a flat tax of .05. How much would this raise? What if every ATM transaction had the same flat tax rate of .05. How much would this raise? What if 5% of credit card interest paid had to go to the federal Govt? How much would this raise? M

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