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

To: DuckTapeSunroof who wrote (44982)	8/19/2010 3:44:20 PM
From: TimF	Read Replies (1) \| Respond to of 71588

If it is "meaningless" then ALL US Treasury Bonds are "meaningless". Totally false. I believe that if the day ever comes when the US stops payment on it's debts Not paying IOU's to yourself is not repudiating your debt, you don't really have a debt and an asset, they cancel each other out you have nothing. If you want to imagine as a debt, well then you are the creditor. A creditor canceling a debt doesn't about to debt repudiation, default, or stopping payment.