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To: Servant of the Cross

“Um ... no. SS does not become insolvent for years,”

SS is only as solvent as our Government. Yes there is a financial shell game that gives an appearance of solvency, but cut through the BS and you realize that SS is funded through present tax revenue - and borrowing. If one or both of those become unavailable or severely constrained (as is likely), SS is not solvent.


54 posted on 08/28/2011 6:33:52 AM PDT by RFEngineer
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To: RFEngineer

I agree with this. But, do you stand by your statement that Gov. Perry is lying?


56 posted on 08/28/2011 6:36:30 AM PDT by Servant of the Cross (the Truth will set you free)
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To: RFEngineer
Hey forgive and forget my post to you. It seems you are simply arguing the insolvency of SS. My mistake.

However if we have to borrow to keep up our end to seniors, I am fine with that however I am almost 40, I will gladly give up all I have paid to never have to pay again.

61 posted on 08/28/2011 6:51:23 AM PDT by normy (Don't take it personally, just take it seriously.)
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To: RFEngineer
SS is only as solvent as our Government.

Name a government program or function about which that is not true?

65 posted on 08/28/2011 6:55:51 AM PDT by Will88
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To: RFEngineer

Perhaps if we called Social Security “THE FIRST NATIONAL SAVINGS BANK AND TRUST” it could get a trillion dollar bailout from the Fed. and Congress.


83 posted on 08/28/2011 7:29:13 AM PDT by KDD (When the government boot is on your neck, it matters not whether it is the right boot or the left.)
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