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1 posted on 08/14/2009 3:00:28 AM PDT by Scanian
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To: Scanian

wont matter anyway ....dollars are fast becommig worthless...gove must stop spending...


2 posted on 08/14/2009 3:08:40 AM PDT by dalebert
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To: Scanian

Our pols have been skimming the SS “trust fund” for decades. Income tax receipts will soon be funding monthly checks. The young family just starting out will be subsidizing senior citizen vacations even more.


3 posted on 08/14/2009 3:09:31 AM PDT by Jacquerie (Never let a crisis go to waste - You know who)
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To: Scanian
The US Treasury and Social Security “trust fund” will zero out at the same time. They are one in the same...It's been that way ever since FDR created it.
4 posted on 08/14/2009 3:13:44 AM PDT by Dixie Yooper (Ephesians 6:11)
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To: Scanian
I'm not worried. This is one senior citizen that could use some of that bailout money. Besides that couldn't happen in my SS account. Last time I checked, I and my employer contributed enough that I will be 85 when my account is empty. I'll probably have served my life sentence by that time anyway. Wait a minute! My account? Ummmm??? Something doesn't sound right about that. //sarcasm off//
8 posted on 08/14/2009 3:58:58 AM PDT by mosaicwolf (Strength and Honor)
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To: Scanian
I'm not worried. This is one senior citizen that could use some of that bailout money. Besides that couldn't happen in my SS account. Last time I checked, I and my employer contributed enough that I will be 85 when my account is empty. I'll probably have served my life sentence by that time anyway. Wait a minute! My account? Ummmm??? Something doesn't sound right about that. //sarcasm off//
9 posted on 08/14/2009 3:59:04 AM PDT by mosaicwolf (Strength and Honor)
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To: Scanian

What’s a few billion when we are borrowing trillions. Just ask Red China for more money.

It’s the Obama way.


11 posted on 08/14/2009 4:31:33 AM PDT by Venturer
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To: Scanian

what about the lockbox?


13 posted on 08/14/2009 5:44:38 AM PDT by sickoflibs (Socialist Conservatives: "'Big government is free because tax cuts pay for it'")
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To: Scanian
Oh but if Bama and his ‘death panel’ can get US to pay for that particular ‘end of life’ session where it becomes law of the land to prescribe those grandmas that ‘pill’ they can ‘save’ social security....
24 posted on 08/19/2009 6:19:09 AM PDT by Just mythoughts (Bama and Company are reenacting the Pharaoh as told by Moses in Genesis!!!!!)
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To: Scanian
When you get down to cases, where was the Social Security "Trust Fund" supposed to be invested? You are the fund manager, just where do you put the money? You are talking hundreds of billions, do you put it in the stock market? Funds of that magnitude would cause major tremors in the market upon rumors that they might "redistribute" their portfolio. Do you put it in the banking system, I think not as the US government guarantees the banking system. Do you stick it in a Mason Jar under the front porch? Cant do that as it generates no return.

The only sane thing to do would be to pay down current debt, which of course they (congress) never did. No, they just couldn't help themselves, so they kept on skimming the cash and spending it on ever expanding social programs with the end of buying more votes.

Regards,
GtG

PS My contributions for FICA go back to 1961 and if invested in the stock market w/ returns tracking the Dow would be worth $1,200,000 or there abouts. The actual total cash withheld is around $50,000. So no, I don't want just what they skimmed, I want the time value of that money spread over 40+ years that they screwed me out of, they can keep the chump change.

PPS Is anyone else getting screwy results from the "spell check" feature? Like it flags every word?

28 posted on 08/19/2009 10:37:58 AM PDT by Gandalf_The_Gray (I live in my own little world, I like it 'cuz they know me here.)
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