Politics for Pros- moderated Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Politics for Pros- moderated

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TimF who wrote (112311)	5/2/2005 6:37:19 PM
From: Bridge Player	Read Replies (1) of 793928

Tim, the Department of the Treasury can issue new Treasury bonds any time they want to. If there was still a surplus of SS income over outgo, the extra funds would simply be used to purchase those bonds, and they could be kept in a really-and-truly trust fund, instead of the vapor-trust-fund that currently "exists". In this case the Social Security Administration would be the buyer, and they would own a real asset. When the equation changed and the outgo started to exceed the inflow, the bonds would be sold and the proceeds used to make up the difference. There would be a quite ready and willing marketplace for those bonds, just as there is today. All this totally hypothetical, to be sure.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next