National Debt Refinance Administration

Posted by on March 31st, 2008 at 01:52pm

wrote an interesting post today on
Here’s a quick excerpt
Fed eyes Nordic-style nationalisation of US banks reads the London Telegraph headline. Instead of “bailing out” power elite money makers and managers, the Federal Government should BAIL OUT THE ENTIRE COUNTRY! My proposal is simple. Anyone and everyone. This means individuals, businesses, state and local government can apply to have their debt refinanced by the “National Debt Refinance Administration.” The deal is the borrower waives the right to discharge the debt in a bankruptcy or insolv

Read the rest of this great post here

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