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To: Mary Cluney who wrote (90250)9/24/2007 10:59:06 AM
From: Jim McMannisRespond to of 306849
 
RE:"I hope you are not implying that we act like a banana republic and not have intentions of paying back borrowed money."

What the heck, just print more money and use that to "pay it back".



To: Mary Cluney who wrote (90250)9/24/2007 11:03:47 AM
From: DMaARead Replies (2) | Respond to of 306849
 
That is why I used brackets.

You inserted every cent.

The Fund is projected to grow until 2025 when expenses are expected to exceed income.

Incorrect. As long as the Treasury spends every sent that comes in, the PROMISES continue to grow but the fund does not. That being the case, why is the year 2025 relevant?

Also, the word "fund" in this context is incorrect:

fund (fund)
n.
1. A source of supply; a stock: a fund of goodwill.

2.
A sum of money or other resources set aside for a specific purpose: a pension fund.
B. funds Available money; ready cash: short on funds.