No. of Recommendations: 0
All they have to do is instruct the Treasury to issue "Medicare Bonds" for whatever amount is needed to fund Medicare for the next 30 years.

Bernanke will buy them - guaranteed. You know, unlimited Quantitative Easing. Bernanke's agreed to it in advance.

What is wrong with politicians when a painless solution is staring them in the face.

The Fed can fix all of the things they're arguing about with the CTRL+P command.

No worries.

</sarc>
_________________________

wouldn't it be better to maybe pay 200 percent interest and only sell them to the middle class and below?

The multiplier on that money in the economy should be close to infinity, and the program would pay for itself and fuel a massive economy.

We could have bond stamps issued to the poor in case they did not have the money to pay for these bonds. They can be held by Bernanke if necessary. Heck perhaps a special clause can be put into the first years interest on the bond to pay 310 percent to pay off the bonds, then repayment could be revenue neutral
Print the post  

Announcements

When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.