Category: 
This may be an oversimplification BUT :
If the U.S. PASSES and EXPANDS THE FINANCIAL BAILOUT provisions ($1T, T = Trillion); subsidizes EVERYTHING ELSE ($19T); and rebates STIMULUS PAYMENTS to EVERYONE ON THE PLANET ($300 – $3,000T); then lowers taxes – (to a conservatively appropriate rate); Then, what the hell? We may as well also default on a few bonds.
If that were to happen, the currency would crash and all our foreign debt obligations would maybe be worth about $4.62.
For $4.62. I’ll personally write the check to remove that obligation from my childrens’ future. (Offer limited to $4.62 in 09/2008 inflation-adjusted Dollars. This offer to retire the National Debt cannot be combined with other coupons or countries. Treasury employees or the families not eligible to participate.)
PS: [I hope I didn't reveal any secret plans with this post; but I PRAY AT LEAST SOMEONE (except for George Soros) IS PLOTTING SUCH A DIABOLICAL SCHEME – otherwise this whole exercise would be pointless. – Ed.)
Could there be devious schemes such as these in the works?
Hmm, I wonder.
Perhaps I should be the next Secretary of the Treasury and Chairman of the Federal Reserve.
