Replies to Msg. #848131
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 Msg. #  Subject Posted by    Board    Date   
57556 Re: Dems Target Private Retirement Accounts
   Perhaps, OCU, What you personally need to most think about . . . is...
Zimbler0   FFFT   09 Nov 2013
12:35 AM
57537 Re: Dems Target Private Retirement Accounts
   So you're suggesting that if the Social Security 'trust fund' was hand...
oldCADuser   FFFT   08 Nov 2013
9:38 AM

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Re: Dems Target Private Retirement Accounts

By: Zimbler0 in FFFT
Fri, 08 Nov 13 5:49 AM
Msg. 57532 of 65535
(This msg. is a reply to 57531 by oldCADuser)
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OCU> I think you will find that the Social Security Administration is required by federal law to invest any annual SURPLUS into the so-called 'trust fund', which consist of Treasury Notes.


And,
if the government defaults on those Treasury Notes?

If China stops buying our paper, what happens?

If the Saudi's (and the rest of OPEC) decide to
barter oil in something other than dollars . . .
what happens?

We have a government which is seriously addicted to
debt . . . you think the rest of the world can't see it?

Zim.




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