Thread: The random political thoughts thread (Part Deux)
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Old 10-02-2007, 07:43 AM   #2574
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Quote:
Originally Posted by Moonliner View Post
I don't think that's right. Someone has to purchase the original bond. Typically it's the individual who pays the base price of the bond. Under the Hillary plan the initial $5,000 still has to be paid, it's just the cash is coming from the Government not you (Which of course really means from you.)
Makes sense, but if the government issues a government bond to someone, do they have to put up the 5000 upfront into some account, or is it just a promissary note to give out the money to the bearer once it matures?
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