View Single Post
  #3  
Old 08-02-2011, 04:38 PM
dellinger63's Avatar
dellinger63 dellinger63 is offline
Keeneland
 
Join Date: May 2006
Location: U.S.A.
Posts: 10,072
Default

Quote:
Originally Posted by Riot View Post
Nope. No fairytail. You present a T-bill for cash, and it's cashed, with interest. You don't only get paid interest.

The last year we paid down our debt was right before Bush W. put us in the crapper. And I think his first year did, too.
If you could do that with a treasury credit there would be no problem. But you can't and that's where the fairytail part starts.
Reply With Quote