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


To: TigerPaw who wrote (218106)2/8/2005 5:29:50 PM
From: TimF  Read Replies (1) | Respond to of 1572888
 
No, it's like paying your mortgage when it comes due even if you spent you paycheck at the track already.

When you pay your mortgage the holder of the mortgage gets positive cash flow. You have negative cash flow. If the mortgage is owned by a company that you own 100% you aren't really making anything on the transaction (unless you can work the tax implications to your advantage which isn't an issue with social security. In other words why the mortgage payments are an income stream to the holder of the mortgage social security debt payments are not an income stream that the government can use for any purpose. Its not just a matter of having already spent the money. If the general budget was 100% balanced, without needing to borrow from the social security fund the payments would still just be transfering from one account to the other, both owned by the government.

Tim