Treasury plans to auction 30-year bonds on a monthly basis to deal with record debt levels (Reaganomics, Pelosi)

[pghquest]

Treasury plans to auction 30-year bonds on a monthly basis to deal with record debt levels - NewsFlash - Syracuse.com

This is todays news, cant blame Bush for this one, but liberals will try..

[Huckleberry3911948]

does not matter who is in DC, the circus show goes on
eventually IOU's have to be paid. its comin. many experts including japan's own guru, richard Koo defend reaganomics "debt is just a number" its a horrid mistake. brazil did it right austerity.
painful but effective.
you cant cast out debt with debt, debt is slavery.
this is why japan is still stagnant 15 years later.

[wdavid002]

Pretty soon they will have to give them away with a tank of gas....won't be worth very much..thank you Obama / Pelosi / Reed..

[ViewFromThePeak]

When the patient suffers from cardiac arrest, why don't they just keep shocking them instead of calling the time? Not just twice or three times, but maybe 100 times?