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Politics : Formerly About Advanced Micro Devices

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To: TimF who wrote (225601)3/22/2005 6:30:58 AM
From: Road Walker  Read Replies (1) of 1571926
 
re: The obligation is a fixed amount.
*****
No it isn't.


Yes, it is. The fact that you don't know what it is in advance doesn't mean it isn't fixed. It's the principle for current retirees and future retirees currently over 55 regardless of private accounts. That's what's borrowed, and that's what accumulates the interest.

John
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