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joetubes

(30 posts)

39. Bonds to China

Reply to TrollBuster9090 (Original post)

Fri Dec 28, 2012, 06:16 PM

Dec 2012

We don"t owe them either,its just more IOU's

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Here's a soft lie that must be debunked before it gets off the ground! [View all] TrollBuster9090 Dec 2012 OP

What a jerk. zeemike Dec 2012 #1

The lesser people... you know former_con Dec 2012 #2

Simpson is a master of rhetoric appealing to the young and the poor, while simultaneously screwing TrollBuster9090 Dec 2012 #9

Overconfident, bragging thieves have earned... BlueNoteSpecial Dec 2012 #40

Frankly, I lost track of how many lies he told there. TrollBuster9090 Dec 2012 #13

Did I hear wrong??? Plucketeer Dec 2012 #32

Excellent analogy... you heard it right... former_con Dec 2012 #35

May I post your analogy elsewhere? n/t bitchkitty Dec 2012 #43

Sure thing! Plucketeer Dec 2012 #44

So customerserviceguy Dec 2012 #3

Presumably the same way ANY of our debt obligations will be redeemed. TrollBuster9090 Dec 2012 #8

I like many things about Simpson, but he has this thing about Social Security, Honeycombe8 Dec 2012 #4

Thanks for expressing this so clearly. h2ebits Dec 2012 #5

Thank you! There's an equally clear solution. Remove the payroll tax cap. TrollBuster9090 Dec 2012 #19

Alan Simpson's version of the 47%. Lesser people. hay rick Dec 2012 #6

In fact, we know what the attitude of the elites is. TrollBuster9090 Dec 2012 #20

Rick's Burgers, in Spokane, hasa Whammy, a Double Whammy, and a Triple Whammy. jtuck004 Dec 2012 #7

Hah! Good point. TrollBuster9090 Dec 2012 #11

The largest holder of U.S. debt is its citizens Samantha Dec 2012 #10

All very true! It's even MORE clever than Norquist's 'starve the beast' strategy. TrollBuster9090 Dec 2012 #30

Those "IOUs" are US Treasuries, the epitome of security. Zen Democrat Dec 2012 #12

Exactly. UNLESS somebody is trying to float the idea that money owed by STATE governments to TrollBuster9090 Dec 2012 #15

Then why did RWers mock Gore for the SS Lock-box idea in 2000? nt ErikJ Dec 2012 #14

Better yet...why did they elect THE SHRUB when Gore was promising to use Clinton's budget surplus TrollBuster9090 Dec 2012 #17

Sometimes so-called conspiracy theories are just the truth. savannah43 Dec 2012 #16

Well, I'm a bigger fan of Occam's Razor. TrollBuster9090 Dec 2012 #18

"Why assume conspiracy when incompetence will do?" FiveGoodMen Dec 2012 #38

If they decide not to honor the Treasuries that SS holds Angry Dragon Dec 2012 #21

Iceland style! I like it! TrollBuster9090 Dec 2012 #26

The Social Security trust fund wouldn't be full of IOUs WhoIsNumberNone Dec 2012 #22

Simpson is about as bright as Jessica. AAO Dec 2012 #23

We are at a point, where the choice is Social Security or defense, and he refuses to cut defense. happyslug Dec 2012 #24

The big Republican Lie, told by a Republican liar and sadly, repeated even here sabrina 1 Dec 2012 #25

The "IOU's" in the Social Security Trust Fund... jjewell Dec 2012 #27

Yes, that would certainly be true if the SS Trust fund asked for the money when the Bonds mature, TrollBuster9090 Dec 2012 #28

What a clear view hodger Dec 2012 #29

Thank you! TrollBuster9090 Dec 2012 #31

Fantastic post Left Turn Only Dec 2012 #34

Hows that song go? Plucketeer Dec 2012 #33

It's all in t-bills. Republicans default on one single t-bill Warpy Dec 2012 #36

The SS Trust Fund could provide a written statement (like a bank statement) of borrowers and DhhD Dec 2012 #37

Bonds to China joetubes Dec 2012 #39

IOUs? paleotn Dec 2012 #41

What a creep. Quantess Dec 2012 #42