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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Larry S. who wrote (90290)	9/10/2009 4:42:32 PM
From: Peter V	Read Replies (1) \| Respond to of 94695

your link does not work as posted because you included a period (.) Here it is: fms.treas.gov

To: Larry S. who wrote (90290)	9/10/2009 5:20:39 PM
From: Peter V	Read Replies (2) \| Respond to of 94695

I think the "balances" you are referring to are found on page 25, not 6. They appear to be the amount of investments in federal securities, Treasury securities to be exact. Maybe I'm wrong, but I don't think this accounts for the receipts and outlays of the Fund, which are found on pages 6 and 16, respectively, and show receipts of 42,473 and outlays of 46,719 for July. That's a net deficit. On a fiscal year basis, they have received 472,229 and outlaid 457,561, so they do have a net excess for the fiscal year. But last year these numbers were 473,061 and 423,885, which shows that receipts have dropped slightly, but outlays have grown considerably. I don't pretend to be an accountant, or know what all this means. I just wanted to show you that some people have noted an August net deficit, while that table shows numbers from July. And the article I pointed to discusses a lot of numbers that don't appear to be contained in that table. I'd still like to see the facts in the article confirmed though. I'm still a bit skeptical of things I read on the Interwebs. Even tables published by our beloved Treasury.