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To: steveab
You don't need a personal account to obligate the government. I have some US bonds around here. That's an obligation on the government whether or not they have the cash lying about to pay me.

Not to say you've got a flawed argument, but it is not sufficient to the case. If I and 90 million others are under the impression we BOUGHT AND PAID FOR a government obligation, I don't think your one vote counts.

15 posted on 04/23/2011 9:12:01 AM PDT by muawiyah
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To: muawiyah

“Not to say you’ve got a flawed argument, but it is not sufficient to the case. If I and 90 million others are under the impression we BOUGHT AND PAID FOR a government obligation,”

Yes FICA Bought and paid for government obligation. The question is who is the government obligated to whom and went? The revenue from the bond sale goes into a general fund and then handed out to whoever the elected elite decides should get the money. Then sometime in the future when the bonds become due they pay it back with money that is NOT WORTH as much.


23 posted on 04/23/2011 12:45:16 PM PDT by steveab (When was the last time someone tried to sell you a CO2 induced climate control system for your home?)
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