tag:blogger.com,1999:blog-4053585.post8000977290675308210..comments2024-03-26T17:44:07.430-04:00Comments on Viking Pundit: Erichttp://www.blogger.com/profile/15911276942829790135noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-4053585.post-39265415946301703512013-05-06T22:32:38.823-04:002013-05-06T22:32:38.823-04:00Yeah, in between the one-sided actuarial study and...Yeah, in between the one-sided actuarial study and the one-sided explanation of Social Security's interest earnings, where are Ida's links to the serious analysis of Breitbart or Weasel Zippers? Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4053585.post-70963634278036793432013-05-06T20:22:10.635-04:002013-05-06T20:22:10.635-04:00Well, I'd say Ida knows her side of the stuff-...Well, I'd say Ida knows her side of the stuff--that is, the side she wants to know. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4053585.post-29158551366304956762013-05-03T23:09:31.872-04:002013-05-03T23:09:31.872-04:00I'll say one thing, Ida: you know your stuff.I'll say one thing, Ida: you know your stuff.<br />Erichttps://www.blogger.com/profile/15911276942829790135noreply@blogger.comtag:blogger.com,1999:blog-4053585.post-89291272204407924382013-05-03T22:51:25.007-04:002013-05-03T22:51:25.007-04:00To get really technical, they haven't started ...To get really technical, they haven't started redeeming bonds out of the general Social Security fund. As of last year, they're taking some of the interest on SS's existing stock of treasury bonds in cash, rather than as additional treasury bonds. They won't have to redeem bonds for a few years yet.<br /><br />These interest cash payments do affect the debt, but only because of Ida May Fullernoreply@blogger.comtag:blogger.com,1999:blog-4053585.post-66342835086990506742013-05-03T21:54:47.544-04:002013-05-03T21:54:47.544-04:00"And Social Security is unrelated to the nati..."And Social Security is unrelated to the national debt."<br /><br />That used to be true. In fact, the SS surplus used to mask the true size of the deficit. But starting last year, the bonds are being redeemed out of general fund. This year it will account for $75 billion and it only goes up from here.<br /><br />I read through the SS spreadsheets and a couple things: two of the Erichttps://www.blogger.com/profile/15911276942829790135noreply@blogger.comtag:blogger.com,1999:blog-4053585.post-15224083700979398362013-05-03T00:56:13.690-04:002013-05-03T00:56:13.690-04:00The difference is that my 401k doesn't affect ...<i>The difference is that my 401k doesn't affect the fire department.</i><br /><br />And Social Security is unrelated to the national debt. That hasn't stopped the noise.<br /><br /><i>"Unbeatable investor profit payoff" - what the hell are you talking about?</i><br /><br />Social Security's investor profit payoff has been beaten, on many occasions, with other higher-risk Ida May Fullernoreply@blogger.comtag:blogger.com,1999:blog-4053585.post-61112731916028924552013-05-02T22:41:38.064-04:002013-05-02T22:41:38.064-04:00Dude/Ida: I'm only a little bit drunk (it'...Dude/Ida: I'm only a little bit drunk (it's Thursday) but what are you getting at? I'm lost.<br /><br />Pay the pension fund, already. Just stop bitching if there's no money for anything else. The difference is that my 401k doesn't affect the fire department.<br /><br />"Unbeatable investor profit payoff" - what the hell are you talking about?<br /><br />Sweet Erichttps://www.blogger.com/profile/15911276942829790135noreply@blogger.comtag:blogger.com,1999:blog-4053585.post-43283326182381135662013-05-02T21:40:29.733-04:002013-05-02T21:40:29.733-04:00Also, just as Social Security was never supposed t...Also, just as Social Security was never supposed to be more than one leg of the stool, neither was it supposed to be an unbeatable investor profit payoff. <br /><br />We were all born into a communal society; oh, the horror.Ida May Fullernoreply@blogger.comtag:blogger.com,1999:blog-4053585.post-67541888413605968412013-05-02T21:39:32.445-04:002013-05-02T21:39:32.445-04:00Where's the legal, ethical or fiscal differenc...Where's the legal, ethical or fiscal difference between:<br /><br />*Siphoning money out of Social Security's fund for three decades, then declaring that the remainder is, shockingly, on course to "run dry";<br /><br />*Failing to pay a mandated employer's/state's share into a pension fund, then noting with alarm that it's "underfunded" and pensioners now Ida May Fullernoreply@blogger.com