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To: FreedomForAll who wrote (78252)5/11/2009 2:01:24 AM
From: c.hinton  Read Replies (1) | Respond to of 109125
 
I am afraid fixed income owners are to be the sacrificial lamb.

Keynes specifically names them(rentiers) as the required unlucky victims when it comes to inflating oneself out of debt and balancing the budget.

It one way to solve americas fiscal problems without raising taxes.

Keynes spells it all out in his Essays in Persuassion.....

he also plainly states that the politicians job is to repeatedly deny that it is the Governments policy to do so.