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Old 08-02-2011, 05:33 PM
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dellinger63 dellinger63 is offline
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Join Date: May 2006
Location: U.S.A.
Posts: 10,072
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Quote:
Originally Posted by Riot View Post
Pssst ... it's okay, because we're the ones that would hand ourselves a Treasury Bill to sell ... it doesn't have to be a literal hard copy in a safe somewhere. The Treasury can sell a T-bill and credit the appropriate accounts :-)
That's all and fine but when the treasury has 70 billion on hand while owing $3.6 trillion it's gotten out of hand. Tell you what offer $3.6 trillion in t-bills tomorrow and see how fast you can't sell them. Ponzi's been caught! Those $3.6 trillion dollars are long gone! Unless new tax money is paid in there is no money to pay out! We got ripped off for $3.6 trillion and generations to come will suffer because of it. We can at least stop the madness and lock up SS funds in the future whether they be in actual issued t-bills or in some sort of other investment. Anything beats getting ripped off.
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