YAL in Action

Check out YAL activities on campus and updates from around the liberty movement.

Tag: Treasury Bonds
  • Build America Bonds

    Recently, I stumbled across an article entitled, “BABs saves issuers $12 billion, Treasury says.” According to the Treasury, “state and local governments will save $12.3 billion in borrowing costs by issuing federally subsidized taxable bonds, called Build America Bonds, during the first year of the program.” Up until now, I had never heard of BABs, …

  • Japan shedding American debt?

    Just as the Bank of China announces it is interested in reducing its foreign assets — or, in other words, in stopping taking on American debt — it seems Japan may be doing something along the same lines.  Reports Japan Today: Two Japanese nationals were detained by Italian financial police last week after trying to …