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View Diary: Should Americans Forgive the $2.5 Trillion Borrowed From Social Security? (181 comments)

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  •  Of course nothing was stolen and the (2+ / 0-)
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    84thProblem, DvCM

    Government Account Series bond issues are solid.  Maybe I didn't emphasize it strongly enough but anyone who implies that redemption of the securities depends on anythng other than the full faith and credit of the United States of American is full of crap.  

    People say all sorts of nonsense.  In one ear, out the other.  I didn't mention Reagan anywhere in the piece and I'm not very familiar with SSTF activity that occurred in the early 80s.  I believe its solvency was enhanced or restored but the details are hazy.  Problems I have with Reagan are outside the scope of this diary.

    "Those who deny freedom to others, deserve it not for themselves." - Abraham Lincoln

    by leftreborn on Mon Dec 03, 2012 at 11:38:38 AM PST

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