To: Remember_Salamis
Oh god, you sure wouldn't want MY advice on financial matters. One look at my stock portfolio and you know why...LOL.
Interesting concept. Even the artsie-fartsies (I will get sooo in trouble for this) can have influence on "their" bond by simply buying it. I dunno if that works but it's interesting. I'll run it by my economics colleagues next week.
I spent some time in British Columbia, Canada, recently. The Govt there issues Labour Bonds. The return is tied to the labour market. If you buy them you help creating new jobs which triggers the economy etc. etc. Sounded good to me. Little bit related to what you propose.
31 posted on
07/17/2004 7:38:57 PM PDT by
drtom
To: drtom
" Even the artsie-fartsies (I will get sooo in trouble for this) can have influence on "their" bond by simply buying it."
-- Exactly! If you're an art lover, why not just buy an EduBond in the type of art that you love so much? If you love classical music, buy an EduBond in music. If you love books, invest in an EduBond in Literature? In fact, it'd be even better than donating it because you actually get a return on your investment. With a system like this, who needs the National Endowment for the Arts???
BTW, do you have any information on these "Labor Bonds"?
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