Obama '08?

After the tax structure was changed, there has been a boom in home brewing. My son-in-law is a home brewer who wants to make brewing his profession.

Ha ha hah hhaaahhh ha . GWBUSH is the President who took more vacation time, before and after 9-11, than other other President in history.

Joe(Look it up. )Nation

okie doesn't know his history, current or otherwise.

There are some great meads being made right now. One is from western Mass and another is imported from South Africa. Of course, the South African meadery is very large scale.

There is a literary figure from Medieval Ireland and Wales known as the Sovereignty Goddess who grants the king the right to rule by giving him mead.

BASED ON WHAT SENATOR COLBURN REPORTED, CONGRESS SHOULD REPLACE ALL
NEW FICA ACCOUNTS WITH PURCHASES OF US SAVINGS BONDS THAT HAVE FOR 44 YEARS
AN ANNUAL INTEREST FACTOR EQUAL TO OR GREATER THAN 1.0422.
AFTER 44 YEARS,
PURCHASE A 35 YEAR 6% ANNUITY.
THEN ALSO REDUCE THE OLD SOCIAL SECURITY ACCOUNT
PAYMENTS 1% PER YEAR, OR ABOUT $200 PER YEAR.
These are good ways to eliminate future FICA, Medicare, and Medicaid deficits!

HERE'S AN EXAMPLE:
For an annual Salary Raise Factor = 1.06504109.
For an FICA deduction Factor = 0.153
Individual SS Deductions are held upto 44 years at an interest factor per year = 1.04216373.

Year.... Annual salary.... SS deduction.... Years held....Annuity value each year
0.......... $4,000.00.......... $612.00.......... 44.......... $3,766.46
1.......... $4,260.16.......... $651.81.......... 43.......... $3,849.14
2.......... $4,537.25.......... $694.20.......... 42.......... $3,933.64
3.......... $4,832.36.......... $739.35.......... 41.......... $4,019.99
4.......... $5,146.66.......... $787.44.......... 40.......... $4,108.23
5.......... $5,481.40.......... $838.65.......... 39.......... $4,198.42
6.......... $5,837.92.......... $893.20.......... 38.......... $4,290.58
7.......... $6,217.63.......... $951.30.......... 37.......... $4,384.76
8.......... $6,622.03.......... $1,013.17.......... 36.......... $4,481.02
9.......... $7,052.73.......... $1,079.07.......... 35.......... $4,579.38
10.......... $7,511.45.......... $1,149.25.......... 34.......... $4,679.91
11.......... $8,000.00.......... $1,224.00.......... 33.......... $4,782.64
12.......... $8,520.33.......... $1,303.61.......... 32.......... $4,887.63
13.......... $9,074.50.......... $1,388.40.......... 31.......... $4,994.92
14.......... $9,664.72.......... $1,478.70.......... 30.......... $5,104.57
15.......... $10,293.32.......... $1,574.88.......... 29.......... $5,216.62
16.......... $10,962.81.......... $1,677.31.......... 28.......... $5,331.14
17.......... $11,675.84.......... $1,786.40.......... 27.......... $5,448.17
18.......... $12,435.25.......... $1,902.59.......... 26.......... $5,567.76
19.......... $13,244.05.......... $2,026.34.......... 25.......... $5,689.99
20.......... $14,105.46.......... $2,158.14.......... 24.......... $5,814.89
21.......... $15,022.89.......... $2,298.50.......... 23.......... $5,942.54
22.......... $16,000.00.......... $2,448.00.......... 22.......... $6,072.99
23.......... $17,040.66.......... $2,607.22.......... 21.......... $6,206.30
24.......... $18,149.00.......... $2,776.80.......... 20.......... $6,342.54
25.......... $19,329.43.......... $2,957.40.......... 19.......... $6,481.77
26.......... $20,586.64.......... $3,149.76.......... 18.......... $6,624.06
27.......... $21,925.62.......... $3,354.62.......... 17.......... $6,769.47
28.......... $23,351.68.......... $3,572.81.......... 16.......... $6,918.07
29.......... $24,870.50.......... $3,805.19.......... 15.......... $7,069.93
30.......... $26,488.11.......... $4,052.68.......... 14.......... $7,225.13
31.......... $28,210.92.......... $4,316.27.......... 13.......... $7,383.73
32.......... $30,045.79.......... $4,597.01.......... 12.......... $7,545.82
33.......... $32,000.00.......... $4,896.00.......... 11.......... $7,711.47
34.......... $34,081.32.......... $5,214.44.......... 10.......... $7,880.75
35.......... $36,298.00.......... $5,553.59.......... 9.......... $8,053.74
36.......... $38,658.86.......... $5,914.81.......... 8.......... $8,230.54
37.......... $41,173.28.......... $6,299.51.......... 7.......... $8,411.21
38.......... $43,851.23.......... $6,709.24.......... 6.......... $8,595.85
39.......... $46,703.36.......... $7,145.61.......... 5.......... $8,784.55
40.......... $49,741.00.......... $7,610.37.......... 4.......... $8,977.38
41.......... $52,976.21.......... $8,105.36.......... 3.......... $9,174.45
42.......... $56,421.84.......... $8,632.54.......... 2.......... $9,375.85
43.......... $60,091.58.......... $9,194.01.......... 1.......... $9,581.67
44.......... $64,000.00.......... $9,792.00.......... 0.......... $9,792.00
TOTALS......................... $150,933.55.................... $284,281.67

SS can annually pay $19,608.00 for 7.69754947 years without a deficit.
A 6% annuity costing $284,281.67 with a payment factor of 0.06897386 can annually pay $19,608,00 for 35 years.

Except it doesn't do that.

By paying 4.22% interest on the deductions you INCREASE the public deficit because the government is paying the interest and that interest is now on the books. It is no longer owed to a trust fund.

ican, You continue to show numbers that have no meaning in reality. No investment, bonds or stocks, do not continue on an upward trend in all years.

You are hopeless, and stupid too! You just don't listen to facts.

Wrong!
Americans have been investing in private Triple A Bonds and Annuities for longer than we have been alive. They have been alot more reliable than investing in the the federal government's general fund, in which FICA has been invested since President Carter made it that way. The federal debt being generated by FICA is huge and growing rapidly. American People are paying for this growing debt now by losing their jobs, price inflation, and probably higher taxes on the purchase of other stuff.

This libelous post of yours is more evidence that you continue to deceive yourself.

Furthermore, FICA is headed toward bankruptcy if something isn't done to correct it's debt generation. Who will profit then?

It's libelous? ROFL If something is true, it's difficult to sue for libel. Try it; I'll wait for a call from your attorney. He'll probably laugh in your face, once you explain why you wish to sue me. BTW, don't forget to present all my posts from this thread to support your suit.

FYI, both parties of our government has known that the current trend in collections and spending is not sustainable, but they have done very little to secure its funding for the people now paying into it. You probably have a better chance suing the government of the US for mismanagement of the social security trust fund.

This may not be on topic as others are discussing, but it has to do with Obama. Have others noticed as I have that Obama apparently has not learned that making war in places like Libya only creates more terrorists. Isn't that what Democrats have been telling us for years? And now they are doing it too. After all, Libya was no threat to us. Also, is this another case of more blood for oil?

I gather, Okie, you have not been following Libya too closely recently.

I've followed it close enough to say the above with some confidence.

okie has problems with remembering correctly past and current information. Please forgive him.

Sorry, ican, but what CI wrote is not libelous.

I will go ahead and admit that I wrote what I did to make light of the hypocrisy or inconsistency of the Left, rjb. By the way, I do not consider you to be a member of the Left, at least not the radical Left.

Without going into detail, we know all about Hussein's killing of tens of thousands of his own people, his invasion of neighbors, his support of terrorists, and the potential dangers he posed with WMD. Yet, we have endured years of political spin against Bush, accusations of lying, blood for oil, on and on.

Perhaps now is not the time for me to bring all of that up. Let me be clear that I am no fan of Qaddafi, but I find Obama's choice to act in this situation to be very interesting. I wish I could be more confident that he knows what he is doing. For example, what is his real motivation? Is he thinking he has to be tough at least once during his presidency? I will admit to not being totally up to speed on the events in Libya, but I doubt the administration is as well. I would be more confident with a different administration.

So you don't support the US-troops anymore, okie?

Federal debt owed to a trust fund is NOT counted as public debt.

http://www.usdebtclock.org/
The debt of over 14 trillion doesn't include moneys owed to the trust funds.

You are proposing we stop paying into those trust funds and instead loan that money out to the public which makes it public debt. I am not wrong.

Fica has an unfunded liability. It currently has a surplus so it doesn't have debt. Again, you are proposing transferring that unfunded liability into debt.
Current debt 14 trillion
Current FICA liability 14,000 trillion.

You are proposing we drive up debt by 1000%? Good job ican. That should have no effect on jobs in the US.

So..
Idiot RWers call for Obama to get involved in Libya. Then when Obama does get involved they attack him for doing so.

You guys will do any thing and say anything. You don't give a damn about your country. Wrap yourself in the flag okie. It's the only thing you have it seems.

I thought I made it clear that the bond and annuity investments I've been recommending are in PRIVATE NOT GOVERNMENT INVESTMENTS.

All the government has to do is require the investments of FICA deductions be made in private not government Triple A Rated Bond and Triple A Rated Annuity investments. The government won't get that money. Only the private economy will receive those investments and grow more as a result.