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The End of the European Dream | 276 comments (274 topical, 2 editorial, 0 hidden)
Calling Jake... (none / 1)
I'm not sure that a loan to Ireland would constitute an addition to the USA's total debt (and debt ceiling).  It would be a credit on the books of the Fed and a provision of liquidity rather an asset transfer?

Index of Frank's Diaries
by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Sun May 8th, 2011 at 10:08:54 AM EST
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The End of the European Dream | 276 comments (274 topical, 2 editorial, 0 hidden)
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