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.

Politics : Sioux Nation -- Ignore unavailable to you. Want to Upgrade?

To: DavesM who wrote (16736)	5/11/2005 11:15:41 PM
From: bentway	Read Replies (1) \| Respond to of 361382

My own take is that the politicians have had no problem spending the SS surplus, supposedly voted in to keep SS solvent, just as if they were regular taxes. So, they'll just have to cut back on the wild military spending to make good on the bonds and pay SS from the general fund starting in 2018. If they don't, we boomers will make sure they won't be in office long.. Seems to be a lot of money avaliable here: globalsecurity.org Didn't Bush promise when he ran against Gore that he too, would honor the "lockbox" of SS? allenwsmith.com

To: DavesM who wrote (16736)	5/11/2005 11:27:09 PM
From: CalculatedRisk	Read Replies (1) \| Respond to of 361382

SS does not count against the deficit ... it is legally off-budget. Only the Enron style "unified budget" counts the SS surplus, and the Enron guys are going to jail<G>! The CBO uses the Enron budget. Beside they are wrong about the improvement to the deficit. Most of the so-called surge in taxes was due to non-withholding taxes from the RE bubble (look it up!). Gee ... I wonder if that will continue? ROFLOL. If you think I'm wrong about the deficit, go to the US treasury: publicdebt.treas.gov $7,757,824,559,756.40 Debt outstanding May 10, 2005 $7,136,491,126,797.91 Debt outstanding May 10, 2004 Increase in National Debt over the last 12 months = $620+ Billion. Yawn. $350 to $400 Billion is nonsense. I'm right. Don't be fooled by the accounting gimmicks!

To: DavesM who wrote (16736)	5/12/2005 3:12:02 AM
From: manalagi	Read Replies (1) \| Respond to of 361382

One sure way to fix Social Security is to put all members of Congress under Social Security. If they are not impacted by that system why do they care, nor what do they know?

To: DavesM who wrote (16736)	5/12/2005 9:17:39 PM
From: Karen Lawrence	Read Replies (2) \| Respond to of 361382

DavesM: "Should any political party attempt to abolish social security, unemployment insurance, and eliminate labor laws and farm programs, you would not hear of that party again in our political history. There is a tiny splinter group, of course, that believes you can do these things. Among them are [a] few other Texas oil millionaires, and an occasional politician or business man from other areas. Their number is negligible and they are stupid." - President Dwight D. Eisenhower, 11/8/54 I second President Eisenhower - people like you "are stupid."