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04:11 AM

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Subject STUPID IS, STUPID DOES

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Original Message THIS FROM THE BBC (WOW IT MUST BE TRUE)

QUOTE

BBC NEWS
US treasury sells bail-out bonds

The United States government plans to sell bonds worth $55bn (£34bn) next week in an effort to finance its bank rescue programme.

In a first $25bn auction on Monday, the Treasury Department will launch a new type of bond, which will reach maturity after three years.

The rest of the amount will be raised later next week through the sale of traditional 10-year and 30-year bonds.
[link to news.bbc.co.uk]
UNQUOTE

SO THE TOXIC LOANS WILL AT SOME TIME "HAVE REAL VALUE"

SO YOU FIX THE TROUBLE WITH BONDS BY SELLING MORE BONDS TO REPAY THE BONDS THAT ARE NO GOOD.

OR IS THIS A WAY TO SORT OF HINT THAT THEY DONT REALLY HAVE THE MONEY, BUT DONT WORRY WE WILL SELL SOME BONDS TO THE GUYS DUMPING BONDS TO REPAY THE LOSSES THAT THEY MADE ON THE BONDS......................................

SUCKERS.

GL

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