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Old 11-29-2007, 12:29 PM
Moseley Moseley is offline
Senior Member
 
Join Date: Jun 2007
Posts: 394
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.

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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