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To: Don Lloyd who wrote (114313)	7/24/2001 6:45:58 PM
From: Box-By-The-Riviera™	Respond to of 436258

how would the lock box theory work.. like a chastity belt at the chicken ranch?

To: Don Lloyd who wrote (114313)	7/24/2001 7:22:27 PM
From: KyrosL	Read Replies (1) \| Respond to of 436258

Don, >>The Trust Fund IOUs are NOT equivalent to publicly held government debt exactly because they are NOT held by the public, but by the government. I am sure that the government will keep paying SS benefits at least until the Trust Fund balance reaches zero -- as it very probably will over the next 30 years or so. I also think that Trust Fund assets may in fact be more secure than publicly held government debt. I bet that the retired and soon to be retired Trust Fund beneficiaries have considerably more voting power than the holders of public US debt -- many of them foreigners. Kyros