News for hackers. Stuff that matters.

A comment on Fed takes over AIG. Parent comment

Re:Fed takes over AIG by gills on Wednesday September 17, 2008 @02:51PM (#307368)
And the money to pay back the bonds comes from only one source - taxes. So yeah, we can borrow it now and make the grandkids pay it off.
[ Parent | on HN ]
Re:Fed takes over AIG by 0x44 on Thursday September 18, 2008 @08:21AM (#308107)
No, the money to repay the bonds comes from the sale of future bonds.
[ Parent | on HN ]