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#2
posted to rec.boats
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Why we can't have good things
On 3/29/2013 7:15 PM, Urin Asshole wrote:
On Fri, 29 Mar 2013 18:16:10 -0400, wrote: On Fri, 29 Mar 2013 14:16:21 -0700, Urin Asshole wrote: On Fri, 29 Mar 2013 16:45:59 -0400, wrote: On Fri, 29 Mar 2013 12:49:00 -0700, Urin Asshole wrote: What "facts"? The whole program is based on the ability of the government to borrow more money and raise taxes more. There is no "trust funds" they spent every dime of that money and it is unclear how they will ever pay it back. Feel free to dispute the facts. That don't make you right. http://www.ssa.gov/oact/progdata/fundFAQ.html That demonstrates that the federal government spent all of the surplus and they promise to pay it back but they have not said how. The don't have to "pay it back". It's a trust fund. Do you need me to tell you to look it up? How far do you have to go back to actually see the federal government paying down a dime of the debt? (hint: new cars had tail fins) Which has nothing to do with anything. Medicare is in worse shape, but not catastrophically so... and again, it will be decades before it becomes so. A fix is indicated, but not on the backs of middle and lower income. There are not enough rich people to save these programs, who do you think will have to pay? You're just being deliberately dense. The worst thing we can right now is make middle and lower income families pay more. When the economy recovers, then the middle income families will be able to afford to help a bit more. If you took every dime from the Forbes 400, it would run SS for about 175 days. The middle class is going to have to pay more, at least the Clinton tax rates and maybe even the Reagan tax rates. Which has nothing to do with anything. Feel free to hide under your house if you're that afraid. http://www.nasi.org/learn/medicare/financial-problems $32 billion out of whack 3 years ago ... What I said. http://www.ncbi.nlm.nih.gov/pubmed/3130421 Do you really think medical care will ever cost less? Don't know. I do know that the rate of increase can be slowed. It doesn't need to exceed inflation the way it does. But you know, right? I can look at the trends. Feel free. The US has been solvent and paid it's debts since the 1700s. Well fine, let's see us pay off the 17 trillion debt. If our debt was called today, we would be insolvent. The problem for our debtees, is we are to big to force us into insolvency. Mikek |
#3
posted to rec.boats
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Why we can't have good things
On Wed, 03 Apr 2013 16:05:29 -0500, amdx wrote:
On 3/29/2013 7:15 PM, Urin Asshole wrote: On Fri, 29 Mar 2013 18:16:10 -0400, wrote: On Fri, 29 Mar 2013 14:16:21 -0700, Urin Asshole wrote: On Fri, 29 Mar 2013 16:45:59 -0400, wrote: On Fri, 29 Mar 2013 12:49:00 -0700, Urin Asshole wrote: What "facts"? The whole program is based on the ability of the government to borrow more money and raise taxes more. There is no "trust funds" they spent every dime of that money and it is unclear how they will ever pay it back. Feel free to dispute the facts. That don't make you right. http://www.ssa.gov/oact/progdata/fundFAQ.html That demonstrates that the federal government spent all of the surplus and they promise to pay it back but they have not said how. The don't have to "pay it back". It's a trust fund. Do you need me to tell you to look it up? How far do you have to go back to actually see the federal government paying down a dime of the debt? (hint: new cars had tail fins) Which has nothing to do with anything. Medicare is in worse shape, but not catastrophically so... and again, it will be decades before it becomes so. A fix is indicated, but not on the backs of middle and lower income. There are not enough rich people to save these programs, who do you think will have to pay? You're just being deliberately dense. The worst thing we can right now is make middle and lower income families pay more. When the economy recovers, then the middle income families will be able to afford to help a bit more. If you took every dime from the Forbes 400, it would run SS for about 175 days. The middle class is going to have to pay more, at least the Clinton tax rates and maybe even the Reagan tax rates. Which has nothing to do with anything. Feel free to hide under your house if you're that afraid. http://www.nasi.org/learn/medicare/financial-problems $32 billion out of whack 3 years ago ... What I said. http://www.ncbi.nlm.nih.gov/pubmed/3130421 Do you really think medical care will ever cost less? Don't know. I do know that the rate of increase can be slowed. It doesn't need to exceed inflation the way it does. But you know, right? I can look at the trends. Feel free. The US has been solvent and paid it's debts since the 1700s. Well fine, let's see us pay off the 17 trillion debt. If our debt was called today, we would be insolvent. The problem for our debtees, is we are to big to force us into insolvency. Mikek You ****ing moron. Most of the "debt" is held by Americans. http://www.foxnews.com/politics/2012...it-isnt-china/ Jesus you people are ignorant. Even fox gets it right. |
#4
posted to rec.boats
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Why we can't have good things
On 4/3/2013 6:08 PM, Urin Asshole wrote:
On Wed, 03 Apr 2013 16:05:29 -0500, amdx wrote: On 3/29/2013 7:15 PM, Urin Asshole wrote: On Fri, 29 Mar 2013 18:16:10 -0400, wrote: On Fri, 29 Mar 2013 14:16:21 -0700, Urin Asshole wrote: On Fri, 29 Mar 2013 16:45:59 -0400, wrote: On Fri, 29 Mar 2013 12:49:00 -0700, Urin Asshole wrote: What "facts"? The whole program is based on the ability of the government to borrow more money and raise taxes more. There is no "trust funds" they spent every dime of that money and it is unclear how they will ever pay it back. Feel free to dispute the facts. That don't make you right. http://www.ssa.gov/oact/progdata/fundFAQ.html That demonstrates that the federal government spent all of the surplus and they promise to pay it back but they have not said how. The don't have to "pay it back". It's a trust fund. Do you need me to tell you to look it up? How far do you have to go back to actually see the federal government paying down a dime of the debt? (hint: new cars had tail fins) Which has nothing to do with anything. Medicare is in worse shape, but not catastrophically so... and again, it will be decades before it becomes so. A fix is indicated, but not on the backs of middle and lower income. There are not enough rich people to save these programs, who do you think will have to pay? You're just being deliberately dense. The worst thing we can right now is make middle and lower income families pay more. When the economy recovers, then the middle income families will be able to afford to help a bit more. If you took every dime from the Forbes 400, it would run SS for about 175 days. The middle class is going to have to pay more, at least the Clinton tax rates and maybe even the Reagan tax rates. Which has nothing to do with anything. Feel free to hide under your house if you're that afraid. http://www.nasi.org/learn/medicare/financial-problems $32 billion out of whack 3 years ago ... What I said. http://www.ncbi.nlm.nih.gov/pubmed/3130421 Do you really think medical care will ever cost less? Don't know. I do know that the rate of increase can be slowed. It doesn't need to exceed inflation the way it does. But you know, right? I can look at the trends. Feel free. The US has been solvent and paid it's debts since the 1700s. Well fine, let's see us pay off the 17 trillion debt. If our debt was called today, we would be insolvent. The problem for our debtees, is we are to big to force us into insolvency. Mikek You ****ing moron. Most of the "debt" is held by Americans. http://www.foxnews.com/politics/2012...it-isnt-china/ Jesus you people are ignorant. Even fox gets it right. You sure read a lot into comments that is not even hinted at. I never said the word China. The US has been solvent, but with 17 trillion in debt, the governments option to remain solvent is to raise taxes. Great for the economy and job creation. (sarcasm) Financial planners are advising clients to pay taxes now vs. delaying them until retirement, because taxes are expected to be higher in later years. BTW, do you know where the SS trust fund is? It is part of the 17 trillion debt. That means it has been spent. That means it will be paid back with taxes collected from today's worker, with interest tacked on. That means I paid it in once, then the younger people will pay it in again, to pay me. |
#5
posted to rec.boats
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Why we can't have good things
On Fri, 29 Mar 2013 21:14:41 -0400, wrote:
On Fri, 29 Mar 2013 17:15:47 -0700, Urin Asshole wrote: On Fri, 29 Mar 2013 18:16:10 -0400, wrote: On Fri, 29 Mar 2013 14:16:21 -0700, Urin Asshole wrote: On Fri, 29 Mar 2013 16:45:59 -0400, wrote: On Fri, 29 Mar 2013 12:49:00 -0700, Urin Asshole wrote: What "facts"? The whole program is based on the ability of the government to borrow more money and raise taxes more. There is no "trust funds" they spent every dime of that money and it is unclear how they will ever pay it back. Feel free to dispute the facts. That don't make you right. http://www.ssa.gov/oact/progdata/fundFAQ.html That demonstrates that the federal government spent all of the surplus and they promise to pay it back but they have not said how. The don't have to "pay it back". It's a trust fund. Do you need me to tell you to look it up? It is simply part of the $16 trillion dollar debt and if they can't pay it back, SS will not have the money. You can call it a trust fund, a bond or simply an IOU but the fact is there is no money there, only a promise that our children will pay for our retirement. It is a promise that they did not make and that they did not get to vote for. The fact is that you're wrong. You act like the US economy is stagnent or has negative growth. You act like this is some sort of crisis that has to be fixed immediately or all hell will break lose. You're just a paranoid dip**** if you actually believe that crap. |
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