SI
SI
discoversearch

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: i-node who wrote (434931)11/14/2008 10:37:38 AM
From: Alighieri  Read Replies (1) | Respond to of 1574854
 
SS has cash on hand, but it is not a surplus. The cash is a direct result of not having recorded the liabilities for its commitments.

You have been whistling dixie for as long as you have been making this obvious point. If you go back to the start of the exchange between Ten and me, you'd find that the a different angle was being discussed...not this one.

The unfunded liabilities are computed fixing contributions to today's level. If contributions were increased the unfunded liabilities would net to zero. This is an ethical discussion, an area in which you are not an expert.

Al