You are correct. While we are not cashing in these bonds yet, we will start doing so in 2019, right now SS still takes in more than expenditures, so we are adding to the fund, TEMPORARILY. "Trust Fund"---their words, not mine.

Interestingly, when you look at our 18.4 trillion debt, a little over 5 trillion is "interagency" debt---federal agencies that run at a deficit "borrow" money, thru T-bills, from those that generate a surplus---SS is the biggest example. I'm not really sure this should count, it's like saying a husband owes his wife $50. But since it is on the books, they count it. The next 6 trillion or so is owned by Americans---401K's, banks, insurance cos. This leaves about 7 trillion in "foreign debt". Of this 3.2 trillion is owned by China and Japan---which is in their interest to keep the dollar strong for export purposes. This leaves a little under 4 trillion spread around---however, two of the largest, in name, are "The Caribbean Trust" and Luxembourg. Both of these are thought to be fronts for hedge funds, so again, American money.

Now, you are again correct regarding the SS "fund"--when we start cashing in the T-bills in 2019 and SS runs at a deficit, we will have to auction off new T-bills to cover it. This will in effect transfer "interagency" debt of 2.9 trillion to the open market---be it foreign or domestic. But it will not increase the national debt, since this is already counted. But it will no longer be "all in the family"

Wrong. It's been proven that there were WMD's in Iraq. Mass graves are proof, and I was in Baghdad when they uncovered the graves. Victims were murdered by poison gas, a WMD.

Besides, Bush had a right and a mandate to attack when Sadaam refused to obey the No Fly Zone. So, get over it. Your problem is that you have no excuse for the poor performance of your messiah in D.C. By the way, does that make you Muslim?....:22yikes:

And Hilary and Kerry voted for the invasion.

Dear Guest: I re-read my post and can't see where I accused Democrats as all being bad and Republicans as all good. I pointed to FDR, LBJ and Obama because under their Administrations entitlements expanded by leaps and bounds. Obama spent more money then several presidents combined and he was winding down our military and our defense initiatives... soldiers couldn't get protective vests but Obama groupies could get free cell phones.
The progressives push for Civil Rights was just, but progressives being progressives over reached again and equal opportunity amounted and still does to this day to guaranteed equal outcomes.

While I believe Fox News is more fair and balanced than all of the alphabet stations combined I by no means believe what many fox commentators have to say without a trust but verify. As a side bar my go to news is WSJ which I trust more because its about how policy affects the economy and not party affiliation.....money is not red or blue but green

You must admit that CNBC and its moderators went beyond the pale.....

One of my friends escaped Eastern Europe and he would tell you what I related as to the salami theory is a true account following communist take over

Corporations are doing inversions because of taxes and regulations SOX and Dodd Frank 35% + tax rate are strangling companies and quite frankly I can't blame these corporations. Progressive use the canard its your patriotic duty to pay taxes. I say no not because I am not patriotic but because all politicians are reckless with taxpayer money and a few outright dishonest. Why should citizens hand over their hard earned money to feed the self interests of people who will not represent the people (ie taxation without representation)

You reference a few socialist programs not making a country socialist . This caused me pause wondering if we are watching the same presidential debate wherein progressive/socialist democratic party argues in favor of socialism over capitalism . Never in my wildest dreams did I ever believe that citizens of this country would take seriously the thought of America becoming socialist republic

Stories are replete wherein political correctness in our educational institutes with their trigger warnings and micro-agressions is rewriting American history because the factual events of this nation's history is causing PSTD among fragile students. And stories are replete wherein students with a conservative bent are actually being threatened. Let's hope you are right and many students after graduating adjust to the pragmatical America.

The FED has become our central planners and it is feeding only Wall street markets . The investment people at the top are living well off this sugar high while retirees you can't afford to risk losses can't even get interest on their money The FED originated in 1918 when our money was tied to gold. Since that is no longer the case the FED as it gained power is creating dangerous policy and no longer can continue to operate in the same manner.

Fraud and abuse abound in government programs and voter ID fraud is rampart. People can easily gain access to any identification needed for free stuff but they can't for voting.

I did not dump on democrats in my earlier post and did not question your contentions about state dept employees but have referenced some discrepancies here because you intentionally misrepresented my earlier post .

Again let's hope your fellow workers live by their ethical reputations and if they have factual information concerning Clinton's modus operandi (ie personal server, e-mails campaign contribution by foreign governments) they speak up for the benefit of the people the State Department represents.
And again because I do no take anything on this forum as personal and believe once shop talk is over that we all walk away friends. So

Personal Best Regards:

BS!

Dear Guest: Twice in the WSJ over the past ten years a columnist has mentioned that on a particular night before the American advance Iraqi Republican guards replaced Syrian guards along a section of its border. The implication was that Saddam moved his WMD to Syria. It is conceivable because a small measure of WMD goes a long way.

I believe what one can say about this issue is not that no WMD were found. Today Syria has secret locations for many of its chemical and biological weapons Iraq was successful in bury their airplanes under the sands in the desert.

Its obvious that the progressives hate for George W. Bush will perpetuate their claim with an assist from the main street media that there were no WMD so Bush lied and men died.

I agree with you. I also respect the manner, style and grace in which George W Bush has handled his detractors. He is to be applauded for taking the high ground.

Personal Best Regards:

Friend,
Your tin foil hat needs re-crimping! What a crock of baloney!

Indulge me to defend the poster's position:

Do you agree with the following:

1) Hussein was a megalomaniac dictator
2) He had WMDs---he used them on the Kurds and possible Iranian troops
3) What megalomaniac has the power of WMDs and gives it up voluntarily
4) If he no longer had WMDs, why evade UN inspection?
5) What was the Iraqi general referring to on the cell intercept when he warned another general the UN is coming, better move "the stuff"--twinkies?
6) They're still digging up "stuff" from the Iraqi desert from 5000 years ago
7) Hussein went undiscovered in a hole in the ground for 9 months, and he needed air, water, food, "potty", and the people to bring it on a regular basis, a cache of "stuff" needs nothing
8) Any WMD could easily have been moved to Syria, just as it could be moved to avoid UN inspection--don't you think Assad would gladly accept it?

I don't know if he moved anything to Syria, but there is enough information above to support the poster's opinion without calling for a "tin foil hat". But then again, that is the game plan of the left---if you can't win an argument on facts and logic (which you never can), just call the person names, like a third grader.

If you disagree, then provide some evidence that I am lying. Otherwise, go away. But, with you liberals you can't debate, just divert or protest in ignorance. Facts elude you, facts stump you, and facts cause your eyes to bleed and heads to explode. You liberals insist of facts, and yet you run and hide when they are provided. That will be Hilary's downfall too......IF she isn't thrown in jail where she belongs first.

[QUOTE=Guest;1138648]If you disagree, then provide some evidence that I am lying. Otherwise, go away. But, with you liberals you can't debate, just divert or protest in ignorance. Facts elude you, facts stump you, and facts cause your eyes to bleed and heads to explode. You liberals insist of facts, and yet you run and hide when they are provided. That will be Hilary's downfall too......IF she isn't thrown in jail where she belongs first.[

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[COLOR="rgb(139, 0, 0)"]MORE BS![/COLOR]

[QUOTE=Guest;1138681]Did someone's monkey get loose?