the IDIOT

according to the half-wit digit-tumbling squad of the government shakedown escapade, via the dullard, symbiotic media, “the trust fund for Social Security will be depleted in 2040, a year earlier than expected, while Medicare will exhaust its trust fund just 12 years from now.”

oh, and

While the depletion of the reserves built up over past years is projected to occur in just 12 years for Medicare and 34 years for Social Security, both programs will face financing issues much sooner at the point that the amount paid out each year exceeds the amount the government collects to fund them.

For Medicare, that occurred for the year of 2004. However, the program is projected to be in the black again this year before crossing over to paying out more than it takes in permanently in 2006 and the years following that.

For Social Security, the point at which the program will pay out more in benefits than it takes in will occur in 2017, the trustees projected, the same as in last year’s report.

as the dude says to his friend walter, “that’s fucking interesting, man; that’s fucking interesting.”

it’s interesting because there’s no indication of any dynamic analysis of economic interaction. what do these fools think is going to happen to investment as the failure of the borg looms large? people apparently think this is all some joke that the almighty USA can weather. well it’s not. there is no goddamned way the coffers of US thievery can withstand what’s coming. but according to the “experts”, it’s only 2017 where things will go south. baloney. have they even considered considering that when “social security” “payments” are exposed as the vaporous non-commitments they are, even the slaves of this sinking ship might take notice? as the “benefits” are dropped, as they must, do these analyses presume uninterrupted inflow? and what of the “general fund”? there will be a rebellion of some kind, even from these limp-wristed fairies now calling themselves americans.

suddenly, i’m picturing V and his dominos.

i’ve written about this enough that i don’t feel like doing it anymore. just posting this as a flag, and yet another indication that the supposed financial experts in government, and their supposed financial expert toadies in the press, have no clue what awaits, nor any appreciation for the complex webs that are all going to go down as the illegal scam of “social security” heads tango uniform. according to them, this is all just future stuff. nothing to get excited about.

though i don’t find life in these idiot times to be anything overly special, i almost hope i live to see this country wiped out in all its ignorant hubris and denial. maybe it won’t be long. will be worth it, since the jackasses have already made it impossible for any freeborn man to survive. what do those few of us have to lose? once you come to terms with losing all your precious toys, the rest is gravy. years ago, i realized i would never see a penny of the money stolen from me “for me”. it is gone, just as the “supreme court” ruled years ago was okay.

Tags: walter block

Posted 20060501 22:50 under social security. Follow responses through the RSS 2.0 feed. Both comments and pings are closed.