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


To: Joe NYC who wrote (220685)2/24/2005 8:57:55 PM
From: i-node  Read Replies (1) | Respond to of 1571051
 
You are still not getting it. The money you paid over your entire lifetime is gone. It went to pay the retirees at the time.

It is becoming humorous just watching this.

My guess is that the money would not be counted in the federal budget.

Your guess is correct.

Greenspan spoke so clearly on this subject a couple weeks ago. I wish all these people could have heard him.



To: Joe NYC who wrote (220685)2/25/2005 9:19:00 AM
From: Road Walker  Read Replies (2) | Respond to of 1571051
 
re: You are still not getting it. The money you paid over your entire lifetime is gone. It went to pay the retirees at the time.

The obligation is not gone, and neither is the surplus.

re: As far as how the accounts would figure in the budget, I have no idea. My guess is that the money would not be counted in the federal budget.

And what would that do to the Bush deficit, and to the subsequent interest rates, and the economy?

For that reason alone the program is DOA.

John