Hello There, Guest! (LoginRegister)

Post Reply 
Trump approves strikes on Iran after drone shot down but pulls back
Author Message
JRsec Offline
Super Moderator
*

Posts: 38,284
Joined: Mar 2012
Reputation: 7978
I Root For: SEC
Location:
Post: #261
RE: Trump approves strikes on Iran after drone shot down but pulls back
(06-23-2019 08:28 AM)swagsurfer11 Wrote:  
(06-22-2019 02:17 PM)TigerBlue4Ever Wrote:  
(06-22-2019 02:00 PM)swagsurfer11 Wrote:  
(06-22-2019 01:52 PM)TigerBlue4Ever Wrote:  
(06-22-2019 01:25 PM)swagsurfer11 Wrote:  I understood everything that he said, I just don't need that kind of negativity in my life and you shouldn't either.

I know I know, reality bites and you youngsters have been ill prepared by your parents or even by society to face cold hard truths. They're just so hurtful.

You boomers will never get it. Carry on with your destruction.

LOL, what a cop out. Nice way to remove your own self from any blame at all I guess.

Here, maybe you'll surprise me with a well thought out response to this question: What is it exactly that you think baby boomers are responsible for destroying. Please don't list your opinion on it but provide facts and stats to bear out your assertions. Keep in mind that yours isn't the first generation, not by a long shot, who tried to blame their predecessors for present day issues, which completely ignores any history beyond the generation immediately before your own. It's short sighted and reactionary.

You guys are the ultimate "me me me" generation. You basically broke everything that your parents handed down to you. Social Security, broken. Roads, broken. Airports, broken. Schools, broken. Politics, broken. Since you decided not to invest in the future, were you at least able to save our country a little money? Nope. Debts and deficits are out of control.
You got put on 2nd and 3rd base with no outs and managed to get into a triple play without scoring. Thanks.

You must have taken naps during history. Roosevelt started a federally mandated savings program which could not be touched by government. LBJ breaks the bank on social security to pay for the Great Society program. LBJ was not a Boomer. As LBJ and then Nixon (neither of which were Boomers) spent us from 205 million in national debt into the 10's of Billions for the Viet Nam war it was Boomers getting their butts shot off by the VC while it was those born in the 20's that were being lobbied to spend us into oblivion. The lack of Federal funds coupled with corporate favors and tax breaks at the state level in hopes of attracting jobs led to a decline in revenue at the state level for the upkeep of bridges and roads, and again it was not a Boomer problem. Airports somehow got put on the backs of municipalities but they are corporately owned and provide necessities for corporate aviation firms. This situation also grew out of the 50's and 60's and was not a Boomer issue.

What Boomers did was inherit a world run by corporations, a world where family businesses thanks to lobbied for perks and tax breaks for powerful corporations placed family businesses at a 13 point disadvantage before they could open their doors for business in the mornings (50% cut on local property taxes and the state portion of sales tax advantage that local merchants paid for entirely).

And meanwhile the conglomerates that backed the FED lobbied for more and more spending for goods from their corporations at the expense of the American taxpayer and since the FED is merely one bank of an international banking system where the value of the dollar is subject to rise and fall against other currencies instead of being self contained as it was until roughly '63 and then you find the cost of everything goes up and up and it's inflation that has driven the relative cost of living to levels where the middle middle class has a tough time keeping up.

Boomers were the excuse for inflation but it was FED policy that drove it and drove it for profit, the profit of their backers from sold merchandise, the profit of the FED from interest, and the profit from exchange between their banks.

It's like the Southern Company (Gulf Power, Alabama Power, Georgia Power) selling excess energy between states and having the consumer of those states pay an exchange rate premium for their internal transactions.

What I find disgusting and ill informed about your position is that you don't know any of this. Partly because tagging Boomers was an easy out. Boomers have created issues for us, but not these. Most of these were created when the FED took over the banking system rather than merely being a part of it and none of that was the doing of Boomers.

I've lived long enough to see the death of private business at the hands of major corporations who didn't win because of efficiency or purchasing power, or a better product, but who won because they had enough cash to bribe Congress for perks and benefits that nobody else could have. That's not capitalism. That's graft.

So infrastructure, your state tax base, the local tax base (once wholly supported by local business), and inflation are all the spawn of the rise of the major corporations' power and that of the FED they back. Crony Capitalism is what it was called way back when. It is what Ike warned us about in his farewell remarks. And the devastation it has wrought upon the American Dream is unfathomable for the average ill informed American. And absolutely none of that was the fault of Boomers and was set in place before Boomers were old enough to hold office.

The fault of the Boomers is that they accepted this way of life handed them by their parents and did nothing to correct it. If your generation will correct it you need first to identify the real enemy and it's not the Boomers, but rather the corporate elite who through privilege and their animal the Federal Reserve have saddled you with the burden you feel and the broken infrastructure that no longer has funding at the state level to find repair because those funds have been sold to the highest bidder.

As for a baseball analogy the Boomers were called upon for relief in the bottom of the 8th trailing 20 Billion to nothing. Now you guys are up and it's 20 Trillion to nothing and your generation sucks at competitive sports so no my vibes aren't positive at all!
(This post was last modified: 06-23-2019 10:04 AM by JRsec.)
06-23-2019 09:56 AM
Find all posts by this user Quote this message in a reply
SoMs Eagle Offline
Heisman
*

Posts: 8,998
Joined: Nov 2011
Reputation: 683
I Root For: Mighty Mustard
Location:
Post: #262
RE: Trump approves strikes on Iran after drone shot down but pulls back
(06-23-2019 09:23 AM)swagsurfer11 Wrote:  
(06-23-2019 09:20 AM)SoMs Eagle Wrote:  
(06-23-2019 08:28 AM)swagsurfer11 Wrote:  
(06-22-2019 02:17 PM)TigerBlue4Ever Wrote:  
(06-22-2019 02:00 PM)swagsurfer11 Wrote:  You boomers will never get it. Carry on with your destruction.

LOL, what a cop out. Nice way to remove your own self from any blame at all I guess.

Here, maybe you'll surprise me with a well thought out response to this question: What is it exactly that you think baby boomers are responsible for destroying. Please don't list your opinion on it but provide facts and stats to bear out your assertions. Keep in mind that yours isn't the first generation, not by a long shot, who tried to blame their predecessors for present day issues, which completely ignores any history beyond the generation immediately before your own. It's short sighted and reactionary.

You guys are the ultimate "me me me" generation. You basically broke everything that your parents handed down to you. Social Security, broken. Roads, broken. Airports, broken. Schools, broken. Politics, broken. Since you decided not to invest in the future, were you at least able to save our country a little money? Nope. Debts and deficits are out of control.
You got put on 2nd and 3rd base with no outs and managed to get into a triple play without scoring. Thanks.

I will point it out again exactly what has broken all of the things that you have mentioned;

SINCE THE GREAT SOCIETY OF A DEMOCRAT PRESIDENT AND CONGRESS WE HAVE SPENT $22 TRILLION DOLLARS ON ABOUT 80 DIFFERENT WELFARE PROGRAMS TO SPREAD THE WEALTH.

THE NATIONAL DEBT TODAY IS $22 TRILLION. NOT A COINCIDENCE.

SOCIALISM-MARXISM BREAKS EVERYTHING. PERIOD.

Ok, that's Democrat socialism. Now list the Republican socialism. Both socialists, just disagree on how YOUR money should be spent.


The FFs were very aware that a free population would eventually vote themselves “free” things. That is one reason our government is divided into three branches, to slow down the political process. Only the vigilance of educated people would save this great country from destroying our freedom and growing a more powerful intrusive government.

Our educational system has led this country down this path because it has let America down.

The uneducated populace demands free stuff and the uneducated (mostly in the House but certainly some in the Senate) won’t to stay in Washington so they vote it in. Republican and Democrat.

Many in this small discussion group have no idea of the history of socialist-marxist governments. The largest of those in existence now are China and Russia whom they claim is our biggest enemies. 100s of millions of human beings died in these countries under these ideas. Yet many here think that can’t happen here. Why can’t it?

The most passionate patriots today are the ones who would say “America will never be a socialist nation”.
06-23-2019 09:59 AM
Find all posts by this user Quote this message in a reply
olliebaba Offline
Legend
*

Posts: 28,253
Joined: Jul 2007
Reputation: 2181
I Root For: Christ
Location: El Paso
Post: #263
RE: Trump approves strikes on Iran after drone shot down but pulls back
Really? Baby boomers? How about your generation wanting reparations for a war that was fought more than 100 years ago for slaves that are long gone. How about your generation wanting to give free college education, free money to everyone, free medical to illegal aliens while the US citizens can't get medical help themselves, (this isn't true by the way, I know of MANY who go the general hospital route where they can't get turned down). Free, free, free, but you don't see this. Open your eyes.
06-23-2019 07:09 PM
Find all posts by this user Quote this message in a reply
swagsurfer11 Offline
Heisman
*

Posts: 6,345
Joined: Jul 2009
Reputation: 178
I Root For: UC
Location:
Post: #264
RE: Trump approves strikes on Iran after drone shot down but pulls back
(06-23-2019 07:09 PM)olliebaba Wrote:  Really? Baby boomers? How about your generation wanting reparations for a war that was fought more than 100 years ago for slaves that are long gone. How about your generation wanting to give free college education, free money to everyone, free medical to illegal aliens while the US citizens can't get medical help themselves, (this isn't true by the way, I know of MANY who go the general hospital route where they can't get turned down). Free, free, free, but you don't see this. Open your eyes.


Just different spending priorities.

It's not free when taxes pay for it. What have you guys used tax money for the past 40 years? Wars.
06-24-2019 12:10 AM
Find all posts by this user Quote this message in a reply
gdunn Offline
Repping E-Gang Colors
*

Posts: 30,409
Joined: Oct 2011
Reputation: 2462
I Root For: Southern Miss
Location: In The Moment

Survivor Champion
Post: #265
RE: Trump approves strikes on Iran after drone shot down but pulls back
(06-23-2019 07:09 PM)olliebaba Wrote:  Really? Baby boomers? How about your generation wanting reparations for a war that was fought more than 100 years ago for slaves that are long gone. How about your generation wanting to give free college education, free money to everyone, free medical to illegal aliens while the US citizens can't get medical help themselves, (this isn't true by the way, I know of MANY who go the general hospital route where they can't get turned down). Free, free, free, but you don't see this. Open your eyes.

Don't lump me in with this guy..
06-24-2019 06:19 AM
Find all posts by this user Quote this message in a reply
TigerBlue4Ever Online
Unapologetic A-hole
*

Posts: 72,806
Joined: Feb 2008
Reputation: 5844
I Root For: yo mama
Location: is everything
Post: #266
RE: Trump approves strikes on Iran after drone shot down but pulls back
(06-22-2019 09:44 PM)JRsec Wrote:  
(06-22-2019 09:34 PM)cb4029 Wrote:  I saw this somewhere, but trump's motto is speak loudly and carry a little stick. 05-stirthepot

The moron went from hell fire and fury, to kissing North Korea's ass. SAD.

I wonder what part of Iran will he kiss.

You've never learned anything have you? "Keep your friends close and your enemies closer." Nothing substantive is ever going to change with North Korea ( a Chinese puppet) or Iran (a Russian puppet). But it is necessary to the do the dance and be ready to go at a moment's notice. Nothing has changed in Korea since 53 and nothing has changed in Iran since 75.

I wish just once you had something of substance to say that reflected any kind of sophistication of understanding the issues, and how the game is played.

Don't put too much pressure on him...
06-24-2019 07:24 AM
Find all posts by this user Quote this message in a reply
TigerBlue4Ever Online
Unapologetic A-hole
*

Posts: 72,806
Joined: Feb 2008
Reputation: 5844
I Root For: yo mama
Location: is everything
Post: #267
RE: Trump approves strikes on Iran after drone shot down but pulls back
(06-23-2019 08:28 AM)swagsurfer11 Wrote:  
(06-22-2019 02:17 PM)TigerBlue4Ever Wrote:  
(06-22-2019 02:00 PM)swagsurfer11 Wrote:  
(06-22-2019 01:52 PM)TigerBlue4Ever Wrote:  
(06-22-2019 01:25 PM)swagsurfer11 Wrote:  I understood everything that he said, I just don't need that kind of negativity in my life and you shouldn't either.

I know I know, reality bites and you youngsters have been ill prepared by your parents or even by society to face cold hard truths. They're just so hurtful.

You boomers will never get it. Carry on with your destruction.

LOL, what a cop out. Nice way to remove your own self from any blame at all I guess.

Here, maybe you'll surprise me with a well thought out response to this question: What is it exactly that you think baby boomers are responsible for destroying. Please don't list your opinion on it but provide facts and stats to bear out your assertions. Keep in mind that yours isn't the first generation, not by a long shot, who tried to blame their predecessors for present day issues, which completely ignores any history beyond the generation immediately before your own. It's short sighted and reactionary.

You guys are the ultimate "me me me" generation. You basically broke everything that your parents handed down to you. Social Security, broken. Roads, broken. Airports, broken. Schools, broken. Politics, broken. Since you decided not to invest in the future, were you at least able to save our country a little money? Nope. Debts and deficits are out of control.
You got put on 2nd and 3rd base with no outs and managed to get into a triple play without scoring. Thanks.

Yet everything we did as parents was to assure that asshats such as yourself had it better than we did. We didn't break SS, the politicians did. Prior to the Civil Rights Act SSI was sacred and inviolable, and then the political class decided they could get away with making it a congressional slush fund. Speaking of debts and deficits, I read somewhere recently that prior to Johnson's Great Society our debt was insignificant, since then we've spent 23 trillion on social welfare programs. Guess how much the national debt is.

You fukn morons WON'T do any better and likely will do FAR FAR worse as you are ill prepared to tie your own shoes much less run a country. But if it makes you feel better I'll hand you your participation trophy before the game even begins.

GTFO with your nonsense. It's truer than true, youth IS wasted on the young.
06-24-2019 07:30 AM
Find all posts by this user Quote this message in a reply
TigerBlue4Ever Online
Unapologetic A-hole
*

Posts: 72,806
Joined: Feb 2008
Reputation: 5844
I Root For: yo mama
Location: is everything
Post: #268
RE: Trump approves strikes on Iran after drone shot down but pulls back
(06-23-2019 07:09 PM)olliebaba Wrote:  Really? Baby boomers? How about your generation wanting reparations for a war that was fought more than 100 years ago for slaves that are long gone. How about your generation wanting to give free college education, free money to everyone, free medical to illegal aliens while the US citizens can't get medical help themselves, (this isn't true by the way, I know of MANY who go the general hospital route where they can't get turned down). Free, free, free, but you don't see this. Open your eyes.

And now Fauxahauntus is promising reparations for gay and lesbian couples whose tax rebates suffered because they weren't allowed to file jointly. 03-lmfao03-lmfao03-lmfao

You can't make this schit up. And some of the intended recipients of all this gubmint largess are pissed that some group would choose to lump them all together without any of them even being presented a choice. Some are smart enough to understand the burden it creates along with the animosity it also creates towards the recipients who've just become a special class of people.
(This post was last modified: 06-24-2019 09:43 AM by TigerBlue4Ever.)
06-24-2019 07:36 AM
Find all posts by this user Quote this message in a reply
BobL Offline
Heisman
*

Posts: 7,578
Joined: Sep 2004
Reputation: 41
I Root For: NIU
Location:
Post: #269
RE: Trump approves strikes on Iran after drone shot down but pulls back
(06-24-2019 07:30 AM)TigerBlue4Ever Wrote:  
(06-23-2019 08:28 AM)swagsurfer11 Wrote:  
(06-22-2019 02:17 PM)TigerBlue4Ever Wrote:  
(06-22-2019 02:00 PM)swagsurfer11 Wrote:  
(06-22-2019 01:52 PM)TigerBlue4Ever Wrote:  I know I know, reality bites and you youngsters have been ill prepared by your parents or even by society to face cold hard truths. They're just so hurtful.

You boomers will never get it. Carry on with your destruction.

LOL, what a cop out. Nice way to remove your own self from any blame at all I guess.

Here, maybe you'll surprise me with a well thought out response to this question: What is it exactly that you think baby boomers are responsible for destroying. Please don't list your opinion on it but provide facts and stats to bear out your assertions. Keep in mind that yours isn't the first generation, not by a long shot, who tried to blame their predecessors for present day issues, which completely ignores any history beyond the generation immediately before your own. It's short sighted and reactionary.

You guys are the ultimate "me me me" generation. You basically broke everything that your parents handed down to you. Social Security, broken. Roads, broken. Airports, broken. Schools, broken. Politics, broken. Since you decided not to invest in the future, were you at least able to save our country a little money? Nope. Debts and deficits are out of control.
You got put on 2nd and 3rd base with no outs and managed to get into a triple play without scoring. Thanks.

Yet everything we did as parents was to assure that asshats such as yourself had it better than we did. We didn't break SS, the politicians did. Prior to the Civil Rights Act SSI was sacred and inviolable, and then the political class decided they could get away with making it a congressional slush fund. Speaking of debts and deficits, I read somewhere recently that prior to Johnson's Great Society our debt was insignificant, since then we've spent 23 trillion on social welfare programs. Guess how much the national debt is.

You fukn morons WON'T do any better and likely will do FAR FAR worse as you are ill prepared to tie your own shoes much less run a country. But if it makes you feel better I'll hand you your participation trophy before the game even begins.

GTFO with your nonsense. It's truer than true, youth IS wasted on the young.

This is simply not true!
SS revenues credited to the trust funds (within the U.S. Treasury) are invested in non-marketable U.S. government obligations. These obligations are physical documents issued to the trust funds and held by SSA. When the obligations are redeemed, the U.S. Treasury must issue a check to the Social Security trust funds for the interest earned on the obligations.


https://fas.org/sgp/crs/misc/RL33028.pdf
06-24-2019 08:29 AM
Find all posts by this user Quote this message in a reply
GeorgeBorkFan Offline
All American
*

Posts: 3,089
Joined: Nov 2005
Reputation: 91
I Root For:
Location:
Post: #270
RE: Trump approves strikes on Iran after drone shot down but pulls back
(06-24-2019 08:29 AM)BobL Wrote:  
(06-24-2019 07:30 AM)TigerBlue4Ever Wrote:  Yet everything we did as parents was to assure that asshats such as yourself had it better than we did. We didn't break SS, the politicians did. Prior to the Civil Rights Act SSI was sacred and inviolable, and then the political class decided they could get away with making it a congressional slush fund. Speaking of debts and deficits, I read somewhere recently that prior to Johnson's Great Society our debt was insignificant, since then we've spent 23 trillion on social welfare programs. Guess how much the national debt is.

You fukn morons WON'T do any better and likely will do FAR FAR worse as you are ill prepared to tie your own shoes much less run a country. But if it makes you feel better I'll hand you your participation trophy before the game even begins.

GTFO with your nonsense. It's truer than true, youth IS wasted on the young.

This is simply not true!
SS revenues credited to the trust funds (within the U.S. Treasury) are invested in non-marketable U.S. government obligations. These obligations are physical documents issued to the trust funds and held by SSA. When the obligations are redeemed, the U.S. Treasury must issue a check to the Social Security trust funds for the interest earned on the obligations.


https://fas.org/sgp/crs/misc/RL33028.pdf

It absolutely is true. Where does the money come from to pay off those bonds?
06-24-2019 09:19 AM
Find all posts by this user Quote this message in a reply
B_Hawk06 Offline
Moderator
*

Posts: 15,482
Joined: Dec 2014
Reputation: 676
I Root For: UNCW / America
Location:
Post: #271
RE: Trump approves strikes on Iran after drone shot down but pulls back
(06-24-2019 07:36 AM)TigerBlue4Ever Wrote:  
(06-23-2019 07:09 PM)olliebaba Wrote:  Really? Baby boomers? How about your generation wanting reparations for a war that was fought more than 100 years ago for slaves that are long gone. How about your generation wanting to give free college education, free money to everyone, free medical to illegal aliens while the US citizens can't get medical help themselves, (this isn't true by the way, I know of MANY who go the general hospital route where they can't get turned down). Free, free, free, but you don't see this. Open your eyes.

And now Fauxahauntus is promising reparations for gay and lesbian couples whose tax rebates suffered because they weren't allowed to file jointly. 03-lmfao03-lmfao03-lmfao

You can't make this schit up. And some of the intended recipients of all this gubmint largess are pissed that some group would choose to lump them all together without any being presented a choice. Some are smart enough to understand the burden it creates along with the animosity it also creates towards the recipients whove juts become a special class of people.

Well, you can't just go on promising free things to one group without promising the same free things to other "slighted" groups. Aaaaahhhh the joys of identity politics being more important than you know... actual politics.

It is the government's job to serve the people, not support the people!
06-24-2019 09:20 AM
Find all posts by this user Quote this message in a reply
BobL Offline
Heisman
*

Posts: 7,578
Joined: Sep 2004
Reputation: 41
I Root For: NIU
Location:
Post: #272
RE: Trump approves strikes on Iran after drone shot down but pulls back
(06-24-2019 09:19 AM)GeorgeBorkFan Wrote:  
(06-24-2019 08:29 AM)BobL Wrote:  
(06-24-2019 07:30 AM)TigerBlue4Ever Wrote:  Yet everything we did as parents was to assure that asshats such as yourself had it better than we did. We didn't break SS, the politicians did. Prior to the Civil Rights Act SSI was sacred and inviolable, and then the political class decided they could get away with making it a congressional slush fund. Speaking of debts and deficits, I read somewhere recently that prior to Johnson's Great Society our debt was insignificant, since then we've spent 23 trillion on social welfare programs. Guess how much the national debt is.

You fukn morons WON'T do any better and likely will do FAR FAR worse as you are ill prepared to tie your own shoes much less run a country. But if it makes you feel better I'll hand you your participation trophy before the game even begins.

GTFO with your nonsense. It's truer than true, youth IS wasted on the young.

This is simply not true!
SS revenues credited to the trust funds (within the U.S. Treasury) are invested in non-marketable U.S. government obligations. These obligations are physical documents issued to the trust funds and held by SSA. When the obligations are redeemed, the U.S. Treasury must issue a check to the Social Security trust funds for the interest earned on the obligations.


https://fas.org/sgp/crs/misc/RL33028.pdf

It absolutely is true. Where does the money come from to pay off those bonds?

The myth is that SS surplus is raided by congress to pay for general fund programs, this is false. SS surplus is used to purchase US securities that provide a ROR, the money is invested, not spent, never to be seen again, which is what TigerBlue4ever was suggesting with the term slush fund.

That is all.
06-24-2019 09:32 AM
Find all posts by this user Quote this message in a reply
TigerBlue4Ever Online
Unapologetic A-hole
*

Posts: 72,806
Joined: Feb 2008
Reputation: 5844
I Root For: yo mama
Location: is everything
Post: #273
RE: Trump approves strikes on Iran after drone shot down but pulls back
(06-24-2019 08:29 AM)BobL Wrote:  
(06-24-2019 07:30 AM)TigerBlue4Ever Wrote:  
(06-23-2019 08:28 AM)swagsurfer11 Wrote:  
(06-22-2019 02:17 PM)TigerBlue4Ever Wrote:  
(06-22-2019 02:00 PM)swagsurfer11 Wrote:  You boomers will never get it. Carry on with your destruction.

LOL, what a cop out. Nice way to remove your own self from any blame at all I guess.

Here, maybe you'll surprise me with a well thought out response to this question: What is it exactly that you think baby boomers are responsible for destroying. Please don't list your opinion on it but provide facts and stats to bear out your assertions. Keep in mind that yours isn't the first generation, not by a long shot, who tried to blame their predecessors for present day issues, which completely ignores any history beyond the generation immediately before your own. It's short sighted and reactionary.

You guys are the ultimate "me me me" generation. You basically broke everything that your parents handed down to you. Social Security, broken. Roads, broken. Airports, broken. Schools, broken. Politics, broken. Since you decided not to invest in the future, were you at least able to save our country a little money? Nope. Debts and deficits are out of control.
You got put on 2nd and 3rd base with no outs and managed to get into a triple play without scoring. Thanks.

Yet everything we did as parents was to assure that asshats such as yourself had it better than we did. We didn't break SS, the politicians did. Prior to the Civil Rights Act SSI was sacred and inviolable, and then the political class decided they could get away with making it a congressional slush fund. Speaking of debts and deficits, I read somewhere recently that prior to Johnson's Great Society our debt was insignificant, since then we've spent 23 trillion on social welfare programs. Guess how much the national debt is.

You fukn morons WON'T do any better and likely will do FAR FAR worse as you are ill prepared to tie your own shoes much less run a country. But if it makes you feel better I'll hand you your participation trophy before the game even begins.

GTFO with your nonsense. It's truer than true, youth IS wasted on the young.

This is simply not true!
SS revenues credited to the trust funds (within the U.S. Treasury) are invested in non-marketable U.S. government obligations. These obligations are physical documents issued to the trust funds and held by SSA. When the obligations are redeemed, the U.S. Treasury must issue a check to the Social Security trust funds for the interest earned on the obligations.


https://fas.org/sgp/crs/misc/RL33028.pdf

Bless your liberal pea brained heart.
06-24-2019 09:43 AM
Find all posts by this user Quote this message in a reply
TigerBlue4Ever Online
Unapologetic A-hole
*

Posts: 72,806
Joined: Feb 2008
Reputation: 5844
I Root For: yo mama
Location: is everything
Post: #274
RE: Trump approves strikes on Iran after drone shot down but pulls back
(06-24-2019 09:32 AM)BobL Wrote:  
(06-24-2019 09:19 AM)GeorgeBorkFan Wrote:  
(06-24-2019 08:29 AM)BobL Wrote:  
(06-24-2019 07:30 AM)TigerBlue4Ever Wrote:  Yet everything we did as parents was to assure that asshats such as yourself had it better than we did. We didn't break SS, the politicians did. Prior to the Civil Rights Act SSI was sacred and inviolable, and then the political class decided they could get away with making it a congressional slush fund. Speaking of debts and deficits, I read somewhere recently that prior to Johnson's Great Society our debt was insignificant, since then we've spent 23 trillion on social welfare programs. Guess how much the national debt is.

You fukn morons WON'T do any better and likely will do FAR FAR worse as you are ill prepared to tie your own shoes much less run a country. But if it makes you feel better I'll hand you your participation trophy before the game even begins.

GTFO with your nonsense. It's truer than true, youth IS wasted on the young.

This is simply not true!
SS revenues credited to the trust funds (within the U.S. Treasury) are invested in non-marketable U.S. government obligations. These obligations are physical documents issued to the trust funds and held by SSA. When the obligations are redeemed, the U.S. Treasury must issue a check to the Social Security trust funds for the interest earned on the obligations.


https://fas.org/sgp/crs/misc/RL33028.pdf

It absolutely is true. Where does the money come from to pay off those bonds?

The myth is that SS surplus is raided by congress to pay for general fund programs, this is false. SS surplus is used to purchase US securities that provide a ROR, the money is invested, not spent, never to be seen again, which is what TigerBlue4ever was suggesting with the term slush fund.

That is all.

Again, bless your heart, you actually believe what they tell you. Libs gonna lib...
06-24-2019 09:45 AM
Find all posts by this user Quote this message in a reply
JRsec Offline
Super Moderator
*

Posts: 38,284
Joined: Mar 2012
Reputation: 7978
I Root For: SEC
Location:
Post: #275
RE: Trump approves strikes on Iran after drone shot down but pulls back
(06-24-2019 09:19 AM)GeorgeBorkFan Wrote:  
(06-24-2019 08:29 AM)BobL Wrote:  
(06-24-2019 07:30 AM)TigerBlue4Ever Wrote:  Yet everything we did as parents was to assure that asshats such as yourself had it better than we did. We didn't break SS, the politicians did. Prior to the Civil Rights Act SSI was sacred and inviolable, and then the political class decided they could get away with making it a congressional slush fund. Speaking of debts and deficits, I read somewhere recently that prior to Johnson's Great Society our debt was insignificant, since then we've spent 23 trillion on social welfare programs. Guess how much the national debt is.

You fukn morons WON'T do any better and likely will do FAR FAR worse as you are ill prepared to tie your own shoes much less run a country. But if it makes you feel better I'll hand you your participation trophy before the game even begins.

GTFO with your nonsense. It's truer than true, youth IS wasted on the young.

This is simply not true!
SS revenues credited to the trust funds (within the U.S. Treasury) are invested in non-marketable U.S. government obligations. These obligations are physical documents issued to the trust funds and held by SSA. When the obligations are redeemed, the U.S. Treasury must issue a check to the Social Security trust funds for the interest earned on the obligations.


https://fas.org/sgp/crs/misc/RL33028.pdf

It absolutely is true. Where does the money come from to pay off those bonds?

Just stop right there! Otherwise you may actually force the Tooth Fairy and Santa Clause generation to realize there is no free lunch and that when Johnson raided SSI for the Great Society he was actually taking a real pile of money replaced only by a promise and that when the Treasury makes it good it actually increases the debt.

Such reality could lead to severe psychological damage for those with magical thinking!
(This post was last modified: 06-24-2019 09:49 AM by JRsec.)
06-24-2019 09:47 AM
Find all posts by this user Quote this message in a reply
BobL Offline
Heisman
*

Posts: 7,578
Joined: Sep 2004
Reputation: 41
I Root For: NIU
Location:
Post: #276
RE: Trump approves strikes on Iran after drone shot down but pulls back
(06-24-2019 09:45 AM)TigerBlue4Ever Wrote:  
(06-24-2019 09:32 AM)BobL Wrote:  
(06-24-2019 09:19 AM)GeorgeBorkFan Wrote:  
(06-24-2019 08:29 AM)BobL Wrote:  
(06-24-2019 07:30 AM)TigerBlue4Ever Wrote:  Yet everything we did as parents was to assure that asshats such as yourself had it better than we did. We didn't break SS, the politicians did. Prior to the Civil Rights Act SSI was sacred and inviolable, and then the political class decided they could get away with making it a congressional slush fund. Speaking of debts and deficits, I read somewhere recently that prior to Johnson's Great Society our debt was insignificant, since then we've spent 23 trillion on social welfare programs. Guess how much the national debt is.

You fukn morons WON'T do any better and likely will do FAR FAR worse as you are ill prepared to tie your own shoes much less run a country. But if it makes you feel better I'll hand you your participation trophy before the game even begins.

GTFO with your nonsense. It's truer than true, youth IS wasted on the young.

This is simply not true!
SS revenues credited to the trust funds (within the U.S. Treasury) are invested in non-marketable U.S. government obligations. These obligations are physical documents issued to the trust funds and held by SSA. When the obligations are redeemed, the U.S. Treasury must issue a check to the Social Security trust funds for the interest earned on the obligations.


https://fas.org/sgp/crs/misc/RL33028.pdf

It absolutely is true. Where does the money come from to pay off those bonds?

The myth is that SS surplus is raided by congress to pay for general fund programs, this is false. SS surplus is used to purchase US securities that provide a ROR, the money is invested, not spent, never to be seen again, which is what TigerBlue4ever was suggesting with the term slush fund.

That is all.

Again, bless your heart, you actually believe what they tell you. Libs gonna lib...

03-lmfao03-lmfao all hail the DJT
06-24-2019 10:13 AM
Find all posts by this user Quote this message in a reply
Owl 69/70/75 Online
Just an old rugby coach
*

Posts: 80,807
Joined: Sep 2005
Reputation: 3211
I Root For: RiceBathChelsea
Location: Montgomery, TX

DonatorsNew Orleans Bowl
Post: #277
RE: Trump approves strikes on Iran after drone shot down but pulls back
(06-24-2019 08:29 AM)BobL Wrote:  This is simply not true!
SS revenues credited to the trust funds (within the U.S. Treasury) are invested in non-marketable U.S. government obligations. These obligations are physical documents issued to the trust funds and held by SSA. When the obligations are redeemed, the U.S. Treasury must issue a check to the Social Security trust funds for the interest earned on the obligations.

https://fas.org/sgp/crs/misc/RL33028.pdf

Here is the problem with that. When we talk about the debt, we get told, oh, no problem, a lot of that is just money that we owe ourselves, no worries. Umm, this is the money we "owe ourselves." Either we repay it or we don't. If we do, then that debt is real and something to worry about. If we don't, then guess what, social security collapses.

Here is my idea. The government owns a bunch of activities that do--or could--make money. Transfer those assets to the SS Trust Fund in payment of the debt owed. Then privatize then, let the Trust Fund own the stock, and let them make money to pay dividends into the Trust Fund. This would include things like the interstate highway system (make it a national toll road system, like Europe), the postal service (like New Zealand), the air traffic control system (like Canada), airports and TSA (like Europe), TVA (like Europe), the western power and water authorities (like Europe), and others. The set up a privatized portion of SS, like Sweden. It could buy the stock in those organizations from the Trust Fund, which would give it a very secure income base, fund infrastructure improvements, and invest in very safe equity funds. Say the first $100,000 that each person accumulates goes to the privatized government enterprises, the next $100,000 goes to the equity funds, and above $200,000 could be directed to higher risk/higher reward investments.
06-24-2019 10:28 AM
Find all posts by this user Quote this message in a reply
GeorgeBorkFan Offline
All American
*

Posts: 3,089
Joined: Nov 2005
Reputation: 91
I Root For:
Location:
Post: #278
RE: Trump approves strikes on Iran after drone shot down but pulls back
(06-24-2019 09:32 AM)BobL Wrote:  The myth is that SS surplus is raided by congress to pay for general fund programs, this is false. SS surplus is used to purchase US securities that provide a ROR, the money is invested, not spent, never to be seen again, which is what TigerBlue4ever was suggesting with the term slush fund.

That is all.

It is not a myth. Where did the funds go that were used to purchase the bonds? That money goes right into the general fund and has been spent. To repay the bonds requires money to be removed from the general fund.

The money was not "invested."
06-24-2019 10:38 AM
Find all posts by this user Quote this message in a reply
CrimsonPhantom Offline
CUSA Curator
*

Posts: 41,954
Joined: Mar 2013
Reputation: 2401
I Root For: NM State
Location:
Post: #279
RE: Trump approves strikes on Iran after drone shot down but pulls back
Per Rush: After the drone was shot down, Trump had a meeting with top officials from both parties about what the response would be. Originally there was no one in the vicinity where the bombings were going to take place. Democrats got on the phone with their contacts in Iran and told them the plan. Iran moved 150 people to where the bombings were going to occur. Democrats did this when Reagan was prez.

Now Trump can use it to his advantage and continue to **** Iran and the dems.
(This post was last modified: 06-24-2019 12:07 PM by CrimsonPhantom.)
06-24-2019 12:06 PM
Visit this user's website Find all posts by this user Quote this message in a reply
BobL Offline
Heisman
*

Posts: 7,578
Joined: Sep 2004
Reputation: 41
I Root For: NIU
Location:
Post: #280
RE: Trump approves strikes on Iran after drone shot down but pulls back
(06-24-2019 10:38 AM)GeorgeBorkFan Wrote:  
(06-24-2019 09:32 AM)BobL Wrote:  The myth is that SS surplus is raided by congress to pay for general fund programs, this is false. SS surplus is used to purchase US securities that provide a ROR, the money is invested, not spent, never to be seen again, which is what TigerBlue4ever was suggesting with the term slush fund.

That is all.

It is not a myth. Where did the funds go that were used to purchase the bonds? That money goes right into the general fund and has been spent. To repay the bonds requires money to be removed from the general fund.

The money was not "invested."

If one commits capital and receives interest on that capital it is an investment, the SS fund treasury security purchases make 3.2%, so yes an investment.
06-24-2019 02:55 PM
Find all posts by this user Quote this message in a reply
Post Reply 




User(s) browsing this thread: 1 Guest(s)


Copyright © 2002-2024 Collegiate Sports Nation Bulletin Board System (CSNbbs), All Rights Reserved.
CSNbbs is an independent fan site and is in no way affiliated to the NCAA or any of the schools and conferences it represents.
This site monetizes links. FTC Disclosure.
We allow third-party companies to serve ads and/or collect certain anonymous information when you visit our web site. These companies may use non-personally identifiable information (e.g., click stream information, browser type, time and date, subject of advertisements clicked or scrolled over) during your visits to this and other Web sites in order to provide advertisements about goods and services likely to be of greater interest to you. These companies typically use a cookie or third party web beacon to collect this information. To learn more about this behavioral advertising practice or to opt-out of this type of advertising, you can visit http://www.networkadvertising.org.
Powered By MyBB, © 2002-2024 MyBB Group.