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Politics : PRESIDENT GEORGE W. BUSH
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To: CYBERKEN who wrote (172645)8/19/2001 10:30:52 PM
From: J_F_Shepard  Read Replies (1) of 769667
 
"The Social Security "bond" is not a bond at all, but a worthless scrap with "IOU" written on it by the government-to the government. "

But aren't all T-bills, Savings bonds, E and H bonds, etc. just IOU's written by the very same government?
Are you suggesting there is a more secure investment instrument on the face of this planet? And what is anyone's bond but an IOU? If that SS money were not put into government bonds where would you put it to be more secure??? Al Gore's lock box????
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