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To: MCF
Self styled economists Eugene Steuerle and Stephanie Rennane are tricking you by failing to recognize that the payments made to the government or Social Security and Medicare are actually FORCED LOANS.

Accordingly, to properly account for the relative value of the stream of income they may receive in the future as well as the medical care benefit, they should FIRST use present value analysis to bring both amounts into the current period.

That requires imputing interest to the amount loaned the government and then substantially discounting the future value of the benefits.

If the government didn't properly deal with the proceeds of the loans that's not the fault of the lender. If it takes the sale of Western range land and National Parks so be it ~ the loan has to be repaid, with interest.

16 posted on 12/31/2010 3:53:07 PM PST by muawiyah
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To: muawiyah
If the government didn't properly deal with the proceeds of the loans that's not the fault of the lender. If it takes the sale of Western range land and National Parks so be it ~ the loan has to be repaid, with interest.

Who is the buyer? China? No thanks. U.S. territory needs to remain in the hands of U.S. citizens. Perhaps an in-kind payment of acreage to U.S. citizens whose money has been stolen by the government. A few acres in Idaho would suit me fine.

44 posted on 12/31/2010 11:56:16 PM PST by Myrddin
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