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First recorded activity by BoatBanter: Feb 2013
Posts: 968
Default Why we can't have good things

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.
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posted to rec.boats
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First recorded activity by BoatBanter: Feb 2012
Posts: 88
Default 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
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posted to rec.boats
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First recorded activity by BoatBanter: Feb 2013
Posts: 968
Default 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.
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posted to rec.boats
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First recorded activity by BoatBanter: Feb 2012
Posts: 88
Default 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   Report Post  
posted to rec.boats
external usenet poster
 
First recorded activity by BoatBanter: Feb 2013
Posts: 968
Default 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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