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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (195751)7/24/2004 10:44:31 PM
From: tejek  Read Replies (1) | Respond to of 1572786
 
Let me see.......a pyramid scheme? You put money into a retirement fund so that you will have some income when you retire. Dang! A lot of American corp. have been doing the same thing for years.........are they all pyramid schemes?

I'm sorry, you haven't the analytical skills to discuss this subject.


Is that it.......or don't you have the analytical skills and technical understanding to explain it?

Technically? What's technically mean?

Technical Insolvency is a condition in which an organization's liabilities exceed its assets.


So you're saying that SS's future demands [its liabilities] exceed its ability to pay out [from its assets]. See.....now that wasn't so hard. Even a liberal can get a very complicated issue if you just give him some time and space. ;~)

And now wasn't your president's solution to this "technical insolvency' was to invest SS funds in the stock market aka as the biggest casino in the world? From a CPA's POV, did you agree with that approach? Do you think it will take care of the technical insolvency? If not, what is your solution?