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Bonds are a concern

I would like to respond to Terry Gunn (Readers' Forum, Feb. 9). His letter discusses the Social Security trust fund. The trust fund is invested in U.S. government bonds, the same bonds that are held by central banks around the world, the same bonds that comprise the backbone of private and public pension funds throughout the country and the same bonds that are widely considered to be the world's safest investment.

If we were to default on these bonds, Social Security would be the least of our worries, because a default would mean that we were in state of total collapse.

Roland Kayser

Murray