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

To: longnshort who wrote (316134)	12/17/2006 9:18:34 PM
From: RetiredNow	Read Replies (5) \| Respond to of 1573213

No, of course not. It is an accounting of our FEDERAL government's assets and liabilities. In there, should be a sizeable amount of social security assets in trust to pay us when we retire. Where is it? It's being spent every year as part of the general funds. Our leaders are raiding our social security retirement to spend on today's stupidities. And you want to defend that? If so, you are the real moron. I'm old, probably older than you, and have a sizeable retirement portfolio. So I'll never need to rely on social security. Will you? If so, you're not likely to see a dime of it. That pisses me off, because my kids are in that same boat. Old people today are ripping off the next generation and it gets me mad. If you want to take a look at total US household assets and debt, that is a different picture. I don't know the exact figures, but I think I read somewhere that total US household assets were around $60 trillion and total US household debt was something like $11 trillion. So the US private sector is solvent, but our government is not. You and I are forced to live within our means. Why don't we force our government to do the same?