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To: Canuck Dave who wrote (12359)6/13/2003 1:51:26 AM
From: Bill/WA  Read Replies (1) | Respond to of 39344
 
CD,

<<Too big to fail, or too big to bail?>> <BG>

You're on the west coast of CA, right? I try to go up the Cassiar Hwy every summer, then up to Dawson City,YK to shoot digital video & 35mm of wildlife (nice to get 60-70 miles off road away from civilization). Kept all my C$ from last summer (most Canadians I met thought I was nuts!). Nice run-up, eh? Maybe this summer or next it'll be best to forget the photo equipment and bring a gold pan!

Bill/WA (now in Colorado)



To: Canuck Dave who wrote (12359)6/13/2003 9:22:07 AM
From: Silver Super Bull  Respond to of 39344
 
CD,

RE: "As you correctly conclude, there is no explicit guarantee of the GSE debts, but everyone assumes the US will stand behind them."

Sure, there is no guarantee, but I have a hard time envisioning that Uncle Sam would give the old "Walter Payton straightarm" to GSE holders.

DB


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