Ander's Market Theories

[AnderL]

Government is out panhandling.

http://www.treasurydirect.gov/govt/reports/pd/gift/gift.htm

Gift Contributions to Reduce Debt Held by the Public

The Bureau of the Public Debt may accept gifts donated to the United States Government to reduce debt held by the public. Acting for the Secretary of the Treasury, Public Debt may accept a gift of:

* Money, made only on the condition that it be used to reduce debt held by the public.
* An outstanding government obligation, made only on the condition that the obligation be retired and the redemption proceeds used to reduce debt held by the public.
* Real and personal property, made only on the condition that the property be sold and the proceeds used to reduce debt held by the public.

Gifts to reduce debt held by the public may be inter vivos gifts or testamentary bequests.