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   DEBATE      Enjoy opinions shoved down your throat      4,105 messages   

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   Message 2,219 of 4,105   
   BOB KLAHN to FRANK SCHEIDT   
   Dangers of a Mormon Prez   
   25 Sep 12 11:56:16   
   
    ...   
      
    ->>->> Reagan was senile in office, probably when he took office.   
      
    FS>->> Yeah, that's how he came up with the brilliant Strategic   
    FS>->> Defense Initiative -- the straw that broke the USSR's back.   
    FS>->>  Some "senility"!!   
      
    LBJ broke the Soviet Union, but it takes a long time for a   
    monster like that to finish dieing.   
      
    ->> ->> Like former president Jimmy   
   ->> ->> Carter, no American troops lost their lives in combat.  And that is   
   ->> ->> a truly remarkable feat.   
      
   FS> ->> Bill Clinton was far too busy chasing skirts to start a war   
      
   ->> Bill Clinton didn't have to chase, they chased him.   
      
    FS> Tell Hillary that!   
      
    She knows.   
      
   ->>FS> ... fortunately the nation was never in danger until 9/11   
   ->>FS> then Dubya protected us.   
      
   ->>Dubya let it slip past him, as more and more evidence is coming   
   ->>out to show.   
      
    FS> Doubtless more Democrat Party propaganda   
      
    Nope. Intel reports from that time being declassified. Try the   
    National Security Archives.   
      
   ->> FS>         ... [snip] ...   
      
   ->> ->> Neither the war on Iraq nor the war on Afghanistan were paid for,   
   ->> ->> the funds having been borrowed from the social security trust fund   
   ->> ->> by the previous administration.  Those costs are now catching up   
   ->> ->> with us, as those bills are coming due.   
      
   ->>FS> They cannot "borrow" from the so-called Social Security   
   ->>FS> Trust Fund since it contains only promises, no cash, only   
   ->>FS> IOUs (called Treasury Bonds) which will be paid by future   
   ->>FS> generations.   
      
   ->>That's how they borrow. Tax money comes into Social Security,   
   ->>the surplus goes into the trust fund and is used to buy treasury   
   ->>securities, which then releases the actual tax money to the   
   ->>general fund.   
      
   ->>The IOUs are the treasury securities.   
      
   ->> FS> As I said.  However the "Trust Fund" is usually discussed   
   ->> FS> as tho it were a huge vault with piles and piles of   
   ->> FS> currency stacked in it.   
      
    Yes, it is. And that is why so many talk about a "lock box" that   
    never existed. That is why Reagan's Social Security Reform of   
    1986 was a fraud.   
      
      
      
      
   BOB KLAHN bob.klahn@sev.org   http://home.toltbbs.com/bobklahn   
      
   ... Taxation *WITH* representation isn't all that hot either.   
   --- Via Silver Xpress V4.5/P [Reg]   
    * Origin: Fidonet Since 1991 And Still Here. Join Us: www.DocsPl (1:123/140)   

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