To: JasonC
Doesn't mean you can actually have any of my assetsNo, I can't.
But when Congress borrows, they ARE pledging your assets, and unlike me, they can collect.
245 posted on
03/13/2008 12:32:50 PM PDT by
Jim Noble
(I've got a home in Glory Land that outshines the sun)
To: Jim Noble
No, congress is pledging the assets of the US treasury. The Fed isn't, the banks aren't, so it has remarkably little to do with the subject under discussion. As for how much I will pay in taxes, it has remarkably little to do with events in financial markets, and instead everything to do with which major party wins various future elections.
291 posted on
03/13/2008 4:51:25 PM PDT by
JasonC
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