----- Original Message ----- 
From: "Erik Reuter" <[EMAIL PROTECTED]>
To: "Killer Bs Discussion" <[EMAIL PROTECTED]>
Sent: Monday, April 05, 2004 5:52 AM
Subject: Re: Dan says SS = SSA



> But we don't need to lower interest rates further and encourage
> corporate balance sheets to become even more leveraged by flooding the
> market with billions of dollars for corporations to borrow. Unless you
> meant government bonds, in which case you wouldn't see much difference,
> you'd just be replacing one way of the government borrowing the money
> (I.O.U. from the SS accounts) with another (bonds).

Actually, its government bonds right now.  On paper, the SS trust fund
includes the money it makes from the interest accumulated from the
government bonds it has invested in.

Dan M.


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