Posted on 04/02/2005 5:12:36 AM PST by HankReardon
What's to argue with? GW is all in favor of letting the illegals continue to flood into our country and avail themselves of our already bloated entitlements. Further, according to the WSJ, non-discretionary spending has risen over 30% under Dubya. So far he's a fiscal failure.
There is no 'trust fund' and hasn't ever been such a thing as far as I know. SS funds are confiscated from our paychecks and go right to the general fund to pay out to the SS receivers.
There is no algore 'lockbox'...never has been. SS $$ go to buy some bonds too, I think...
That is all I know, nuthin' more and I don't care that I don't know more. It's like Wonder Bread, I like it and don't care it's white poison!
The war on Terror, a great investment had to be done, homeland security, tax cuts were right. This all pays in the long run, short term spending.
There is no "Trust Fund".
Uh there has been no SS trust fund since LBJ, but what the hey blame Bush, who is trying to get rid of that ponzi scheme.
What he really means is that Bush's agreement with Fox WOULD raid the Trust Fund, not that Bush HAS raided the Trust Fund. I'm not even sure that part is accurate though. In any event, there is no way that Congress is going to let illegal Mexican aliens collect social security benefits.
Huh I didn't see Bush try to shoot down Prop. 200 in AZ(a Bush appointed judge upheld it when Napolitano(D) tried to shoot it down) or the recent legislation in VA.
BTW, you're a Libertarian they are for no borders.
Please reread, he says trillions HAVE been taken from the Trust Fund mostly during Bush's tenure.
There seems to be a plan to join the North American countries into one. Something like an EU. That seems to be President Bush and President Fox's plan. I would like to see it stopped , but it doesnt appear that the Congress has the guts it takes.
Didn't they stuff it with IOU's during Clinton, or am I thinking of something else?
Debt to the penny.
$7,776,939,047,670.14
You're thinking of Sandy Burgular, that Clinton cronie stuffing his shorts with national intelligence. Talk about an oxymoron.
The Social Security surplus has been put into the federal government's general fund and spent since 1968.
Alarmist, but true. However, can we stop using the term "Third World?" It is a relic of the Cold War. Besides, many "Third World" countries (Korea, Singapore, even Chile) are more prosperous than second world countries like Ukraine, Albania and Bulgaria.
I voted for GWB. I'm a registered Republican. GWB has said that people coming here to find work should be allowed to come here. I take him at his word, even tho I disagree with him on it.
How about his "unpopular war" statement? How unpopular is it to fight terrorists who want to kill Americans and destroy the American economy?
By the way, how does a president shoot down a state ballot initiative? I can't think of a single case where that's happened. He doesn't have any authority to do so.
The Social Security Trust Funds are the Old-Age and Survivors Insurance (OASI) and the Disability Insurance (DI) Trust Funds. These funds are accounts maintained by the Department of the Treasury. They serve two purposes: (1) they provide a mechanism for keeping track of all income to and disbursements from the trust funds, and (2) the assets of the funds provide automatic spending authority. To clarify the second point, no legislation is needed to spend a portion of trust fund assets on benefits or administrative costs (the Social Security Act limits expenditures to benefits and administrative costs).
Benefits to retired workers and their families, and to families of deceased workers, are paid from the OASI Trust Fund. Benefits to disabled workers and their families are paid from the DI Trust Fund.
A Board of Trustees oversees the financial operations of the trust funds. The Board reports annually to the Congress on the financial and actuarial status of the trust funds.
By the Judges he appoints. It was the 9th circuit filled with Carter appointees that shot down Prop. 187.
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