SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Actual left/right wing discussion -- Ignore unavailable to you. Want to Upgrade?

To: Lane3 who wrote (10007)8/3/2011 4:38:06 PM
From: TimF  Read Replies (1) | Respond to of 10087
 
Anyway, the question is not about anyone having a right, property or otherwise, to an entitlement but about whether the government not paying a legal financial obligation because it has no money would be called "default." If there is no money to pay, then the right to the benefit is irrelevant.

I would say that if there is no property, contractual or debt/creditor right to the money than not paying it isn't a default.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News