Thursday, February 26, 2009

A MODEST PROPOSAL

The Obama administration is planning to finance the "stimulus" by selling Treasury bonds to China.

I have an idea. It has been a time-honored American tradition to "cut out the middleman" by selling directly to the customer. GEICO does it; Amazon.com does it; Craig's List does it. Why don't we?

Sell our personal bonds to China, that is. Cut out the Treasury Department entirely, and save our children a little money.

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