Formerly About Advanced Micro Devices Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: RetiredNow who wrote (218550)	2/10/2005 10:40:43 AM
From: combjelly	Read Replies (1) of 1574056

"SS will be bankrupt by 2042, because liabilities will exceed the market value of their assets." Have you told Snow yet? he doesn't seem to be clear on that... During his testimony, Snow was asked by Rep. Lloyd Doggett (D-Tex.) how the administration could describe Social Security as headed for bankruptcy when many private companies have pension plans for which they cannot currently meet all their obligations. Bush said in his State of the Union address last week that unless Congress acts now to restructure Social Security and create individual investment accounts for younger workers, the system will "be exhausted and bankrupt" by 2042. Snow acknowledged that "there is a major difference between not being fully funded and being bankrupt." washingtonpost.com Now true, he still thinks SS is doomed. But... Go get'em Lloyd! I guess we now know why the tried to screw you...

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next