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To: Cathy
HAHAHAHAHAHAHAHA - good one - TRUST FUND - lol!

On December 31st they were sitting on $2.5 Trillion of US Treasury IOU’s.

Even better one!!!!! Unable to sell Treasuries so Fed is purchasing 47% of them. "Others" (?) are buying a big chunk and a bunch of what "foreigners" are buying are being bought back by the Fed within 10 days of the initial "sale." AND they plan to cash in these Treasuries that SS holds. Toilet paper... BWAHHHHHHHHHAAAAAAAAHA!

27 posted on 01/06/2010 12:01:36 PM PST by penowa
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To: penowa

[Toilet paper... ]

Actually, toilet paper has some useful value! Heck, you can’t wipe with those IOU’s!!!!


28 posted on 01/06/2010 12:05:57 PM PST by ExTxMarine (Hey Congress: Go Conservative or Go Home!)
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