"What an excellent idea!" signed, Barry dunham hussein soetoro Obama.
(WSJ article via zerohedge as the WSJ needs sign up to view)
To: All
Those are a good as cash - those are IOUs.
2 posted on
04/07/2013 11:43:28 AM PDT by
Preston Manning
(When standing on the edge of a cliff, a "giant step forward" is NOT progress!)
To: dynachrome
What first came to mind was Johnny Cash singing “I hear that train a comin’,”
3 posted on
04/07/2013 11:46:12 AM PDT by
mazda77
To: dynachrome
Either way, its worthless paper.....
4 posted on
04/07/2013 11:47:21 AM PDT by
GenXteacher
(You have chosen dishonor to avoid war; you shall have war also.)
To: dynachrome
Damn....as a person who works to keep the utility infrastructure functioning, I always figured I’d be safe when the economy collapses. So much for that plan. :-)
5 posted on
04/07/2013 11:47:42 AM PDT by
Bryanw92
(Sic semper tyrannis)
To: dynachrome
pay public workers and pensioners one month of their salary in treasury bills rather than cashWhat can possibly go wrong?
6 posted on
04/07/2013 11:58:33 AM PDT by
John123
(US$ - I owe you nothing. Euro - Who owes you nothing.)
To: dynachrome
Quatloos? You can’t pay with quatloos-(paraphrasing James T Kirk in the original Star Trek series)...
8 posted on
04/07/2013 12:51:38 PM PDT by
Texan5
("You've got to saddle up your boys, you've got to draw a hard line"...)
To: dynachrome
which later prompted the slogan “Treasury Bills don’t pay the bills.”
9 posted on
04/07/2013 1:37:38 PM PDT by
Secret Agent Man
(I can neither confirm or deny that; even if I could, I couldn't - it's classified.)
To: dynachrome
“We pretend to work, and they pretend to pay us.”
10 posted on
04/07/2013 1:38:03 PM PDT by
dfwgator
To: dynachrome
“Pay” them in confetti; what does it matter, since you government hacks obviously have no interest in maintaining even the pretense of integrity.
To: dynachrome
By paying one month of salary in T-bills to public workers and pensioners, the government would save an estimated €1.1 billion in expenses, narrowing the budget gap significantly.Just imagine how much they would save if they paid TWO months . . . or THREE . . . or . . .
These are probably worth more than Portuguese T-Bills:
12 posted on
04/07/2013 2:24:09 PM PDT by
Oatka
(This is America. Assimilate or evaporate.)
To: dynachrome
One would hope that they make the bonds colorful so that they might be of some use.
13 posted on
04/07/2013 2:49:30 PM PDT by
Kartographer
("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
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