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“I do believe there will be some cuts (to Medicare & Social Security).” - DOGE caucus
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12-19-2024, 06:02 PM
(This post was last modified: 12-19-2024, 06:06 PM by The Drifter. Edited 2 times in total.)
Looting the Treasury..... The Rich?????? Here's the truth.......
How much money has Congress taken from the Social Security Trust Fund? The Government Has Borrowed $2.9 Trillion From The Social Security Trust Fund. The government has borrowed (more like stolen) the total value of the Trust Fund to pay for other government spending. Can you say "Pork barrel pet projects"????????? ![]() We show less advertisements to registered users. Accounts are free; join today!
12-19-2024, 06:11 PM
(This post was last modified: 12-19-2024, 06:12 PM by mikesez. Edited 1 time in total.)
(12-19-2024, 04:37 PM)The Real Marty Wrote:(12-19-2024, 04:33 PM)WingerDinger Wrote: Yup.. I earned that right. They hate me because I questioned their MeowMeowBeenz system. It meant much more to them than they ever let on. But to wingers point, he says he's been suspended, I never have been suspended here.
My fellow southpaw Mark Brunell will probably always be my favorite Jaguar.
(12-19-2024, 06:11 PM)mikesez Wrote:(12-19-2024, 04:37 PM)The Real Marty Wrote: You're just holding that smart phone all day, saying things like, "[BLEEP] you, you piece of dog [BLEEP]." < direct quote. That's part of your problem, nobody hates you, they just hate the way you are. Have you tried being a different person? Those reindeer games sure are fun..
(12-19-2024, 06:02 PM)The Drifter Wrote: Looting the Treasury..... The Rich?????? Here's the truth....... I think that "borrowing" from the Social Security Trust Fund is because the SS Trust Fund is required to invest all their cash in US government bonds. The reason was because that was considered the safest investment. So it's nothing nefarious. It's just following the rules that were set out for the SS Trust Fund. The US government hasn't stolen anything from the trust fund. The trust fund is holding US government bonds.
(12-19-2024, 06:19 PM)The Real Marty Wrote:(12-19-2024, 06:02 PM)The Drifter Wrote: Looting the Treasury..... The Rich?????? Here's the truth....... Borrowing means to Pay it back, with interest.... I don't see the Feds paying anything back because I keep hearing them say it's going Broke so........... I stand by the More like stolen comment........ ![]() We show less advertisements to registered users. Accounts are free; join today!
(12-19-2024, 06:27 PM)The Drifter Wrote:(12-19-2024, 06:19 PM)The Real Marty Wrote: I think that "borrowing" from the Social Security Trust Fund is because the SS Trust Fund is required to invest all their cash in US government bonds. The reason was because that was considered the safest investment. So it's nothing nefarious. It's just following the rules that were set out for the SS Trust Fund. The US government hasn't stolen anything from the trust fund. The trust fund is holding US government bonds. I don't think you understood what I said.
(12-19-2024, 06:29 PM)The Real Marty Wrote:(12-19-2024, 06:27 PM)The Drifter Wrote: Borrowing means to Pay it back, with interest.... I don't see the Feds paying anything back because I keep hearing them say it's going Broke so........... I stand by the More like stolen comment........ Tell us, oh prudent one..
(12-19-2024, 06:19 PM)The Real Marty Wrote:(12-19-2024, 06:02 PM)The Drifter Wrote: Looting the Treasury..... The Rich?????? Here's the truth....... Honest question because I don't fully understand the bureaucratic financial machinations involved. Why is it said that SS will go broke in so many years? Is it because government bonds are of decreasing value?
12-19-2024, 06:51 PM
(This post was last modified: 12-19-2024, 06:52 PM by KingIngram052787. Edited 1 time in total.)
(12-19-2024, 06:42 PM)homebiscuit Wrote:(12-19-2024, 06:19 PM)The Real Marty Wrote: I think that "borrowing" from the Social Security Trust Fund is because the SS Trust Fund is required to invest all their cash in US government bonds. The reason was because that was considered the safest investment. So it's nothing nefarious. It's just following the rules that were set out for the SS Trust Fund. The US government hasn't stolen anything from the trust fund. The trust fund is holding US government bonds. Lots of boomers retiring and declining birth rates over the years means there are less workers paying into the system compared to number of people receiving benefits. It's basically a giant ponzi scheme if you think about it. We show less advertisements to registered users. Accounts are free; join today!
12-19-2024, 06:53 PM
(This post was last modified: 12-19-2024, 06:54 PM by mikesez. Edited 1 time in total.)
(12-19-2024, 06:42 PM)homebiscuit Wrote:(12-19-2024, 06:19 PM)The Real Marty Wrote: I think that "borrowing" from the Social Security Trust Fund is because the SS Trust Fund is required to invest all their cash in US government bonds. The reason was because that was considered the safest investment. So it's nothing nefarious. It's just following the rules that were set out for the SS Trust Fund. The US government hasn't stolen anything from the trust fund. The trust fund is holding US government bonds. It is because the reserves built up in the 70s and 80s are being depleted. SS ran a surplus, invested that mostly in government bonds, and now it runs a deficit. When the trust fund is depleted, the new money coming in will be less than the money obligated to go out. At that point the system will be "broke". It will still pay out based on whatever it gets each month. One estimate I remember seeing was about $0.70 on the dollar. More likely, Congress will "spend" i e. direct Treasury to issue new debt, to make up the difference. That will be very inflationary. Those are the two scenarios that might play out that day. It won't be a fun day, but not the end of the world either.
My fellow southpaw Mark Brunell will probably always be my favorite Jaguar.
(12-19-2024, 04:37 PM)The Real Marty Wrote:(12-19-2024, 04:33 PM)WingerDinger Wrote: Yup.. I earned that right. This is an adult forum. We mod it lightly because the material is very controversial. The personal stuff here is definitely less regulated than elsewhere. I can change that if you'd like, but I don't think the forum would be nearly as interesting. “An empty vessel makes the loudest sound, so they that have the least wit are the greatest babblers.”. - Plato
12-19-2024, 07:04 PM
(This post was last modified: 12-19-2024, 07:10 PM by The Real Marty. Edited 1 time in total.)
(12-19-2024, 06:53 PM)flsprtsgod Wrote:(12-19-2024, 04:37 PM)The Real Marty Wrote: You're just holding that smart phone all day, saying things like, "[BLEEP] you, you piece of dog [BLEEP]." < direct quote. Okay. I don't want any overreaction. I would think that personal insults like "[BLEEP] you, you piece of dog [BLEEP]" would generate some sort of regulation, but it's okay. Whatever. And censoring the words doesn't hide anything. It's obvious what he said. And that was the entire post. Nothing but that. It seems like you could just toss that post, because it has no content other than "[BLEEP] you, you piece of dog [BLEEP]." (12-19-2024, 06:11 PM)mikesez Wrote:(12-19-2024, 04:37 PM)The Real Marty Wrote: You're just holding that smart phone all day, saying things like, "[BLEEP] you, you piece of dog [BLEEP]." < direct quote. What is "their MeowMeowBeenz system?"
(12-19-2024, 07:04 PM)The Real Marty Wrote:(12-19-2024, 06:53 PM)flsprtsgod Wrote: This is an adult forum. We mod it lightly because the material is very controversial. The personal stuff here is definitely less regulated than elsewhere. I can change that if you'd like, but I don't think the forum would be nearly as interesting. You're such an 80 year old lady.. Enjoy your licorice, Matilda.. We show less advertisements to registered users. Accounts are free; join today!
And once again the gullible jump on the crazy train they are told to ride.
Democrats have been saying this for 50 years. They also said it Trump's first term... didn't happen. They said it while he ran this year - to which Trump said - quote "no, will not touch it" But some guy walking in a hallway said it - OH MY GOD!!!! AUAUUUGGHHH!!!!!!!!!!!!!!!!!!!!!! (12-19-2024, 11:28 AM)flsprtsgod Wrote:Stupid post of the week(12-18-2024, 11:48 PM)TDOSS Wrote: You Trump voters are might be some of the dumbest humans on the planet.
12-19-2024, 07:48 PM
(This post was last modified: 12-19-2024, 07:55 PM by mikesez. Edited 3 times in total.)
(12-19-2024, 07:04 PM)The Real Marty Wrote:(12-19-2024, 06:53 PM)flsprtsgod Wrote: This is an adult forum. We mod it lightly because the material is very controversial. The personal stuff here is definitely less regulated than elsewhere. I can change that if you'd like, but I don't think the forum would be nearly as interesting. The reputation score. You should watch that episode of Community. It's hilarious. And it pre-dated similar episodes of South Park and Black Mirror. Community is way under-appreciated. (12-19-2024, 06:53 PM)flsprtsgod Wrote:(12-19-2024, 04:37 PM)The Real Marty Wrote: You're just holding that smart phone all day, saying things like, "[BLEEP] you, you piece of dog [BLEEP]." < direct quote. It would be much more interesting without all the irrelevant personal stuff. Less fun for you, maybe, but less garbage for the rest of us to wade through to get to the good part. If it's too much work for the current team I would be glad to moderate out personal attacks in this area. If you only trust mod duties to people you've personally met, let me know the next time you're in town.
My fellow southpaw Mark Brunell will probably always be my favorite Jaguar.
(12-19-2024, 04:37 PM)The Real Marty Wrote:(12-19-2024, 04:33 PM)WingerDinger Wrote: Yup.. I earned that right. TDoss does the same thing when replying to Trump voters. Calls them all kinds of names and says all kinds of nasty stuff. If you're going to call one out call them all out. (12-19-2024, 07:54 PM)americus 2.0 Wrote:(12-19-2024, 04:37 PM)The Real Marty Wrote: You're just holding that smart phone all day, saying things like, "[BLEEP] you, you piece of dog [BLEEP]." < direct quote. No, he calls Trump names, then you call him names, then he calls you names. I wish he wouldn't call Trump names, but that doesn't mean anyone should get to call him names. Neither of us start this stuff.
My fellow southpaw Mark Brunell will probably always be my favorite Jaguar.
We show less advertisements to registered users. Accounts are free; join today!
(12-19-2024, 07:57 PM)mikesez Wrote:(12-19-2024, 07:54 PM)americus 2.0 Wrote: TDoss does the same thing when replying to Trump voters. Calls them all kinds of names and says all kinds of nasty stuff. Sure dude.
(12-19-2024, 07:57 PM)mikesez Wrote:(12-19-2024, 07:54 PM)americus 2.0 Wrote: TDoss does the same thing when replying to Trump voters. Calls them all kinds of names and says all kinds of nasty stuff. Very strange that you’re suddenly going hard white knighting for that guy…very strange indeed. Or maybe not… And you didn’t “question” the reputation system. You grumbled, moaned and complained about it constantly.
What in the Wide Wide World of Sports is agoin' on here???
(12-19-2024, 08:08 PM)Bchbunnie4 Wrote:(12-19-2024, 07:57 PM)mikesez Wrote: No, he calls Trump names, then you call him names, then he calls you names. Those are all forms of questioning.
My fellow southpaw Mark Brunell will probably always be my favorite Jaguar.
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