To: Thane_Banquo
A bondholder cannot tell the US government what to do just because he owns a government bond.
The bondholder can tell the debtor to pay, and right now the government is not in a position to do that.
To: MarshalNey
We are always in a position to pay, WE PRINT THE MONEY!! Its a beautiful scheme really. bSure we could cause inflation, but defaulting is really not even an issue. If the U.S. ever defaulted, the entire world econmy would be destroyed.
49 posted on
07/29/2002 11:12:36 PM PDT by
Blackyce
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson