-
Recently Browsing 0 members
- No registered users viewing this page.
-
Topics
-
-
-
Popular Contributors
-
1
-
2
-
3
-
4
.thumb.jpeg.d2d19a66404642fd9ff62d6262fd153e.jpeg)
-
5
-
-
-
Latest posts...
-
6
The future of car manufacturing in the US
How long did CNN cover the magnificent once in a lifetime bombing of the iran nuclear program? Not negative enough i guess -
32
UK Ofcom Says Trans Views Must Still Be Aired Despite Supreme Court Ruling
“Perhaps they should be referred to as people who identify as a woman, or people who want to be a woman, or peoplewho are sorry they weren't born as a woman, but they arenot biological females, so let's just stop the nonsense” How about referring to them as nutters. -
6,054
-
130
Three U.S. ex-presidents denounce the current one in a two-week stretch
No, better to point out the year that cash flow out exceeded cash flow in. And that "dirty little secret" would be 2010. And because the country was in deficit, the Treasury had to borrow from the public the cash to make up for that cash flow shortfall. Thus, 2010's deficit increases accordingly. So too deficits in years afterwards. And, of course in accumulation -- the national debt. Yes, the books show that the SS Trust fund actually increased 'til 2021, since total interest IOU's accumulated during those years actually totaled more than the interest IOU's cashed in to the Treasury to pay for the cash flow shortfall. But since 2010, and every year hence, the Treasury has had to add to the national debt -- by selling Treasuries to the public to pay back those SS IOU's. Now, with interest IOU's no longer able to cover cash flow shortfalls -- IOU's of principal are having to be redeemed by the Treasury -- and this accounting number will be depleted in 2032 -- or earlier. But forgetting the accounting slight of hand being played here, just concentrate on the cash, since 2010, that the Treasury had to borrow from the public each and every year -- and will be legally obligated to borrow until the Trust Fund runs out in 2032, or abouts. (I say legally obligated because those IOU's are legal obligations.) But, what if Congress says post 2032 -- hey, we've been providing for the cash flow shortfalls since 2010. Why not just continue paying out those cash shortfalls for the public good (i.e., not having benefits reduced) -- since the Trust Fund is just an accounting gimmick..... Anyway, something like that will surely happen -- and maybe the Trust Fund will go away and copy Social Security's SSI payments, which are strictly a line item from general revenue. -
33
Bread in US is actually poisoning you...
exactly, used to make the bread even whiter and has been linked to many different cancers and like KhunLA says, bannded in China, Europe but not in the USA. Just like transfats which the USA watchdogs knew was unhealthy but allowed it to still be used for decades! Like big Pharma there, the food industry has some powerful folks too and they only concern themselves with making money off the masses and seem to actually care less and less about the citizens. -
32
UK Ofcom Says Trans Views Must Still Be Aired Despite Supreme Court Ruling
I knew you would be a fan of Ofcom.
-
-
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