He promised to keep them in a lock box!  I did not know what he meant at the 
time.

On Fri, Apr 08, 2005 at 04:32:08PM -0400, Doug Henwood wrote:
>
> Bush has a point here. They're worthless in the sense that they're
> IOUs from one branch of government issued to another. That's
> completely different from bonds sold to outsiders. It's like your
> left pockent lending money to your right pocket. Even by the
> standards of modern finance, that makes no sense.
>
> Doug

--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu

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