Comments on: Why Can’t the Government Buy It’s Own Bonds? http://www.discusseconomics.com/foreign-exchange/why-cant-the-government-buy-its-own-bonds/ Topics including: credit crunch, recession articles, personal finances, debt management, interest rates, cash flow, micro and macroeconomics. Tue, 23 Feb 2010 19:37:12 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: dferriman http://www.discusseconomics.com/foreign-exchange/why-cant-the-government-buy-its-own-bonds/comment-page-1/#comment-8299 dferriman Tue, 11 Nov 2008 15:09:40 +0000 http://www.discusseconomics.com/?p=283#comment-8299 It is worse than that! Now, the treasury is changing tax laws: http://www.economyincrisis.org/articles/show/2058 They added an amendment to a tax laws to encourage banks in good standing to by banks in bad standing. This way they would get bailout money AND get a tax break. The Treasury is an un-Constitutional organization. The last one we had nearly ran us into the ground. If we print money, it should be backed by something, like gold. The idea of trading bonds for money is dumb. There is a video on the home page of EconomyInCrisis.org that breaks down how this works, and how it de-values our money. It is the second one on the list called "US Economy collapsing" It does a great job of explaining why our money system is not working and why is hurts our economy. It is worse than that! Now, the treasury is changing tax laws:

http://www.economyincrisis.org/articles/show/2058

They added an amendment to a tax laws to encourage banks in good standing to by banks in bad standing. This way they would get bailout money AND get a tax break.

The Treasury is an un-Constitutional organization. The last one we had nearly ran us into the ground. If we print money, it should be backed by something, like gold. The idea of trading bonds for money is dumb.

There is a video on the home page of EconomyInCrisis.org that breaks down how this works, and how it de-values our money. It is the second one on the list called "US Economy collapsing" It does a great job of explaining why our money system is not working and why is hurts our economy.

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