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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: Kenneth E. Phillipps who wrote (107428)	7/10/2011 6:08:42 PM
From: Sedohr Nod	1 Recommendation Read Replies (1) \| Respond to of 224755

There you go Kenny, at least you admitted that all that is left in the SS account is debt and therefore a liability......and becoming a current liability and more & more current in the near future as the revenues are outstripped by the outlays......just another festering boil on the tax payers arses. Can we now dispense with the insane notion that there are assets in there?

To: Kenneth E. Phillipps who wrote (107428)	7/10/2011 8:31:21 PM
From: TideGlider	4 Recommendations Read Replies (1) \| Respond to of 224755

No Kenneth, my question is correct. How does the government convert those bonds to cash? They never have done that have they? They are just bogus IOUs from one hand of government to another. I know that clown has made the rounds taking out his five dollar bill and a US savings bond. Very convincing when he says they are just paper. They are just paper. The stupid pet trick works for you, so ignorance is bliss. Why doesn't the government simply increase the number of IOUs in SS until they have trillions more!! The SS we be rich! Give SS 100 Trillion more bogus IOUs then the Social Security Trust fund can pay the debt...!~! They spent it all Kenneth and you ignorantly state the money is their. No Kenneth, the money comes in through payroll taxes but of late we are paying more in SS then we are taking in. Time to print more IOUs! Europe is very bad off, but the dollar still takes a buck and a half to buy a euro (slightly less). We must be doing really well. Your argument has been they will pay social security. Nobody has ever said they won't. You are like a bag of insecure hot air causing your head to tumble about as you scream on the internet and hail spending while broke. Once the bank breaks we won't be able to pay Social Security. No sense making this argument as you only care that SS is their for the remainder of your days. You are a very selfish person. Have you always been very selfish?