Where did the Government Bond go?
March 7, 2009 | CHICAGO, Illinois | Vetting explained
During WWII the government asked Americans to ration and to
purchase bonds. While I’m not advocating
rationing of any kind for obvious economic reasons, I am wondering why the
government isn’t pushing bonds more.
The government could market Crisis Bonds or Freedom bonds or
whatever some knucklehead marketer comes up with. The government could even sweeten the deal
and give American’s an extra 25 basis points on the bonds to entice us to have
a bigger stake in this thing.
What would this do?
It would give us an incentive to grow and get out of this funk. It would give us all a safe haven investment in this time of uncertainty. It would allow us to directly invest in our country while reaping the benefit of our
truly awesome country. It would also
decrease the percentage of debt that is owned by foreign entities which also don’t seem to like us.
Just one silly Americans thoughts.
- Tags:
- obama,
- cnn_money,
- stimulus_plan,
- economy
- Posted in Assignment:
- Stimulus thoughts: What you'd fix first
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