Comment

Graham Joins Loonies, Plans Government Shutdown

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garhighway1/03/2011 11:48:25 am PST

re: #56 gamark

Currently, but that is projected to change pretty soon. Meanwhile, all SS surpluses go into the general budget (in exchange for treasury notes). Sort of like me taking my household surplus, spending it and replacing it with an IOU from myself. (Then crowing about how much money I have saved)

So SS buying T notes with their surplus is inappropriate? What would you have them do with that surplus? How would you have them invest it? It seems to me like T notes are a pretty safe bet. Name something safer.