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To: Terry Maloney who wrote (137661)12/7/2001 3:19:26 PM
From: Knighty Tin  Read Replies (1) | Respond to of 436258
 
Terry, That was actually quite good and makes me feel a lot better about my perpetual AAA debt. <g> He lost me when he started talking green cheese, but then I remembered that he really wanted to say back bacon but didn't want to be typecast. <VBG>

One of my former PM colleagues used to call bonds "certificates of confiscation." I think there is some truth to that in inflationary times. But, deflationary, they may be certificates of consecration. <g>