[crz]

And just how good are those treasury securities?

[John Locke]

And just how good are those treasury securities?

Judge for yourself. Here is a real Treasury security.

Somebody paid 500 troy ounces of gold for the above piece of paper. Good luck getting it back. And double good luck getting any of "your" Social Security.

[OrioleFan]

And just how good are those treasury securities?

As good as the ability of the Federal Government to tax.