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To: Raymond Duray who wrote (10699)	6/1/2000 5:29:00 PM
From: Tunica Albuginea	Respond to of 24042

OT/Raymond, excellent article from Baum. No point in paying down the National Debt because a) that will give Government an excuse down the line to raise it back up " for some worthy cause "/ raise your taxes, soon we are back where we started. b) The presence of the debt keeps them honest. c)It will teach people not to rely on the Gov. for their needs. The private sector and people on their own initiative can always do better on their own. Just compare Socialist Countries versus USA living standards. Everybody wants to come to America. I rest my case :-) back later TA ======================================= Message #10699 from Raymond Duray at Jun 1, 2000 4:35 PM ET Even More OT: How the Treasury is Proposing to Hide the National Debt Hi Tunica, I've been enjoying your back and forth with David T. I thought I could jump in here and add Caroline Baum's* several trillion cents on the matter: quote.bloomberg.com. As you might infer from Ms. Baum's logic, Bush's plan (to) achieve that by paying down the National Debt with the Budget Surplus, may simply be a continuation of a well orchestrated ruse. Understood by far too few in the general population. Best, Ray *Bloomberg's best columnist, IMO.