tag:blogger.com,1999:blog-8301787602455775830.post2576957427142697122..comments2023-06-08T02:51:08.463-07:00Comments on ThatMansScope: Solvency and the Social Security Trust FundBlogmeisterhttp://www.blogger.com/profile/09403276569733381203noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-8301787602455775830.post-1352547550092098742011-09-10T19:40:44.915-07:002011-09-10T19:40:44.915-07:00No I don't know the exact difference between t...No I don't know the exact difference between the bonds, but I do know from expert opinion that both types of bonds carry the same government obligation to pay. If you think that the U.S. government is going to stiff the SS fund I guess you have a right to that opinion, but neither I nor lots of people with far greater expertise believe that.<br /><br />I see that you like to argue, but do you really believe that the U.S. government won't honor its debt to retired Americans -- would actually steal money owed to them? That'd be a pretty tough move to make politically -- sort of like refusing to pay our troops in Afghanistan. <br /><br />You are taking a very extreme anti-government position; I've never heard anyone say that the U.S. government would refuse to honor any of its bond obligations. Please explain.Blogmeisterhttps://www.blogger.com/profile/09403276569733381203noreply@blogger.comtag:blogger.com,1999:blog-8301787602455775830.post-73721431369064570432011-09-10T18:40:59.804-07:002011-09-10T18:40:59.804-07:00Do you know the difference between marketable Trea...Do you know the difference between marketable Treasury securities, which are the ones you read about in the Wall Street Journal, and the "special-issue" Treasuries that are held by the Social Security "trust fund"?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8301787602455775830.post-64174005933063723832011-09-10T11:36:49.824-07:002011-09-10T11:36:49.824-07:00There is no trust fund in the sense that there'...There is no trust fund in the sense that there's a pile of $2.5 trillion in funds sitting in an account that are ready to pay people's benefits. That "fund" doesn't exist. Your so-called "trust fund" does not hold any marketable securities. They are not the same type of Treasury bonds that you or I might own and would see quoted in the newspaper.Anonymousnoreply@blogger.com