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On Sat, 09 Apr 2011 23:32:26 -0400, wrote:

On Sat, 9 Apr 2011 13:11:28 -0500, Boating All Out
wrote:

Last projection I saw for SS fund zero balance was 2037.

That all assumes the US has the money to redeem those treasuries.
Right now they would have to borrow every penny again from someone
else to cash those bonds. How is that not
upside down"?

Only the government can call a debt they have no way of paying, an
asset.

Only right wing nuts think a crisis that might happen in 30 years has
to be fixed in the current hard economic times.