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To: NOW who wrote (254581)6/16/2010 4:30:02 AM
From: Skeeter BugRespond to of 306849
 
no - but that makes my point. there is no money and the only way to pay out that "surplus" is to marginally increase tax receipts by $2.5 trillion.

that ain't a "surplus" by any definition.

well, the other way is to devalue and/or debase the currency.

realistically, though, the elites will determine where the $2.5 trillion will go and my bet is they decide it goes to them and not to the people.

i don't like it, but that's the way i see it.



To: NOW who wrote (254581)6/16/2010 12:22:05 PM
From: bentwayRead Replies (1) | Respond to of 306849
 
"did you think those dollars actually sat in account somewhere?"

Of course not. The government always was required to put the money in T-bills. But, push come to shove, will OUR T-bills be as valuable as the T-bills held by foreigners?

That's the question. I want every penny made good, even if we have to sell our military to the Chinese.


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