wrote in message
...
On Tue, 9 Feb 2010 23:45:41 -0800, "nom=de=plume"
wrote:

None of these things actually turn into facts,
however.

They will
Come talk to me in 2012 (when the end of the SS surplus is in sight)
and see what everyone is talking about, including the Democrats.
I guarantee it will be the debt crisis and the impending failure of
Social Security.



Umm... everyone knows about the coming problem with SS. It won't fail, just
as the economy won't fail. That's a chicken little attitude.

--
Nom=de=Plume

nom=de=plume wrote:
wrote in message
...
On Tue, 9 Feb 2010 23:45:41 -0800, "nom=de=plume"
wrote:

None of these things actually turn into facts,
however.
They will
Come talk to me in 2012 (when the end of the SS surplus is in sight)
and see what everyone is talking about, including the Democrats.
I guarantee it will be the debt crisis and the impending failure of
Social Security.



Umm... everyone knows about the coming problem with SS. It won't fail, just
as the economy won't fail. That's a chicken little attitude.


Of course it won't fail. Obama is going to bail out SS. Right Nom? It's
probably the only thing he could do to redeem himself at this point.

On Wed, 10 Feb 2010 11:11:30 -0500, wrote:

On Tue, 9 Feb 2010 23:45:41 -0800, "nom=de=plume"
wrote:

None of these things actually turn into facts,
however.

They will
Come talk to me in 2012 (when the end of the SS surplus is in sight)
and see what everyone is talking about, including the Democrats.
I guarantee it will be the debt crisis and the impending failure of
Social Security.

That would be true only if those particular Democrats have enough
sense to see what's going on.


--

John H

"John H" wrote in message
...
On Wed, 10 Feb 2010 11:11:30 -0500, wrote:

On Tue, 9 Feb 2010 23:45:41 -0800, "nom=de=plume"
wrote:

None of these things actually turn into facts,
however.

They will
Come talk to me in 2012 (when the end of the SS surplus is in sight)
and see what everyone is talking about, including the Democrats.
I guarantee it will be the debt crisis and the impending failure of
Social Security.

That would be true only if those particular Democrats have enough
sense to see what's going on.


Plenty of those. It would be nice if someone in the Republican party stopped
acting like a spoiled child who can only say no, no, no, while shaking his
head from side to side.

--
Nom=de=Plume

wrote in message
news
On Wed, 10 Feb 2010 09:35:19 -0800, "nom=de=plume"
wrote:

wrote in message
. ..
On Tue, 9 Feb 2010 23:45:41 -0800, "nom=de=plume"
wrote:

None of these things actually turn into facts,
however.

They will
Come talk to me in 2012 (when the end of the SS surplus is in sight)
and see what everyone is talking about, including the Democrats.
I guarantee it will be the debt crisis and the impending failure of
Social Security.



Umm... everyone knows about the coming problem with SS. It won't fail,
just
as the economy won't fail. That's a chicken little attitude.

OK, economies never fail. Keep telling yourself that.
Perhaps it is time to remind you of the Alexander Tyler quote.

I never said "economies never fail." I said ours wouldn't, especially not
because of a SS crisis.

"A democracy will continue to exist up until the time that voters
discover they can vote themselves generous gifts from the public
treasury."

"From that moment on, the majority always vote for the candidates who
promise the most benefits from the public treasury, with the result
that every democracy will finally collapse due to loose fiscal policy,
which is always followed by a dictatorship."

"The average age of the world's greatest civilizations from the
beginning of history, has been about 200 years"

Umm... Roman Empire = 900 years?


We are running on borrowed time ... and borrowed money.

I suggest you move to Wyoming and buy a gun.

--
Nom=de=Plume

wrote in message
...
On Wed, 10 Feb 2010 13:34:18 -0500, John H
wrote:

Come talk to me in 2012 (when the end of the SS surplus is in sight)
and see what everyone is talking about, including the Democrats.
I guarantee it will be the debt crisis and the impending failure of
Social Security.

That would be true only if those particular Democrats have enough
sense to see what's going on.


The reality of the loss of the SS surplus will be on our door in 2012.
If nothing else, they will not have that slush fund to attempt to
balance the budget with, although with a deficit approaching $1T that
is an insignificant number.
The real question will be whether China decides to cash out of
treasuries or what interest rate we will need to offer to keep them
attractive.


According to you.

--
Nom=de=Plume

wrote:
On Wed, 10 Feb 2010 13:34:18 -0500, John H
wrote:


Come talk to me in 2012 (when the end of the SS surplus is in sight)
and see what everyone is talking about, including the Democrats.
I guarantee it will be the debt crisis and the impending failure of
Social Security.

That would be true only if those particular Democrats have enough
sense to see what's going on.


The reality of the loss of the SS surplus will be on our door in 2012.
If nothing else, they will not have that slush fund to attempt to
balance the budget with, although with a deficit approaching $1T that
is an insignificant number.
The real question will be whether China decides to cash out of
treasuries or what interest rate we will need to offer to keep them
attractive.

Small tariffs - insignificant to the buyer will add up to HUGE dollars
considering everything we import from that country.

wrote in message
...
On Thu, 11 Feb 2010 10:29:55 -0800, "nom=de=plume"
wrote:

wrote in message
. ..
On Wed, 10 Feb 2010 13:34:18 -0500, John H
wrote:

Come talk to me in 2012 (when the end of the SS surplus is in sight)
and see what everyone is talking about, including the Democrats.
I guarantee it will be the debt crisis and the impending failure of
Social Security.

That would be true only if those particular Democrats have enough
sense to see what's going on.


The reality of the loss of the SS surplus will be on our door in 2012.
If nothing else, they will not have that slush fund to attempt to
balance the budget with, although with a deficit approaching $1T that
is an insignificant number.
The real question will be whether China decides to cash out of
treasuries or what interest rate we will need to offer to keep them
attractive.


According to you.

If you do much reading, you will find a lot of financial people are
asking the same questions about how long we can continue the raise the
debt limit and how we will deal with the entitlements when they
explode in our face..

Huh?? Lots of financial people (aka economists) ask those questions. We
can't continue to raise it forever, but it's no where near an unusual dept
to GDP crisis.

The end of the SS surplus is straight from the trustees report on
SSA.GOV,
The demographics of the number of baby boomers vs the following
generations who have to pay the bill is available from the census.
The amount of our debt that is held by foreigners is from the treasury
department.
The percentage of discretionary spending vs entitlements, out in the
future is from OMB.

You may disagree with how I connect the dots but the dots are fact.


Typically, dots are connected with some sort of logic.

--
Nom=de=Plume

In article ,
says...

On Thu, 11 Feb 2010 20:17:08 -0800, "nom=de=plume"
wrote:

According to you.

If you do much reading, you will find a lot of financial people are
asking the same questions about how long we can continue the raise the
debt limit and how we will deal with the entitlements when they
explode in our face..

Huh?? Lots of financial people (aka economists) ask those questions. We
can't continue to raise it forever, but it's no where near an unusual dept
to GDP crisis.

The end of the SS surplus is straight from the trustees report on
SSA.GOV,
The demographics of the number of baby boomers vs the following
generations who have to pay the bill is available from the census.
The amount of our debt that is held by foreigners is from the treasury
department.
The percentage of discretionary spending vs entitlements, out in the
future is from OMB.

You may disagree with how I connect the dots but the dots are fact.


Typically, dots are connected with some sort of logic.

The warnings are out there but sometimes you just have to let the baby
touch the stove.

See you in 2012

At least one elected official knows what to do:

http://wcbstv.com/local/governor.chr...2.1487727.html

In article ,
says...

On Fri, 12 Feb 2010 07:52:24 -0500, BAR wrote:

In article ,
says...

On Thu, 11 Feb 2010 20:17:08 -0800, "nom=de=plume"
wrote:

According to you.

If you do much reading, you will find a lot of financial people are
asking the same questions about how long we can continue the raise the
debt limit and how we will deal with the entitlements when they
explode in our face..

Huh?? Lots of financial people (aka economists) ask those questions. We
can't continue to raise it forever, but it's no where near an unusual dept
to GDP crisis.

The end of the SS surplus is straight from the trustees report on
SSA.GOV,
The demographics of the number of baby boomers vs the following
generations who have to pay the bill is available from the census.
The amount of our debt that is held by foreigners is from the treasury
department.
The percentage of discretionary spending vs entitlements, out in the
future is from OMB.

You may disagree with how I connect the dots but the dots are fact.


Typically, dots are connected with some sort of logic.

The warnings are out there but sometimes you just have to let the baby
touch the stove.

See you in 2012

At least one elected official knows what to do:

http://wcbstv.com/local/governor.chr...2.1487727.html


The problem with the US economy is the biggest chunk of our spending
in 10 years will be "entitlements" that you can't "freeze". They grow
on their own, unless you want to throw grandma from the train.

You have to start somewhere. And, it is good to know that someone has
the political courage to do what is needed.