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To: Libloather

Why don’t they tell us about these unfunded liabilities? Simple. They’re not real. You see, they are just promises to pay in the future. When push comes to shove the government can and will just wave a magic wand and these liabilities all go away. People will suffer but since when does big government care about that? Besides, what are they going to do, sue? Right.


4 posted on 01/06/2013 1:33:10 PM PST by pepsi_junkie (Who is John Galt?)
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To: pepsi_junkie

That’s called a Jubilee, and I am convinced that it is going to happen. Wave the magic wand and cancel all the debts. Tough medicine indeed — but there is no Plan B.


5 posted on 01/06/2013 1:34:56 PM PST by ClearCase_guy (Nothing will change until after the war.)
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To: pepsi_junkie
Unfunded liabilities depend so much on demographic change, as well as the initial interest rate you want to set as a constant, they aren't worth worrying about.

They don't happen.

10 posted on 01/06/2013 2:15:37 PM PST by muawiyah
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