Funding the War

Max B. Sawicky sawicky at bellatlantic.net
Mon Mar 3 07:58:30 PST 2003


Borrowing for the most part. Drain some oil revenue, if they can get them pumping soon enough.

They're not going to 'print money.'

mbs

-----Original Message----- From: owner-lbo-talk at lists.panix.com [mailto:owner-lbo-talk at lists.panix.com]On Behalf Of Steven Sent: Monday, March 03, 2003 10:35 AM To: lbo-talk at lists.panix.com Subject: Funding the War

Can someone shed some light on how the administration is planning to pay for this Iraqi invasion? I understand that the Federal Employees Thrift Saving Plan trust has about $44 billion in assets, and I saw that Bush was looking to loot the ESF to pay Turkey off, but where is the rest of the doe-rey-me going to come from?

...are the boy on the hill going to approve the printing of more fiat?



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