On 02/16/2015 03:29 PM, Baxter wrote:
Doug Winterburn wrote in
eb.com:

On 02/16/2015 11:08 AM, Baxter wrote:
Doug Winterburn wrote in
eb.com:

On 02/16/2015 08:46 AM, Baxter wrote:

Your question makes no sense. The SS tax money was invested in the
most secure bonds on the face of the planet.

You're avoiding the question: What did the federal government do
with the money they received from the SS trust fund in exchange for
the bonds?

It doesn't matter what they did with those dollars any more than it
matters what the bank does with the dollars you deposit from your
paycheck.

The point is that either the feds will need to borrow more to pay the
SS adminstration, thereby converting the intra-governmental debt to
real debt

Debt is debt whether you owe to a family member or to a third party.

So far, the only sensible thing you have said.


or they will have to tax US taxpayers a second time for the
same purpose to get the money or a combination of both.

No, it is not "second time". They should have levied a tax for whatever
it was they spent those borrowed dollars on. OR they could have borrowed
that money from a third party to begin with.

We're talking about SS as it exists under current law, not what should
have or could have been done. Suppose you made a payment to a
contractor to add a room to your house. A few months later he comes
back to you and says he spent the money on a Hawaiian vacation, but all
you have to do is give him some more cash and he'll get right with it.
I'm sure you'd have no objections.

Yes, we know, you're trying to claim those dollars are spent - and
that you don't want to pay them back, you want to reneg on legitimate
debt.

Who's this "We" Kemo Sabe? The part about those dollars being spent
is very true, but your mind reading abilities are sadly lacking.

And you're the one who is objecting to paying back those dollars borrowed
from the SS Trust Fund. You're the one trying to portray those SS Trust
Fund dollars as being spent and not recoverable.


Horse ****! Go back through any of my responses in this thread and
quote what you just said.


--
"Socialism is a philosophy of failure,the creed of ignorance, and the
gospel of envy, its inherent virtue is the equal sharing of misery"
-Winston Churchill