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

To: Alighieri who wrote (466674)	3/26/2009 6:32:50 PM
From: Tenchusatsu	Respond to of 1574854

Al, > he hates anything that requires the country to behave like a unit... Such a sin. Must be an unnatural love of individualism. Resistance is futile ... ;-) Tenchusatsu

To: Alighieri who wrote (466674)	3/26/2009 10:58:03 PM
From: Steve Dietrich	Read Replies (1) \| Respond to of 1574854

Medicare is a ticking time bomb. But SS is very solid. People usually conflate the two in an attempt to claim SS is facing a crisis, which it is not. iode is one angry dude. He can't can't seem to admit the failure and wrongness of his dogmas, even as reality conspires against him. So he just gets madder and madder. My take anyway, maybe he's a great guy in person. SD

To: Alighieri who wrote (466674)	3/26/2009 11:03:26 PM
From: i-node	Read Replies (2) \| Respond to of 1574854

>> His point is unfunded liabilities, which as you note have nothing to do with the current debt, since we have not incurred the "unfunded" expense yet Fool. That's the entire concept of an unfunded liability. It is money for which the SSA is already on the hook which they don't have the money to pay. It is money we already know they're going to owe in the next several years which they are going to have to come up with. $12-15 Trillion. Where are they going to get it? Print it? So, Obama's going to print $10T to have a big socialist bash, and they're going to have to print another $12-15T to pay off retirees. And of course, they need another $30T to deal with an insolvent Medicare system. You don't think we might have a little problem with inflation? You people don't know enough about economics to run a f*cking lemonade stand.