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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (2456)	9/18/2008 11:50:26 PM
From: RetiredNow	Read Replies (1) \| Respond to of 86356

The thing is, Tim, if there is hell to pay for defaulting on an obligation that was reasonably expected to be fulfilled, then it is a debt. The rest is legal semantics. If we default on our national debt, no country will lend us money anymore and our economic will collapse. If we legislate our social security away in a short period of time, then there will be a citizens revolt and all the current legislators would lose their jobs and we'd get it reinstated by the next folks who promise us to restore it. So again, I understand we don't treat it as a debt, but we should, because by any reasonable 3rd person's view it is a debt. BTW, you have got to be a lawyer. Am I right? I bet you could argue semantics all day and not miss a beat. Sometimes, I feel like we argue over semantics rather than core issues, which is like banging my head against the wall.