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To: Cincinatus' Wife

Would they actually just sit in front of the telly and starve to death if the government checks stop coming? If so, good riddance.

The only hope for our own country is that the Chinese call in all their loans to our irresponsible government. As long as you fund a drug addict, he will get more dependent. We need to be forced to kick the government out of our lives cold turkey.


24 posted on 02/12/2011 6:21:14 AM PST by kittymyrib
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To: kittymyrib
The only hope for our own country is that the Chinese call in all their loans to our irresponsible government.

Treasury bonds can't be called in by the purchaser of the bonds. Over their lives (i.e. until their maturity date), interest payments are made every six months, with the final interest payment coincident with the repayment of principal. Treasury bonds owners can sell their bonds or opt not to buy any more Treasury bonds when their holdings mature. But they can't ask for the early return of their principal.

29 posted on 02/12/2011 7:35:09 AM PST by Zhang Fei (Let us pray that peace be now restored to the world and that God will preserve it always)
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