P.Fritz wrote:
Free hint to the clueless liebral.......Johnson melded the FICA tax into the
genereal fund......there is no "Social Security Trust Fund" That is a
liebral myth.


Really? I guess the Social Security Administration doesn't know what
it's talking about.

http://www.ssa.gov/OACT/ProgData/funds.html

Go peddle your fascist whacko bull**** somewhere else.

DSK

"DSK" wrote in message
...
Bert Robbins wrote:
How about the government get out of the business of providing insurance
and retirement programs.

That would suit me just fine.

... Then the government will have to stop spending the SS tax money like
drunken sailors every year!

Considering that "the government" doesn't spend the SS tax money at all,
you can consider this already done.

I will detail how the government spends the SS tax money because you aren't
smart enough to figure it out yourself.

1) The government extracts 15% of my income and puts it into the "Social
Security Trust Fund".
2) The government takes my 15% and gives the "Social Security Trust Fund" an
IOU in the form of a Treasury Note or Bond.
3) My 15% is now in the general account of the government.
4) The government appropriates that 15% to be used for the what ever program
they desire to spend it on.
5) The government can decide to retire Treasure Notes or Bonds with my 15%
but, the Treasury Notes or Bonds that are in the "Social Security Trust
Fund" are not retired with my 15%.

The only thing in the "Social Security Trust Fund" is a pile of IOUs. IOUs
are not money. IOUs are a promise to repay money.

You know, you Bush supporters shouldn't work so hard at making brainless
statements. Is stupidty really that seductive for you all?

I'm sure that you and your ilk can answer that question better than us.

"DSK" wrote in message
...
P.Fritz wrote:
Free hint to the clueless liebral.......Johnson melded the FICA tax into
the genereal fund......there is no "Social Security Trust Fund" That is
a liebral myth.


Really? I guess the Social Security Administration doesn't know what it's
talking about.

http://www.ssa.gov/OACT/ProgData/funds.html

Go peddle your fascist whacko bull**** somewhere else.

It is all just numbers in a spread sheet. There is no money sitting in a
vault somewhere, anywhere.

http://www.ssa.gov/OACT/ProgData/funds.html


Bert Robbins wrote:
It is all just numbers in a spread sheet. There is no money sitting in a
vault somewhere, anywhere.


And your checking account is just numbers, too. Of course there is no
"money sitting in a vault." Welcome to the brave new world of finance...
post 1300 A.D.

It's for guys like you that the Social Security Administration put the
question "Why do some people describe the "special issue" securities
held by the trust funds as worthless IOUs?" right in their FAQ? Of
course, they're all just a buncha commie pinko liberal homo-lovers who
don't Support Our Troops. Why believe them.

Does it hurt when you keep banging your head against a solid wall of facts?

DSK

On Thu, 21 Apr 2005 17:34:41 -0400, "Bert Robbins" wrote:


"DSK" wrote in message
t...
Bert Robbins wrote:
How about the government get out of the business of providing insurance
and retirement programs.

That would suit me just fine.

... Then the government will have to stop spending the SS tax money like
drunken sailors every year!

Considering that "the government" doesn't spend the SS tax money at all,
you can consider this already done.

I will detail how the government spends the SS tax money because you aren't
smart enough to figure it out yourself.

1) The government extracts 15% of my income and puts it into the "Social
Security Trust Fund".
2) The government takes my 15% and gives the "Social Security Trust Fund" an
IOU in the form of a Treasury Note or Bond.
3) My 15% is now in the general account of the government.
4) The government appropriates that 15% to be used for the what ever program
they desire to spend it on.
5) The government can decide to retire Treasure Notes or Bonds with my 15%
but, the Treasury Notes or Bonds that are in the "Social Security Trust
Fund" are not retired with my 15%.

The only thing in the "Social Security Trust Fund" is a pile of IOUs. IOUs
are not money. IOUs are a promise to repay money.

You know, you Bush supporters shouldn't work so hard at making brainless
statements. Is stupidty really that seductive for you all?

I'm sure that you and your ilk can answer that question better than us.


That last statement isn't quite fair. DSK is one of a kind. How you guys can put
up with him is amazing. You should all be 8th grade teachers. You've definitely
got the patience for it!
--
John H

"All decisions are the result of binary thinking."

I will detail how the government spends the SS tax money because you aren't
smart enough to figure it out yourself.

1) The government extracts 15% of my income and puts it into the "Social
Security Trust Fund".

Bull****. SS taxes are nowhere near that high. Why do you have to lie to
try and make a point?

2) The government takes my 15% and gives the "Social Security Trust Fund" an
IOU in the form of a Treasury Note or Bond.

Uh huh. So a Treasury bond is just "an IOU"? I guess a $20 bill is just
a green piece of paper?


3) My 15% is now in the general account of the government.

No more than your neighbors mortgage payment is in your checking account
if you use the same bank.

4) The government blah blah blah (snipped)



John H wrote:
That last statement isn't quite fair. DSK is one of a kind.

Not really. The group that I belong to is called "smart people who have
boats." We prefer facts to illogic & bull****.

DSK

"DSK" wrote in message
. ..
http://www.ssa.gov/OACT/ProgData/funds.html


Bert Robbins wrote:
It is all just numbers in a spread sheet. There is no money sitting in a
vault somewhere, anywhere.


And your checking account is just numbers, too. Of course there is no
"money sitting in a vault." Welcome to the brave new world of finance...
post 1300 A.D.

It's for guys like you that the Social Security Administration put the
question "Why do some people describe the "special issue" securities held
by the trust funds as worthless IOUs?" right in their FAQ? Of course,
they're all just a buncha commie pinko liberal homo-lovers who don't
Support Our Troops. Why believe them.

Does it hurt when you keep banging your head against a solid wall of
facts?

DSK


If there was a trust fund, they would invest in other items than the Federal
deficit. Is just a bookkeeping entry.

Bill McKee wrote:
"DSK" wrote in message
. ..

http://www.ssa.gov/OACT/ProgData/funds.html


Bert Robbins wrote:

It is all just numbers in a spread sheet. There is no money sitting in a
vault somewhere, anywhere.


And your checking account is just numbers, too. Of course there is no
"money sitting in a vault." Welcome to the brave new world of finance...
post 1300 A.D.

It's for guys like you that the Social Security Administration put the
question "Why do some people describe the "special issue" securities held
by the trust funds as worthless IOUs?" right in their FAQ? Of course,
they're all just a buncha commie pinko liberal homo-lovers who don't
Support Our Troops. Why believe them.

Does it hurt when you keep banging your head against a solid wall of
facts?

DSK



If there was a trust fund, they would invest in other items than the Federal
deficit. Is just a bookkeeping entry.



Except for the fact that they are prohibited by law from doing so. I
for one wish they could (and would)

"DSK" wrote in message
...
I will detail how the government spends the SS tax money because you
aren't smart enough to figure it out yourself.

1) The government extracts 15% of my income and puts it into the "Social
Security Trust Fund".

Bull****. SS taxes are nowhere near that high. Why do you have to lie to
try and make a point?

2) The government takes my 15% and gives the "Social Security Trust Fund"
an IOU in the form of a Treasury Note or Bond.

Uh huh. So a Treasury bond is just "an IOU"? I guess a $20 bill is just a
green piece of paper?


3) My 15% is now in the general account of the government.

No more than your neighbors mortgage payment is in your checking account
if you use the same bank.

4) The government blah blah blah (snipped)



John H wrote:
That last statement isn't quite fair. DSK is one of a kind.

Not really. The group that I belong to is called "smart people who have
boats." We prefer facts to illogic & bull****.

DSK


How much is the Social Security tax (FICA)?

Bill McKee wrote:

"DSK" wrote in message
...

I will detail how the government spends the SS tax money because you
aren't smart enough to figure it out yourself.

1) The government extracts 15% of my income and puts it into the "Social
Security Trust Fund".

Bull****. SS taxes are nowhere near that high. Why do you have to lie to
try and make a point?


2) The government takes my 15% and gives the "Social Security Trust Fund"
an IOU in the form of a Treasury Note or Bond.

Uh huh. So a Treasury bond is just "an IOU"? I guess a $20 bill is just a
green piece of paper?



3) My 15% is now in the general account of the government.

No more than your neighbors mortgage payment is in your checking account
if you use the same bank.


4) The government blah blah blah (snipped)



John H wrote:

That last statement isn't quite fair. DSK is one of a kind.

Not really. The group that I belong to is called "smart people who have
boats." We prefer facts to illogic & bull****.

DSK



How much is the Social Security tax (FICA)?



Look at your paycheck or check www.socialsecurity.gov