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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?


To: geode00 who wrote (42504)4/21/2005 2:11:38 PM
From: 10K a day  Respond to of 173976
 
> the government is one giant money laundering machine

Totally agree. defence, real estate loans ,medicare prescription drugs, workers' compensation diverted to general funds, pension funds, it's all good...professional money laundering....at it's best.



To: geode00 who wrote (42504)4/21/2005 2:49:04 PM
From: Don Hurst  Read Replies (1) | Respond to of 173976
 
Correct me if I am wrong, but I think I heard Greenspan say today before the Senate Budget Committee that in 2001 when all the tax cut talk was going on, all the learned Washington types, CBO, etc., were concerned about "chronic budget surpluses" for the foreseeable future. I am sure I heard him say "chronic budget surpluses" as justification for the tax cuts in answer to a Senator's question about those tax cuts.

Now, I do not understand....where were all those "demographic certainties" I always hear about NOW that are going to bankrupt Social Security and Medicare and any other worthwhile social program this country has back in those faraway days of 2001?
Were the "chronic budget surpluses" impervious to those "demographic certainties" back in 2001?