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Pastimes : The Official SI Oxymoron Thread

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To: EL KABONG!!! who wrote ()	7/4/1999 4:32:00 AM
From: Gersh Avery	Read Replies (2) of 116

Hi Kerry and thread This looks like just the place to put this up. I've been getting burned up about this "budjet surplus" lie that is being rammed down our throats. I feel comfortable stating that the majority of Americans view Social Security as a pension. One that might fail, but a pension nontheless. You make regular contributions you can check out your account balance there is a vesting procedure etc. Why is this important? Well, this "surplus" exists only within the Social Security cash flows. The entire rest of the Federal Government is still spending more money that it takes in. OK .. so what?? Does everybody agree that this "surplus" doesn't stand a snowball's chance in hell of covering all the payments that it is supposed to? How dare they call that a "surplus?" Perhaps they have already decided that it will never go to the intended persons .. therefore it's alright to just take it. .. I guess that if it is properly stolen then it would be a surplus. OK .. the program's in trouble .. nothing new .. so what? Well .. now we get into some of the oxymoron stuff. "We should use a large part of the surplus to help save Social Security" (I think that qualifies as a major oxymoron) Why do these folks think that they have the *RIGHT* to take even one penny for anything else???? Here comes the next one .. at first I thought it was a good idea, then I thought about it some more. "If we used the surplus to pay down the national debt we could erase it by the year 2015!" When surplus money comes into Social Security, they buy US bonds with it. Almost like IOU notes from the mob in the union fund box... OK .. the money is gaining interest .. cool .. so what? ummmmm .. excuse me .. can I borrow ten dollars to pay you the 10 dollars that I owe you? If you let me do so, over and over again, after a while I'll have you all paid off. This one is good .. real good. The only way that it could work is if Social Security no longer purchases bonds and any excess funds collected are turned over to the general budget. We're talking about the general, total confiscation of Social Security. I would guess that all bonds being held by Social Seurity at that time would be defaulted also. OK .. so what's the bottom line? Every day that there has been talk about the "budget surplus" the federal debt has gone up. Every single day. Amazon.com needs to use some of these people <GG> They would show a profit real fast. So .. oxymoron review: When they say "budget surplus" translate that as "modern math" When they say "some of it to save Social Security" think "They're ripping off some of the Social Security surplus." When they talk about using the surplus to reduce the debt think "the idiots want to borrow their way out of debt."

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