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To: VRWC For Truth
The system is DYSFUNCTIONAL and CORRUPT. Where do the assets for the IOUs come from? The assets are unicorns.

The "assets" for the "IOUs" come from the same place as those backing up the T-bills held by the Chinese, i.e., from the full faith and credit of the USG to honor them.

99 posted on 12/08/2012 9:59:30 AM PST by kabar
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To: kabar

The full faith and credit of the USG, ROFL. Pixie dust and unicorns. The USG is BROKE.


136 posted on 12/08/2012 3:00:18 PM PST by VRWC For Truth (Roberts has perverted the Constitution)
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