Buffett's Bet and Social Security

[flacaltenn]

Not the point. I was saying that the Social Security "Trust Fund" should be moved into S&P 500

Yes old people's retirement should be put in a casino trust fund.

The average yearly return on the stock market over the past 90 years is 10%.

The average yearly return on Social Security is 1.23%

I highly doubt that number. Because as the caps have been raised -- an INCREASING number of folk have been relegated to extremely negative returns on Soc Sec. And the "interest" feature is all garbage. There is no interest on Soc Sec trust funds because there is nothing of VALUE in the Trust Fund. It was stolen and replaced with IOUs that require the Treasury covers any shortfalls with NEW money or NEW debt issues.

The phony accounting only includes interest on the stolen money to the extent of how much MORE shortfall the the Treasury is liable for ABOVE the amounts stolen by squandering the excess FICA tax. It doesn't affect the calculation of benefits.

SocSec is deadass broke TODAY. Has been since about 2010. Went from $50Bill surpluses to $50Bill deficits about 8 years ahead of schedule. That's a $100Bill swing in the ON BUDGET portion that the Treasury has to cover since about 2000..

 

[Dont Taz Me Bro]

Not the point. I was saying that the Social Security "Trust Fund" should be moved into S&P 500

Yes old people's retirement should be put in a casino trust fund.

The average yearly return on the stock market over the past 90 years is 10%.

The average yearly return on Social Security is 1.23%

I highly doubt that number. Because as the caps have been raised -- an INCREASING number of folk have been relegated to extremely negative returns on Soc Sec. And the "interest" feature is all garbage. There is no interest on Soc Sec trust funds because there is nothing of VALUE in the Trust Fund. It was stolen and replaced with IOUs that require the Treasury covers any shortfalls with NEW money or NEW debt issues.

The phony accounting only includes interest on the stolen money to the extent of how much MORE shortfall the the Treasury is liable for ABOVE the amounts stolen by squandering the excess FICA tax. It doesn't affect the calculation of benefits.

SocSec is deadass broke TODAY. Has been since about 2010. Went from $50Bill surpluses to $50Bill deficits about 8 years ahead of schedule. That's a $100Bill swing in the ON BUDGET portion that the Treasury has to cover since about 2000..

I looked those numbers up before I posted them

 

[Toddsterpatriot]

Not the point. I was saying that the Social Security "Trust Fund" should be moved into S&P 500

Yes old people's retirement should be put in a casino trust fund.

The average yearly return on the stock market over the past 90 years is 10%.

The average yearly return on Social Security is 1.23%

I highly doubt that number. Because as the caps have been raised -- an INCREASING number of folk have been relegated to extremely negative returns on Soc Sec. And the "interest" feature is all garbage. There is no interest on Soc Sec trust funds because there is nothing of VALUE in the Trust Fund. It was stolen and replaced with IOUs that require the Treasury covers any shortfalls with NEW money or NEW debt issues.

The phony accounting only includes interest on the stolen money to the extent of how much MORE shortfall the the Treasury is liable for ABOVE the amounts stolen by squandering the excess FICA tax. It doesn't affect the calculation of benefits.

SocSec is deadass broke TODAY. Has been since about 2010. Went from $50Bill surpluses to $50Bill deficits about 8 years ahead of schedule. That's a $100Bill swing in the ON BUDGET portion that the Treasury has to cover since about 2000..

There is no interest on Soc Sec trust funds

There is.

because there is nothing of VALUE in the Trust Fund.

There is. US Treasury securities.

It was stolen and replaced with IOUs

That's what all debt securities are, IOUs.

 

[flacaltenn]

Not the point. I was saying that the Social Security "Trust Fund" should be moved into S&P 500

Yes old people's retirement should be put in a casino trust fund.

The average yearly return on the stock market over the past 90 years is 10%.

The average yearly return on Social Security is 1.23%

I highly doubt that number. Because as the caps have been raised -- an INCREASING number of folk have been relegated to extremely negative returns on Soc Sec. And the "interest" feature is all garbage. There is no interest on Soc Sec trust funds because there is nothing of VALUE in the Trust Fund. It was stolen and replaced with IOUs that require the Treasury covers any shortfalls with NEW money or NEW debt issues.

The phony accounting only includes interest on the stolen money to the extent of how much MORE shortfall the the Treasury is liable for ABOVE the amounts stolen by squandering the excess FICA tax. It doesn't affect the calculation of benefits.

SocSec is deadass broke TODAY. Has been since about 2010. Went from $50Bill surpluses to $50Bill deficits about 8 years ahead of schedule. That's a $100Bill swing in the ON BUDGET portion that the Treasury has to cover since about 2000..

I looked those numbers up before I posted them

Yeah, well you can numbers of all kinds wrt Soc Sec Trust fund and it's accounting. Even in the Yearly Mgr's report there are 10 pages of totally bullshit accounting for the MASSIVE collateral that's in the EMPTY Trust Fund. And THEN on the last 1 or 2 pages you'll find this disclaimer... This is an old one so disregard the years quoted -- they were bad projections..

http://www.socialsecurity.gov/history/pdf/tr09summary.pdf

Social Security’s annual surpluses
of tax income over expenditures are expected to fall sharply this
year and to stay about constant in 2010 because of the economic recession,
and to rise only briefly before declining and turning to cash flow
deficits beginning in 2016 that grow as the baby-boom generation retires.

The combined difference grows each year, so that by 2016, net revenue
flows from the general fund would total $369 billion (1.8 percent of
GDP). The positive amounts that begin in 2016 for OASDI, and started in
2008 for HI, initially represent payments the Treasury must make to the
trust funds when assets are depleted to help pay benefits in years prior to
exhaustion of the funds. Neither the redemption of trust fund bonds, nor
interest paid on those bonds, provides any new net income to the Treasury, which must finance redemptions and interest payments through some combination of increased taxation, reductions in other government spending, or additional borrowing from the public.

The junk in the "Trust Fund" hasn't earned a dime. All it's done is to increase the obligation to cover deficits as they occur. Which means working Americans have actually been robbed TWICE plus DOUBLE interest for the theft.

 

[flacaltenn]

Not the point. I was saying that the Social Security "Trust Fund" should be moved into S&P 500

Yes old people's retirement should be put in a casino trust fund.

The average yearly return on the stock market over the past 90 years is 10%.

The average yearly return on Social Security is 1.23%

I highly doubt that number. Because as the caps have been raised -- an INCREASING number of folk have been relegated to extremely negative returns on Soc Sec. And the "interest" feature is all garbage. There is no interest on Soc Sec trust funds because there is nothing of VALUE in the Trust Fund. It was stolen and replaced with IOUs that require the Treasury covers any shortfalls with NEW money or NEW debt issues.

The phony accounting only includes interest on the stolen money to the extent of how much MORE shortfall the the Treasury is liable for ABOVE the amounts stolen by squandering the excess FICA tax. It doesn't affect the calculation of benefits.

SocSec is deadass broke TODAY. Has been since about 2010. Went from $50Bill surpluses to $50Bill deficits about 8 years ahead of schedule. That's a $100Bill swing in the ON BUDGET portion that the Treasury has to cover since about 2000..

There is no interest on Soc Sec trust funds

There is.

because there is nothing of VALUE in the Trust Fund.

There is. US Treasury securities.

It was stolen and replaced with IOUs

That's what all debt securities are, IOUs.

We've been through ALL of this before. What's in the VAULT as SSA are interdepartmental transfer memos, not bonds. If it were bonds, they the $Trill would be stored at Fort Knox with TANKS guarding it. No actual interest payments on those phony assets have EVER come out of an actual budget or the Treasury in 40 years. NOT A PENNY. It's all on the back of CURRENT and FUTURE taxpayers.

That's why the Treasury THIS YEAR will have cover about $60Bill SS deficit by SELLING more ACTUAL bonds to China.. End of discussion..

 

[Toddsterpatriot]

Not the point. I was saying that the Social Security "Trust Fund" should be moved into S&P 500

Yes old people's retirement should be put in a casino trust fund.

The average yearly return on the stock market over the past 90 years is 10%.

The average yearly return on Social Security is 1.23%

I highly doubt that number. Because as the caps have been raised -- an INCREASING number of folk have been relegated to extremely negative returns on Soc Sec. And the "interest" feature is all garbage. There is no interest on Soc Sec trust funds because there is nothing of VALUE in the Trust Fund. It was stolen and replaced with IOUs that require the Treasury covers any shortfalls with NEW money or NEW debt issues.

The phony accounting only includes interest on the stolen money to the extent of how much MORE shortfall the the Treasury is liable for ABOVE the amounts stolen by squandering the excess FICA tax. It doesn't affect the calculation of benefits.

SocSec is deadass broke TODAY. Has been since about 2010. Went from $50Bill surpluses to $50Bill deficits about 8 years ahead of schedule. That's a $100Bill swing in the ON BUDGET portion that the Treasury has to cover since about 2000..

There is no interest on Soc Sec trust funds

There is.

because there is nothing of VALUE in the Trust Fund.

There is. US Treasury securities.

It was stolen and replaced with IOUs

That's what all debt securities are, IOUs.

We've been through ALL of this before. What's in the VAULT as SSA are interdepartmental transfer memos, not bonds. If it were bonds, they the $Trill would be stored at Fort Knox with TANKS guarding it. No actual interest payments on those phony assets have EVER come out of an actual budget or the Treasury in 40 years. NOT A PENNY. It's all on the back of CURRENT and FUTURE taxpayers.

That's why the Treasury THIS YEAR will have cover about $60Bill SS deficit by SELLING more ACTUAL bonds to China.. End of discussion..

What's in the VAULT as SSA are interdepartmental transfer memos, not bonds.

How do the "interdepartmental transfer memos" act differently than bonds?
Do they pay interest? Yes.
Can the SSA give them to the Treasury in return for cash? Yes.

If it were bonds, they the $Trill would be stored at Fort Knox with TANKS guarding it.

You need tanks to guard book entry bonds? Why?

No actual interest payments on those phony assets have EVER come out of an actual budget

The US Treasury credits the SSA, every year, for interest earned.

It's all on the back of CURRENT and FUTURE taxpayers.

Of course it is. Just like any of the bonds the Treasury sells.

That's why the Treasury THIS YEAR will have cover about $60Bill SS deficit by SELLING more ACTUAL bonds to China..

Yup. Moving liabilities out of intergovernmental debt into public debt requires the sale of debt to the public.

 

[flacaltenn]

What's in the VAULT as SSA are interdepartmental transfer memos, not bonds.

How do the "interdepartmental transfer memos" act differently than bonds?
Do they pay interest? Yes.
Can the SSA give them to the Treasury in return for cash? Yes.

Those IOUs have NEVER PAID A CENT that came out of the general budget. I just told you that. Go find me an entry in the US Budget for the past 30 years paying INTEREST on Soc Sec "trust funds" there is none.

ON REAL BONDS -- that interest is PAID every year and SHOWS in the budget. Not doing this again here with you.. You're repeating propaganda and lies. On REAL bonds they can be sold and transferred for hard cash.

The US GOVT NEVER PAID for those bonds out of the General Budget. There was never a DEBIT against any year budget. They never even CONTRIBUTED to annual deficit or the accumulated debt. They are just a can-kicking exercise...

 

[Dont Taz Me Bro]

Not the point. I was saying that the Social Security "Trust Fund" should be moved into S&P 500

Yes old people's retirement should be put in a casino trust fund.

The average yearly return on the stock market over the past 90 years is 10%.

The average yearly return on Social Security is 1.23%

I highly doubt that number. Because as the caps have been raised -- an INCREASING number of folk have been relegated to extremely negative returns on Soc Sec. And the "interest" feature is all garbage. There is no interest on Soc Sec trust funds because there is nothing of VALUE in the Trust Fund. It was stolen and replaced with IOUs that require the Treasury covers any shortfalls with NEW money or NEW debt issues.

The phony accounting only includes interest on the stolen money to the extent of how much MORE shortfall the the Treasury is liable for ABOVE the amounts stolen by squandering the excess FICA tax. It doesn't affect the calculation of benefits.

SocSec is deadass broke TODAY. Has been since about 2010. Went from $50Bill surpluses to $50Bill deficits about 8 years ahead of schedule. That's a $100Bill swing in the ON BUDGET portion that the Treasury has to cover since about 2000..

I looked those numbers up before I posted them

Yeah, well you can numbers of all kinds wrt Soc Sec Trust fund and it's accounting. Even in the Yearly Mgr's report there are 10 pages of totally bullshit accounting for the MASSIVE collateral that's in the EMPTY Trust Fund. And THEN on the last 1 or 2 pages you'll find this disclaimer... This is an old one so disregard the years quoted -- they were bad projections..

http://www.socialsecurity.gov/history/pdf/tr09summary.pdf

Social Security’s annual surpluses
of tax income over expenditures are expected to fall sharply this
year and to stay about constant in 2010 because of the economic recession,
and to rise only briefly before declining and turning to cash flow
deficits beginning in 2016 that grow as the baby-boom generation retires.

The combined difference grows each year, so that by 2016, net revenue
flows from the general fund would total $369 billion (1.8 percent of
GDP). The positive amounts that begin in 2016 for OASDI, and started in
2008 for HI, initially represent payments the Treasury must make to the
trust funds when assets are depleted to help pay benefits in years prior to
exhaustion of the funds. Neither the redemption of trust fund bonds, nor
interest paid on those bonds, provides any new net income to the Treasury, which must finance redemptions and interest payments through some combination of increased taxation, reductions in other government spending, or additional borrowing from the public.

The junk in the "Trust Fund" hasn't earned a dime. All it's done is to increase the obligation to cover deficits as they occur. Which means working Americans have actually been robbed TWICE plus DOUBLE interest for the theft.

My comment wasn’t in reference to Social Security’s long term stability or lack thereof. I was simply pointing out that the stock market is a far better investment for people’s retirement

 

[Toddsterpatriot]

What's in the VAULT as SSA are interdepartmental transfer memos, not bonds.

How do the "interdepartmental transfer memos" act differently than bonds?
Do they pay interest? Yes.
Can the SSA give them to the Treasury in return for cash? Yes.

Those IOUs have NEVER PAID A CENT that came out of the general budget. I just told you that. Go find me an entry in the US Budget for the past 30 years paying INTEREST on Soc Sec "trust funds" there is none.

ON REAL BONDS -- that interest is PAID every year and SHOWS in the budget. Not doing this again here with you.. You're repeating propaganda and lies. On REAL bonds they can be sold and transferred for hard cash.

The US GOVT NEVER PAID for those bonds out of the General Budget. There was never a DEBIT against any year budget. They never even CONTRIBUTED to annual deficit or the accumulated debt. They are just a can-kicking exercise...

Those IOUs have NEVER PAID A CENT

They pay interest every year.

Social Security Trust Fund Cash Flows and Reserves

As you can see, in FY 2013, the Treasury credited Social Security $106 billion.

that came out of the general budget

Why does the interest have to come out of the general budget?

ON REAL BONDS -- that interest is PAID every year and SHOWS in the budget.

Bonds held outside of the Trust Funds require interest payments to be made to outside recipients.
Such payments require cash raised from bond sales or tax receipts.

On REAL bonds they can be sold and transferred for hard cash.

Yup. And when a Trust Fund needs hard cash, they can transfer the "fake bonds" they own, for hard cash.

The US GOVT NEVER PAID for those bonds out of the General Budget. ​

If your left pocket paid $1,000,000 interest to your right pocket, would it show up in your general budget?​

 

[Toddsterpatriot]

Not the point. I was saying that the Social Security "Trust Fund" should be moved into S&P 500

Yes old people's retirement should be put in a casino trust fund.

The average yearly return on the stock market over the past 90 years is 10%.

The average yearly return on Social Security is 1.23%

I highly doubt that number. Because as the caps have been raised -- an INCREASING number of folk have been relegated to extremely negative returns on Soc Sec. And the "interest" feature is all garbage. There is no interest on Soc Sec trust funds because there is nothing of VALUE in the Trust Fund. It was stolen and replaced with IOUs that require the Treasury covers any shortfalls with NEW money or NEW debt issues.

The phony accounting only includes interest on the stolen money to the extent of how much MORE shortfall the the Treasury is liable for ABOVE the amounts stolen by squandering the excess FICA tax. It doesn't affect the calculation of benefits.

SocSec is deadass broke TODAY. Has been since about 2010. Went from $50Bill surpluses to $50Bill deficits about 8 years ahead of schedule. That's a $100Bill swing in the ON BUDGET portion that the Treasury has to cover since about 2000..

I looked those numbers up before I posted them

Yeah, well you can numbers of all kinds wrt Soc Sec Trust fund and it's accounting. Even in the Yearly Mgr's report there are 10 pages of totally bullshit accounting for the MASSIVE collateral that's in the EMPTY Trust Fund. And THEN on the last 1 or 2 pages you'll find this disclaimer... This is an old one so disregard the years quoted -- they were bad projections..

http://www.socialsecurity.gov/history/pdf/tr09summary.pdf

Social Security’s annual surpluses
of tax income over expenditures are expected to fall sharply this
year and to stay about constant in 2010 because of the economic recession,
and to rise only briefly before declining and turning to cash flow
deficits beginning in 2016 that grow as the baby-boom generation retires.

The combined difference grows each year, so that by 2016, net revenue
flows from the general fund would total $369 billion (1.8 percent of
GDP). The positive amounts that begin in 2016 for OASDI, and started in
2008 for HI, initially represent payments the Treasury must make to the
trust funds when assets are depleted to help pay benefits in years prior to
exhaustion of the funds. Neither the redemption of trust fund bonds, nor
interest paid on those bonds, provides any new net income to the Treasury, which must finance redemptions and interest payments through some combination of increased taxation, reductions in other government spending, or additional borrowing from the public.

The junk in the "Trust Fund" hasn't earned a dime. All it's done is to increase the obligation to cover deficits as they occur. Which means working Americans have actually been robbed TWICE plus DOUBLE interest for the theft.

Neither the redemption of trust fund bonds, nor
interest paid on those bonds, provides any new net income to the Treasury, which must finance redemptions and interest payments through some combination of increased taxation, reductions in other government spending, or additional borrowing from the public.

Yup. I don't disagree one tiny bit. And?

The junk in the "Trust Fund" hasn't earned a dime.​

That's wrong, no matter how many times you say it.
​

Which means working Americans have actually been robbed TWICE plus DOUBLE interest for the theft.​

Nah. Previous Social Security surpluses reduced the need for bond sales to the public.
Reducing the interest paid to those public buyers. Increasing the interest accrued to the Trust Funds.

It's a wash.....simple accounting. Even if Social Security sucks and makes you really, really angry.​

 

[Toddsterpatriot]

Not the point. I was saying that the Social Security "Trust Fund" should be moved into S&P 500

Yes old people's retirement should be put in a casino trust fund.

The average yearly return on the stock market over the past 90 years is 10%.

The average yearly return on Social Security is 1.23%

I highly doubt that number. Because as the caps have been raised -- an INCREASING number of folk have been relegated to extremely negative returns on Soc Sec. And the "interest" feature is all garbage. There is no interest on Soc Sec trust funds because there is nothing of VALUE in the Trust Fund. It was stolen and replaced with IOUs that require the Treasury covers any shortfalls with NEW money or NEW debt issues.

The phony accounting only includes interest on the stolen money to the extent of how much MORE shortfall the the Treasury is liable for ABOVE the amounts stolen by squandering the excess FICA tax. It doesn't affect the calculation of benefits.

SocSec is deadass broke TODAY. Has been since about 2010. Went from $50Bill surpluses to $50Bill deficits about 8 years ahead of schedule. That's a $100Bill swing in the ON BUDGET portion that the Treasury has to cover since about 2000..

There is no interest on Soc Sec trust funds

There is.

because there is nothing of VALUE in the Trust Fund.

There is. US Treasury securities.

It was stolen and replaced with IOUs

That's what all debt securities are, IOUs.

We've been through ALL of this before. What's in the VAULT as SSA are interdepartmental transfer memos, not bonds. If it were bonds, they the $Trill would be stored at Fort Knox with TANKS guarding it. No actual interest payments on those phony assets have EVER come out of an actual budget or the Treasury in 40 years. NOT A PENNY. It's all on the back of CURRENT and FUTURE taxpayers.

That's why the Treasury THIS YEAR will have cover about $60Bill SS deficit by SELLING more ACTUAL bonds to China.. End of discussion..

What's in the VAULT as SSA are interdepartmental transfer memos, not bonds.

Interdepartmental transfer memos that earn interest, just like bonds.
Interdepartmental transfer memos that can be "turned into the Treasury" for cash, just like bonds.

If it were bonds, they the $Trill would be stored at Fort Knox with TANKS guarding it.

The government hasn't issued Bearer Bonds in years. They're all book-entry.
Ask your broker what that means, if you're still confused.

No actual interest payments on those phony assets have EVER come out of an actual budget

And yet, the Trust Funds still see a credit added, every year.

It's all on the back of CURRENT and FUTURE taxpayers.

Duh. Just like the $15,335,311,552,244.69 that's held by the public.

Debt to the Penny (Daily History Search Application)

That's why the Treasury THIS YEAR will have cover about $60Bill SS deficit by SELLING more ACTUAL bonds to China..

Yup. Retiring SS held "interdepartmental transfer memos" issuing "actual bonds".

 

[flacaltenn]

What's in the VAULT as SSA are interdepartmental transfer memos, not bonds.

How do the "interdepartmental transfer memos" act differently than bonds?
Do they pay interest? Yes.
Can the SSA give them to the Treasury in return for cash? Yes.

Those IOUs have NEVER PAID A CENT that came out of the general budget. I just told you that. Go find me an entry in the US Budget for the past 30 years paying INTEREST on Soc Sec "trust funds" there is none.

ON REAL BONDS -- that interest is PAID every year and SHOWS in the budget. Not doing this again here with you.. You're repeating propaganda and lies. On REAL bonds they can be sold and transferred for hard cash.

The US GOVT NEVER PAID for those bonds out of the General Budget. There was never a DEBIT against any year budget. They never even CONTRIBUTED to annual deficit or the accumulated debt. They are just a can-kicking exercise...

Those IOUs have NEVER PAID A CENT

They pay interest every year.

View attachment 190874

Social Security Trust Fund Cash Flows and Reserves

As you can see, in FY 2013, the Treasury credited Social Security $106 billion.

that came out of the general budget

Why does the interest have to come out of the general budget?

ON REAL BONDS -- that interest is PAID every year and SHOWS in the budget.

Bonds held outside of the Trust Funds require interest payments to be made to outside recipients.
Such payments require cash raised from bond sales or tax receipts.

On REAL bonds they can be sold and transferred for hard cash.

Yup. And when a Trust Fund needs hard cash, they can transfer the "fake bonds" they own, for hard cash.

The US GOVT NEVER PAID for those bonds out of the General Budget.

If your left pocket paid $1,000,000 interest to your right pocket, would it show up in your general budget?​

Hey genius.. You're own chart makes my point.. The OASDI payments entry is the AMOUNT of the SS cash deficit for 2013... The TRUST FUND didn't pay it. The TREASURY did. You will not find that entry on Treasury balance sheet PRIOR to 2009 or so when SS was running surpluses.

And of course the Treasury pays a SHITLOAD of interest every year on REAL bonds. Didya notice that that entry for OASDI interest was NEGATIVE??? They didn't pay a CENT. This is part of maintaining the FRAUD that the TF has had ANY appreciation of real value. The negative value is bookkeeping entry to wipe out a portion of the ficticious interest. And give the Treasury a "credit" on the OTHER interest it paid in 2013. If a corporation did that -- the SEC would be raiding their offices. Because there were never POSITIVE payments to OASDI interest during the whole time of the heist.

Can't do this here. Would have to warn myself for thread diversion.. So have fun in your brainwashed condition..

 

[Toddsterpatriot]

What's in the VAULT as SSA are interdepartmental transfer memos, not bonds.

How do the "interdepartmental transfer memos" act differently than bonds?
Do they pay interest? Yes.
Can the SSA give them to the Treasury in return for cash? Yes.

Those IOUs have NEVER PAID A CENT that came out of the general budget. I just told you that. Go find me an entry in the US Budget for the past 30 years paying INTEREST on Soc Sec "trust funds" there is none.

ON REAL BONDS -- that interest is PAID every year and SHOWS in the budget. Not doing this again here with you.. You're repeating propaganda and lies. On REAL bonds they can be sold and transferred for hard cash.

The US GOVT NEVER PAID for those bonds out of the General Budget. There was never a DEBIT against any year budget. They never even CONTRIBUTED to annual deficit or the accumulated debt. They are just a can-kicking exercise...

Those IOUs have NEVER PAID A CENT

They pay interest every year.

View attachment 190874

Social Security Trust Fund Cash Flows and Reserves

As you can see, in FY 2013, the Treasury credited Social Security $106 billion.

that came out of the general budget

Why does the interest have to come out of the general budget?

ON REAL BONDS -- that interest is PAID every year and SHOWS in the budget.

Bonds held outside of the Trust Funds require interest payments to be made to outside recipients.
Such payments require cash raised from bond sales or tax receipts.

On REAL bonds they can be sold and transferred for hard cash.

Yup. And when a Trust Fund needs hard cash, they can transfer the "fake bonds" they own, for hard cash.

The US GOVT NEVER PAID for those bonds out of the General Budget.

If your left pocket paid $1,000,000 interest to your right pocket, would it show up in your general budget?​

Hey genius.. You're own chart makes my point.. The OASDI payments entry is the AMOUNT of the SS cash deficit for 2013... The TRUST FUND didn't pay it. The TREASURY did. You will not find that entry on Treasury balance sheet PRIOR to 2009 or so when SS was running surpluses.

And of course the Treasury pays a SHITLOAD of interest every year on REAL bonds. Didya notice that that entry for OASDI interest was NEGATIVE??? They didn't pay a CENT. This is part of maintaining the FRAUD that the TF has had ANY appreciation of real value. The negative value is bookkeeping entry to wipe out a portion of the ficticious interest. And give the Treasury a "credit" on the OTHER interest it paid in 2013. If a corporation did that -- the SEC would be raiding their offices. Because there were never POSITIVE payments to OASDI interest during the whole time of the heist.

Can't do this here. Would have to warn myself for thread diversion.. So have fun in your brainwashed condition..

Hey genius.. You're own chart makes my point.. The OASDI payments entry is the AMOUNT of the SS cash deficit for 2013...

Where do you see a SS cash deficit?

And of course the Treasury pays a SHITLOAD of interest every year on REAL bonds.

And a bunch on the fake ones as well.

Didya notice that that entry for OASDI interest was NEGATIVE??

No, but I did notice that the interest paid to OASDI reduced the total amount of cash
withdrawn from the Treasury operating cash account as well as reducing the amount of new borrowing needed.

In addition to the $221 billion in interest paid to public holders of the debt, the general account also paid $106 billion in interest to the OASDI funds for their holdings of Treasury securities; but because the Treasury simultaneously borrowed those interest payments back, a separate operating cash transaction was not necessary. This does not mean that the OASDI holdings have no effect on the operating cash payments. If the trust funds had not held the Treasury securities, equivalent amounts of additional Treasury securities would have been held by the public, and the cash interest payments to the public would have been the full $327 billion in interest on the public debt. However, with the trust funds holding some of the Treasury securities, only $221 billion in cash was needed for interest payments to the public. The cash outflow for interest payments was thus reduced by $106 billion from what it would have been if the trust funds had not held the securities. This change in the interest payment cash flow is indicated in Table 1, inset A.20​

They didn't pay a CENT.

And yet, the Trust Fund still increased because of the interest earned.

Because there were never POSITIVE payments to OASDI interest during the whole time of the heist.

Yes, you keep repeating your error.

Total income is the sum of primary income and interest income. Total income minus expenditures equals the surplus. Even during the recession, the surplus was positive, and it is projected to remain positive—adding to reserves—until 2020. After that, rising expenditures will exceed total income, and reserves will begin to be drawn down.

The primary surplus (not depicted in Chart 1) is equal to the difference between primary income and expenditures (or to the difference between the surplus and interest income). Because of the recession, primary income fell below expenditures starting in 2010. The recession-induced primary deficit is projected to continue even as the recession passes and to merge into a more permanent primary deficit that would have started around 2016 even without the recession.

Plenty more good info here that you could educate yourself with........

Social Security Trust Fund Cash Flows and Reserves

But then you'd post fewer mistakes in the future.