Quote Originally Posted by surasak
That's because it's all IOUs from one government agency to another.
You must be a bit thick so I will make it easier for you to understand:

All countries in the world borrows money against Treasury bounds and they all eventually have to pay back their loans with interest.
Now, replace Social Security with Japan or whatever - if the money had not been borrowed from the Social Security Trust Fund it would had to be borrowed from somewhere else instead.
Or do you believe that without the loan from Social Security, the money would never been borrowed ?