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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: 8bits who wrote (144252)	9/15/2010 10:21:01 PM
From: Steve Lokness	Read Replies (2) \| Respond to of 540950

where is it going to get the cash to pay back the Social Security fund? China? No doubt the country is having real budget problems - but to place the blame on SS is just wrong. You are correct that it will be hard for the government to pay on those IOU's - and thus one of the reasons people are so against continually rising the debt limits.

To: 8bits who wrote (144252)	9/15/2010 10:27:43 PM
From: Mary Cluney	Read Replies (1) \| Respond to of 540950

<<<It's not filled with cash, it's filled with IOUs >>> It is of course not in cash. When are these things ever transacted in cash. It is a paper entry. There should also be some entries regarding interest. I don't think they use a phoney accounting system but when George W. Bush explained it they stored something into paper boxes. It sounded like a phoney accounting system. The point is ths, there are people that are trying to do away with social security and they want you to think it is not anyting real - they can just get rid of it.