Connecticut Stud
New member
Slessenger says that SS is going bankrupt, he said that the government gets money in FICA taxes and SS etc... then they spend it, but then they say something like when doing budgets say they have a surplus, and then they collect interest on this money which they don't have which they already spent... i know i messing up how im saying it but i really understood it last night... and then he called LIEberman out (LIEberman really got owned by the both of them)
LIEberman said that people would get their money... Sleshenger said its like riding the titanic and that if you think the deficit is bad now, just wait... you got all these baby boomers about to retire... its like being on the titanic and Lamont and LIEberman are sitting on the deck in the front row for the show... Slesshenger seemed to know what he was talking about he sited the GAO who is an independent agency who is trying to warn everyone... and that what they do with social security where they spend the money then account for this fake money that isn't there they even do so well at faking it that they accrue interest on the money that they already spent but pretend they didn't..
LIEberman said that people would get their money... Sleshenger said its like riding the titanic and that if you think the deficit is bad now, just wait... you got all these baby boomers about to retire... its like being on the titanic and Lamont and LIEberman are sitting on the deck in the front row for the show... Slesshenger seemed to know what he was talking about he sited the GAO who is an independent agency who is trying to warn everyone... and that what they do with social security where they spend the money then account for this fake money that isn't there they even do so well at faking it that they accrue interest on the money that they already spent but pretend they didn't..