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Originally Posted by Yakk
I have read them. They consist of people disagreeing with you, and some agreeing with you. There has been no consensus reached. The issue sure looks open to me.
And calling your opponents "wacko" isn't polite.
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Actually, it seems everybody agrees that there is a trust fund and that it holds no real assets, it holds liabilities. If I go to my bank right now, I can withdraw cash. If I went to the trust fund for cash, I would have to wait, because there isn't anything available. In order for the trust fund to fulfill my request, it would have to cash in on it's bonds.
The problem is how the trust fund becomes liquid again. SS and the trust fund have been used as a cash cow for years, but I have yet to see a tangible way of transferring the liabilities to liquid assets.
Bottom line (as I have said numerous times): The money was borrowed and spent without our approval and in order to replace that money, we, the American taxpayers, are going to have to foot the bill. Our government isn't going to foot the bill, they will pass it on to us. Which means that we will pay for it twice.
Anyway, as to the "wacko" thing. I called the assertion wacko, not the person. Did you not read the comment? That kind of stuff belongs in Paranoia, not here. And the assertion is made by someone that devotes an entire thread to questioning the mental health of people like me. I learned my lesson, Mr. Ignore button is now implemented so as to avoid this kinda of thing in the future.