lets see both are fund by tax dollars and there is no actual fund account.
Where does the government get it's money? Why are taxes going up?
The government has no money the take it from us and they want more. At some point they system is bankrupt. We have reached that point.
We cannot afford to continue down this road.
What is AZ looking to do to balance the budget? What is the Federal deficit?
We are bankrupt. We cannot tax and spend our way out. It is a seriously flawed system.
Read the above there is your proof.
I along with the vast majority of Americans are tired of the Tax and Spend mentality of our government. That makes the government bankrupt.
------------------------
Keith Smith
--- On Sun, 8/2/09, Craig White <
craigwhite@azapple.com> wrote:
> From: Craig White <craigwhite@azapple.com>
> Subject: Re: guess what....
> To: "Main PLUG discussion list" <plug-discuss@lists.plug.phoenix.az.us>
> Date: Sunday, August 2, 2009, 6:09 PM
> On Sun, 2009-08-02 at 17:45 -0700,
> keith smith wrote:
> >
> > Is there a social security escrow account that
> contains the fund to meet the social security requirements
> until 2040 the year you said it was viable to?
> >
> > Social security is rutinely taken to fund other
> projects and the 2040 year you sate is more than likely
> based on a projection of requirements and what will be
> collected. This is a guess. The money is not
> there. It is not like a 401k account where you can say
> I have X in it and that is based on real money.
> >
> > You agree medicare is bankrupt. And you say by
> letting the government manage all our health care needs in
> the same way they run medicare we will all be better off.
> >
> > I'd like to continue the debate and I will. I am
> in the process of putting up a website that outlines all my
> beliefs with supporting references. When i complete
> that site I will provide a link.
> >
> ----
> You said Social Security is bankrupt. I asked you to cite
> your source
> for that information. You cannot. Your statement is false.
> It is funded.
>
> You want me to agree that medicare is bankrupt. No,
> Medicare is funded
> by the Federal government. It is only bankrupt as far as
> our government
> is bankrupt. The politicians do not have the political will
> to do
> anything but to fund Medicare - note - Medicare is a
> governmental run
> health care program. It is working. Yes, the costs are
> skyrocketing and
> there are all sorts of adjustments that are under
> discussion...what else
> is new?
>
> There is no 'bankrupt' Social Security or Medicare.
>
> The premises you state are just wrong. What is there to
> debate if your
> the premise of your argument itself is flawed?
>
> Craig
>
>
> --
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