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Reply #26: For a self-titled "seeker of truth" you sure aren't doing much seeking [View All]

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Home » Discuss » Archives » General Discussion (Through 2005) Donate to DU
BillZBubb Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-13-05 02:01 PM
Response to Reply #16
26. For a self-titled "seeker of truth" you sure aren't doing much seeking
You clearly don't have a clue about finance. The US uses the Social Security surplus and issues bonds to cover the borrowing. So what? The government will repay Social Security when appropriate. Government bonds are not worthless, and anyone who knew anything about investing and finance would never make such an absurd and uninformed claim. In fact US treasuries are one of the most secure investments in the world.

And your "write yourself an IOU" example is sophomoric. You are not a government with tens of trillions in property holdings and the ability to tax the largest economy in the world.
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