Fortune Editor Suggests That the US Treasury Will Have to Start Defaulting On Its Bonds
Submitted by admin on Sun, 02/07/2010 - 23:17
Social Security is broke and will need a bailout, "even as the bank bailout is winding down" according to a Fortune story by Allan Sloan. Notice how cleverly the correlation is made between bank entitlements because of speculative excess and what is essentially the paid for portion of a retirement annuity invested solely in Treasury debt.
http://jessescrossroadscafe.blogspot.com/2010/02/social-security-is-broke-beware-of.html

