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Politics : Impeach George W. Bush -- Ignore unavailable to you. Want to Upgrade?


To: Oral Roberts who wrote (6165)8/22/2001 4:37:13 PM
From: Don Hurst  Read Replies (1) | Respond to of 93284
 
>>"....which means it is running up our debt, right?"<<

Now I got it....Social Security is running a surplus but it is also running up our debt? Did they sneak in some Russian Bonds? Btw, the SS system has been around for over 60 years working quite well...and you say it has been broken since its' inception. The idiot's tax plan has been around a couple of months....now that is something that is broken!

Read Maureen Dowd's column today. You may be right about the use of the word "idiot". I need to pluralize it.."idiots"

Message 16246688



To: Oral Roberts who wrote (6165)8/22/2001 9:11:57 PM
From: jlallen  Read Replies (1) | Respond to of 93284
 
Jeff, call a spade a spade. What Donbo's post points out is an inability to grasp a basic political FACT. JLA



To: Oral Roberts who wrote (6165)8/25/2001 2:44:39 AM
From: jttmab  Respond to of 93284
 
This post points out your very limited ability to grasp the big picture here. It is supposedly in trust earning interest, right. But it is on the general budget being spent (always has been it has never been anywhere truly earning interest) which means it is running up our debt, right? And you think this is good?

You're throwing a few verbal grenades here yourself [referring to a later post].

But to the budget and interest. Specifically, it has never been anywhere truly earning interest! the SS Trust Fund is in Treasuries, a debt instrument.

but what we have now is paper not worth the ink it would take to print that we can never hope to repay

That's very interesting. What you're saying is the national debt [which is all in debt instruments, such as Treasuries and Savings bonds] is printed on paper not worth the ink it would take to print, i.e., all the existing Treasuries and Savings Bonds are worthless! Which is a much larger problem than SS can ever imagine to be.

Is that what you mean to say, that all US Treasuries and Savings Bonds are worthless?

jttmab