View Single Post
  #6   Report Post  
posted to rec.boats
Urin Asshole Urin Asshole is offline
external usenet poster
 
First recorded activity by BoatBanter: Feb 2013
Posts: 968
Default Why we can't have good things

On Tue, 02 Apr 2013 01:46:14 -0400, wrote:

On Mon, 01 Apr 2013 22:22:35 -0700, Urin Asshole
wrote:

On Mon, 01 Apr 2013 23:27:02 -0400,
wrote:

On Mon, 01 Apr 2013 16:20:50 -0700, Urin Asshole
wrote:

On Mon, 01 Apr 2013 18:06:33 -0400,
wrote:


That is the main flaw in the plan. There is no real way for the
government to save money since they don't back currency with any hard
asset.

They back it with the faith and credit of a country that has never
defaulted on it's debt...NEVER by statute.

We are still young
How is Stockton, San Bernadino and Compton doing?


So, now you're claiming that cities never fail and never go bankrupt.
You're claiming that stockton is somehow representative of the entire
US?


It failed for the same reason. unfunded entitlements.


Why dno't you claim we're just like Greece. What a numbnuts.




Reagan and Clinton both did things along those lines but nobody has
tried it since.

Reagan did ****.
http://home.adelphi.edu/sbloch/deficits.html

Again you are not addressing the issue


Yes I am. You're just changing the subject. Sure is easy, but it's
totally transparent.


How am I changing the subject, we were talking about SS legislation.


The 1983 tax bill Reagan signed raised the tax rate on wages for SS
from 10.7% to 12.2% and it was in the bill that it would rise to the
current 12.4% in 1990. That bill also allowed the IRS to tax SS
benefits, originally up to 50% was subject to the income tax. It also
accelerated the increase in the salary cap and raised the full
retirement age.

That is a lot more than "not ****"

The 1993 tax bill that Clinton signed (passed by a tie breaking vote
from Gore) raised the taxable amount of SS benefits to 85%,
It uncapped the top salary for medicare taxes

The 1994 law imposed FICA taxes on all domestic help with a threshold
of $1000 a year.

Maybe you should learn how to use Thomas if you want to play the game.


What's your point? You quoted Thomas but you don't provide any
reference point. What point are you trying to make? that we should go
back to the gold standard? Jesuss christ you sound like you need to
take a lude.


We were talking about which presidents propped up Social Security and
what they did.
It sounds like you are the one who is eating ludes like jelly beans.
It would explain why you can't keep up with what we are talking about.


Presidents? Huh? Congress is the one who alocates money. Try again.