So when the gov't ends up making billions. . .

[droski]

off of this distressed debt fund and AIG who is going to take the credit? Obama? Mccain? This bailout rhetoric has to stop. The treasury being run like a hedge fund. I'll bet my life savings we end up making money (probably a lot) on Bear Stearns, AIG, and all these bonds we are going to buy.

 

[WA_Vol]

The govt is using taxpayer money, so any profit should go to the taxpayer to pay down the debt, etc. In reality, they are simply printing money, and selling Treasury bonds to finance this if they can.

What if the dollar gets devalued because of the enormous debt? The national debt has almost doubled since Bush has been in office, and will skyrocket after this year. What happens when foreign investors decide T-bills are a risky investment?

 

[droski]

a) foreign investors will NEVER decide T-bills are a risky investment

b) our debt as a % of GDP is far lower than most 1st world countries.

c) our deficit might have doubled but our debt most definetly has not

d) they are selling treasuries and buying cheap bonds. People should be happy about this, not upset. It's SMART.

 

[VolsNSkinsFan]

a) foreign investors will NEVER decide T-bills are a risky investment

b) our debt as a % of GDP is far lower than most 1st world countries.

c) our deficit might have doubled but our debt most definetly has not

d) they are selling treasuries and buying cheap bonds. People should be happy about this, not upset. It's SMART.

You Sir are 100% Correct

Forget Billions how about a Trillion