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To: arno who wrote (14883)3/3/1999 11:49:00 AM
From: Diana  Read Replies (1) | Respond to of 34812
 
Basic problem of logic:

Politicians do not get paid to exercise common sense.

Nor, evidently, does the majority of voters.



To: arno who wrote (14883)3/3/1999 12:50:00 PM
From: james ball  Respond to of 34812
 
Well Arno it has all gone out the window. There is no surplus. Right now the boomers are paying into SS more than is needed to go out. This is the so called surplus and only because Lyndon Johnson changed the rules of keeing ss separate from the general fund. Now it is comingled and the surplus in ss that will desperately be needed in 5 years will be squadered and others will have to deal with it in 2005. Now the real clincher is the republicans ready to repeal the spending caps which is what has had a major effect in getting close to balance in the budget. Greenspan and Rubin have wide split now on which way they want the dollar to go and it appears Gore wants Rubins right hand man in at Treasury Secretary and Hilliary would like Alice Rivlin. Probability is Greenspan will be on his way out and this is not good at all. Not many of the new congressmen even know why the fed was created in the first place nor who the fed chairman works for. Just watch some of these so called congressmen and senators from both sides talk and you'll break out in a cold sweat that these people have so much power with the budget. "it's a bad moon rising". Tom