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Re: Talks on Fiscal Crisis Face Setback That Threatens Deal 

By: ribit in FFFT | Recommend this post (1)
Mon, 31 Dec 12 4:37 AM | 55 view(s)
Boardmark this board | Food For Further Thought 		Msg. 48941 of 65535
(This msg. is a reply to 48940 by oldCADuser)
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ocu
...that's moronic on many levels. If they borrowed the money from social security to fund programs that should be funded by general revenue, that mixed social security into the general budget as an assett. Ya can't count money borrowed from social security as an assett to show a balanced budget (ala clinton) and then not show the debt as a liability or the books won't balance. They are hopelessly mixed forever and ever. Ya shoulda learned at least that much in accounting 101.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!

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The above is a reply to the following message:
Re: Talks on Fiscal Crisis Face Setback That Threatens Deal
By: oldCADuser in FFFT
Mon, 31 Dec 12 3:57 AM 		Msg. 48940 of 65535

Social Security is NOT part of the budget. It's a self-funded program which has not added a single dime to the deficit. The only relationship between SS and the budget is that Congress has been borrowing from the Social Security trust-fund, but not a dime of expenses have come from the general budget since the program was launched.

If you don't believe me, perhaps if you heard it yourself from the Republican's patron Saint:

http://www.youtube.com/watch?v=ihUoRD4pYzI

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