Social Security isn’t an Absence in belief

On 9/3/2010 10:56 AM, Michael Coburn wrote:
> On Thu, 02 Sep 2010 15:14:48 -0400, Beam Me Up Scotty wrote:
>
>> On 9/2/2010 3:39 PM, Michael Coburn wrote:
>>> On Thu, 02 Sep 2010 11:35:00 -0700, Davej wrote:
>>>
>>>> On Sep 2, 1:09 pm, DanielSan wrote:
>>>>> [quoted text muted]
>>>> So then the government can simply start stamping these bonds
>>>> “redeemed” and sending out the SS checks.
>>>
>>> That is essentially correct. It will show up in the real budget
>>> (excluding SS income and outflow) as a larger deficit than would
>>> otherwise be the case.
>>
>> That makes my money worthless.
>
> Nice lie. At present, government will _BORROW_ the money to finance the
> deficit. That will supposedly retain the value of the money because of
> the interest paid on the debt. Interest rates are currently very low,
> and the exchange value of the dollar well above its lows.

A corporation that is broke and borrowing money, sees it’s stock value fall.

The government is a corporation that is broke and borrowing money, and
they are printing more stock to sell……..