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View Diary: Giving a Right Winger Pause (56 comments)

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  •  This is the real truth - not that the money was (5+ / 0-)

    "raided and spent". All treasury bond revenue is spent.

    Non enim propter gloriam, diuicias aut honores pugnamus set propter libertatem solummodo quam Nemo bonus nisi simul cum vita amittit. -Declaration of Arbroath

    by Robobagpiper on Wed Nov 21, 2012 at 09:22:00 AM PST

    [ Parent ]

    •  That's right (5+ / 0-)

      The T Bills are still there (I think it was Bush said they were in a drawer at Treasury.)

      so the theft has not happened .  .  .  yet.  That's what this whole deficit reduction, fiscal cliff crap is about.  If SS benefits are cut, then the trust funds will really have been stolen to pay for the Bush tax cuts.

      All of this Bowles-Simpson, debt ceiling, fiscal cliff nonsense is just a fancy way to disguise what they are really doing:  Trying to steal the money we paid for 25 years and using it to supposedly cut the deficit that was created by the Bush tax cuts (and wars).

      That's true whether they raise the retirement age, impose a means test, cut benefit amounts or any other measure.

      Geez, how many times do Krugman and I have to point this out?

      The GOP: "You can always go to the Emergency Room."

      by Upper West on Wed Nov 21, 2012 at 12:59:53 PM PST

      [ Parent ]

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