• Posts: 7,941
  • Tag points: 14

Topic: Social Security is now officially bankrupt

Today was the watermark day for Social Security, as it now has no money left, is a dying monster, which will forever cost more than it will take in proceeds as of today.

It was held afloat by one unique portion of US history... the Baby Boomers... and that same group now are sinking it, such as the fate of the Titanic, is the fate of this 'titanic' boondoggle.

Everything bad in the economy is now Obama's fault. Every job lost, all the debt, all the lost retirement funds. All Obama. Are you happy now? We all get to blame Obama!
Kemp currently not being responded to until he makes CONCISE posts.
Avogardo and Noir ignored by me for life so people know why I do not respond to them. (Informational)

0 Dislike 0 Post Points

  • Posts: 7,941
  • Tag points: 14

Re: Social Security is now officially bankrupt

Short on cash, Social Security to start calling in Uncle Sam's big IOUs, adding to deficit
By: STEPHEN OHLEMACHER
Associated Press
03/15/10 8:20 AM EDT

PARKERSBURG, W.VA.

Everything bad in the economy is now Obama's fault. Every job lost, all the debt, all the lost retirement funds. All Obama. Are you happy now? We all get to blame Obama!
Kemp currently not being responded to until he makes CONCISE posts.
Avogardo and Noir ignored by me for life so people know why I do not respond to them. (Informational)

0 Dislike 0 Post Points

  • Posts: 14,366
  • Tag points: 68

Re: Social Security is now officially bankrupt

hooray!

and what he means is, it's starting to call in IOUs

just as a mom & pop grocer might raid their cash register and leave an IOU, as if it counted as cash, so Congress has raided social security for 40 years

The core joke of Hitchhiker's Guide to the Galaxy is that of course no civilization would develop personal computers with instant remote database recovery, and then waste this technology to find good drinks.
Steve Jobs has ruined this joke.

0 Dislike 0 Post Points

  • Posts: 2,009
  • Tag points: 2

Re: Social Security is now officially bankrupt

Are you surprised Chris?

Insane Lemming of Drama Queens and Other Hyperbolical People

1431 ftw

0 Dislike 0 Post Points

  • Posts: 14,366
  • Tag points: 68

Re: Social Security is now officially bankrupt

the quicker we have a civil war the sooner we can get rid of a useless third of our population

The core joke of Hitchhiker's Guide to the Galaxy is that of course no civilization would develop personal computers with instant remote database recovery, and then waste this technology to find good drinks.
Steve Jobs has ruined this joke.

0 Dislike 0 Post Points

  • Key
  • Key
  • Player
  • Offline
  • Posts: 990
  • Tag points: 11

Re: Social Security is now officially bankrupt

Then lets start taxing the illegal immigrants who have been sending all they're money to mexico to bring in more illegal immigrants.  Illegal Migrant Worker Tax law.  OH yah, that's what i'm talking about.

Let's start taxing the pimps and ho's and legalize prostitution.  Just laying on your back doesn't mean you can't pay taxes.  The Pimp Tax law has a nice ring to it, don't you think?

Or the Congressional Tax Law for Dummies.  Let's start taxing congress for wasting tax payers time and money.  YOU BET!

=^o.o^= When I'm cute I can be cute.  And when I'm mean, I can be very very mean.  I'm a cat.  Expect me to be fickle.

0 Dislike 0 Post Points

  • Posts: 14,366
  • Tag points: 68

Re: Social Security is now officially bankrupt

oh but illegal aliens pay all their taxes, just ask Senator John "Donald Duck" McCain

The core joke of Hitchhiker's Guide to the Galaxy is that of course no civilization would develop personal computers with instant remote database recovery, and then waste this technology to find good drinks.
Steve Jobs has ruined this joke.

0 Dislike 0 Post Points

  • Posts: 2,009
  • Tag points: 2

Re: Social Security is now officially bankrupt

I say we just cause another bubonic plague. That solves all problems.

Insane Lemming of Drama Queens and Other Hyperbolical People

1431 ftw

0 Dislike 0 Post Points