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Government securities |
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The bonds, maturing in 2015, are part of Venezuela's largest debt issue ever in Europe and will refinance existing government debt. Government debt every year, thus propping up the dollar, buying the complicity of our government, creating the illusion of minimal inflation, continuing the exportation of our industries and postponing the realization that our nation has been beggared. Jerry Weisbecker has been named managing director in the Los Angeles office of Stone & Youngberg LLC, an underwriter of tax-exempt local government debt. |
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