Replies

To: bruinbirdman

once again, government is asking tax payers to bail out LENDERS. Who are these folks who keep lending money to government. They really should lose all their money

2 posted on 04/27/2010 4:38:11 PM PDT by 4rcane

So, what caused the market to tumble today? Levin interrogating Goldman Sachs? EUrotopia meltdown speculation?

yitbos

8 posted on 04/27/2010 4:44:34 PM PDT by bruinbirdman ("Those who control language control minds.")

once again, government is asking tax payers to bail out LENDERS. Who are these folks who keep lending money to government. They really should lose all their money

You are one of the folks lending money to government (assuming that you pay Social Security).
SS takes your money and buys treasury bonds with what's left over after they pay all the current SS recipients.
That's what's in your SS account lock box!

There are of course lots of other idiots that think that buying "Treasuries" is a safe investment......and up until recently they were right.....but not so much now.

9 posted on 04/27/2010 4:47:08 PM PDT by Politically Correct (A member of the rabble in good standing)

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