Who holds our national debt?

[Riot]

Interesting and detailed story on who holds our national debt

http://finance.yahoo.com/news/bigges...ov-t-debt.html

1. Federal Reserve and Intragovernmental Holdings
U.S. debt holdings: $6.328 trillion

2. China
The largest foreign holder of U.S. Treasury securities, China currently has $1.132 trillion in American debt, although it is down from all time highs of $1.173 trillion in July 2011.

3. Other Investors/Savings Bonds
U.S. debt holdings $1.107 trillion

4. Japan
U.S. debt holdings: $1.038 trillion

5. Pension Funds
U.S. debt holdings: $842.2 billion

6. Mutual Funds
U.S. debt holdings: $653.5 billion

7. State and Local Governments
U.S. debt holdings: $484.4 billion

8. The United Kingdom
U.S. debt holdings: $429.4 billion

9. Depository Institutions
U.S. debt holdings: $284.5 billion

10. Insurance Companies
U.S. debt holdings: $250.1 billion

[dellinger63]

So nice to know medicare and SS are the largest debt holders

[Danzig]

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[dellinger63]

The fact that our seniors’ future retirement check and healthcare is invested in one egg and not a portfolio of eggs is negligent at the least and criminal at the worst.

The fact ‘we’ as in ‘we the people’ hold, in our retirement/senior healthcare accounts, an amount equal to ALL U.S. Insurance Companies, Banks and Mutual Funds put together is alarming. The fact ‘we’ hold four times what they do, ALL OF IT, is criminal negligence.

How does anyone from the Occupy Wall Street Crowd to the Tea Party Folks justify the fact this President used cash money coming in the front door as SS/Medicare payroll taxes, that was marked down in a ledger as an IOU and sent out the back door, to among others, banks deemed to big to fail, not in an IOU form, but in cash. Oh and don’t ask which banks got the $$$ as that’s secret so as not to effect said individual bank’s business.

Yea this President is for the people, if ‘people’ means union/public sector workers, the chronically unemployed, illegals living in AZ and elsewhere, Egyptians, Pakistanis, and venture capitalists looking to start up hopeful solar panel companies and electric car manufacturers in Finland. And don’t forget the Fannie and Freddie execs that despite recording record loses, received record bonuses, something about retaining qualified people. LOL.

If you simply take the time to look, you’ll see the President wears no clothes and never did.

[Danzig]

Originally Posted by dellinger63

The fact that our seniors’ future retirement check and healthcare is invested in one egg and not a portfolio of eggs is negligent at the least and criminal at the worst.

The fact ‘we’ as in ‘we the people’ hold, in our retirement/senior healthcare accounts, an amount equal to ALL U.S. Insurance Companies, Banks and Mutual Funds put together is alarming. The fact ‘we’ hold four times what they do, ALL OF IT, is criminal negligence.

How does anyone from the Occupy Wall Street Crowd to the Tea Party Folks justify the fact this President used cash money coming in the front door as SS/Medicare payroll taxes, that was marked down in a ledger as an IOU and sent out the back door, to among others, banks deemed to big to fail, not in an IOU form, but in cash. Oh and don’t ask which banks got the $$$ as that’s secret so as not to effect said individual bank’s business.

Yea this President is for the people, if ‘people’ means union/public sector workers, the chronically unemployed, illegals living in AZ and elsewhere, Egyptians, Pakistanis, and venture capitalists looking to start up hopeful solar panel companies and electric car manufacturers in Finland. And don’t forget the Fannie and Freddie execs that despite recording record loses, received record bonuses, something about retaining qualified people. LOL.

If you simply take the time to look, you’ll see the President wears no clothes and never did.

dell, come on, this is not a new thing that's occuring with entitlement funds. that money has gone to various and sundry things for decades. doesn't make it right, but it's not as tho the current dispshits in congress and the white house just discovered a new way to pay bills.

[Riot]

Originally Posted by dellinger63

The fact that our seniors’ future retirement check and healthcare is invested in one egg and not a portfolio of eggs is negligent at the least and criminal at the worst.

Nonsense. Nothing safer than a definitive return with no risk to capital. The US has never defaulted on a bond. Never. You say we will?

Why can you not understand how the program works? Yes, money comes in: the US Treasury then sells the program a bond, so we, the USA, have income from our bond sales, and can spend it. The programs then have bonds that accumulate interest, are safe (rather than cash sitting in a bank vault), have the capital protected, and have always been reimbursed by the safest government in the world.

You want riskier investments? No thanks!

Trying to make this out to be some big secret theft is absurd.

Investment in US Treasuries has been the law since inception of the programs. There's a reason that money - my retirement and yours, the money we have invested into the programs - is restricted from being invested in the American stock market. Or China manufacturing growth. Or South American mining futures.

They are called "entitlement" programs because we have contributed, as they are not "giveaways" - thus we are entitled to get our money back, and as trustee of the program the US government insures that. As we always have, and always will (if the GOP doesn't blow these programs to smithereens, as Paul Ryan is going to attempt to do again this summer)

Yea this President is for the people, if ‘people’ means union/public sector workers, the chronically unemployed, illegals living in AZ and elsewhere, Egyptians, Pakistanis, and venture capitalists looking to start up hopeful solar panel companies and electric car manufacturers in Finland. And don’t forget the Fannie and Freddie execs that despite recording record loses, received record bonuses, something about retaining qualified people.

You forgot the poors.

[Indian Charlie]

That list is disinformation.

If you look up who the ultimate owners are of most of those entities, you would find that there are a few very insane, powerful and wealthy families that hold majority interests.