"So we're counting the interest on money we spent and will need to borrow
with interest."
Some government accounting practices would make Kenneth Lay blush:
Here is a nice one:
http://www.nytimes.com/2010/06/12/nyregion/12pension.html
ALBANY Gov. David A. Paterson and legislative leaders have
"Translation: we have to either cut social security and public health plan
funding or raise taxes or"
While true, I just can't see many politicians committing political hari kari
by making this part of their platform.
J
-
Ninety percent of politicians give the other ten percent a bad reputatio
> Sam wrote:
>
> I love this line:
> This deficit is expected to shrink substantially for 2011 and to
> return to small surpluses for years 2012-2014 due to the improving
> economy.
>
Well, here's what the CBO says in this doc
http://cbo.gov/ftpdocs/120xx/doc12039/SummaryforWeb.pdf :
(1.) The Ou
I love this line:
This deficit is expected to shrink substantially for 2011 and to
return to small surpluses for years 2012-2014 due to the improving
economy.
Righ!
SS is now paying out more than it's taking in. The reason it will stay
solvent until 2039 is the $2.5 trillion and the interest
"Me too, but since we are at it, I'll paste the link for the umpteenth time.
Maybe someone will read it this time."
Very entertaining. Especially the parts about new savings coming from ACA.
Nothing like Tim and Kathleen telling us how sound the system is. They have
no stake in making things l
On Mon, Jan 31, 2011 at 12:47 PM, Jerry Barnes wrote:
>
> "You don't seem to understand the basic problem. In two or three
> decades, we'll be on the hook for $50 trillion plus in benefits that we
> don't have the money for. It only gets worse from here unless we change how
> we do things."
>
> Y
"You don't seem to understand the basic problem. In two or three
decades, we'll be on the hook for $50 trillion plus in benefits that we
don't have the money for. It only gets worse from here unless we change how
we do things."
You're just banging your head against the wall.
J
-
Government's v
You don't seem to understand the basic problem. In two or three decades,
we'll be on the hook for $50 trillion plus in benefits that we don't have
the money for. It only gets worse from here unless we change how we do
things.
On Mon, Jan 31, 2011 at 11:13 AM, Vivec wrote:
>
> Without social ser
Without social services there would be.
And of course it's an extreme, but 50 million was the number of people
that were not covered by medicare.
The wars have to do with the immediacy of the problem which has
occurred before a time when you DO have the ability to pay.
Probably two or three decad
On Mon, Jan 31, 2011 at 5:18 AM, Vivec wrote:
>
> Yeah but Robert, you kinda dodged the question you know.
> If the trillions had not been spent on the war in Iraq and now in
> Afghanistan wouldn't you have the money to pay your elderly?
> How is it that so many other countries around the world
Yes.
On Mon, Jan 31, 2011 at 10:32 AM, Gruss Gott wrote:
>
>> Sam wrote:
>>
>> Bush did try to fix SS and was told loudly it doesn't need fixing.
>>
>
> Wait a minute ... so you're saying that if we'd just told him the
> right stuff to do, then he'd do as he was told???
>
> DANG IT!
>
> Always
> Sam wrote:
>
> Bush did try to fix SS and was told loudly it doesn't need fixing.
>
Wait a minute ... so you're saying that if we'd just told him the
right stuff to do, then he'd do as he was told???
DANG IT!
Always so close to World power.
~~~
Bush did try to fix SS and was told loudly it doesn't need fixing.
On Mon, Jan 31, 2011 at 1:28 AM, Maureen wrote:
>
> Bush was told by Greenspan and Paul O'Neil early in his term that this
> would happen if Social Security wasn't fixed. He elected instead to
> give massive tax rebates to inc
Yeah but Robert, you kinda dodged the question you know.
If the trillions had not been spent on the war in Iraq and now in
Afghanistan wouldn't you have the money to pay your elderly?
How is it that so many other countries around the world have proper
social services and the United States can't de
it could happen to any of us,especially these days. always be prepared for
the unexpected.
On Mon, Jan 31, 2011 at 12:08 AM, Eric Roberts <
ow...@threeravensconsulting.com> wrote:
>
> I like to see how that would go over...imagine if Robert went into work and
> at the end of the pay period, he d
l.com]
Sent: Monday, January 31, 2011 00:28
To: cf-community
Subject: Re: Social Security is now permanently in the red
Bush was told by Greenspan and Paul O'Neil early in his term that this would
happen if Social Security wasn't fixed. He elected instead to give massive
tax rebates
It isn't about what I want, it's about what is going to happen. We're
running out of time to do something. Sooner or later the bond markets will
decide our fate for us. We don't even have to default. If interest rates on
our debt rise so high we can't borrow, China will be telling us what to do
an
Bush was told by Greenspan and Paul O'Neil early in his term that this
would happen if Social Security wasn't fixed. He elected instead to
give massive tax rebates to increase his popularly, then after 9/11 to
start wars we couldn't afford. End the wars, reduce the tax cuts and
repay the Social
and bits of the CBO report as well. the assumptions in the document are
skewed to make things look as good as possible, the truth is much worse.
On Fri, Jan 28, 2011 at 6:45 AM, Eric Roberts <
ow...@threeravensconsulting.com> wrote:
>
> Did you read the whole article or just cherrypick the stuff
Did you read it?
-Original Message-
From: Justin Scott [mailto:leviat...@darktech.org]
Sent: Friday, January 28, 2011 09:15
To: cf-community
Subject: Re: Social Security is now permanently in the red
> Did you read the whole article or just cherrypick the stuff that jive
> wit
Did you read the article?
-Original Message-
From: Scott Stroz [mailto:boyz...@gmail.com]
Sent: Friday, January 28, 2011 08:50
To: cf-community
Subject: Re: Social Security is now permanently in the red
I find it funny that whenever someone has a different viewpoint from your
own
Haha, welcome to CF-Comm. The reason that gmail's mute button was created.
:)
On Fri, Jan 28, 2011 at 9:15 AM, Justin Scott wrote:
>
> > Did you read the whole article or just cherrypick the stuff that jive
> with
> > what you are told to believe?
>
> I find it very disappointing and sad that
> Did you read the whole article or just cherrypick the stuff that jive with
> what you are told to believe?
I find it very disappointing and sad that as soon as someone brings up
a concern about anything in government (it seems like no matter what
is it), someone has to almost immediately resort
I find it funny that whenever someone has a different viewpoint from
your own, you view it as them being 'told what to believe'.
On Fri, Jan 28, 2011 at 9:45 AM, Eric Roberts
wrote:
>
> Did you read the whole article or just cherrypick the stuff that jive with
> what you are told to believe?
>
Did you read the whole article or just cherrypick the stuff that jive with
what you are told to believe?
-Original Message-
From: Robert Munn [mailto:cfmuns...@gmail.com]
Sent: Friday, January 28, 2011 03:39
To: cf-community
Subject: Social Security is now permanently in the red
http:
25 matches
Mail list logo
