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Old 11-29-2007, 12:34 PM
adios adios is offline
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Join Date: Sep 2002
Posts: 8,132
Default Re: Understanding the Social Security scam

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So you're saying that the U.S. has defaulted on it's bond payments? Wow that's news to me and here I thought that U.S. treasuries were viewed has having essentially no default risk.

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Of course not. They issue more bonds to retire the bonds outstanding and fuel the current deficit.

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Corporations do this all the time and have capital structures that are such they constantly have debt on their balance sheets. So what/

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I know you're smart enough to realize that.

You are such a silly person, who must spend a lot of time trolling this site looking for fights.

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I'm trolling? You reponded to a post where I asked a specific question that you apparently don't want to answer. Why respond to my post then?
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