Buy Rebuild America Bonds

Part of the current liquidity problem is individuals and institutions who are hoarding cash. And who can blame them given the performance of stocks and bonds. But do you remember War Bonds? Well, neither do I. But I’d love the chance to invest in the future of America. I think President Obama and the new super-majority House and Senate should direct the U.S. Treasury to issue American Recovery Bonds that pay 4.0%-4.5%, federal tax-free with 25-year maturities. The revenues would be used to fund infrastructure projects including highway repairs and solar- and wind-power generation plants. All that money goes to working Americans who in turn keep our economy and credit markets alive. I’d buy them, wouldn’t you? Good investments for those 401(k)s and IRAs, too.

2 thoughts on “Buy Rebuild America Bonds

  1. If McCain or Obama get elected, I would not go near “American Recovery Bonds” as the US will default on it’s debts in less than a decade. It’s not a matter of “if”, it’s a matter of “when” and the actions taken by the Fed and the US gov’t over the last 90 days have brought us that much closer. In fact, we’re an event or two away right now. What’s coming will make what we’ve seen so far look like a walk in the park. Silver lining is… no one worries about their 401k when they’re worried about feeding themselves.

    Oh, and Loosely Coupled is a great book.

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  2. I think this is a great idea.My wife and I were talking of this “Rebuild America Bond” a few weeks ago. We the American public are being ask to do somthing for our country, besides go shoping,. I would buy them.

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