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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (131325)2/2/2001 11:01:40 AM
From: Scumbria  Read Replies (1) | Respond to of 1576346
 
Tim,

What do you think about Greenspan's point that if the debt is paid down to fast we will have to pay a big premium to retire long term bonds?

Now there is a worry firmly based on reality. Anyway. it is better to pay $300 billion a year in interest. Greenspan's financial buddies are counting on the US to stay in debt. It is their livelihood, and the US is their most reliable debtor.

They should all be in jail.

Scumbria



To: TimF who wrote (131325)2/2/2001 2:34:30 PM
From: tejek  Read Replies (1) | Respond to of 1576346
 
I hope that does not happen. Not that I would be opposed to a $2trilllion tax cut over 10 years, but I don't want it to be more tax breaks for special groups, If taxes are cut any further then Bush's plan I would want it to be an across the board rate reduction. (It would have to be a small additional reduction to only amount to $400bil over 10 years).

Tim,

This is why these tax cuts take forever or never to get approved. Another reason why its an ineffective economic stimulator.....if its needed at all, its now and not a year from now.

ted