Savings bonds are considered "non-marketable" because they cannot be sold to anyone; they can only be redeemed by the Treasury (or by a bank that acts on behalf of the Treasury). Also, you can only buy them from the Treasury (or a bank). The other treasuries are "marketable" in the sense that you can buy and sell them on the secondary market (brokerage, etc). Even so, they are always issued by the Treasury and at maturity, redeemed at the Treasury by the last owner.
http://www.fatwallet.com/forums/finance/635928/
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Originally posted by Metal BrainProbably.
The author of this book claims that the SS surplus was not used to purchase bonds like many claimed. He also makes many other claims that are critical of guys like Allan Greenspan and many presidents, pretty much calling them all crooks regardless of political party.
http://ampedstatus.org/how-your-social-security-money-was-stolen-where-did-the-2-5-tr ...[text shortened]... on-surplus-go/#tap
My question is simple. Is the information contained in this link accurate?