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To: Sig who wrote (12662)	4/14/2001 9:23:55 AM
From: Sig	Respond to of 13572

Anyone who has time to read this has too much time on their hands and should seek a new hobby. Anyone who understands it and its implications for US financing should immediately send a resume to the OMB because you will be the first one ever to do that. And never elect a nuclear physicist as Governor. cato.org <<<<In 1965, after the voters rejected a housing bond issue for the fifth time, Rockefeller created the Urban Devel- opment Corporation. By 1975, 81 percent of the total out- standing debt of New York State was the nonguaranteed debt of OBEs--and the state was on the verge of bankruptcy. In the areas of health and higher education, voter-approved debt stood at $283 million, compared to approximately $5.8 billion in nonguaranteed debt outstanding for those purposes.>>>>> Sig