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To: sphinx

Reminds me of an episode of The Andy Griffith Show (”Mayberry goes bankrupt”) about one of the town’s residents who is about to get evicted from his run down house by the town because he is delinquent on his back taxes.

Looking through his belongings for something to sell to raise money, he comes across a 100-year-old $100 confederate bond (purchased by his grandfather) which is redeemable for the face value plus 8 1/2% interest compounded annually. The town may owe him $350,000 when the town Treasury has only about $10,000 in it.


23 posted on 12/16/2024 8:09:42 AM PST by lowbridge ("Let’s check with Senator Schumer before we run it" - NY Times)
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To: lowbridge

I love that episode!


25 posted on 12/16/2024 12:27:22 PM PST by Ciaphas Cain (A perfect storm. There will be no escape from what is coming.)
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