Off-Topic: Hound, you are wrong on this one
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Name:   MartiniMan The author of this post is registered as a member - Email Member
Subject:   Hound, you are wrong on this one
Date:   3/15/2010 10:09:32 AM

Hound, actually the first President to do so was LBJ (note the words "for the first time"). And at the time Democrats controlled both the House and the Senate. So WW may be ideologically blind but he was also historically correct. :-)

LBJ: "This budget, therefore, for the first time accurately covers all Federal expenditures and all Federal receipts, including for the first time in one budget $47 billion from the social security, Medicare, highway, and other trust funds."

Having said that, all President's of either party since then have allowed this to continue because to change it would be indeed a bitter pill to swallow and none have the political courage to do so. Eliminating use of FICA funds would be yet another big spike in the deficit although it more accurately depicts what is really happening.

This is just another reason why the 4th rail is so difficult to fix by either party. When the GOP proposes changes Dems claim they want to starve Grandma and when Dems propose changes the GOP charges they want to starve Grandma. One thing I will say is I am adamantly opposed to a "bipartisan" commission because that is simply an abrogation of the responsibility of elected leaders to do what we send them to Washington to do. They (both parties) want to hide behind some commission so when their constituents complain about higher taxes or reduced benefits or both they can express their sympathy and blame it all on this "bipartisan" commission.
Other messages in this thread:View Entire Thread
Social Security Fiasco - Mack - 3/14/2010 8:20:15 PM
     Social Security Fiasco - Talullahhound - 3/14/2010 9:23:30 PM
          Social Security Fiasco - water_watcher - 3/15/2010 7:18:17 AM
               Social Security Fiasco - Talullahhound - 3/15/2010 7:58:05 AM
                    Social Security Fiasco - lotowner - 3/15/2010 9:17:34 AM
                    Hound, you are wrong on this one - MartiniMan - 3/15/2010 10:09:32 AM
                         No Happy Ending - MAJ USA RET - 3/15/2010 10:48:42 AM
                              No Happy Ending - Old Diver - 3/15/2010 5:16:56 PM
                         Hound, you are wrong on this one - Talullahhound - 3/15/2010 5:09:45 PM
                              But you are wrong about your reply to WW - MartiniMan - 3/15/2010 5:30:02 PM
                                   You misunderstood - Talullahhound - 3/15/2010 8:01:57 PM
                                        You misunderstood - MartiniMan - 3/16/2010 8:28:21 AM
                                             But - Talullahhound - 3/16/2010 4:18:08 PM
                                                  Not true everywhere - MartiniMan - 3/16/2010 4:48:24 PM
     What's the Solution?? - Mack - 3/15/2010 9:19:09 PM
          What's the Solution?? - MAJ USA RET - 3/15/2010 10:50:40 PM
          So, There is NO Solution?? - Mack - 3/16/2010 7:50:41 PM
               So, There is NO Solution?? - Talullahhound - 3/16/2010 8:38:05 PM
                    So, There is NO Solution?? - Summer Lover - 3/17/2010 7:08:10 PM



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