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 : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Stan J. Czernel who wrote (83414)	9/10/2008 5:43:31 PM
From: Steve Lokness	Read Replies (1) \| Respond to of 542907

Stan; I'm talking Deficit - not Debt. Clinton did generate a surplus - which could have been used to cut the Debt This only works if you think the interest on the debt doesn't count. It's like saying in your own life that you have a suplus because you don't count the interest on your mortgage. To suggest that interest doesn't exist in your mortgage or the national debt is to live in make believe land. It is the same as playing games with the money spent on the war in Iraq pretending it doesn't count. ....Well of course it counts as does the money needed to pay the interest on the money we owe. steve

To: Stan J. Czernel who wrote (83414)	9/10/2008 11:07:16 PM
From: bluezuu	Read Replies (1) \| Respond to of 542907

I'm talking Deficit - not Debt. Clinton did generate a surplus - which could have been used to cut the Debt, or employed to other good purpose. Clinton didn't really have a surplus. The govt is not balancing their books. They count revenue from social security without a corresponding obligation. If you do this kind of crooked accounting in govt, you go to the white house. If you do it at an insurance firm, you are convicted of securities fraud or a ponzi scheme and go to the big house.