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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Neocon who wrote (518781)1/3/2004 9:41:44 AM
From: Kenneth E. Phillipps  Read Replies (1) | Respond to of 769670
 
We should not fear their selling their bonds pre maturely but their failure to buy new bonds.



To: Neocon who wrote (518781)1/3/2004 10:29:02 AM
From: bentway  Read Replies (2) | Respond to of 769670
 
<Additionally, there is nothing to fear from other countries so long as they want to get paid.>

You're wrong. What they will do is refuse to buy new bonds, until we raise the rate of return. It will make our debt even more expensive, and our deficit more of a problem.


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