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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Bread Upon The Water who wrote (240869)	12/31/2013 10:12:17 AM
From: Wharf Rat	Read Replies (1) \| Respond to of 541673

No, but I wouldn't mind seeing SSTF get a point more interest than China gets. Never know when the UST might voluntarily default, so we need to get a risk premium.

To: Bread Upon The Water who wrote (240869)	12/31/2013 11:14:22 AM
From: bentway	Read Replies (1) \| Respond to of 541673

"You mean limit the governments ability to borrow from the SSI trust fund?" Why not invest any surplus in government bonds? They're very safe. What I'd like to see is the bond's securing the SS be given special legal status, that they will be repaid BEFORE any other bonds, such as those held by foreign governments or private investors. Or, at least be given the SAME status. Remove the doubt that the government will stiff it's own citizens (as suggested by president George W. Bush) before foreign governments or private investors that hold bonds.