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	<title>Comments on: We Can&#8217;t Afford the Bailout</title>
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		<title>By: Opposition Mounts to Paulson Plan &#124; Adam's Blog</title>
		<link>http://www.outsidethebeltway.com/archives/we_cant_afford_the_bailout/comment-page-1/#comment-514545</link>
		<dc:creator>Opposition Mounts to Paulson Plan &#124; Adam's Blog</dc:creator>
		<pubDate>Wed, 24 Sep 2008 06:39:15 +0000</pubDate>
		<guid isPermaLink="false">http://www.outsidethebeltway.com/?p=25273#comment-514545</guid>
		<description>[...] quotes on this: Steve Verdon: And just to make sure the point is fully understood lets explain what this means. Suppose we [...]</description>
		<content:encoded><![CDATA[<p>[...] quotes on this: Steve Verdon: And just to make sure the point is fully understood lets explain what this means. Suppose we [...]</p>
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		<title>By: Opposition Mounts to Paulson Plan</title>
		<link>http://www.outsidethebeltway.com/archives/we_cant_afford_the_bailout/comment-page-1/#comment-514544</link>
		<dc:creator>Opposition Mounts to Paulson Plan</dc:creator>
		<pubDate>Wed, 24 Sep 2008 06:16:47 +0000</pubDate>
		<guid isPermaLink="false">http://www.outsidethebeltway.com/?p=25273#comment-514544</guid>
		<description>[...] quotes on this: Steve Verdon: And just to make sure the point is fully understood lets explain what this means. Suppose we [...]</description>
		<content:encoded><![CDATA[<p>[...] quotes on this: Steve Verdon: And just to make sure the point is fully understood lets explain what this means. Suppose we [...]</p>
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		<title>By: anjin-san</title>
		<link>http://www.outsidethebeltway.com/archives/we_cant_afford_the_bailout/comment-page-1/#comment-514537</link>
		<dc:creator>anjin-san</dc:creator>
		<pubDate>Wed, 24 Sep 2008 04:33:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.outsidethebeltway.com/?p=25273#comment-514537</guid>
		<description>Ok Bit, tell me what is not factual here:

1. McCain has been traveling around the country telling us how lobbiest for Fannie and Freddy helped cause this mess.

2. McCain recently stated Rick Davis &quot;had no involvement with the company for the last several years.&quot;

3. Davis was being paid 15k a month to lobby for Freddic Mac until last month &lt;em&gt;while he was McCain&#039;s campaign manage&lt;/em&gt;r.

4. McCain either lied about Davis&#039; relationship with Freddy, or he is unaware of what is happening in the top level of his own campaign (either on kind of bad for a would-be President, no?)</description>
		<content:encoded><![CDATA[<p>Ok Bit, tell me what is not factual here:</p>
<p>1. McCain has been traveling around the country telling us how lobbiest for Fannie and Freddy helped cause this mess.</p>
<p>2. McCain recently stated Rick Davis "had no involvement with the company for the last several years."</p>
<p>3. Davis was being paid 15k a month to lobby for Freddic Mac until last month <em>while he was McCain's campaign manage</em>r.</p>
<p>4. McCain either lied about Davis' relationship with Freddy, or he is unaware of what is happening in the top level of his own campaign (either on kind of bad for a would-be President, no?)</p>
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		<title>By: Steve Verdon</title>
		<link>http://www.outsidethebeltway.com/archives/we_cant_afford_the_bailout/comment-page-1/#comment-514536</link>
		<dc:creator>Steve Verdon</dc:creator>
		<pubDate>Wed, 24 Sep 2008 04:22:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.outsidethebeltway.com/?p=25273#comment-514536</guid>
		<description>Brett,

I think it is clear that I&#039;ve been talking about Social Security being in actuarial imbalance...i.e. actuarial deficit.  This is the case with the source I link too, it is the case with previous comments.  You are merely playing a game of &quot;gotcha&quot; and it belittles you.

I hope I&#039;m clear.  All comments of Social Security being in deficit refer to the actuarial deficit as per the Trustees report, on of the primary sources for the financial state of Social security for the next 75 years.</description>
		<content:encoded><![CDATA[<p>Brett,</p>
<p>I think it is clear that I've been talking about Social Security being in actuarial imbalance...i.e. actuarial deficit.  This is the case with the source I link too, it is the case with previous comments.  You are merely playing a game of "gotcha" and it belittles you.</p>
<p>I hope I'm clear.  All comments of Social Security being in deficit refer to the actuarial deficit as per the Trustees report, on of the primary sources for the financial state of Social security for the next 75 years.</p>
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		<title>By: Bithead</title>
		<link>http://www.outsidethebeltway.com/archives/we_cant_afford_the_bailout/comment-page-1/#comment-514512</link>
		<dc:creator>Bithead</dc:creator>
		<pubDate>Wed, 24 Sep 2008 00:13:33 +0000</pubDate>
		<guid isPermaLink="false">http://www.outsidethebeltway.com/?p=25273#comment-514512</guid>
		<description>&lt;blockquote&gt;As usual Bit, you don&#039;t get it.&lt;/blockquote&gt;

Oh, I get it just fine.
You see, like you, I read the Democrat party talking points, too, Anjin. The difference is, I don&#039;t regurgitate them like they were the gospel.</description>
		<content:encoded><![CDATA[<blockquote><p>As usual Bit, you don't get it.</p></blockquote>
<p>Oh, I get it just fine.<br />
You see, like you, I read the Democrat party talking points, too, Anjin. The difference is, I don't regurgitate them like they were the gospel.</p>
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		<title>By: Brett</title>
		<link>http://www.outsidethebeltway.com/archives/we_cant_afford_the_bailout/comment-page-1/#comment-514508</link>
		<dc:creator>Brett</dc:creator>
		<pubDate>Tue, 23 Sep 2008 23:47:36 +0000</pubDate>
		<guid isPermaLink="false">http://www.outsidethebeltway.com/?p=25273#comment-514508</guid>
		<description>&lt;blockquote&gt;My two previous comments indicate that the problem with Social Security is that it is in actuarial imbalance--&lt;/blockquote&gt;

How nice of you to not bother to make that distinction until called upon it. Perhaps you shouldn&#039;t use the word &quot;currently&quot; with regards to the deficit when you&#039;re talking about a 75-year projection.

That makes you evasive, Steve - not me dishonest.</description>
		<content:encoded><![CDATA[<blockquote><p>My two previous comments indicate that the problem with Social Security is that it is in actuarial imbalance--</p></blockquote>
<p>How nice of you to not bother to make that distinction until called upon it. Perhaps you shouldn't use the word "currently" with regards to the deficit when you're talking about a 75-year projection.</p>
<p>That makes you evasive, Steve - not me dishonest.</p>
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		<title>By: Steve Verdon</title>
		<link>http://www.outsidethebeltway.com/archives/we_cant_afford_the_bailout/comment-page-1/#comment-514492</link>
		<dc:creator>Steve Verdon</dc:creator>
		<pubDate>Tue, 23 Sep 2008 22:23:55 +0000</pubDate>
		<guid isPermaLink="false">http://www.outsidethebeltway.com/?p=25273#comment-514492</guid>
		<description>Brett,

My two previous comments indicate that the problem with Social Security is that it is in actuarial imbalance--i.e. it wont continue to pay for itself contrary to Jeffery Baker&#039;s claims.  So you ignore those &lt;a href=&quot;http://www.outsidethebeltway.com/archives/we_cant_afford_the_bailout/#comment-514275&quot; rel=&quot;nofollow&quot;&gt;two&lt;/a&gt; &lt;a href=&quot;http://www.outsidethebeltway.com/archives/we_cant_afford_the_bailout/#comment-514279&quot; rel=&quot;nofollow&quot;&gt;comments&lt;/a&gt; and focus on one quick enumerated comment by me.

By the way note that the second comment actually links to the Trustees report and they too note Social Security is in deficit...actuarial deficit.

&lt;blockquote&gt;Over the full 75-year projection period the &lt;strong&gt;actuarial deficit&lt;/strong&gt;....&lt;strong&gt;This deficit&lt;/strong&gt; indicates that financial adequacy of the program for the next 75...Other ways of reducing &lt;strong&gt;the deficit&lt;/strong&gt;....&lt;/blockquote&gt;

It seems pretty clear from the context I&#039;m right, if perhaps a bit sloppy, and you are wrong and dishonest.</description>
		<content:encoded><![CDATA[<p>Brett,</p>
<p>My two previous comments indicate that the problem with Social Security is that it is in actuarial imbalance--i.e. it wont continue to pay for itself contrary to Jeffery Baker's claims.  So you ignore those <a href="http://www.outsidethebeltway.com/archives/we_cant_afford_the_bailout/#comment-514275" rel="nofollow">two</a> <a href="http://www.outsidethebeltway.com/archives/we_cant_afford_the_bailout/#comment-514279" rel="nofollow">comments</a> and focus on one quick enumerated comment by me.</p>
<p>By the way note that the second comment actually links to the Trustees report and they too note Social Security is in deficit...actuarial deficit.</p>
<blockquote><p>Over the full 75-year projection period the <strong>actuarial deficit</strong>....<strong>This deficit</strong> indicates that financial adequacy of the program for the next 75...Other ways of reducing <strong>the deficit</strong>....</p></blockquote>
<p>It seems pretty clear from the context I'm right, if perhaps a bit sloppy, and you are wrong and dishonest.</p>
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		<title>By: anjin-san</title>
		<link>http://www.outsidethebeltway.com/archives/we_cant_afford_the_bailout/comment-page-1/#comment-514444</link>
		<dc:creator>anjin-san</dc:creator>
		<pubDate>Tue, 23 Sep 2008 18:52:55 +0000</pubDate>
		<guid isPermaLink="false">http://www.outsidethebeltway.com/?p=25273#comment-514444</guid>
		<description>As usual Bit, you don&#039;t get it.

McCain is traveling around the country, talking about how the awful lobbyists for Fanny and Freddy got us into this mess.

Problem is those same awful lobbyists run McCain&#039;s campaign.

Pretty much all pols lie, but McCain has degenerated into a bald-faced serial liar. It&#039;s sad, he used to be an admirable guy.</description>
		<content:encoded><![CDATA[<p>As usual Bit, you don't get it.</p>
<p>McCain is traveling around the country, talking about how the awful lobbyists for Fanny and Freddy got us into this mess.</p>
<p>Problem is those same awful lobbyists run McCain's campaign.</p>
<p>Pretty much all pols lie, but McCain has degenerated into a bald-faced serial liar. It's sad, he used to be an admirable guy.</p>
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		<title>By: Brett</title>
		<link>http://www.outsidethebeltway.com/archives/we_cant_afford_the_bailout/comment-page-1/#comment-514435</link>
		<dc:creator>Brett</dc:creator>
		<pubDate>Tue, 23 Sep 2008 18:14:32 +0000</pubDate>
		<guid isPermaLink="false">http://www.outsidethebeltway.com/?p=25273#comment-514435</guid>
		<description>To add, I answer your claim which was that the program is already running a deficit. I pointed out that that is bullshit - the records show that revenues for it are greater than the outlays, and will stay that way until about 2020. Do you actually dispute that, and if you do, do you have a source?</description>
		<content:encoded><![CDATA[<p>To add, I answer your claim which was that the program is already running a deficit. I pointed out that that is bullshit - the records show that revenues for it are greater than the outlays, and will stay that way until about 2020. Do you actually dispute that, and if you do, do you have a source?</p>
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		<title>By: Brett</title>
		<link>http://www.outsidethebeltway.com/archives/we_cant_afford_the_bailout/comment-page-1/#comment-514434</link>
		<dc:creator>Brett</dc:creator>
		<pubDate>Tue, 23 Sep 2008 18:12:22 +0000</pubDate>
		<guid isPermaLink="false">http://www.outsidethebeltway.com/?p=25273#comment-514434</guid>
		<description>&lt;blockquote&gt;Brett,

Can you be anymore of a dishonest hack?
&lt;/blockquote&gt;

I fail to see how citing the official budget resource for the program makes me a dishonest hack, but I suppose I wouldn&#039;t, seeing as how I don&#039;t live in Libertopia Land. 

Try again, Steve, and this time add some actual content.</description>
		<content:encoded><![CDATA[<blockquote><p>Brett,</p>
<p>Can you be anymore of a dishonest hack?
</p></blockquote>
<p>I fail to see how citing the official budget resource for the program makes me a dishonest hack, but I suppose I wouldn't, seeing as how I don't live in Libertopia Land. </p>
<p>Try again, Steve, and this time add some actual content.</p>
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		<title>By: Steve Verdon</title>
		<link>http://www.outsidethebeltway.com/archives/we_cant_afford_the_bailout/comment-page-1/#comment-514393</link>
		<dc:creator>Steve Verdon</dc:creator>
		<pubDate>Tue, 23 Sep 2008 16:39:40 +0000</pubDate>
		<guid isPermaLink="false">http://www.outsidethebeltway.com/?p=25273#comment-514393</guid>
		<description>Brett,

Can you be anymore of a dishonest hack?</description>
		<content:encoded><![CDATA[<p>Brett,</p>
<p>Can you be anymore of a dishonest hack?</p>
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		<title>By: Bithead</title>
		<link>http://www.outsidethebeltway.com/archives/we_cant_afford_the_bailout/comment-page-1/#comment-514351</link>
		<dc:creator>Bithead</dc:creator>
		<pubDate>Tue, 23 Sep 2008 12:35:29 +0000</pubDate>
		<guid isPermaLink="false">http://www.outsidethebeltway.com/?p=25273#comment-514351</guid>
		<description>&lt;blockquote&gt;Interesting to note that McCain&#039;s campaign chairman was a lobbyist for Fanny and Freddy promoting minority home ownership...
...
Just a counterpoint to the endless whining and schreeching from the right that &quot;it&#039;s all the Democrats fault&quot;...&lt;/blockquote&gt;

Just so you know, Anjin, there&#039;s a difference between promotion of minority home ownership, and  promotion of re-writing lending rules to accomplish that goal. Unless that is, you&#039;re going to aver that minorities are always and forever, deadbeats. In which case, I can&#039;t help you.</description>
		<content:encoded><![CDATA[<blockquote><p>Interesting to note that McCain's campaign chairman was a lobbyist for Fanny and Freddy promoting minority home ownership...<br />
...<br />
Just a counterpoint to the endless whining and schreeching from the right that "it's all the Democrats fault"...</p></blockquote>
<p>Just so you know, Anjin, there's a difference between promotion of minority home ownership, and  promotion of re-writing lending rules to accomplish that goal. Unless that is, you're going to aver that minorities are always and forever, deadbeats. In which case, I can't help you.</p>
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		<title>By: Rick DeMent</title>
		<link>http://www.outsidethebeltway.com/archives/we_cant_afford_the_bailout/comment-page-1/#comment-514350</link>
		<dc:creator>Rick DeMent</dc:creator>
		<pubDate>Tue, 23 Sep 2008 11:14:15 +0000</pubDate>
		<guid isPermaLink="false">http://www.outsidethebeltway.com/?p=25273#comment-514350</guid>
		<description>not to mention the loss of revenue to the GF if payroll tax were eliminated, unless of course you are thinking about eliminating the programs but keeping the payroll tax.</description>
		<content:encoded><![CDATA[<p>not to mention the loss of revenue to the GF if payroll tax were eliminated, unless of course you are thinking about eliminating the programs but keeping the payroll tax.</p>
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		<title>By: Brett</title>
		<link>http://www.outsidethebeltway.com/archives/we_cant_afford_the_bailout/comment-page-1/#comment-514342</link>
		<dc:creator>Brett</dc:creator>
		<pubDate>Tue, 23 Sep 2008 05:48:18 +0000</pubDate>
		<guid isPermaLink="false">http://www.outsidethebeltway.com/?p=25273#comment-514342</guid>
		<description>&lt;blockquote&gt;1. There is currently a deficit for Social Security.&lt;/blockquote&gt;

Perhaps you should actually reference some valid sources before throwing around a comment like that. According to the &lt;a href=&quot;http://www.cbo.gov/ftpdocs/96xx/doc9649/SSTOC.2.1.htm&quot; rel=&quot;nofollow&quot;&gt;Congressional Budget Office&lt;/a&gt;, Social Security is currently running a surplus, with revenues exceeding outlays. That&#039;ll change after about 2020, but to say that there is a deficit now is disingenuous.</description>
		<content:encoded><![CDATA[<blockquote><p>1. There is currently a deficit for Social Security.</p></blockquote>
<p>Perhaps you should actually reference some valid sources before throwing around a comment like that. According to the <a href="http://www.cbo.gov/ftpdocs/96xx/doc9649/SSTOC.2.1.htm" rel="nofollow">Congressional Budget Office</a>, Social Security is currently running a surplus, with revenues exceeding outlays. That'll change after about 2020, but to say that there is a deficit now is disingenuous.</p>
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		<title>By: anjin-san</title>
		<link>http://www.outsidethebeltway.com/archives/we_cant_afford_the_bailout/comment-page-1/#comment-514340</link>
		<dc:creator>anjin-san</dc:creator>
		<pubDate>Tue, 23 Sep 2008 03:54:04 +0000</pubDate>
		<guid isPermaLink="false">http://www.outsidethebeltway.com/?p=25273#comment-514340</guid>
		<description>Just a counterpoint to the endless whining and schreeching from the right that &quot;it&#039;s all the Democrats fault&quot;...</description>
		<content:encoded><![CDATA[<p>Just a counterpoint to the endless whining and schreeching from the right that "it's all the Democrats fault"...</p>
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