Monday, October 25, 2004

Paying for the war

Forbes Magazine suggests the Treasury is missing an opportunity to save billions on the cost of the Iraq war. War bonds could be sold, paying between 4% and 5%. We could promote them the way war bonds were promoted during WWII, and a lot of people might buy them to show support of the war.

And since a lot of government paper is bought by buyers in Japan and China, they would wind up paying a lot of the costs of this war.

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