What do liberals want the US to be?

[bripat9643]

A liberal who wasn't an idiot (OK, that's an oxymoron), would also want to abolish the Fed.

So what is it that you are? A idiot right winger that thinks, wishes, believes that the Federal Reserve banks will somehow or sometime be abolished? You are kidding right?

Do you know how long it took the plutocrats to establish the Federal Banking system? And you think they will let it go without a serious fight? How will they whipsaw the economy (boom bust cycles) without maintaining control over our banking system? You do realize that all major countries have a central bank. Cause if you control the money, you control most everything.

Federal Reserve isn't going anywhere. That is one of the most crazy things I have seen you write.

There are issues with the fed, but the US had a HORRIBLE period with boom and busts pre fed.

The boom/bust cycle was entirely the creation of the federal government and it's constant attempts to meddle in the economy.

 

[bripat9643]

Says the K/K/Klown not understanding payroll taxes are REQUIRED by law to buy US Gov't bonds!

You just proved you have no clue what bonds are and what they are used for.

ANOTHER K/K/Klown shocking

The fund is required by law to be invested in non-marketable securities ... federal government securities bought with surplus OASI payroll tax revenue

Social Security Trust Fund - Wikipedia the free encyclopedia

What do we call them? lol

How does that prove you understand what bonds are for?

Yes, the US was such fun pre fed reserve
List of recessions in the United States - Wikipedia the free encyclopedia

We became the wealthiest nation in the world pre fed reserve.

LOL

NOT thanks to libertarian policy or laizze affaire economics, lol

Yes, thanks to exactly that. It wasn't thanks to the Federal Reserve or the SEC, was it?

People are too stupid to make our own choices, bripat. Don't you know that? That's why the intelligent among us want politicians to do it for us. Haven't you noticed how much politicians just care about us, damn it, and what great choices they make? People can't make choices, government has to do it. There is one snag to that. Hmmm...government is made up of...

Frank Bourgin's 1989 study of the Constitutional Convention shows that direct government involvement in the economy was intended by the Founders.


The goal, most forcefully articulated by Hamilton, was to ensure that dearly won political independence was not lost by being economically and financially dependent on the powers and princes of Europe. The creation of a strong central government able to promote science, invention, industry and commerce, was seen as an essential means of promoting the general welfare and making the economy of the United States strong enough for them to determine their own destiny.

A number of programs by the federal government undertaken in the period prior to the Civil War gave shape and substance to the American School.

American School economics - Wikipedia the free encyclopedia

That was the goal of Hamilton and his ilk, but not the goal of most of the Founding Fathers. Today, Hamilton would be called a crony capitalist. All the economic evils this country has suffered over the years are directly the fault of following the policies he advocated.

 

[kaz]

A liberal who wasn't an idiot (OK, that's an oxymoron), would also want to abolish the Fed.

So what is it that you are? A idiot right winger that thinks

Stopped reading here

 

[Dad2three]

A liberal who wasn't an idiot (OK, that's an oxymoron), would also want to abolish the Fed.

So what is it that you are? A idiot right winger that thinks, wishes, believes that the Federal Reserve banks will somehow or sometime be abolished? You are kidding right?

Do you know how long it took the plutocrats to establish the Federal Banking system? And you think they will let it go without a serious fight? How will they whipsaw the economy (boom bust cycles) without maintaining control over our banking system? You do realize that all major countries have a central bank. Cause if you control the money, you control most everything.

Federal Reserve isn't going anywhere. That is one of the most crazy things I have seen you write.

There are issues with the fed, but the US had a HORRIBLE period with boom and busts pre fed.

The boom/bust cycle was entirely the creation of the federal government and it's constant attempts to meddle in the economy.

LOL , Yes, booms and busts were ONLY the creation of Gov't policy, not like there is ANY history of it being 'free markets' trying to manipulate, think Hunt brothers and silver? lol

I MEAN IT NEVER HAPPENED IN NATIONS WITHOUT A FED RESERVE RIGHT? LOL



List of recessions in the United States - Wikipedia the free encyclopedia

 

[Dad2three]

You just proved you have no clue what bonds are and what they are used for.

ANOTHER K/K/Klown shocking

The fund is required by law to be invested in non-marketable securities ... federal government securities bought with surplus OASI payroll tax revenue

Social Security Trust Fund - Wikipedia the free encyclopedia

What do we call them? lol

How does that prove you understand what bonds are for?

We became the wealthiest nation in the world pre fed reserve.

LOL

NOT thanks to libertarian policy or laizze affaire economics, lol

Yes, thanks to exactly that. It wasn't thanks to the Federal Reserve or the SEC, was it?

People are too stupid to make our own choices, bripat. Don't you know that? That's why the intelligent among us want politicians to do it for us. Haven't you noticed how much politicians just care about us, damn it, and what great choices they make? People can't make choices, government has to do it. There is one snag to that. Hmmm...government is made up of...

Frank Bourgin's 1989 study of the Constitutional Convention shows that direct government involvement in the economy was intended by the Founders.


The goal, most forcefully articulated by Hamilton, was to ensure that dearly won political independence was not lost by being economically and financially dependent on the powers and princes of Europe. The creation of a strong central government able to promote science, invention, industry and commerce, was seen as an essential means of promoting the general welfare and making the economy of the United States strong enough for them to determine their own destiny.

A number of programs by the federal government undertaken in the period prior to the Civil War gave shape and substance to the American School.

American School economics - Wikipedia the free encyclopedia

That was the goal of Hamilton and his ilk, but not the goal of most of the Founding Fathers. Today, Hamilton would be called a crony capitalist. All the economic evils this country has suffered over the years are directly the fault of following the policies he advocated.

And YOU can't point to a single example EVER of your libertarian fantasy EVER being used in ANY state/nation. Hint they used the American system AFTER 'free market' Articles of Confederation (IE: -Laizze Affair) proved so horrible!!!

 

[bripat9643]

A liberal who wasn't an idiot (OK, that's an oxymoron), would also want to abolish the Fed.

So what is it that you are? A idiot right winger that thinks, wishes, believes that the Federal Reserve banks will somehow or sometime be abolished? You are kidding right?

Do you know how long it took the plutocrats to establish the Federal Banking system? And you think they will let it go without a serious fight? How will they whipsaw the economy (boom bust cycles) without maintaining control over our banking system? You do realize that all major countries have a central bank. Cause if you control the money, you control most everything.

Federal Reserve isn't going anywhere. That is one of the most crazy things I have seen you write.

There are issues with the fed, but the US had a HORRIBLE period with boom and busts pre fed.

The boom/bust cycle was entirely the creation of the federal government and it's constant attempts to meddle in the economy.

LOL , Yes, booms and busts were ONLY the creation of Gov't policy, not like there is ANY history of it being 'free markets' trying to manipulate, think Hunt brothers and silver? lol

I MEAN IT NEVER HAPPENED IN NATIONS WITHOUT A FED RESERVE RIGHT? LOL



List of recessions in the United States - Wikipedia the free encyclopedia

Nope, there is no such history. The hunt brothers went bankrupt trying to corner the silver market. The end result of the billions they spent? Nada, zip, zero.

Government caused all the pre fed recessions and all the post fed recessions, just like this last recession.

 

[Ame®icano]

It's been explained to you earlier that you can't count the same money twice.

So, intra government debt was created... why? Please explain why not to pay existing debt? Or if there is excess of money, why to take money from SS?

Government invested???

Gawd you right wingers are fukkking dense assholes. ANY EXCESS PAYROLL TAXES ARE REQUIRED, NOT TO PAY OFF PUBLIC DEBT, BUT TO BUY UP US GOV'T BONDS. This is called savings bonds. Yes it creates debt that was created, but it's owed to itself. When you change that law, let me know!!!

Yes, AFTER EXCESS payroll monies came in, SOME of it was used to pay down public debt, AFTER it bought US savings bonds

It's called Gov't accounting, NOT a personal accounting system!!!

BUT BACK TO THE DUMMY'S POSIT, CLAIMING CLINTON NEVER HAD A SURPLUS IS STUPID. HE HAD 4. More money coming into Gov't than leaving


Understanding the Social Security Trust Funds mdash Center on Budget and Policy Priorities

It seems you got no clue what bonds are and what are they used for.

Says the K/K/Klown not understanding payroll taxes are REQUIRED by law to buy US Gov't bonds!

You just proved you have no clue what bonds are and what they are used for.

ANOTHER K/K/Klown shocking

The fund is required by law to be invested in non-marketable securities ... federal government securities bought with surplus OASI payroll tax revenue

Social Security Trust Fund - Wikipedia the free encyclopedia

What do we call them? lol

OK, lets step back a little. Can you cite or link the law that require government to buy bonds.

 

[bripat9643]

ANOTHER K/K/Klown shocking

The fund is required by law to be invested in non-marketable securities ... federal government securities bought with surplus OASI payroll tax revenue

Social Security Trust Fund - Wikipedia the free encyclopedia

What do we call them? lol

How does that prove you understand what bonds are for?

LOL

NOT thanks to libertarian policy or laizze affaire economics, lol

Yes, thanks to exactly that. It wasn't thanks to the Federal Reserve or the SEC, was it?

People are too stupid to make our own choices, bripat. Don't you know that? That's why the intelligent among us want politicians to do it for us. Haven't you noticed how much politicians just care about us, damn it, and what great choices they make? People can't make choices, government has to do it. There is one snag to that. Hmmm...government is made up of...

Frank Bourgin's 1989 study of the Constitutional Convention shows that direct government involvement in the economy was intended by the Founders.


The goal, most forcefully articulated by Hamilton, was to ensure that dearly won political independence was not lost by being economically and financially dependent on the powers and princes of Europe. The creation of a strong central government able to promote science, invention, industry and commerce, was seen as an essential means of promoting the general welfare and making the economy of the United States strong enough for them to determine their own destiny.

A number of programs by the federal government undertaken in the period prior to the Civil War gave shape and substance to the American School.

American School economics - Wikipedia the free encyclopedia

That was the goal of Hamilton and his ilk, but not the goal of most of the Founding Fathers. Today, Hamilton would be called a crony capitalist. All the economic evils this country has suffered over the years are directly the fault of following the policies he advocated.

And YOU can't point to a single example EVER of your libertarian fantasy EVER being used in ANY state/nation. Hint they used the American system AFTER 'free market' Articles of Confederation (IE: -Laizze Affair) proved so horrible!!!

The USA prior to the federal reserve was pretty close to it. The empirical evidence shows that the more economic freedom a country has, the faster its economy grows. The more it follows your policy prescriptions, the slower it grows.

 

[Ame®icano]

Gawd you right wingers are fukkking dense assholes. ANY EXCESS PAYROLL TAXES ARE REQUIRED, NOT TO PAY OFF PUBLIC DEBT, BUT TO BUY UP US GOV'T BONDS. This is called savings bonds. Yes it creates debt that was created, but it's owed to itself. When you change that law, let me know!!!

Yes, AFTER EXCESS payroll monies came in, SOME of it was used to pay down public debt, AFTER it bought US savings bonds

It's called Gov't accounting, NOT a personal accounting system!!!

BUT BACK TO THE DUMMY'S POSIT, CLAIMING CLINTON NEVER HAD A SURPLUS IS STUPID. HE HAD 4. More money coming into Gov't than leaving


Understanding the Social Security Trust Funds mdash Center on Budget and Policy Priorities

It seems you got no clue what bonds are and what are they used for.

Says the K/K/Klown not understanding payroll taxes are REQUIRED by law to buy US Gov't bonds!

You just proved you have no clue what bonds are and what they are used for.

ANOTHER K/K/Klown shocking

The fund is required by law to be invested in non-marketable securities ... federal government securities bought with surplus OASI payroll tax revenue

Social Security Trust Fund - Wikipedia the free encyclopedia

What do we call them? lol

How does that prove you understand what bonds are for?

Thats what I am trying to figure out. It's seems that he keeps repeating things over and over without understanding them. Also showing typical liberal signs of frustrations, like name calling, YELLING, etc. It's matter of time that he use race card... oh wait.

 

[Dad2three]

A liberal who wasn't an idiot (OK, that's an oxymoron), would also want to abolish the Fed.

So what is it that you are? A idiot right winger that thinks, wishes, believes that the Federal Reserve banks will somehow or sometime be abolished? You are kidding right?

Do you know how long it took the plutocrats to establish the Federal Banking system? And you think they will let it go without a serious fight? How will they whipsaw the economy (boom bust cycles) without maintaining control over our banking system? You do realize that all major countries have a central bank. Cause if you control the money, you control most everything.

Federal Reserve isn't going anywhere. That is one of the most crazy things I have seen you write.

There are issues with the fed, but the US had a HORRIBLE period with boom and busts pre fed.

The boom/bust cycle was entirely the creation of the federal government and it's constant attempts to meddle in the economy.

LOL , Yes, booms and busts were ONLY the creation of Gov't policy, not like there is ANY history of it being 'free markets' trying to manipulate, think Hunt brothers and silver? lol

I MEAN IT NEVER HAPPENED IN NATIONS WITHOUT A FED RESERVE RIGHT? LOL



List of recessions in the United States - Wikipedia the free encyclopedia

Nope, there is no such history. The hunt brothers went bankrupt trying to corner the silver market. The end result of the billions they spent? Nada, zip, zero.

Government caused all the pre fed recessions and all the post fed recessions, just like this last recession.

OK, As usual, ignore the link showing what a putz you are. And yes, Dubya and the Banksters in charge of the 'free markets' believed in 'markets will self regulate'


Dubya/GOP's great recession


Regulators and policymakers enabled this process at virtually every turn. Part of the reason they failed to understand the housing bubble was willful ignorance: they bought into the argument that the market would equilibrate itself. In particular, financial actors and regulatory officials both believed that secondary and tertiary markets could effectively control risk through pricing.



http://www.tobinproject.org/sites/tobinproject.org/files/assets/Fligstein_Catalyst of Disaster_0.pdf

 

[Dad2three]

Gawd you right wingers are fukkking dense assholes. ANY EXCESS PAYROLL TAXES ARE REQUIRED, NOT TO PAY OFF PUBLIC DEBT, BUT TO BUY UP US GOV'T BONDS. This is called savings bonds. Yes it creates debt that was created, but it's owed to itself. When you change that law, let me know!!!

Yes, AFTER EXCESS payroll monies came in, SOME of it was used to pay down public debt, AFTER it bought US savings bonds

It's called Gov't accounting, NOT a personal accounting system!!!

BUT BACK TO THE DUMMY'S POSIT, CLAIMING CLINTON NEVER HAD A SURPLUS IS STUPID. HE HAD 4. More money coming into Gov't than leaving


Understanding the Social Security Trust Funds mdash Center on Budget and Policy Priorities

It seems you got no clue what bonds are and what are they used for.

Says the K/K/Klown not understanding payroll taxes are REQUIRED by law to buy US Gov't bonds!

You just proved you have no clue what bonds are and what they are used for.

ANOTHER K/K/Klown shocking

The fund is required by law to be invested in non-marketable securities ... federal government securities bought with surplus OASI payroll tax revenue

Social Security Trust Fund - Wikipedia the free encyclopedia

What do we call them? lol

OK, lets step back a little. Can you cite or link the law that require government to buy bonds.

The fund is required by law to be invested in non-marketable securities ...

Social Security Trust Fund - Wikipedia the free encyclopedia

 

[Dad2three]

How does that prove you understand what bonds are for?

Yes, thanks to exactly that. It wasn't thanks to the Federal Reserve or the SEC, was it?

People are too stupid to make our own choices, bripat. Don't you know that? That's why the intelligent among us want politicians to do it for us. Haven't you noticed how much politicians just care about us, damn it, and what great choices they make? People can't make choices, government has to do it. There is one snag to that. Hmmm...government is made up of...

Frank Bourgin's 1989 study of the Constitutional Convention shows that direct government involvement in the economy was intended by the Founders.


The goal, most forcefully articulated by Hamilton, was to ensure that dearly won political independence was not lost by being economically and financially dependent on the powers and princes of Europe. The creation of a strong central government able to promote science, invention, industry and commerce, was seen as an essential means of promoting the general welfare and making the economy of the United States strong enough for them to determine their own destiny.

A number of programs by the federal government undertaken in the period prior to the Civil War gave shape and substance to the American School.

American School economics - Wikipedia the free encyclopedia

That was the goal of Hamilton and his ilk, but not the goal of most of the Founding Fathers. Today, Hamilton would be called a crony capitalist. All the economic evils this country has suffered over the years are directly the fault of following the policies he advocated.

And YOU can't point to a single example EVER of your libertarian fantasy EVER being used in ANY state/nation. Hint they used the American system AFTER 'free market' Articles of Confederation (IE: -Laizze Affair) proved so horrible!!!

The USA prior to the federal reserve was pretty close to it. The empirical evidence shows that the more economic freedom a country has, the faster its economy grows. The more it follows your policy prescriptions, the slower it grows.

Weird, you said the American system wasn't what 'libertarians' wanted, you know the system the US used from 1791 to the 1970's, when conservatives 'free trade' came on board. Everything else you posit, 'freedom', is just right wing (yes, you loons are right wingers), bullshit!

Yes, China and India are growing fast, lol. PLEASE go there!

 

[Dad2three]

It seems you got no clue what bonds are and what are they used for.

Says the K/K/Klown not understanding payroll taxes are REQUIRED by law to buy US Gov't bonds!

You just proved you have no clue what bonds are and what they are used for.

ANOTHER K/K/Klown shocking

The fund is required by law to be invested in non-marketable securities ... federal government securities bought with surplus OASI payroll tax revenue

Social Security Trust Fund - Wikipedia the free encyclopedia

What do we call them? lol

How does that prove you understand what bonds are for?

Thats what I am trying to figure out. It's seems that he keeps repeating things over and over without understanding them. Also showing typical liberal signs of frustrations, like name calling, YELLING, etc. It's matter of time that he use race card... oh wait.

Says the K/K/KLown who doesn't accept Clinton paid down public debt by having 4 surplus budgets!

 

[EdwardBaiamonte]

ROFLMNAO!

So a trillion dollars in public debt was paid down, despite the government never having realized budget surpluses anywhere NEAR a trillion dollars?

Now since government has no other means of paying down debt, beyond the spending of less money than for which they have budgeted, given that to tax beyond that which is required to run the government is the definition of tyranny, I wonder how it could be that the US Federal Government came up with a trillion extra dollars, which it did not borrow, thus which would axiomatically increase the debt, by an equal amount?

Gawd you right wingers are pathetic. What happens to excess tax revenues in payroll taxes? Oh right they buy bonds that then create debt. Yes, paying off PUBLIC debt while excess INTRA Govt debt (excess tax revenues buying US bonds as required by law) grows, is possible dummy


Bill Clinton touts fiscal record as president during campaign stop in New Jersey PolitiFact New Jersey

Then you'll be able to explain how much government debt was paid off with Clinton surplus. Oh wait...

Sure, PUBLIC DEBT WAS PAID OFF, and excess payroll taxes, as required by law, were put unto bonds that created more INTRA Gov't obligations (DEBT)


What should they have done with excess payroll taxes?

Clinton paid down public debt by over $400+ billion, BTW

Clinton actually claims that his administration paid off $600 billion of public debt. Your number of $400 billion is closer to actual $452 billion. But those numbers are public debt, and we both know that public debt is part of national debt. Taking money from SS funds to pay off other funds doesn't count as paying off the debt. The result is national debt increase for every year he was in office.

I could use my credit card to pay my car payment, or to pay off the whole loan, then I can claim that my car is paid in full. In reality, I just owe more on my credit card. That's pretty much what Clinton did.

So you'll ignore the part where I explain US INTRA Gov't debt was created under Clinton because the US received to much revenues in payroll taxes, and by law that money was required to be INVESTED in US bonds? Stop trying to equate a Gov't with a personal finance situation, it makes you look dumb!

What should've happened with the EXCESS payroll taxes? lol

And yes, thanks for agreeing, Clinton had 4 straight surpluses in the annual budgets, 3 after vetoing the GOP's $700+ billion tax cut!

1) SS steals 15% of everyone's lifetime income and gives back dog food money when it should give you back $1.4 million

2) Clinton never cared to balanced a budget in his life , it was forced on him by first Republican Congress in 40 years under Newt.

3) dumbto 3 lacks the IQ to be here

 

[bripat9643]

So what is it that you are? A idiot right winger that thinks, wishes, believes that the Federal Reserve banks will somehow or sometime be abolished? You are kidding right?

Do you know how long it took the plutocrats to establish the Federal Banking system? And you think they will let it go without a serious fight? How will they whipsaw the economy (boom bust cycles) without maintaining control over our banking system? You do realize that all major countries have a central bank. Cause if you control the money, you control most everything.

Federal Reserve isn't going anywhere. That is one of the most crazy things I have seen you write.

There are issues with the fed, but the US had a HORRIBLE period with boom and busts pre fed.

The boom/bust cycle was entirely the creation of the federal government and it's constant attempts to meddle in the economy.

LOL , Yes, booms and busts were ONLY the creation of Gov't policy, not like there is ANY history of it being 'free markets' trying to manipulate, think Hunt brothers and silver? lol

I MEAN IT NEVER HAPPENED IN NATIONS WITHOUT A FED RESERVE RIGHT? LOL



List of recessions in the United States - Wikipedia the free encyclopedia

Nope, there is no such history. The hunt brothers went bankrupt trying to corner the silver market. The end result of the billions they spent? Nada, zip, zero.

Government caused all the pre fed recessions and all the post fed recessions, just like this last recession.

OK, As usual, ignore the link showing what a putz you are. And yes, Dubya and the Banksters in charge of the 'free markets' believed in 'markets will self regulate'


Dubya/GOP's great recession


Regulators and policymakers enabled this process at virtually every turn. Part of the reason they failed to understand the housing bubble was willful ignorance: they bought into the argument that the market would equilibrate itself. In particular, financial actors and regulatory officials both believed that secondary and tertiary markets could effectively control risk through pricing.



http://www.tobinproject.org/sites/tobinproject.org/files/assets/Fligstein_Catalyst of Disaster_0.pdf

"Neil Fligstein and Adam Goldstein
Department of Sociology
University of California
Berkeley, Ca. 94720"

You expect us to believe a couple of commie sociologists from Berkeley?

Seriously?

 

[bripat9643]

It seems you got no clue what bonds are and what are they used for.

Says the K/K/Klown not understanding payroll taxes are REQUIRED by law to buy US Gov't bonds!

You just proved you have no clue what bonds are and what they are used for.

ANOTHER K/K/Klown shocking

The fund is required by law to be invested in non-marketable securities ... federal government securities bought with surplus OASI payroll tax revenue

Social Security Trust Fund - Wikipedia the free encyclopedia

What do we call them? lol

OK, lets step back a little. Can you cite or link the law that require government to buy bonds.

The fund is required by law to be invested in non-marketable securities ...

Social Security Trust Fund - Wikipedia the free encyclopedia

Hmmmmm . . . so?

How does that make the bonds it "buys" worth anything?

 

[Wyatt earp]

Gawd you right wingers are pathetic. What happens to excess tax revenues in payroll taxes? Oh right they buy bonds that then create debt. Yes, paying off PUBLIC debt while excess INTRA Govt debt (excess tax revenues buying US bonds as required by law) grows, is possible dummy


Bill Clinton touts fiscal record as president during campaign stop in New Jersey PolitiFact New Jersey

Then you'll be able to explain how much government debt was paid off with Clinton surplus. Oh wait...

Sure, PUBLIC DEBT WAS PAID OFF, and excess payroll taxes, as required by law, were put unto bonds that created more INTRA Gov't obligations (DEBT)


What should they have done with excess payroll taxes?

Clinton paid down public debt by over $400+ billion, BTW

Clinton actually claims that his administration paid off $600 billion of public debt. Your number of $400 billion is closer to actual $452 billion. But those numbers are public debt, and we both know that public debt is part of national debt. Taking money from SS funds to pay off other funds doesn't count as paying off the debt. The result is national debt increase for every year he was in office.

I could use my credit card to pay my car payment, or to pay off the whole loan, then I can claim that my car is paid in full. In reality, I just owe more on my credit card. That's pretty much what Clinton did.

So you'll ignore the part where I explain US INTRA Gov't debt was created under Clinton because the US received to much revenues in payroll taxes, and by law that money was required to be INVESTED in US bonds? Stop trying to equate a Gov't with a personal finance situation, it makes you look dumb!

What should've happened with the EXCESS payroll taxes? lol

And yes, thanks for agreeing, Clinton had 4 straight surpluses in the annual budgets, 3 after vetoing the GOP's $700+ billion tax cut!

1) SS steals 15% of everyone's lifetime income and gives back dog food money when it should give you back $1.4 million

2) Clinton never cared to balanced a budget in his life , it was forced on him by first Republican Congress in 40 years under Newt.

3) dumbto 3 lacks the IQ to be here

I still never understood when my Wife died i should have recieved every social security dollar she put into it, instead i got a lousy $500 bucks, what a ponzi scheme, womans lib my ass, lmao

 

[EdwardBaiamonte]

Says the K/K/Klown not understanding payroll taxes are REQUIRED by law to buy US Gov't bonds!

You just proved you have no clue what bonds are and what they are used for.

ANOTHER K/K/Klown shocking

The fund is required by law to be invested in non-marketable securities ... federal government securities bought with surplus OASI payroll tax revenue

Social Security Trust Fund - Wikipedia the free encyclopedia

What do we call them? lol

How does that prove you understand what bonds are for?

Thats what I am trying to figure out. It's seems that he keeps repeating things over and over without understanding them. Also showing typical liberal signs of frustrations, like name calling, YELLING, etc. It's matter of time that he use race card... oh wait.

Says the K/K/KLown who doesn't accept Clinton paid down public debt by having 4 surplus budgets!

Clinton served under Newt who made Clinton lie: "the era of big govt is over." Clinton lied about Monica too! Read the book "No one left to lie too." for full story on this liberal.

 

[Dad2three]

You just proved you have no clue what bonds are and what they are used for.

ANOTHER K/K/Klown shocking

The fund is required by law to be invested in non-marketable securities ... federal government securities bought with surplus OASI payroll tax revenue

Social Security Trust Fund - Wikipedia the free encyclopedia

What do we call them? lol

How does that prove you understand what bonds are for?

Thats what I am trying to figure out. It's seems that he keeps repeating things over and over without understanding them. Also showing typical liberal signs of frustrations, like name calling, YELLING, etc. It's matter of time that he use race card... oh wait.

Says the K/K/KLown who doesn't accept Clinton paid down public debt by having 4 surplus budgets!

Clinton served under Newt who made Clinton lie: "the era of big govt is over." Clinton lied about Monica too! Read the book "No one left to lie too." for full story on this liberal.

Sure, it was Newt and the GOP, THAT'S why Clinton had to veto their $700+ BILLION tax cut after HIS first surplus to give US 3 more AND we saw what happened when Dubya/GOP had full control of Gov't, those pesky surpluses disappeared, QUICKLY!

 

[Dad2three]

Then you'll be able to explain how much government debt was paid off with Clinton surplus. Oh wait...

Sure, PUBLIC DEBT WAS PAID OFF, and excess payroll taxes, as required by law, were put unto bonds that created more INTRA Gov't obligations (DEBT)


What should they have done with excess payroll taxes?

Clinton paid down public debt by over $400+ billion, BTW

Clinton actually claims that his administration paid off $600 billion of public debt. Your number of $400 billion is closer to actual $452 billion. But those numbers are public debt, and we both know that public debt is part of national debt. Taking money from SS funds to pay off other funds doesn't count as paying off the debt. The result is national debt increase for every year he was in office.

I could use my credit card to pay my car payment, or to pay off the whole loan, then I can claim that my car is paid in full. In reality, I just owe more on my credit card. That's pretty much what Clinton did.

So you'll ignore the part where I explain US INTRA Gov't debt was created under Clinton because the US received to much revenues in payroll taxes, and by law that money was required to be INVESTED in US bonds? Stop trying to equate a Gov't with a personal finance situation, it makes you look dumb!

What should've happened with the EXCESS payroll taxes? lol

And yes, thanks for agreeing, Clinton had 4 straight surpluses in the annual budgets, 3 after vetoing the GOP's $700+ billion tax cut!

1) SS steals 15% of everyone's lifetime income and gives back dog food money when it should give you back $1.4 million

2) Clinton never cared to balanced a budget in his life , it was forced on him by first Republican Congress in 40 years under Newt.

3) dumbto 3 lacks the IQ to be here

I still never understood when my Wife died i should have recieved every social security dollar she put into it, instead i got a lousy $500 bucks, what a ponzi scheme, womans lib my ass, lmao

Don't know what an insurance program is huh?