To Tell Or Not To Tell That Is The Question
-
Recently Browsing 0 members
- No registered users viewing this page.
-
Topics
-
-
Popular Contributors
-
-
Latest posts...
-
-
164
Three U.S. ex-presidents denounce the current one in a two-week stretch
Well, duh, you have a negative cash flow situation -- are you short on mathematical skills? To accommodate this cash shortfall, the Treasury has to turn to selling bonds to the public -- since we haven't been in a positive tax collection situation since Clinton. And, so, national debt increases proportionally. The value of the Trust fund just represents how much the Treasury owes the Trust fund for loaning its excess cash in years prior. It's not an asset, like gold or Sovereign Trust Fund -- it's just a marker for how much the Treasury owes the Trust fund. Here's where you and Bernie get confused.... Intragovernmental debt is a zero sum game. That's literally a paper tiger. Those IOU's are NOT an asset, like gold or dollars under a mattress -- they're just a legal reminder of what the Treasury owes the SS Admin. Those excess FICA dollars went internally to US govt assets -- not externally, where, in the future, they could be recouped WITHOUT affecting the US debt picture. Intragovernmental debt is an entirely different animal than public debt -- loaning to yourself ain't the same as loaning to Ahso Wong. Actually, those opinion pieces, like from Cato, certainly have a lot more credence than your representations... You have? Please refresh my memory. A nicely written article on how the Trust fund affects national debt would be nice. -
9
Non O Retirement Visa Application In-Country (Kalasin)
Unfortunately not. However, I will be going back there to get the 30-day extension on my current visa, so I can always ask... -
73
Report Sunburn Nightmare: British Teen’s Thailand Trip Derailed by Sun
500 baht to be snapped up as an influencer for a sun screen company! In my day we were taught common sense. I doubt very much she swims in the English summer without sun screen This IMO was a well thought out scam -
6
-
9
-
-
Popular in The Pub
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now