Interview Of The President
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135
Three U.S. ex-presidents denounce the current one in a two-week stretch
So what? We're talking cash flow; that this year's interest, represented by IOU's, increased the value of the Trust Fund is just fine and dandy for accounting purposes. But, come 2010, the Treasury finally had to trade some Trust Fund IOU's for hard cash, to make up for the short fall in benefit cash payout. And the Treasury, since it was negative on taxpayer inputs, had to borrow from the public for this cash to pay to the Trust Fund. Thus, an increase in the deficit in 2010 -- unless you believe IOU's for annual interest are the same as hard cash..... Nope. It had to borrow more in 2010 -- and more ever since, because the Trust Fund had to cash in some IOU's to get hard cash to cover the cash flow deficit. And the Treasury had to come up with that cash. Had things been as before 2010, when the Trust Fund traded its excess cash to the Treasury for IOU's -- well, in this case, the Treasury has to borrow less from the public, because of that cash infusion from Social Security. Now, if the Trust Fund was invested in gold, a Sovereign Fund, or in a mattress -- yeah, the Treasury would "borrow that same amount regardless of what the SS trust fund does with its capital." But, that's a whole different scenario from what we're talking here. Huh? IOU's don't mature. They, post 2010, just finally get exchanged back into the hard cash originally loaned to the Treasury. 'Til 2032, no more owed to the SS trust fund. The accounting gimmick has expired, now what boss? Oh, just keep paying the shortfall; we'll just add it as another line item short of funding. -
26
Immigration problems with DTV?
I’ve been in and out of both Suvarnabhumi and Don Mueang a few times on my DTV and had no questions or other problems. I don’t think it is unreasonable for an immigration officer to ask questions and maybe they will in the future. I can show things like company registration on my phone and normally have my laptop with me if they need other evidence. Haven’t tried to extend in country which may need more paperwork from some accounts I’ve heard. I also normally stay out for a week, two weeks or longer. Don’t know if same day border bounces or short trips to Cambodia / Laos might trigger questions potentially? -
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ATM fee now 250bt
Well it changed on July 1, which is today. It's a new world! lol -
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Politics Thai PM Paetongtarn Shinawatra Faces Legal and Political Turmoil Over Leaked Call
I thought they all fell out of the same pot -
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Bread in US is actually poisoning you...
We had a guy here in England. The BBC loved him. He had a couple of shows. One was called; "Jim will fix it". Turned out to be horrible piece of work. Jimmy Savile was his name.
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