Post by Gorf on Apr 8, 2005 1:27:51 GMT -5
He's going to personally contact each country that is holding US Treasury Bonds as part of the the US national debt and let them know that they're actually only holding worthless IOU's.
The impact will be a very quick reduction of the national debt by roughly $2 trillion dollars. That would get the national debt back in the neighborhood of where it was when his first term as president started.
The impact will be a very quick reduction of the national debt by roughly $2 trillion dollars. That would get the national debt back in the neighborhood of where it was when his first term as president started.