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To: Pittsburg Phil

wrong...the Fed cannot by law monitarize the debt


8 posted on 03/16/2006 3:57:59 PM PST by georgia2006
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To: georgia2006

wrong...the Fed cannot by law monitarize the debt

WHAT! Surely you jest.


9 posted on 03/16/2006 3:59:37 PM PST by Pittsburg Phil
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To: georgia2006
wrong...the Fed cannot by law monitarize the debt

True, but only because Congress kept that power for itself. And yes they have done it before.

16 posted on 03/16/2006 4:50:49 PM PST by atomic_dog
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