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

To: goldworldnet who wrote (357267)	11/6/2007 7:45:08 PM
From: bentway	Read Replies (1) \| Respond to of 1574045

"Unfortunately the government spends SS as it comes in on the deficit and may never pay it back." They'll pay it back pal. As a boomer, the largest voting demographic EVER, we're going to DEMAND it, and the pols will DO it. We don't care if they have to sell our entire ridiculous military to China and India and all our nukes and missiles to Venezuela - we're going to GET the SS we've paid in and more..

To: goldworldnet who wrote (357267)	11/6/2007 8:12:14 PM
From: Road Walker	Respond to of 1574045

Unfortunately the government spends SS as it comes in on the deficit and may never pay it back. They spend the money they borrow from virtually everyone in the world (treasury bonds) as well. Does that mean they don't have to pay it back? If a company works on a credit line does it mean they don't have to pay it back? If you have a mortgage but pay bills before you pay off your total debt does that mean you will never pay it? SS is just like any other government financial obligation... except it has the unusual aspect that it is actually running a surplus. That makes it really hard for people to understand... inflow exceeding outflow in a strange government concept for a lot of Republicans. But back to the main point; it the wars had a dedicated tax there would at least be transparency, as there is with SS.