RichB Posted July 6, 2006 Share Posted July 6, 2006 http://www.counterpunch.com/whitney07052006.html According to Tom Blackburn of the Palm Beach Post, Cheney has invested heavily in "a fund that specializes in short-term municipal bonds, a tax-exempt money market fund and an inflation protected securities fund. The first two hold up if interest rates rise with inflation. The third is protected against inflation."Cheney has dumped another (estimated) $10 to $25 million in a European bond fund which tells us that he is counting on a steadily weakening dollar. So, while working class Americans are loosing ground to inflation and rising energy costs, Darth Cheney will be enhancing his wealth in "Old Europe". As Blackburn sagely notes, "Not all bad news' is bad for everybody." Sorry if this is old news! Quote Link to comment Share on other sites More sharing options...
The Colour Posted July 6, 2006 Share Posted July 6, 2006 http://www.counterpunch.com/whitney07052006.html Sorry if this is old news! Quote Link to comment Share on other sites More sharing options...
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