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Speaker Pelosi's T***h
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Mar 25, 2020 11:28:47   #
JFlorio Loc: Seminole Florida
 
Yankel Drumpf wrote:
If it’s not too late you should learn how to read important documents. The senate did the right thing by agreeing to an overseer for this $500,000,000,000 friends and family fund. It’s taxpayers money -our children will have to pay it back, if for some magical reason the companies who receive it “have problem” paying it back. Now there’s at least some accountability. In business life (not at maga arena rallies) that matters.


That's not what was objected to at all. You are nothing more than a troll, partisan hack, or just plain dumb. Probably all three.

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Mar 25, 2020 16:29:28   #
Tug484
 
JFlorio wrote:
It would come about because of the Laws written controlling the Social Security Trust Fund. Which state the fund cannot go into default. They'll never cut those benefits. They'll come up with some tricky accounting.


Who knows?
You can't trust them since they already stole the funds.
You always hear SS is going broke, but you never hear it about welfare and their retirement.

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Mar 25, 2020 16:34:45   #
JFlorio Loc: Seminole Florida
 
Tug484 wrote:
Who knows?
You can't trust them since they already stole the funds.
You always hear SS is going broke, but you never hear it about welfare and their retirement.


I know it's not any more reassuring but they technically didn't steal the S.S. money. They've borrowed it. It is and will be paid back from the Treasury. Trouble is even if 100% solvent the projections have the Fund insolvent in 2034. That parts just math. Like any Ponzi scheme when more take out than put in things go South.

https://www.ssa.gov/history/BudgetTreatment.html

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Mar 25, 2020 16:37:12   #
Yankel Drumpf
 
JFlorio wrote:
That's not what was objected to at all. You are nothing more than a troll, partisan hack, or just plain dumb. Probably all three.


That was the only thing this was about. It won’t prevent the $500,000,000,000 of going to the executives but at least there’s some compromise made. If you don’t like Democrats having their say you won’t like anything they do even if it’s a weak attempt to mitigate corruption by the republicans. Cronyism is all powerful

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Mar 25, 2020 16:42:28   #
Tug484
 
JFlorio wrote:
I know it's not any more reassuring but they technically didn't steal the S.S. money. They've borrowed it. It is and will be paid back from the Treasury. Trouble is even if 100% solvent the projections have the Fund insolvent in 2034. That parts just math. Like any Ponzi scheme when more take out than put in things go South.

https://www.ssa.gov/history/BudgetTreatment.html



Are they paying it back?
Do we really know?

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Mar 25, 2020 16:46:06   #
JFlorio Loc: Seminole Florida
 
Tug484 wrote:
Are they paying it back?
Do we really know?


It’s in Treasuries. So yep. But eventually it will not be enough. Simply because of math. Unless, of course this v***s k**ls off millions of us old folks.

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Mar 25, 2020 16:47:03   #
JFlorio Loc: Seminole Florida
 
Yankel Drumpf wrote:
That was the only thing this was about. It won’t prevent the $500,000,000,000 of going to the executives but at least there’s some compromise made. If you don’t like Democrats having their say you won’t like anything they do even if it’s a weak attempt to mitigate corruption by the republicans. Cronyism is all powerful


There are more than one bill being debated.

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Mar 25, 2020 16:51:08   #
Tug484
 
JFlorio wrote:
It’s in Treasuries. So yep. But eventually it will not be enough. Simply because of math. Unless, of course this v***s k**ls off millions of us old folks.


True and I'm in a vulnerable category myself.

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