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Thread: Republican wins Democratic New York House seat

  1. #1001
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    Re: Republican wins Democratic New York House seat

    Quote Originally Posted by winston53660 View Post
    The cash is used to purchase in US Treasury Securities, are you saying SS should keeps the cash in cash?
    Where is the cash going to come from to fund those Treasuries? Ever tried to spend a treasury on your mortgage?

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    Re: Republican wins Democratic New York House seat

    Quote Originally Posted by Conservative View Post
    Where is the cash going to come from to fund those Treasuries? Ever tried to spend a treasury on your mortgage?

    You sophistry is astounding

    Should the SS Administration keep their funds in cash or not?
    Last edited by winston53660; 09-19-11 at 06:24 PM.

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    Re: Republican wins Democratic New York House seat

    Quote Originally Posted by AdamT View Post
    No, BUDGET deficits absolutely are not public debt plus intergovenmental holdings. That is absolutely wrong. Presidents do not budget social security tax surpluses, for one. You are making up your own definition of deficit to suit your incorrect argument.



    A real issue, but a diversion from the topic at hand, which is that Clinton did in fact run budget surpluses for four years.
    Better think about what you are posting as you make a fool of yourself. Total debt does indeed include PUBLIC DEBT PLUS INTERGOVT. HOLDINGS. you really need to get back into school or pay attention while in school.

    As for the Clinton surplus where is that shown on the U.S. Treasury data? why doesn't a surplus reduce the debt?

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    Re: Republican wins Democratic New York House seat

    Quote Originally Posted by Conservative View Post
    Where is the cash going to come from to fund those Treasuries?
    From tax collections paid to the US Treasury Department. Where else would you think they would come from?
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    Re: Republican wins Democratic New York House seat

    Quote Originally Posted by winston53660 View Post
    You sophistry is astounding
    So, no answer? What a surprise!

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    Re: Republican wins Democratic New York House seat

    Quote Originally Posted by haymarket View Post
    From tax collections paid to the US Treasury Department. Where else would you think they would come from?
    Tax collections now are 1.4 trillion in deficit so where is the money going to come from to pay for those Treasury bonds?

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    Re: Republican wins Democratic New York House seat

    Quote Originally Posted by Conservative View Post
    So, no answer? What a surprise!
    You answered a question with a question bright eyes.

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    Re: Republican wins Democratic New York House seat

    Quote Originally Posted by winston53660 View Post
    You sophistry is astounding
    Astounding!?!?!?!? it seems rather pedestrian to me. It utterly fails to impress, let alone awe.
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    Re: Republican wins Democratic New York House seat

    Quote Originally Posted by haymarket View Post
    What they are saying is that they are against anything Social Security did. Folks of that ideological mindset opposed it in the Thirties and nothing has changed for them in 3/4 of a century.
    What you and other liberals fail to understand is that SS surpluses are obligations that are due future retirees so using them steals from those obligations. Guess that is ok in your world.

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    Re: Republican wins Democratic New York House seat

    Quote Originally Posted by winston53660 View Post
    You answered a question with a question bright eyes.
    Still waiting for an answer. How can a govt. running a 1.4 trillion dollar yearly deficit going to pay back the SS IOU's?

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