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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


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



To: Win-Lose-Draw who wrote (20172)12/15/2002 4:29:47 PM
From: James F. Hopkins  Respond to of 30712
 
RE >> is that what they mean by "monetizing the debt"?
Not to worry about what they mean by it, as what ever
they mean WILL BE CHANGED, several times, and all
referances to earlyer meanings erased from the
records.
There just isn't any sence trying to figure
out the meanings of any Government OR
Corporate magicians it's all grab the money
and run regardless of what they say.

------------
PS
And the flag follows the money, and the army
the flag, and war is a racket just like everything
else.

PS 2, Don't steal without a license , but if you
must steal without a license at least try not to
get caught.
( and remember Tim Luke, & never use a plastic gun )
if you must use plastic to steal make it a credit card
-------
& don't worry about going broke,
after all Freedom is just another word
for nothing left to lose.
Jim