TIP: Click on subject to list as thread! ANSI
echo: pol_inc
to: Bob Klahn
from: Bob Ackley
date: 2009-04-07 06:00:56
subject: more on 3rd parties

Replying to a message of Bob Klahn to Richard Webb:

 BK>>>  Heard that story long ago. Problem is, what good is it to know  how
 BK>>> to fish when the pond has dried up?

 RW>> True, and one of my real problems.  wIth or without the
 RW>> bailout the pond is going dry.  I don't think bailing these
 RW>> people out is going to suddenly fill the pond with cool
 RW>> clear water and restock it with fish.  THat's not part of

 BK>  I have a solution to the national debt, welfare, and the crime
 BK>  rate, and it starts with setting a goal of full employment. Real 
 BK> full employment, not 5% is full balony.

The national debt can be repaid in about thirty years.  All the treasury
has to do is stop issuing new debt and redeem the existing bonds/notes/bills
as they come due.  That'll never happen because it would mean a *drastic*
reduction in government spending, but that's how to do it.

--- FleetStreet 1.19+
* Origin: Bob's Boneyard, Emerson, Iowa (1:300/3)
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