Comments on: The Latest Pension Fund Data http://briansullivan.blogs.foxbusiness.com/2008/11/17/the-pension-problem-gets-worse/ FOXBusiness Fri, 20 Nov 2009 18:24:21 -0500 http://wordpress.org/?v=2.8.5.2 hourly 1 By: Grant http://briansullivan.blogs.foxbusiness.com/2008/11/17/the-pension-problem-gets-worse/comment-page-1/#comment-2396 Grant Tue, 18 Nov 2008 15:01:53 +0000 http://briansullivan.blogs.foxbusiness.com/?p=301#comment-2396 Fear not curious citizens! Social Security will run out of money as scheduled in 2017 when more people are drawing benifits than workers that are paying into to system. The trust fund is drawing little if any interest because monies that are withheld from workers checks are paid out to those recieving social security faster than the money is coming in. By the way the U.S. Treasury is insured by the Bureau of Engraving and Printing. If they run out of money they just print a few billion more. Fear not curious citizens! Social Security will run out of money as scheduled in 2017 when more people are drawing benifits than workers that are paying into to system. The trust fund is drawing little if any interest because monies that are withheld from workers checks are paid out to those recieving social security faster than the money is coming in. By the way the U.S. Treasury is insured by the Bureau of Engraving and Printing. If they run out of money they just print a few billion more.

]]> By: Dennis http://briansullivan.blogs.foxbusiness.com/2008/11/17/the-pension-problem-gets-worse/comment-page-1/#comment-2376 Dennis Mon, 17 Nov 2008 21:19:27 +0000 http://briansullivan.blogs.foxbusiness.com/?p=301#comment-2376 Hey Brian You may to try to confirm this,I have been in the car business,many years,word on the street as of 2 hrs ago,GM is not going to pay dealers this quarters rebate abd floor plan credit monies.I have confirmed this with 4 dealer friends here in tx,this is a huge blow to GM dealers,for operating captital.were takling billion! Hey Brian

You may to try to confirm this,I have been in the car business,many years,word on the street as of 2 hrs ago,GM is not going to pay dealers this quarters rebate abd floor plan credit monies.I have confirmed this with 4 dealer friends here in tx,this is a huge blow to GM dealers,for operating captital.were takling billion!

]]> By: NationalEnquirier http://briansullivan.blogs.foxbusiness.com/2008/11/17/the-pension-problem-gets-worse/comment-page-1/#comment-2375 NationalEnquirier Mon, 17 Nov 2008 19:33:08 +0000 http://briansullivan.blogs.foxbusiness.com/?p=301#comment-2375 Just thinking about pension fund data makes me think about the formal social security program. If private sector is failing, sheesh, I can pretty much guess social security standings - IOU's in there and all- are going to be killer on interest only loans taken out by the nation state. If AIG ran ads stating 'my parents went with AIG' ? What ad can US citizen's expect ? 'my nation state went with AIG' ? no. but ? What insurance carrier IS the US Treasury with ? Inquiring minds want to know ! Just thinking about pension fund data makes me think about the formal social security program.

If private sector is failing, sheesh, I can pretty much guess social security standings – IOU’s in there and all- are going to be killer on interest only loans taken out by the nation state.

If AIG ran ads stating ‘my parents went with AIG’ ?

What ad can US citizen’s expect ? ‘my nation state went with AIG’ ?
no.

but ? What insurance carrier IS the US Treasury with ?

Inquiring minds want to know !

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