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To: DannyTN

You say numerous unintelligent and irrational things.

I’ll respond to one.

You say that when the U.S. Government holds U.S. Treasury bonds they are just as much an asset to them as those bonds would be to China if it was China holding them. This is monumentally illogical. A U.S. Treasury bond is a contract for a stream of cash payments between the holder of the bond and the U.S. Treasury, the issuer. If China holds those bonds then they are entitled to receive that stream of payments in return for the fixed payment they made previously when they bought the bond. If the U.S. Government holds a U.S. Treasury bond they are entitled to receive the payments but they are also obliged to make them. Thus the net value to the U.S. Government of that bond which they hold is zero.

Everything else you have said in your posts to this thread is equally irrational as the above. I am beginning to suspect that you are an evil lying commie. If you are not an evil lying commie then you are crazy and stupid. Either way, you will never say anything decent and true. That I am sure of.


85 posted on 08/29/2011 2:49:34 PM PDT by rogue yam
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To: rogue yam

Watch the personal attacks.


117 posted on 08/30/2011 10:22:30 AM PDT by DannyTN
[ Post Reply | Private Reply | To 85 | View Replies ]

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