If the Social Security fund was invested in the stock market...?

[A HERETIC I AM]

49. "ideologically driven views"?!?

Wait a sec...I have to.....

And then.....

However, this exchange has almost gotten me to the point of but now I am more like

::::deep breath:::: OK.......this should do it for me.....

The info you posted, which I read long ago,

And clearly did not understand a single word of....

makes crystal clear, that SS revenue is in fact borrowed and must be repaid.

Yup. Borrowed by the General Fund and replaced by a security that pays interest. Just like any other entity that borrows money by issuing a FUCKING BOND. But their website ALSO states that they are required by law to purchase government securities with the money they receive from the likes of you and me, ie, they buy US Treasury Bonds, and are NOT issued IOU's

Jesus H. Christ on a turd unicycle juggling shit muffins with asshole frosting.

Also, it does not say the special issue securities cannot be characterized as IOUs.

You know, the other day I baked a Betty Crocker Chocolate cake. I noticed that nowhere on the box did it say I COULDN'T call it a Strawberry Banana Cream Pie. So that's what I did. The others that had some were a wee confused, understandably so, but I insisted it was a Strawberry Banana Cream Pie.

Seriously? Is that the best argument you have? Is THAT where your logic path takes you? "Well, they don't say I can't call it an IOU, so THAT must be what they are."

Unbefuckinglieveable

It says they are not "worthless".

Right. And neither did I. YOU insinuated it though;

here
"The special issue securities, issued in its place, have no marketable value, and will have to be paid back."

You have posted nothing that validates your ideologically driven views.

So...what you are saying here is that because I know the difference between an IOU - an INFORMAL agreement or document with no specification regarding terms or repayment and a Government debenture with an Indenture, I am ideologically driven?

Really?

If I had to conduct a class where the curriculum was to describe how the United States Treasury issues debt securities, it would probably take me a couple hours, tops and MOST people would be able to grasp the material by the time I wrapped.


You on the other hand..........

As I said in my post above, GW Bush started this bullshit of calling the securities held by the Social Security Trust funds "IOU's".

So, when you insist on continuing arguing this same, lame, inaccurate point, you have set up your tent RIGHT NEXT TO this fucking idiot;


Remember? This numbnuts?




Remember?



Jesus H. Douchebag Keerist on a skateboard losing it badly on a ski ramp.