wrote in message
...
On Wed, 27 Jan 2010 20:23:22 -0800, "nom=de=plume"
wrote:

Since the US gov't isn't insolvent, broke, perhaps you would like to try
for
some other point? We're servicing the debt just fine. It can't go on
forever, but it's still manageable.

This really gets down to net worth. If you owe more than you could
cash out for, you are broke. I had this explained to be by a financial
planner in the early 70s and it turned my life around.

The federal government probably has a positive net worth but are we
really willing to sell off all the federal properties?


We have quite a bit more than a slight positive net worth, and there's no
reason to sell off anything. We're not being liquidated.

--
Nom=de=Plume