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

To: Road Walker who wrote (483845)	5/28/2009 12:37:55 PM
From: Tenchusatsu	Read Replies (2) \| Respond to of 1573975

RW, > SS has a surplus right now. Only if you call out what advocates of Social Security have been trying to hide for decades: Current contributions go directly to beneficiaries. If you account for SS properly, it is vastly underfunded. But don't worry; The One is going to lift the FICA cap on all income above $250K. Nothing like a 12.5 percentage point hike in taxes to fund any entitlement program ... Tenchusatsu

To: Road Walker who wrote (483845)	5/28/2009 1:02:11 PM
From: Joe NYC	1 Recommendation Read Replies (1) \| Respond to of 1573975

SS has a surplus right now. Just like AIG credit default swap division had a "surplus". Joe

To: Road Walker who wrote (483845)	5/28/2009 1:07:16 PM
From: i-node	1 Recommendation Read Replies (2) \| Respond to of 1573975

>> SS has a surplus right now. Only to someone who doesn't understand the difference between cash and accrual accounting. It is bizarre that you maintain this insane position. Hell, when I explained it to you here years ago nobody was acknowledging the problem. Today, almost everyone -- even politicians -- are now admitting it. It is just that the government-run portion of health care (Medicare and Medicaid) is such a train wreck everyone is more concerned about THOSE today. Except you, of course, who seems to think government run health care is a great idea.