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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (44767)8/9/2010 5:47:22 PM
From: Peter Dierks  Read Replies (1) | Respond to of 71588
 
Many bankrupt people go on for years pretending to be what they are not. Eventually they cannot borrow enough to service their mounting debt.

The Treasury Bonds are worthless. They require additional borrowing or tax revenues to pay for their redemption. Please refute this basic fact.

I see you cannot refute this. I take that as another win over your partisan politicing.

Until the economy grows enough to grow tax receipts without overtaxing people to the tipping point the SS Fund remains as bankrupt as a democrat's morals. Democrats plans are to push the economy over the brink rather than allowing it to grow.



To: DuckTapeSunroof who wrote (44767)8/26/2010 2:10:40 PM
From: TimF  Read Replies (1) | Respond to of 71588
 
Coupon interest is still being paid on schedule....

You get no income from paying yourself interest.