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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: Brumar89 who wrote (1840)	8/19/2008 8:23:15 PM
From: Road Walker	Read Replies (2) \| Respond to of 86356

Where do you think the cash exchanged for treasury securities goes? Into liquid bonds that are similar to cash. No, it isn't social security, its just similar in that the "trust fund" holds treasury securities. It's very similar. The bonds are different. If your point is that this is a tax that the industry gets no benefit from, then you are wrong. It's a cash in, cash out transaction. Not a net negative for the industry. It looks more like insurance than a tax.