SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Wharf Rat who wrote (761545)1/6/2014 1:21:13 AM
From: i-node  Read Replies (1) of 1575319
 
>> SS doesn't have a $10 T deficit.

Of course it does. They call it an unfunded obligation, but it is a net accumulated deficit. Period, end of story.

I have tried to explain this to people like yourself, who don't understand the difference between cash and accrual basis accounting. Many times, with no success. You're not going to be the first. I have never met a liberal who understands it. While I do believe most of you are stupid people, I don't think you're ALL that stupid. So, at least in some instances, it is just a matter of not wanting to understand it.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext