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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (215383)2/2/2005 8:08:16 PM
From: TimF  Read Replies (1) of 1573571
 
Social Security does not own junk bonds or third-world debt; it invests in U.S. Treasuries, considered the safest investment on the planet.

Social Security has an asset. That asset is also an equal debt to the general fund. The net asset value to the government is $0.00. As you said, its Enron accounting.

Tim
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