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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (466817)3/27/2009 2:02:58 PM
From: combjelly  Read Replies (1) | Respond to of 1574327
 
"I've conducted audits of many governmental entities"

Apples and pineapples. I was talking about the government as a whole, not individual entities.

"A "liability" is an obligation to pay at some future time. "

Precisely. And if they are printing money, which they are, then the obligation to pay goes away.