View Single Post
  #20   Report Post  
DSK
 
Posts: n/a
Default

Jeff Rigby wrote:
You missed the point dude,


No, I didn't. But it's obvious that you know NOTHING about macro
economics... my bad, you've written as if you have some sense at other
times. Maybe it's more that you refuse to learn.

... The money is not there if Bush has to borrow
dollars to finance the private accounts.



Horse hockey. The money was borrowed from hundreds of years back. Why
should it change overnight?

... IF it was there then he wouldn't
have to borrow the money.


Is this an excuse for President Bush to spend like a drunken sailor on
everything *else*?

For one department of the federal government to come up with the money to
redeem the Treasury notes another has to borrow money by issuing more
treasury notes. You try to do that and you will go to jail, it's called
floating a check.


Gee, I never realized that gov'ts have to follow the same rules as people.

You can't print my own money either, or declare war and start killing
people, or bury spent plutonium & medical hazardous waste your my back
yard, etc etc etc.

DSK