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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Raymond Duray who wrote (34048)5/20/2003 8:12:45 AM
From: smolejv@gmx.net  Read Replies (1) | Respond to of 74559
 
>>His book sounds really interesting.....

"Infectious Greed" --

amazon.com. <<

.F.I.A.S.C.O. is not bad either;

amazon.com



To: Raymond Duray who wrote (34048)5/21/2003 5:20:15 AM
From: Hawkmoon  Read Replies (1) | Respond to of 74559
 
Sorry, I simply cannot accept this twisted logic.

Why does this not surprise me??

The Social Security portion of government revenues is running a tremendous surplus.

Indeed it is... AND JUST WHERE DO THEY PARK THAT CASH SURPLUS???!!!!!

A big savings cash savings account drawing interest for 10-15 years??

NO.

IT IS INVESTED IN TREASURY BILLS... IE: Government Debt.

All 142 Billion of it... That's 142 Billion in Government debt that accrued in 2003.

concordcoalition.org

And if you want to know more about how SS boosts the National Debt, I suggest you read Martin Gross:

amazon.com

Hawk