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Welcome to IWETHEY!

New Think you may need to revisit some definitions.
and maybe your public and corporate finance texts.

Debt is by design.
You were born...and so you're free...so Happy Birthday! Laurie Anderson

[link|mailto:bepatient@aol.com|BePatient]
New Happily I majored in Mathematics.
Pure mathematics, that is. If it smelled liked an application (and I do mean smelled) I avoided it like the plague.

Hence, I did not have "corporate finance" books in my curriculum. I'm just a poor old dumb North Carolina boy who was taught that a "debt" was something that you eventually paid back. Or else you declared bankruptcy, which is akin to conceding that you failed. ;-)
New Well it is!
But when you have lots of collateral...you can take out alot...and you can stagger it so as to have alot out all the time. And when you're a business there are people who calculate the "correct" amount of debt for you to carry.

Methinks you know these things already ;-)
You were born...and so you're free...so Happy Birthday! Laurie Anderson

[link|mailto:bepatient@aol.com|BePatient]
     Okay... now... who said the ECONOMY... - (folkert) - (37)
         Shhh.... - (bepatient) - (2)
             EOY budget spending -NT - (boxley) - (1)
                 I doubt it, those number are to big for that. -NT - (folkert)
         It looks promising. - (Brandioch) - (1)
             why pay goes up - (tablizer)
         I did - (ben_tilly) - (4)
             you will not see inflation any time soon - (boxley) - (3)
                 The question that I have then... - (ben_tilly) - (2)
                     Much like Japan is now - (boxley) - (1)
                         One catch - (ben_tilly)
         Yeah that &#% Clinton and his - (Ashton) - (23)
             Must you bring up the "Bad Old Days"? - (mmoffitt)
             what surpluses? Never happened -NT - (boxley) - (21)
                 1998 and 1999, for example. - (mmoffitt) - (19)
                     Just because you can - (imric)
                     nope, ya forgot the payroll tax -NT - (boxley)
                     Not if you counted social security - (ben_tilly) - (15)
                         I'll disagree. - (Brandioch) - (3)
                             Not from a Keynesian perspective - (ChrisR) - (1)
                                 Good point. -NT - (Brandioch)
                             No - (ben_tilly)
                         Do deficits really matter when there is no chance that ... - (mmoffitt) - (10)
                             in sheer dollars its huge, as a % of GNP - (boxley)
                             Yes - (ben_tilly) - (8)
                                 Leverage - (bepatient) - (7)
                                     Nah, that's what the nukes are for. -NT - (mmoffitt) - (1)
                                         Novel approach to calculating a D/E ratio, I suppose. -NT - (bepatient)
                                     But note... - (ben_tilly) - (4)
                                         Yes. We have quite the pyramid scheme going, don't we? -NT - (mmoffitt) - (3)
                                             Think you may need to revisit some definitions. - (bepatient) - (2)
                                                 Happily I majored in Mathematics. - (mmoffitt) - (1)
                                                     Well it is! - (bepatient)
                     Moff, you have your eyes in a blender -NT - (wharris2)
                 But I got a check for $375! - (tuberculosis)
         Who? - (Silverlock) - (2)
             By the way... - (inthane-chan) - (1)
                 Re: "very strange" - (Silverlock)

Yikes! Took me a second there to get my poop back in a group...
144 ms