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Posted: 12/18/2009 7:14:57 PM EDT
Don't get me wrong, but I love this country.  I lost just about all faith in our government (excluding the military of course!).

The whores in our government can't even manage their own finances (remember Rubbergate?) let alone the financial in's and out's of this nation.

If the government was a business, it would have gone into bankruptcy a long time ago due to its financial ineptitude.

I have no faith whatsoever in the government funding the financial obligations of social security, medicare, unemployment, or even savings bonds.  

I'm in my mid-thirties and I am not expecting ANYTHING to be left in social security, medicare or any government program for my generation.




Link Posted: 12/18/2009 7:33:00 PM EDT
Not expecting? Hell they already sent me a letter TELLING me to expect a -.75% return or something like that. Face it, if FedZilla were an insurance company, they would be SHUT DOWN for insolvency and the CEO/leadership would go to jail.
Link Posted: 12/18/2009 7:37:11 PM EDT
You and a lot of other countries.
Link Posted: 12/18/2009 10:40:32 PM EDT
But if you don't buy bonds, how will you pay for the war?



Ch-ch-ch-CHINA!  
Link Posted: 12/19/2009 12:43:25 AM EDT



Originally Posted By superjc:


Not expecting? Hell they already sent me a letter TELLING me to expect a -.75% return or something like that. Face it, if FedZilla were an insurance company, they would be SHUT DOWN for insolvency and the CEO/leadership would go to jail.


I got that letter too. Do you have to realize how bad it must be for the FedGov to admit ANYTHING of this nature? The system is insolvent if it can't pay back at LEAST the amount that is being LOANED to it.  We are unwillingly locked into paying a system that has a guaranteed loss. It's a bad situation. Real bad.



 
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