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To: thulldud

State issued twice before, 1982 & 1992. IIRC in 1982 the IOUs were issued and paid back in the same day.

In 1992, $4 billion in IOUs were issued in July and paid back with interest in September.

Don’t know if they’re planning on paying interest this time. Maybe with another IOU...[grin]


18 posted on 06/25/2009 1:06:04 PM PDT by Strzelec
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To: Strzelec
State issued twice before, 1982 & 1992. IIRC in 1982 the IOUs were issued and paid back in the same day.

That was THEN. This is NOW:


20 posted on 06/25/2009 1:30:09 PM PDT by BP2 (I think, therefore I'm a conservative)
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