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Reply #17: Prior obligations will mean nothing when the government is bankrupt. [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
truedelphi Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-25-08 08:54 PM
Response to Reply #14
17. Prior obligations will mean nothing when the government is bankrupt.
Edited on Thu Dec-25-08 08:55 PM by truedelphi
I mean, I wish the Social Security and MedicCare obligations would be meaningful, but they won't be.

And Congress won't care - as long as they get their pensions, too bad about us.

The only satisfaction is that with 8.8 Trillion dollars already gone, Congress critters may be just as out of luck as the rest of us.

770 billion given away by the government between August 2007 to Sepetember 2008
Then the 700 Billion dollars of TARP
Then another 2 Trillion bucks
Then the 150 Billion to AIG
Plus the other guarantees, loans, and "gifts" made to supposedly 'BailedOut' our economy
Total = 8.8 Trillion dollars
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