airforce
You have to remember how it works.
1. If you look at this board at S&P then get a copy of the Attendance rosters for the Bilderbergers you should see three or four names the same. Then look at the present and past members of the Federal reserve Banks and there again will be a couple.
2. Then look at how we get our money. The Treasury Dept (Gaither) takes out a fresh stack of Treasury Bond sheets. He prepares the bonds and signs them to make them negotiable. Then he calls Bernaki at the FED and lets him know. Then Bernaki calls the US Printing Office and asks them to print a number of sheets of bills to match the Bonds. The Printing Office prints, binds, and delivers them to the Fed. The Treasury Dept delivers the Bonds to the Fed.
Did you hear me mention any real value being exchanged.
The only difference between a Treasury Bond held by the UNITED STATES OF AMERICA Corp at AAA and AA+ will be the interest owed. Since we never pay them off just pay the interest it will be business as usual come Monday morning.
However in Europe where they are holding a S#$% pot of them it will be lights out.
However if you, or Social Security, or a foreign nation holding one of the bonds they should be used for Wallpaper.