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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: benwood who wrote (87247)	10/2/2007 6:43:14 PM
From: Travis_Bickle	Read Replies (3) \| Respond to of 110194

Sen. Hillary Clinton, D-N.Y., floated the idea Friday of giving every child born in America a $5,000 "baby bond" from the government to help pay for future costs of college or buying a home. "I like the idea of giving every baby born in America a $5,000 account that will grow over time," said Clinton, "so when that young person turns 18 if they have finished high school they will be able to access it to go to college or maybe they will be able to put that down payment on their first home, or go into business." Clinton's Friday remarks to the Congressional Black Caucus were not the first time that she has voiced her support for the concept of using the power of compound interest to close the country's asset gap. abcnews.go.com Guess it beats 40 acres and a mule ...