DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Most Americans have the right idea on SS.

**prearpaccew** · 12-25-2005, 08:00 AM

They aren't bonds like you would invest in. It's a promise to pay. Aren't all Treasury bonds a promise to pay? My understanding is that they basically can't refuse to pay them on pain of bankrupting the government.

12-25-2005, 08:00 AM	#5
prearpaccew Join Date Oct 2005 Posts 466 Senior Member	They aren't bonds like you would invest in. It's a promise to pay. Aren't all Treasury bonds a promise to pay? My understanding is that they basically can't refuse to pay them on pain of bankrupting the government.
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