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To: groanup

And you information about BS comes from ... where ?

Mine came from the Treasury. Yours comes from ???

So you think that a legal prospectus that says bonds are not guaranteed by the Fed Govt and that carry a higher premium than T-bills for that risk, should allow a big investor to use political pull/blackmail ? I call that extortion, myself, and being a taxpayer I’m just one who will be paying for it. Do you pay taxes ? Probably not, otherwise you should be concerned too.

Man, this country is just full of people who think the rule of law should give precedence to rule by favor.


18 posted on 08/05/2008 6:13:47 AM PDT by nicola_tesla ("Life is Tough... It's Worse When You're Stupid".... John Wayne)
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To: nicola_tesla
I actually read your link to bloomberg.com. (Did you?)

The article simply states that a group of investors wanted some assurance from the Treasury Secretary that the implied guaranteed still existed.

You think that's blackmail?

Believe me, when central banks own 800 billion of your debt you'll sit down with them too.

Calling it blackmail is simply yellow journalism. And nicola is reprinting the trash right here on Free Republic.

BTW, I especially liked this comment in your post:

Man, this country is just full of people who think the rule of law should give precedence to rule by favor.

And you would take this country back to the days of witch trials and superstition.

22 posted on 08/05/2008 6:44:28 AM PDT by groanup (Here, bend over and let me give you my carbon footprint.)
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To: nicola_tesla
And you information about BS comes from ... where ?

Mine came from the Treasury. Yours comes from ???

Your BS comes from the Treasury? Is that it? Where else do you get your BS from?

25 posted on 08/05/2008 10:35:07 AM PDT by groanup (Here, bend over and let me give you my carbon footprint.)
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