Report Thai Government Addresses Confusion Over Poker Policy
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Bombshell: Obama & Crew knew all along, Russia Russia was a hoax.
Is that a scoop? It's been known for years! 🤣 https://www.washingtonpost.com/world/national-security/clinton-campaign-dnc-paid-for-research-that-led-to-russia-dossier/2017/10/24/226fabf0-b8e4-11e7-a908-a3470754bbb9_story.html -
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USA Trump’s Odd Speeches Raise New Doubts About His Mental Acuity
Love that silver spoon baboon most excellent description of trump!!clever thief craps in the house leaves chaos in his wake destructive erratic just a perfect description for trump! -
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Americans on SS: What will you do when SS will Cut $18,000 in 7 years?
Well, she certainly has agitated some of the naive.... But, she certainly is not anti SS -- only trying to point out the problem is now -- not 2033, when the Trust Fund runs out. Let's do a parable here. Say SS, who had cash flow surpluses up to 2010 -- had bought gold with those surpluses, and not Treasury IOUs. Now, since 2010, when SS cash flow deficits began, they needed cash to cover those deficits -- so they sold gold to China. In 2023, they needed $115B dollars to cover this deficit, so sold gold to China (or whomever in the public) to obtain these dollars. Dollars from China covered the deficit, SS's gold assets reduced by same amount. But NO add on to the US national debt, as this gold-for-dollars was a completely independent transaction by the SS -- no US govt, and any related addition to US govt nation debt, involved. Compare this to what actually happened to those SS surplus cash flows -- they bought Treasury IOUs, and not an outside-the-govt asset, like gold. And the Treasury bought aircraft carriers, and not any redeemable asset attached to the SS Trust Fund. So, come 2010, when negative cash flows began, analyze what happened: SS had no gold to cash in, but only IOUs, which the Treasury traded for cash -- but had to get that cash from China, and thus go into an added national debt of $115B, because of its obligation, per IOU, to Social Security. This is where Cato -- and others -- are trying to wake up those, like Bernie Sanders, who say the numbers (numbers being the IOUs) indicate there is no problem, until the IOUs run out in 2033. Use the gold parable to educate yourself that, IOUs are not an asset, like gold. Thus, what Cato is hammering out, is that: the current SS cash flow deficit is definitely increasing the national debt -- and playing accounting games, like with intragovernmental debt, won't make that fact disappear. This whole discussion is merely to point out, as Cato tries to, that: We don't have until 2033 to address the problem. Why Bernie Sanders, and others, would say otherwise.. is curious, or stupid. -
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USA Trump’s Odd Speeches Raise New Doubts About His Mental Acuity
The only being he worships is himself and seems that is really obvious whenever he talks about any accomplishments that he supposedly has done yet in most cases any success was without his involvement at all. IMHO again.- 1
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