Silicon Investor (SI) -- The First Internet Community

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.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: jackjc who wrote (26008)	2/8/2005 1:09:37 AM
From: Larry S.	Read Replies (1) \| Respond to of 110194

jackjc, I would like to suggest that if the Treasury had not borrowed the surplus from SS, that it would have borrowed the same amount from the Public. However, without the Unified Budget to hide the increased debt, I believe Congress would have spent less. But, what this means, is that SS is not the problem. It is the Unified Budget. And, to me, to suggest that he payroll tax dollars contributed to create the surplus is gone is the height of fraud. It would be stealing from the masses to reward the rich (they pay a major part of the income tax), even though the rich won't pay until the special treasuries are redeemed. It too late. I give up. Larry