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In reply to the discussion: Hmmmm.... Mar 1, 2013 CBO Report on Chained CPI [View all]TheProgressive
(1,656 posts)19. There is zero risk with US Treasuries and the only option in my opinion...
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What really bothers me is that JOBS will solve all our economic and fiscal issues.
TheProgressive
Mar 2013
#3
In order to do that we would have to borrow money to put FDR and Eisenhower style
Cleita
Mar 2013
#25
I've noticed...but I can't figure out why jobs are seldom if ever discussed.
onpatrol98
Mar 2013
#36
Well, actually that $2.7 T in the trust Fund is part of the National Debt.
TheProgressive
Mar 2013
#6
If you put SS and the military into the same sentence you are buying into the republican lie
Angry Dragon
Mar 2013
#7
Whoa hold on... I know and wrote that SS has nothing to do with the budget or...
TheProgressive
Mar 2013
#11
The SS checks come from the treasury. If it were writing $800 billion less in checks...
Recursion
Mar 2013
#30
I think you're missing Greenspan's neat trick: bond purchases by the SSA are not "deficit"
Recursion
Mar 2013
#47
It's not. The capital is invested in Treasury Bonds which makes it seem like that
Cleita
Mar 2013
#8
But, by law they have to be invested in the safest investments in the world... US Treasuries.
TheProgressive
Mar 2013
#12
There is zero risk with US Treasuries and the only option in my opinion...
TheProgressive
Mar 2013
#19
Yes and the SS fund is owed that money from the Treasury, not the other way around. n/t
Cleita
Mar 2013
#10
But Congress sets the rate at which the Trust Fund spends its money to beneficiaries
Recursion
Mar 2013
#14
No, according to the Constitution the people ordained and established the form of government
Recursion
Mar 2013
#34
And what part of "of the people, by the people and for the people" don't you get? n/t
Cleita
Mar 2013
#46
Oh, fer Chrissakes. Yes, it's a quote by Abraham Lincoln, who as President understood what
Cleita
Mar 2013
#51
And it might have made more sense for SS to be an insurance system, but it's not
Recursion
Mar 2013
#48
Except to that faction who would praise Him for eating puppies on live TV
kenny blankenship
Mar 2013
#23