Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
Do you complain about the national debt, and own any US Savings Bonds?
Just curious if there's any hypocrites out there who own Savings Bonds, but complain about the national debt.
3 Answers
- Anonymous1 decade agoFavorite Answer
I do. I don't think its hypocritical though. You cant control the government spending and by not buying T-bills or savings bonds you will not stop the government from spending. If you dont buy it then the next guy will.
With all of these banks failing and the economy being so bad you have to be smart about things and keep some money in a 100% safe investment. Sometimes you have to just realize some things will never change and you have to do whats best for yourself. You may think its hypocritical but I dont.
- Anonymous1 decade ago
Holding Savings Bonds isn't being a hypocrite. The problem is who authorized the sale of the Bonds in the first place? And that answer is Congress, in that is spends in excess of revenues and is short of cash. As such, it sells IOUs to make up the shortfall.. Those who buy them are just jumping into a profit pool, who wouldn't.
We need to pass a Constitutional Amendment to mandate a balanced budget.