Annual financial report: http://www.fms.treas.gov/fr/index.html
Sweet! I’m going to keep saving like crazy and bail out of this country before the fiscal collapse. I’m guessing I have about 20 years...maybe.
I know, lets give the sub human Palestinians our tax money. Secretary of State Condoleezza Rice pledged $555 million for 2008. That should help all concerned.
Regards
GWB had us all mobilized on fixing SocSec and then let it die. If his intent here is to get it fixed and have the necesary blame pinned on him, that is pretty noble. But I doubt very much that anything at all can be accomplished now that all of the House and 1/3 of the Senate is entering campaign mode. No Congresscritter is going to want to explain the pain that is coming. And no way privatizing which is the only hope of fixing it will be allowed to happen. Nope, our grandkids must decide that our quality of life falls below acceptable norms and give us the Terri treatment.
It is the "social safety net" which is ruining the economy.
Democrats, and lobbyists including AARP, rejected the Bush Administration’s attempts to address this issue. Democrats seemed to say Congress can fix this problem like it always has—raise taxes. Democrats were offended that Republicans would dare try to tinker with FDR’s great gift to posterity.
Chump change to the Democrats. Let the rich pay it.
45 Tril, thats nice, we can sell every dam thing in our country and that might cover the balance.
Mountains, lakes, bases, forks, spoons,quakers, Vegas. All of it.
Wow, another blue-ribbon, "bi-partisan" commission -- that's sure to work.....
No problem, we’ll just raise taxes...
Or hell better yet, just give your entire check to us, your trustworthy gov’t, and we’ll provide you everything you need so you can continue to not care and watch reality shows.
And Bush. Prescription Drug Program.
Xer Ping
Ping list for the discussion of the politics and social (and sometimes nostalgic) aspects that directly effects Generation Reagan / Generation-X (Those born from 1965-1981) including all the spending previous generations are doing that Gen-X and Y will end up paying for.
Freep mail me to be added or dropped. See my home page for details and previous articles.
1) It was built on a principles that were suspect at the time.
2) It has been raided and abused over the years.
3) Politicians REFUSE to own up to the problem out of selfish reasons. (See Republican majority under Bush Admin.)
4) Today many states and governors are greatly expanding health care coverage to middle class kids by using Medicaid.
It will likely be in our lifetime that we will witness the great train wreck and there will be much weeping and gnashing of teeth from those who will not be able to participate in the great government/politician vote buying scheme.
Translation: Because we are spineless slugs we need someone else to do the heavy lifting!
The budget for the United States of America will be paid out of the Social Security fund for the next four years. The entire budget foreign aid (which we don’t need), our military budget, education, infrastructure and welfare, that’s why we don’t have any Social Security future. That money should have been left untouched in a lock box. Someone before me mentioned the money we were going to give the Palestinians, hell I don’t want to give anybody any money until the needs of all legal American citizens are met. Not Africa, not North Korea, not South America, not Russia, nobody. If America would stop trying to support the world our financial house would be in order.
75 years from now we may all be either collecting berries and seeds or living in a Matrix reality simulator.
bump
The Gummint had best buy some more printing presses.
Aside from proving yet again that nothing the Left claims is to be taken at face value, the Left itself would not give General Motors or Enron any slack it it should make promises to its employees that it could not keep. Yet, that is exactly what must happen as the country finds itself in a financial bind because of careless and foolish socialist obligations that previous Administrations and Congresses have chiseled into the stone of federal law.