tag:blogger.com,1999:blog-6708375.post110907303047804021..comments2024-03-28T03:54:21.932-04:00Comments on Canadian Cynic: You say "Social Security", I say "cash cow".CChttp://www.blogger.com/profile/11406057201126015750noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-6708375.post-1109092415360346512005-02-22T12:13:00.000-05:002005-02-22T12:13:00.000-05:00Ate my comment, damn!
Anyway, as I was saying, th...Ate my comment, damn!<br /><br />Anyway, as I was saying, thanks for referencing my comment.<br /><br />Constitutional issues aside, imagine what would happen if the US Gov't did default on the Social Security trust fund. The trust fund is in the form of government bonds. If the gov't defaults on those bonds, it would send a signal to all holders of US government bonds (such as the central banks of China, Japan, and various European countries) that the US Government might not make good on their bonds. <br />That would be very very bad.Corihttps://www.blogger.com/profile/00931563994508917177noreply@blogger.com