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rfranklin (1000+ posts) Send PM | Profile | Ignore | Mon Mar-14-11 01:06 PM Original message |
If the SS treasury bonds cannot be paid, then none can be paid |
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juajen (1000+ posts) Send PM | Profile | Ignore | Mon Mar-14-11 01:23 PM Response to Original message |
1. Great point! Now, let's spread it around. I am so sick of this totally |
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jtown1123 (1000+ posts) Send PM | Profile | Ignore | Mon Mar-14-11 02:32 PM Response to Reply #1 |
13. Krugman had a really good piece on this today: |
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ljm2002 (1000+ posts) Send PM | Profile | Ignore | Mon Mar-14-11 01:32 PM Response to Original message |
2. Absolutely spot-on! |
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Recursion (1000+ posts) Send PM | Profile | Ignore | Mon Mar-14-11 01:35 PM Response to Original message |
3. Except that Congress can simply tell the trustees not to redeem them |
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yodermon (1000+ posts) Send PM | Profile | Ignore | Mon Mar-14-11 01:46 PM Response to Original message |
4. "The validity of the public debt of the United States, authorized by law..shall not be questioned." |
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loudsue (1000+ posts) Send PM | Profile | Ignore | Mon Mar-14-11 01:50 PM Response to Original message |
5. The social security cap has GOT to be raised. It would fund social security PERMANENTLY. |
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Statistical (1000+ posts) Send PM | Profile | Ignore | Mon Mar-14-11 02:03 PM Response to Reply #5 |
8. Because benefits are based on amount paid in and it was intended to be insurance not a windfall. n/t |
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rfranklin (1000+ posts) Send PM | Profile | Ignore | Mon Mar-14-11 02:24 PM Response to Reply #8 |
9. Hardly a windfall... |
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Statistical (1000+ posts) Send PM | Profile | Ignore | Mon Mar-14-11 02:43 PM Response to Reply #9 |
14. That is why contributions are capped. |
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appal_jack (1000+ posts) Send PM | Profile | Ignore | Mon Mar-14-11 01:57 PM Response to Original message |
6. k&r |
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Statistical (1000+ posts) Send PM | Profile | Ignore | Mon Mar-14-11 02:03 PM Response to Original message |
7. Pension funds (including every public pension in the country) |
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rfranklin (1000+ posts) Send PM | Profile | Ignore | Mon Mar-14-11 02:24 PM Response to Reply #7 |
10. Its just a way of getting their attention... |
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Sonicwall (191 posts) Send PM | Profile | Ignore | Mon Mar-14-11 02:27 PM Response to Original message |
11. Revolution will not be televised |
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nomb (884 posts) Send PM | Profile | Ignore | Mon Mar-14-11 02:27 PM Response to Original message |
12. Handing over freshly printed money satisfies the debt. It's that easy. |
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DU AdBot (1000+ posts) | Mon May 06th 2024, 06:33 PM Response to Original message |
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