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


To: RetiredNow who wrote (532047)11/23/2009 6:26:03 PM
From: i-node2 Recommendations  Read Replies (1) | Respond to of 1574261
 
Do you always pay off your mortgage and car debt with surpluses you run in any given month from your salary minus your monthly expenses?

Anyone will tell you no, they don't. Debt doesn't always have to go down in response to surpluses.


So, let me get this straight. First, you used an incorrect fiscal year cutoff to get numbers that "supported" your position. Then, when called on that, you say, "Oh, you can't look at the debt anyway". Gotcha.

You clearly have not the slightest idea what you're talking about. Governments don't have "net worth" accounts. And our government reports on a fiscal year, and you can't determine deficit or surplus on any day of the year other than September 30.

More than anything, you have clearly lied about your knowledge of accounting and finance. You simply do not have it. I've taught these subjects and you cannot bullshit me about it. Nobody who has passed principles of accounting could be this confused on the subject.

Here is a link to a guy who, I believe, understands it (I just googled it and haven't read the entire piece, but he is on the right track, so I suspect he has it down). You really might want to "invest" (LOL) some time in it.

craigsteiner.us