Iraq could turn to bonds next year to fund reconstruction. "Iraqis have announced no intent to deficit spend next year, but there are not a lot of choices available when one gets into a budget shortfall," Brinkley said.

This kind of planning is what we have been doing all these years, spend and sell bonds, spend and run a deficit, spend and borrow until it all comes down with a monstrous implosion.

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Liberals FEEL; Conservatives THINK

BILL FALLIN

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