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CINCINNATI -- Kroger Co. here is facing challenges around the country as it moves forward in its efforts to consolidate its operations with that of Fred Meyer Inc., Portland, Ore., the 900-store chain Kroger acquired in May. The challenges run the gamut from transferring more than 100 executive positions -- most but not all from Fred Meyer headquarters in Portland -- to Kroger headquarters here, to dealing with protests by an International Brotherhood of Teamsters local in Arizona over ...
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The injury-excuse meme begins anew for Sparty hoops
Only One Wolverine on a D-League Roster, But Lots of Spartans and Buckeyes
The NBA D-League season starts this week. I just scoured every roster, and only one former Wolverine is there: Manny Harris is a member of the Los Angeles D-Fenders.
But you'll find plenty of OSU and MSU players in the D-League. Ex-Spartans Kalin Lucas, Keith Appling and Durrell Summers are all in the D-League, as are OSU's William Buford, Lenzelle Smith and (yes!) Aaron Craft.
Moral of the story: Beilein is putting guys into the NBA, while Izzo and Matta are putting players into the D-League.
Caris LeVert = Jamal Crawford?
I know there's a ton of differences and I'll be honestly, I was not really in tune to M basketball when Crawford was here....BUT after remembering threads about comparing Caris' game to other players last year and then seeing a Crawford highlight video, their games seem very similar.
Thoughts? I just want to talk about basketball and I think Caris is about to blow up!
I'll let others take care of the embedding for me if anyone cares, but this is the highlight video of Crawford I was watching. https://www.youtube.com/watch?v=8b-m0CZwS3g
UNC To Face Accrediting Inquiry for Academic Fraud
The shot across UNC's bow has been fired by the Southern Association of Colleges and Schools Commission on Colleges accrediting agency.
The public university could face warnings or probation as a result of the academic fraud findings, which showed student-athletes accounted for nearly half of enrollments in "irregular classes" over an 18-year period.
But the school is unlikely to lose its membership in the group, said Belle Wheelan, president of the Southern Association of Colleges and Schools Commission on Colleges.
"We don't just drop schools," she said. "We give them time to fix things that are wrong first."
The possibility was first raised at mgoblog.com in an October 29 post:
Does Roy Williams and/or Larry Fedora get fired over this?
Note: I don't think this is OT as it surely will be a consideration in President Schlissel's pursuit of an Athletic Director.
Source is revealed about Burke leaving after FR year
Jeff Goodman has finally revealed his source about who told him that Trey Burke was declaring for the draft after his freshman year.
Don't worry, that wasn't written by Duffy or JMac. Jason Lisk did a solid interview.
If you don't want to read, Goodman says that Burke texted him and told him he was leaving, but his dad and Beilein convinced him to stay.
Michigan vs Wayne St Full Game
Apologies for being late but hre is the full game for those who didnt see the game. In the future i will try to have the games uploaded the same day. Enjoy GO BLUE!!!!

subset: commoncrawl


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JACK Sync: A Primer For Linux Users
Recently I've been working with the transport synchronization capabilities of the JACK audio server. This article is a report on those capabilities as tested with a variety of Linux audio applications under the JAD and 64 Studio distributions.
JACK: The 1-minute Profile
By now everyone in the Linux music and sound world has heard about Paul Davis's JACK audio server and transport control system. By way of introducing this article and for the benefit of the remaining few people who don't yet know about it I'll briefly review JACK's more salient characteristics.
JACK's name is a recursive acronym for "JACK audio connection kit". The kit provides a system for freely connecting independent audio data I/O points, thus allowing the audio output from one JACK-savvy application to be sent to the audio input of any other JACK-aware client. The system supports multiple connections to and from any audio I/O points, and all data streams are synchronized to sample-accuracy.
As a sound server, JACK operates between the low-level sound system drivers and any JACK-aware client applications, managing the flow of multiple freely interconnected audio data streams. The system has been designed for professional use, and it has become an expected feature in Linux audio software. JACK has been extended recently to handle MIDI data streams in sample-sync with its audio I/O, an especially exciting development for those of us who await a MIDI-capable Ardour.
JACK was also designed from the start with a transport control system that would synchronize the operation of any subscribed clients, and that system is the focus of this article.
Synchronization: A Little Background
In the sound and music software world, synchronization typically refers to the precise timing of audio events with video, MIDI, and other event streams. Accurate synchronization of audio and video events is a critical part of movie production. Sounds must occur at the precise times of their associated visual cues, and our aural acuity will notice very quickly when sound and image don't correspond. What seems to be a simple problem turns out to be a complicated procedure, thanks to the different timebases used for audio and video, hence the need for some means of synchronizing disparate event streams.
In Ye Olden Tymes film composers calculated event correspondences with stopwatch and pencil. They let machines do the math now, but there is still a need to understand synchronization arcana such as the variety of SMPTE frame rates and how to successfully utilize MTC.
The advent of the MIDI sequencer ushered in an new crop of synchronization problems and solutions. First, sequencers and drum machines needed to be synchronized with each other (or with other sequencers and drum machines), hence the development of various MIDI synchronization protocols such as frequency shifted keying (FSK), song position pointer (SPP), and "smart" FSK sync. Next, the MIDI studio wanted to integrate with the tape studio. Since most tape recording studios already used SMPTE timecode as a synchronization solution it seemed only natural that the MIDI studio should adopt SMPTE as well. The original MIDI specification made no provision for carrying SMPTE timecode signals over a MIDI cable, so the spec was eventually extended to define an encoding of SMPTE into what is now known as MIDI Time Code (MTC).
The marriage of the MIDI sequencer and the hard-disk recorder brought in another synchronization headache. Computer-based recordists quickly discovered that the timing of audio tracks and MIDI tracks tended to drift apart after a few seconds of simultaneous play. This problem prompted the development of solutions for synchronizing audio and MIDI tracks within the same application, paving the way for the development of the modern audio/MIDI sequencer.
The JACK Transport Control System
The ability to manage multiplexed audio I/O is impressive, but it isn't worth much during recording or playback if the various tracks, channels, and streams don't stay in time with one another. To make that happen, JACK supplies a transport control subsystem. The system provides sample-accurate synchronization of streaming audio I/O, and any client that supports the JACK transport control can operate or be operated by any other similarly aware client. In a typical scenario where two or more applications agree to use the JACK transport control, any client can behave as the control master, thus eliminating the need to designate a master client. The transport timebase (i.e. the musical tempo) is set and maintained by only one of the clients, but it remains in effect regardless which application acts as the master control.
This transport control system is an integral component of JACK, and it is completely transparent at the user level. No extra software is required: When you load the jackd daemon you've loaded the transport control system as well. The client application's transport UI is used as it would be without JACK, and the user has no contact with the system's underlying details.
Space limits forbid an in-depth discussion of those details here, but interested readers can find full technical documentation of the system on the JACK Web site at jackaudio.org. Developers of audio and MIDI software for Linux and OSX are especially welcome and are encouraged to integrate JACK support into their own software.
JACK Sync In The Studio
Synchronizing with JACK is usually a straightforward process. My first example is typical: I started QJackCtl, Rui Nuno Capela's excellent GUI for controlling JACK, then I started the latest MusE sequencer (version 0.9) with no special options. MusE recognized JACK instantly, and I could control the start/stop and rewind/fast-forward functions at any time from either QJackCtl or MusE.
Next I tried synchronizing Ardour and the seq24 MIDI sequencer. Seq24 works in two edit modes, a pattern composer and a performance arrangement editor (seq24's Song Editor), and it is designed to operate in only one of those modes at any time.
Seq24's Files/Options dialog includes the JACK Sync tab seen in Figure 2. Unlike MusE, seq24 has a variety of options to condition its behavior with JACK. Each option works as reported by the tooltips help: JACK Transport enables seq24's status as a peer client, Transport Master attempts to set seq24 as the master controller, and Master Conditional will set seq24 to master status only if there is no other master defined elsewhere. The Live and and Song mode buttons determine which mode JACK will control (it can only do one at a time), and the Connect/Disconnect bars should be self-explanatory.
This example also illustrates how JACK handles different transport capabilities. By design, seq24 has no manual rewind controls, it automatically rewinds the pattern or song back to its beginning (or to the start of a designated loop in the Song Editor). The start/stop controls work perfectly, as does the autorewind, yet it also behaves as expected when controlled by the rewind buttons in Ardour or QJackCtl. Figure 3 shows off this synchronized network in action, with QJackCtl acting as the master transport control while Ardour records the audio output from QSynth (as played by the JACK-sync'd seq24). Yes, it's cool and a lot of fun.
My next experiment put Ardour in sync with a video display utility named xjadeo. Xjadeo was designed as a video monitor "assistant" specifically for the synchronization of audio samples with video frames. It is definitely not intended for general-purpose video file playback.
As previously, I set Ardour's sync status to JACK and Time Master, then I started xjadeo with this command line :
xjadeo -i 3 foo.avi
Xjadeo's bare appearance (Figure 4) conceals a powerful helper application. Its feature set includes various controls for frame rate and timecode display (the -i switch), color equalization controls, and the capability to sync via MTC (MIDI Time Code) instead of JACK. Again, space forbids a complete presentation of xjadeo and its features, but considering its price (free) and availability (free) you could just check it out for yourself.
The experiment was once again anticlimactic. Everything worked as advertised, I could control xjadeo's transport from either Ardour or QJackCtl to sync the audio and video streams, and I was a happy fellow. Even in my simple test it was easy to see how the program could be put to serious use.
For my last test I connected the audio output from the Hydrogen drum machine into an audio recording track in the Rosegarden sequencer. As usual, QJackCtl was also employed.
Setting Hydrogen for JACK sync is easy enough. Make sure the audio driver of choice is JACK (in the Tools/Preferences dialog), then click the JACK Trans button in Hydrogen's track display (see Figure 5). That's it, Hydrogen will now behave as the transport master or slave.
Setting up Rosegarden requires more navigation, but the process is equally straightforward. Go to the Settings/Configure Rosegarden panel, click on the Sequencer Settings icon, then select the Synchronization tab. Set the JACK transport mode to Sync, apply the changes, then click OK (Figure 6). Now Rosegarden shares JACK transport peer status with Hydrogen and QJackCtl.
And yet once more it all worked as advertised. One extra step was added: I had to manually connect the stereo outputs from Hydrogen to the inputs for the Rosegarden track, a trivial task quickly completed in QJackCtl's audio connections panel. I also had to start from Rosegarden if I wanted to record the drum track. Alas, the sequencer's Record status is not available to the transport control.
JACK vs. ReWire
JACK is sometimes referred to as the Linux equivalent of ReWire, an audio/MIDI connection and transport protocol for Windows and Macintosh sound and music software. I have no Windows system here at Studio Dave, but a comparison of features revealed that JACK and ReWire indeed share some common design concerns. Both provide audio routing with flexible I/O and a master transport control system, and both are freely available. However, ReWire is available free of charge only to developers of proprietary software. JACK is GPL'd open-source free software, available at no charge to anyone, anywhere, anytime.
JACKing Out
At the start of this article I referred to "Paul Davis's JACK". Paul is indeed the chief architect and head honcho in charge of JACK, but his software has become the work of many hands. Its thriving development community ensures JACK's maintenance and further evolution: MIDI support is already available in versions >= 0.103.00, JACK for OSX exists now, and a rumored Windows port may yet see the light of day. Speaking personally, I'd like to see more applications incorporate the JACK transport control. For example, the LiVES video editor supports the JACK audio server, but it would be very cool if it also supported the transport control. Video editors are a natural choice, but other audio applications such as trackers and soundfile editors might make good candidates for JACK sync.
Similis sum folio de quo ludunt venti.
Setting Rosegarden for JACK sync in version 10.02 ("Thorn")
Edit > Preferences > General > Behavior: check "Use JACK transport"
a r s
Hi Dave!
We started the discussion of your article and one of the board members reported that he had got troubles with synchronization. To solve them he had to set the same tempo in each application.
In section "The JACK Transport Control System" You wrote:
The transport timebase (i.e. the musical tempo) is set and maintained by only one of the clients, but it remains in effect regardless which application acts as the master control.
As far as I understand Master Track will be used from the only chosen application and it doesn't matter what application is the master contol. The question appears how to setup one of the applicatons to provide its Master Track to others.
This question is left outboard in the article, but it has essential meaning.
Same tempo
Indeed, one of the applications acts as a timebase master. The others should honor the tempo dictated by the timebase master - looks like they failed to do so in your case.
What do you mean by `Master Track'? A tempo-map? Indeed, if your piece does not have a fixed tempo, the synchronized applications will need to have some way of communicating the tempomap. Jack doesn't offer any infrastructure for this afaik. Another option might be to sync to the bar/beat/tick (BBT) information, but that doesn't seem to be widely used yet, and might require communicating (and agreeing on) a time signature map instead.
Russian translation
Hi, Dave!
Since you are copyright holder, Linuxjournal's administration refered me to you.
I've translated some of your great articles into Russian and I'd like you to
allow their publication at http://linuxmusic.ru certainly with the link to
original. There is little information about making music under Linux in Russian and
your permission will help us to form a russian community.
The articles mentioned above are JACK Sync: A Primer For Linux Users
At the Sounding Edge: Introducing seq24
Are there any special terms for publishing them?
Yours truly, Deo.
using my articles
Hi Deo,
It's certainly fine with me if you use/translate those articles for your site, as long as it's okay with the powers-that-be at LJ. I've written to my editor for further advice, I'll post another reply here after I hear back from her.
Similis sum folio de quo ludunt venti.
Frankly speaking, this site doesn't belong to me, I'm just an interpreter of your articles.
I'd like to get your permission for publishing the translations becouse this information will be useful for many other Russian-speaking people.
I consider it to be my little contribution to open source.
republication policy
Hi Deo,
I heard from my publisher. Basically, after the articles have been published their copyrights revert to me. All you need is my permission (which you have now), and LJ asks that you mention that the article was published originally by the Linux Journal.
Let me know if you have other questions. I can also be reached via email: dave at linux-sound.org
Btw, the site looks very good, I hope you have great success with it. :)
Similis sum folio de quo ludunt venti.
sync video with ardour
You have mentioned xjadeo in passing. I tried getting it to work with Ardour but cannot figure out how to synchronise. Searched all over but no guide or manual seems to exist. It's probably a simple step but I am completely clueless as to how to start on it. Whenever I play, the video always goes back to the beginning. How to set it to start at a predefined sync point with audio track?
Can't seem to get Jack working
I have what I think to be an Ubuntu Gutsy problem, versus a Jack problem - but I tried for hours to get Jack to work with my Presonus Inspire GT to no avail. I see my inspire in the Device manager in Ubuntu, but cannot get in synched with anything and the blue light does not come on. Unfortunate, because Ardour and Jack are just what I was looking for.
author's reply
Hi Mike,
Search the Presonus forums for "Linux". I think your hardware is not supported yet, sorry. :(
author's update: JACK does Windows
JACK developer Stephane Letz has informed me that JACK is already working on Windows. Very cool news, and for more information you can read about it in Peter Kim's article :
what's in a name
Sorry, that's Peter Kirn, not Kim.
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With all the industry talk about the benefits of Linux on Power and all the performance advantages offered by its open architecture, you may be considering a move in that direction. If you are thinking about analytics, big data and cloud computing, you would be right to evaluate Power. The idea of using commodity x86 hardware and replacing it every three years is an outdated cost model. It doesn't consider the total cost of ownership, and it doesn't consider the advantage of real processing power, high-availability and multithreading like a demon.
This ebook takes a look at some of the practical applications of the Linux on Power platform and ways you might bring all the performance power of this open architecture to bear for your organization. There are no smoke and mirrors here—just hard, cold, empirical evidence provided by independent sources. I also consider some innovative ways Linux on Power will be used in the future.Get the Guide


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I have been hearing rumors from a couple of people that Isoray's chief operating officer is working with ADMD, they are working on the regulatory path forward for ADMD.
They might as well not hold back and anounce it tomorrow. We need an update of some sort from the company. All 200 of us are standing by the company and we deserve some news! :-)
In some highly remote way I could see this working. If IsoRay took some ownership in ADMD then the RadioGel could further fill out their pipeline or if it was approved then IsoRay - ADMD would have a more complete product assortment to the market place. This rumor is extremely remote in my opinion, yet some of the MA we have seen in Pharma this year already who knows. Other companies are trading technology and/or whole divisions of their companies in order to unlock efficiency in their bread and butter divisions.
Talk about a rumor though.
Why is it you moron pumpers are the only ones that ever hear these rumors? Last week it was an acquisition. Now this BS. Never any links or proof just hype. Are you CEO Jim Katzaturd?
And you moron bashers don't get it. Yes I am the CEO. My suggestion, this is a great buying opportunity, buy as much as you can...
You are an idiot. Stop your garbage rumors and keep dreaming ADMD will catch a ride on ISR's coattails. The only rumor about that is this post YOU just posted. Nobody, and I mean nobody, would believe such garbage. How dare you try to smear the good name of ISR. Shame on you. Shame shame. Sell now, take your loss like a man, and join us on the ISR board, or the winner's circle as it is often referred.


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integrate Archives
Industry Leaders of Arizona take spotlight
Az Business magazine is proud to present the Industry Leaders of Arizona (ILoA) Awards, which recognize the contributions and impact of Arizona‐based companies in five key industries — commercial real estate, education, entertainment, manufacturing and technology. The 30 finalists for this year's ILoA Awards are profiled on the following pages. Winners will be recognized at… Read More →
Integrate Grows And Gives
Integrate, a Scottsdale-based marketing automation software company, is growing and giving this spring. Integrate is tripling its office space and preparing to hire 50 new employees. At the same time, the company is holding a food drive to help restock St. Mary's Food Bank. Integrate is preparing to move its headquarters to Scottsdale Portales, increasing… Read More →


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• A variety of surgical procedures are performed to open the nasal airway chronically obstructed by hypertrophic inferior turbinates. Because the results are universally unsatisfactory, we suggest bilateral total inferior turbinectomy to patients in whom medical therapy fails. One hundred fifty patients were followed up for one to seven years (mean, 2½ years) and the results of the follow-up were assessed clinically via questionnaire and chart review. Patent nasal airway resulted in 91% of the patients. Eighty percent of the patients reported improvement in nasal breathing, and 14 (27%) of the 51 patients who suffered from nasal drainage preoperatively reported that it had stopped after the operation. Of the 39 patients who had anosmia preoperatively, 46% reported the restoration of their sense of smell. Postoperative complications are minimal, and no patient complained of crusts, dryness, or foul odor.
(Arch Otolaryngol 1985;111:93-95)
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If you want one that's really going to last, you might want to consider metal roofing.
In today's Angie's List report, how it compares to traditional materials.
"It's the most durable roof you can put on your house, it's also the most energy efficient you can put on your house, and lastly it's the least maintenance that is required of any roofing in the industry," said Roofing Company Vice President, Ryan Westfall. "The only con to a metal roof is the cost. If you can afford a metal roof it's the way to go. It will be the last roof you ever put on."
"Insurance is really important when it comes to roofers because let's face it they are on your roof, on ladders, and on your property," said Angie's List Owner, Angie Hicks. "You want to be sure your contractor has both general liability and worker's compensation insurance. Ask for proof of insurance and call and confirm that it's still valid. This is important because any contractor that won't show you this proof of insurance, you need to walk away from."
"We chose the metal roof for its look," said Homeowner, Douglas Wood. "Very Florida-like... For its longevity and maintenance-free."
"What a lot of homeowners don't know is that metal roofs come in an assortment of colors," said Westfall. "You can get white, brown, black, and beige, gray. Any color you want really. There is actually a very large color palette for metal roofs."
"We chose the metal roof for its look," said Wood. "Very Florida-like. For its longevity and maintenance-free."
"A good rule of thumb is you have three active leaks on your roof and your roof is more than 12-years-old, it's time to start considering replacing your roof," said Westfall.
As you weigh the pros and cons of metal roofing, Angie's List said don't forget to check with your homeowner's association and your city to find out if metal roofs are allowed in your neighborhood.


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Go extension -Chrome browser extensionsDiscussion -
There's a hidden T.Rex game on your google chrome. Have you ever played it before? If not, it is reasonable and predictable because you can play this hidden game only when the internet cuts out in the latest version of google's browser. You don't need to add any broswer extension in order to play this interesting game. The dinosaur shows up when chrome can't connect to the Internet.
Add a comment...


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There are NBA free agency moves available this summer that will create instant championship contenders around the league.
With Chris Paul likely off the market, set to re-sign with the Los Angeles Clippers, Dwight Howard remains as the premier prize of the 2013 class.
Besides Howard, though, there are also other moves that can be made to solidify a team's chances of competing for an NBA title instantly.
These moves include acquiring one critical free agent capable of launching a team who finished outside of the playoffs in 2013 into the championship discussion moving forward. They also include dramatically improving playoff teams who struggled to advance, along with rejuvenating the efforts of contenders from a season ago.
The moves that would create an instant contender are listed according to the chances each team would have of winning a championship by acquiring the free agent highlighted.


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162 reviews | 4.7 out of 5
This peanut butter is almost equivalent to the brand names. It is not as creamy, which is probably a good thing, since natural products are not as creamy. However, the difference between this and the brand names is very slight. In comparing ingredients I could not notice any difference, except that this peanut butter uses molasses, which I see as a good thing since it costs a bit more. However, the big reason to buy this peanut butter is the low price. The price is around the same as you would pay for the brand name when they have it on sale. I generally only want to buy peanut butter when it is under $2.50 per pound unit price. The reason why I bought this product is because peanut butter is one of my staple foods. I need it to feel happy. I eat a large portion around four times a week.
Great Value brand is sometimes better than regular brands and it is a great price.
This a great item at a great price!
This has become my all time favorite peanutbutter! I must eat it everyday!
I like great value it's more peanut flavor
I am a long time Jif user, but twice a year I make a p-nut butter frosting for my husband's spice cake. I always look for a lower price p-nut butter and last month saw the Great value brand and it was the lowest costing p-nut butter available. I have gone to using Great Value brand since most items have been as good if not better then the name brand. I was pleasantly surprised that the p-nut butter was just as good and switched to using it full time. My husband is not sure what it is but said it was okay, but something was off and so next time I will be going back to Jif, but if I am ever in a financial crunch I can confidently use the Great Value brand and I will be using it when I purchase p-nut butter for the cake frosting.
A great product no oily film to stirr or after taste in your mouth, As good as any name brand that I have ever bought..Easy to spread evenly and smoothly upon bread or tender crackers with out tearing the bread or breaking the cracker...Easy blend into homemade peanut butter cookies mix...Does not have excess oils to make your cookies crumble....Exceptional product !!!!
This product is really good. I can't tell the difference from it and jiffy. My grandkids even like it
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Tyrone Melvin Sanker, 61, of Harpers Ferry, passed away on Friday, Dec. 13, 2013, at his residence.
Born Jan. 11, 1952, in Warrenton, Va., he was the son of the late Susan Sanker.
Ty was a courageous, young soldier during his first tour of duty during the Vietnam War. He reports he was only 17 years old when he enlisted the first time.
Article Photos
Tyrone M. Sanker.
Fortunately, after his first tour of Vietnam, he made it back home to Washington, D.C.
As an adult, he became eager to re-enlist. He wasn't done yet, he wanted to become a Marine. When he re-upped in the middle of the 70's, Tyrone trained to be a sharpshooter in the Marine Corps. This was during his second tour of duty, which was during the latter half of the Vietnam War.
He was in the South Vietnamese Capitol of Saigon during those last days. The city was invaded, and the citizens ran for their lives and sought shelter in the American embassy. Sadly, the embassy was stormed by the North's Viet Cong Commando and many lives were lost.
Ty previously worked at the Martinsburg Veterans Hospital on the grounds and in the maintenance shop, detailing government vehicles. His final job there was in the housekeeping department at the hospital.
Ty is survived by his companion, Drinda Franzen of Harpers Ferry.
Memorial services will be held at 1 p.m. on Sunday, Dec. 29, 2013, in the Main Chapel, second floor, at the Veterans Medical Center, 510 Butler Avenue, Martinsburg, WV 25401.
Condolences to the family may be expressed at his obituary at www.eackles-spencerfuneralhome.com.


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Wednesday, March 5, 2014
Don Kassing of Summerville pours his many talents into strengthening the Lowcountry community and serves as one of the leading individuals in philanthropic service in the tri-county area. Because of his great efforts, Kassing has earned Trident United Ways Community Builder of the Year Award.
This past year, Kassing led Trident United Ways Day of Caring, the largest community volunteering day in the Lowcountry. He has served as the Trident United Way campaign chair and board chair.
He is also a member of the board of trustees at Pinewood Preparatory School in Summerville.
Several other individuals and organizations were also recognized with Trident United Way awards for their outstanding volunteer efforts to the Charleston community.
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text: Home » England » North East » Northumberland Best hotels in Northumberland from the Good Hotel Guide Search for a hotel by double-clicking on the map or clicking the plus sign to zoom in. Hotels in Northumberland The Hermitage, HEXHAM, Northumberland In a 'charming setting' at the end of a long drive, Katie and Simon Stewart's 'beautiful' stone-built house is 'very traditional, but just lovely'. There is 'a true country house atmosphere': the home Thistleyhaugh Farm, LONGHORSLEY, Northumberland Guests are 'guaranteed a warm welcome' at this 'beautiful' Georgian farmhouse on the banks of the River Coquet. It is owned and run by Enid Nelless, 'who makes it so special, with her friendliness and St Cuthbert's House, SEAHOUSES, Northumberland In this colourful harbour village on the 'beautiful' Northumberland coast, this former Presbyterian church has been 'lovingly' restored into a B&B by musicians Jill and Jeff Sutheran, 'great hosts'. Battlesteads, HEXHAM, Northumberland 'We were once again impressed with the quality of accommodation, food and facilities,' say guests returning to this eco-friendly hotel and restaurant on the edge of the Northumberland Shieldhall, WALLINGTON, Northumberland Celia and Stephen Robinson Gay run their welcoming B&B with their daughter, Sarah, and son-in-law, John. Overlooking the National Trust's Wallington estate, their stone-built house has a beautiful Barrasford Arms, HEXHAM, Northumberland There is a 'relaxed, pleasant' atmosphere at this 'very attractive old pub' in a quiet village near Hadrian's Wall. Popular with locals, the 'welcoming' bar has an open fire and hand-pulled ales. In Chatton Park House, CHATTON, Northumberland Husband-and-wife team Paul and Michelle Mattinson are the 'most welcoming' hosts at this B&B, in an imposing Georgian house on a peaceful country estate on the edge of Northumberland The Lord Crewe Arms, BLANCHLAND, Northumberland In an 'unbeatable' setting in the North Pennine moors, this old inn has been thoroughly modernised by the owners of Calcot Manor, Tetbury (see entry). They have retained the character of St Mary's Inn, MORPETH, Northumberland In countryside near Morpeth, the administration building of a disused Victorian hospital has been remodelled into a 'pub and B&B' by Peter Candler, who also runs nearby Jesmond Dene


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The American Indian College Fund received a $100,000 grant from the Highland, California-based San Manuel Band of Serrano Mission Indians. The grant will be divided to support several major initiatives: $50,000 will support the San Manuel Band of Serrano Mission Indians Tribal College Scholarship Program; $25,000 will go towards the Sovereign Nations Scholarship Fund Endowment, which provides scholarships to Native American students in perpetuity; and $25,000 will support expenses for the American Indian College Fund's annual fundraiser, the Flame of Hope Gala, on Thursday, October 20, in Denver, Colorado.
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June 9, 2011
Thanks to your assistance to the American Indian College Fund's Flood Emergency Fund, our tribal college communities impacted by rising waters along the Missouri River and its tributaries can cope better with the ongoing situation.
The CIGNA Foundation Grants $29,000 to American Indian College Fund for Native Scholarships
June 8, 2011
The CIGNA Foundation has granted $29,000 to the American Indian College Fund (the Fund) to support Native scholarships through the Tribal Scholars Healthcare Program. The gift will provide scholarships to Native students studying at select tribal colleges and universities and mainstream institutions.
American Indian College Fund Receives Grant from Hilton Worldwide for Scholarships
June 6, 2011
The American Indian College Fund received a grant from Hilton Worldwide to support the Hilton Worldwide Tribal College Hospitality Scholarship Program for the 2011-12 academic year. Hilton Worldwide, a renowned global leader in the hotel and hospitality industry, will provide scholarships for students studying hospitality or business at Blackfeet Community College, Mont.; Lac Courte Oreilles Ojibwa Community College, Minn.; or Southwestern Indian Polytechnic Institute, N.M.
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June 1, 2011
Tribal College Flood Relief Needed! Flooding has created disaster conditions at two tribal colleges: Little Big Horn College in Eastern Montana and United Tribes Technical College in Bismarck, North Dakota. While massive flooding threatens the surrounding communities, these tribal colleges are serving as the command centers for the disaster, providing shelter, food, and clothing to those in need. Resources are desperately needed to sustain their relief efforts.
The Hershey Company Grants $22,000 for Native student scholarships
May 24, 2011
The Hershey Company granted $22,000 to the American Indian College Fund (the Fund) for Native student scholarships.
Two Spirit Endowment Honors Memory of Fred C. Martinez
May 16, 2011
Fred C. Martinez, a young Navajo man, was brutally murdered after deciding he didn't want to choose between being a boy or a girl. Fred self-identified as a gay male, but also expressed the feminine aspect of his personality in his dress and self-presentation. In Navajo culture, this concept is known as nádleehí.
International Game Technology Awards $25,000 to The Fund for Native Scholarships
May 10, 2011
International Game Technology (NYSE: IGT), headquartered in Nevada, granted $25,000 to the American Indian College Fund (the Fund) to support Native scholarships.
2011 Citi Career Expo
May 1, 2011
Citi Foundation sponsored the 2011 Citi Career Expo, held April 29 at the Sisseton Wahpeton College Auditorium in Sisseton, South Dakota.
The Coca-Cola Foundation and The Fund Honor 36 Coca-Cola First Generation Scholarship Winners
April 21, 2011
The Coca Cola Foundation and the American Indian College Fund honored 36 American Indian scholarship recipients at its 2010-11 Coca-Cola First Generation Scholarship banquet at the American Indian Higher Education Consortium Student Conference in Bismarck, North Dakota.
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I know, I'm not going to harp on this all the time. But after my previous post I read up a bit more on what the doings of the Republican Governors Association.
They really are on the ball. They already had a graphic for the point I was making the other day: The make up of the US House of Representatives, as well as a number of state legislatures, depends on governors who will be elected in November.
Click the image for the full size version. There's also a PDF if you have a use for it.
They're not kidding around. You don't hear about them antagonizing one faction or another of the party. They're about winning elections for Republicans. They're about beating Democrats. I hope we can support them on that. Not just for the elections this year, but for the 2012, 2014, 2016, 2018, and 2020 House elections as well.


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After many years of writing in her prayer journal, missionary Sarah Young decided to listen to God with pen in hand, writing down whatever she believed He was saying to her. It was awkward at first, but gradually her journaling changed from monologue to dialogue. She knew her writings were not inspired as Scripture is, but journaling helped her grow closer to God. Others were blessed as she shared her writings, until people all over the world were using her messages. They are written from Jesus' point of view, thus the title Jesus Calling. It is Sarah's fervent prayer that our Savior may bless readers with His presence and His peace in ever deeper measure.
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Tracking Matthew
2 vehicles stolen from familyUPDATED 5:51 PM EST Dec 26, 2012
It was a surprise on Christmas morning but not a surprise anybody would want. Two cars were stolen from one family.
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UNEMPLOYMENT 1. The natural rate of unemployment is the a. unemployment rate that would prevail with zero inflation. b. rate associated with the highest possible level of GDP. c. difference between the long-run and short-run unemployment rates. d. amount of unemployment that the economy normally experiences. 2. Cyclical unemployment refers to a. the relation between the probability of unemployment and a worker's changing level of experience. b. how often a worker is likely to be employed during her lifetime c. year-to-year fluctuations of unemployment around its natural rate. d. long-term trends in unemployment 3. Cyclical unemployment is closely associated with a. long-term economic growth. b.short-run ups and downs of the economy. c. fluctuations in the natural rate of unemployment. d. seasonal fluctuations in spending. 4. Which of the following is correct? a. Some degree of unemployment is inevitable. b. Other things the same an increase in the number of people who are unemployed decreases real GDP. c. Cyclical unemployment is inversely related to short-run economic fluctuations. d. All of the above are correct.
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5. Data on unemployment is reported a. weekly. b. monthly. c. quarterly. d. yearly. 6. Unemployment data is collected a. from unemployment insurance claims. b. through a regular survey of about 60,000 households. c. through a regular survey of about 200,000 firms.
d. Unemployment data is collected using all of the above. 7. The labor force equals the a. number of people who are employed. b.
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text: r anamerari | Digital Scrapbooking at Scrapbook Flair Home Galleries Groups Challenges Blogs Forums Members Downloads MarketPlace Store Archive Join Login offline Joined: Jul 25, 2012 Last Logon: Jan 28, 2013 anamerari's Home Page www.scrapbookflair.com/anamerari I love doing crafts.I am in love with scrapbook page that I want to share my creations. I am interested in exchanging ATC, paper snowflakes, kirigami and mail art. {Estou interessada em trocar ATC,paper snowflakes,kirigami e mail art} anamerari is from sao luis, Maranhão, Brazil anamerari's Scrapbooks Bride When love reaches us When love reaches us email it » view all anamerari's scrapbooks anamerari's Favorite Scrapbooks » view all anamerari's favorite scrapbooks anamerari's Friends anamerari has 32 friends » view all anamerari's friends anamerari's Fans anamerari has 3 fans » view all anamerari's fans Renew/Upgrade Membership Gallery Groups Blog Friends Favorites Tags Post and Share this page on Blogs and other Websites by copying and pasting this link: http://www.scrapbookflair.com/anamerari anamerari's home page has been visited 1110 times. About Us Bookmark Contact Us Designer Members FAQs Fan Mail Help Link to Us Membership News Privacy Search Site Rules Suggestion Box Tell a Friend © 2006-2016, Patent Pending, Aurora Digital Imaging, Ltd. Beta 5.0 The most fun digital scrapbooking site on the Internet. Free digital scrapbooking software, scrapbook templates, scrapbook embellishments and backgrounds. Beautiful scrapbook prints and photobooks.


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Skip to comments.What Happened to the $2.6 Trillion Social Security Trust Fund? (Madoff would be proud)
Posted on 07/14/2011 12:43:38 PM PDT by Hojczyk
Well, either Obama and Geithner are lying to us now, or they and all defenders of the Social Security status quo have been lying to us for decades. It must be one or the other.
Heres why: Social Security has a trust fund, and that trust fund is supposed to have $2.6 trillion in it, according to the Social Security trustees. If there are real assets in the trust fund, then Social Security can mail the checks, regardless of what Congress does about the debt limit.
President Obamas budget director, Jack Lew, explained all this last February in USA Today:
Social Security benefits are entirely self-financing. They are paid for with payroll taxes collected from workers and their employers throughout their careers. These taxes are placed in a trust fund dedicated to paying benefits owed to current and future beneficiaries. Even though Social Security began collecting less in taxes than it paid in benefits in 2010, the trust fund will continue to accrue interest and grow until 2025, and will have adequate resources to pay full benefits for the next 26 years.
Notice that Lew said nothing about raising the debt ceiling, which was already looming, and it shouldnt matter anyway because Social Security is entirely self-financing and off budget. What could be clearer?
Unconvinced, syndicated columnist Charles Krauthammer wrote a subsequent column questioning Lews assertions. This [Lews] claim is a breathtaking fraud. The pretense is that a flush trust fund will pay retirees for the next 26 years. Lovely, except for one thing: The Social Security trust fund is a fiction.
In other words, the Social Security trust fund containsnothing.
(Excerpt) Read more at blogs.forbes.com ...
Acutally, it never got into a 'fund'. It was spent on receipt along with the rest of the money in the general fund we didn't have and couldn't afford......
Ask Al Gore.
Doesn't he have a "lock box" under his bed?
I'll bet that's where it is!
Usually, people with one foot outside the door will lie convincingly and confidently. They know that while words they speak are a lie, they will not matter because they will be gone....
Here's where all Obama's financial team, who have conveniently quit or about to quit, differ from him. Obama is a committed liar just like Slick Willie. He will stay with it until the end, and even in the face of an electoral defeat in 2012, will make Mohamar Gaddaffi look like a fair loser.
The "Trust Fund" was spent long ago by the Democrats.
They left their IOUs; which are worthless.
"What Happened to the $2.6 Trillion Social Security Trust Fund?"
Ask all the politicians who used it to bribe voters.
Al Gore wrong again. It's looking more and more like the non-reform is the risky scheme.
Oh, you're just getting all "wee wee'd" up over the biggest Ponzi Scheme in history. Take the Blue Pill.
Wiat a second I got a statement from my Social Security nest egg. Isn't that Mail Fraud?
that is a fact.
Like Harry and Lloyd in "Dumb and Dumber" when they spent the suitcase full of cash and in turn filled the suitcase with a bunch of IOUs?
The trust fund was stolen by democrats before JFK was martyred by the democrats..
The only ones believing in a SS trust fund are..
Gloria, Meathead, Archie and Edith... in the defunct sitcom..
Yes the IOUs are worthless, because they can only be met from new revenues--taxes or borrowing. But, let's be honest--Obama is the worst, but Bush wasn't particularly careful with finances, either. Both parties thought they could benefit by promising more than the economy could deliver.
On the same note, I just sent this screed to a hardcore Leftist coworker:
There has been ample warning on this issue. How long a lead time for cashing non-liquid bonds is needed? we have over two weeks as of right now, and this fiasco has been brewing for a month. It's not like the incoming revenue stream will halt outright; there may not be enough money in the coffers to pay everything, but prioritizing payment of bonds (a given) assures Social Security will remain funded. When my outgo exceeds my income, that outflow gets prioritized with debt payments first, and limited discretionary spending replaces fine dining out with beans at home; I expect the same decision-making of our Executive ... which raises question of him raising the threat of not paying basic obligations.
Ah, but that's where I get ambushed, having the debate reframed to accusations of lying, and injection of subversive viewpoints in order to stir up emotion so that we can't do an honest assessment. The bait will be overlooked.
Myth #4: The Social Security Trust Fund has been raided and is full of IOUs
Reality: Not even close to true. The Social Security Trust Fund isn't
full of IOUs, it's full of U.S. Treasury Bonds. And those bonds are
backed by the full faith and credit of the United States.
Bonds _are_ IOUs. No substantial difference save formality & interest.
We have been assured, as MoveOn insists on behalf of those in question, that Social Security is fully funded without fail (for decades at least), that it is not subject to fluctuations in income - the money WILL BE THERE. Those who assured us it would be now tell us that it won't be. Wait, what? Cash flow understood, this gives proof to what those crazy right-wing objectors have been saying for years: Social Security funding, at least in part, is siphoned off to general revenue being routed thru the smoke-and-mirrors of bonds (aka IOUs); lacking sufficient general revenue to pay those bonds on demand, the SS trust fund reveals a suspicious absence of trust and funds.
Let's rehash that. Money was put aside into a trust fund. That money was swapped for bonds (IOUs) so the money could be sent into the general fund (which is why bonds are issued). Time comes for cashing in those bonds (FICA income being less than SS outgo), and the Social Security Administration turns to the Treasury and says "U O I $XB", to which the Treasury says "uh, sorry, we don't have the money". This is EXACTLY what conservatives have been complaining about as summarized by, as you put it, "http://www.ssa.gov/OACT/ProgData/investheld.html being an outright lie".
There IS, and will be via ongoing revenue streams, enough money in the coffers to pay off those cashed-in bonds ... just not enough to also pay off all the other promised spending AND increase spending as much as some would like. Short of monthly income, I can either enjoy fine dining and miss a mortgage payment, or I can make the mortgage payment and eat beans for a couple weeks. Short of income, our Legislature and Executive can agree to send out NEA grants and skip sending grandma her Social Security check for a few weeks, or make sure grandma can cover her cost of living and forego funding street theater & poetry slams for a few weeks; as it is now, the Legislature wants to pay grandma, skip the frivolities for a bit, and pay down some debt, while the Executive wants to ask the bank to increase the credit line so he can take yet another cash advance on the Visa so there will be enough in checking to pay both grandma and the mimes - and ignore the increased interest payment until that becomes a problem.
Hmmm...now wait a minute: what do you mean by "a lag between the request and the payout"? It's the government transferring bytes from one of its own accounts to another, not moving truckloads of cash around. If there's money in the coffers (electronic, remember) then it can be moved in short order - maybe not instant, but not much longer than me moving a wad of bills from the safe to my wallet. We've got weeks to do it; the Treasury is equipped to make multi-billion-dollar transactions overnight, so unless the coffers are empty (which proves the lie previously framed against me), "it's not liquid" isn't a sufficient excuse.
So: either "it's" a lie, or our Executive is lying when he says "I cannot guarantee that those checks go out on August 3rd". Which is it? ...and how long _does_ it take for the left hand to cash out a $1B bond to the right hand?
"Do not be one who shakes hands in pledge or puts up security for debts; if you lack the means to pay, your very bed will be snatched from under you." Proverbs 22:26-27
But they claim that SS won't run out of money for several more years. Yes, I know that their estimates only take into account that SS is now taking in more than it is paying out.
Well truth is there is no trust fund.It was put into the general fund starting during LBJ's administration and the "overage" has been spent every year since."Overage" would be what those of us who aren't getting benefits paid in.
I haven't read the entire article, but it gets off to such a dumb start I just quit. Here are a few facts:
1. Over the years the SS Trust Fund did build up a $2.6 trillion surplus when SS FICA receipts exceeded what was paid out currently to SS recipients.
2. The government started spending that money in the 1960s and there is nothing in the Trust Fund but non-negotiable, promissory notes from the US government adding up to the $2.6 trillion.
3. But, here's where the article starts off all wrong: SS monthly benefits are not paid out of the Trust Fund, but out of current month/year collections of FICA tax tax.
4. The current year collections were always adequate until 2010, when they fell $30 - 40 billion short.
5. But still, this year, SS is being paid largely out of current FICA taxes with the government making up some shortfall about like 2010.
The current year receipts are there to pay SS benefits, it's just whether the feds use those receipts to pay SS recipients, or play games and do something else with it.
There should be money coming into Social Security every month, whenever payroll taxes are paid.
If that money is supposed to be used to fund Social Security, they can use that money for the checks next month.
So there are 2 ways to raise your federal taxes by payroll deduction...
Is it just a coinsidence that wefare and food stamps started at troughly the same time that the so called fund was put into the general fund in the 1960's? I personally don't think so.
The "trust fund" money has to be put somewhere. They're not going to warehouse pallets of cash, so they convert it into the most secure financial instrument in the country: Special Issue Securities. This has the side effect of converting the revenue into general-funds cash. So long as the government has power of taxation and a functioning mint, there shall be funds to repay those "bonds" as needed. Thing is now the government is self-restraining the power of taxation, has spent too much cash to pay up, and is refusing to coin money. Whither grandma's check?
Frankly, I'm not even sure now that this is true, either. Too many people not working. The only thing they have going for them now is the illegals paying OASD and Medicare payments (they max out their dependent deductions to avoid income taxes).
All that will come to a screeching halt when these illegals become legal by Obama edit and all their prior contributions on fake or duplicated accounts have to be reconciled and honored.....bad times are approaching, for chure....
The Reps should be on this like white on rice. They should ask Obama why can't SS checks go out since, as the Dems have been saying, SS does not contribute to the deficit and does not need a fix for some time. We all know why, but asking such a question will bring home the fact that we need to borrow money to pay SS benefits and Medicare as well, which receives 51% of its funding from the General Fund.
I suspect the Reps are afraid to bring this up because it is also an indictment of them. Both parties have been guilty of promoting this fiction about the SSTF and its "assets." If the public learned the real truth, they would want to throw all of the bums out.
Actually, the federal government takes in enough revenue in payroll taxes (FICA) to pay about 98% of current Social Security and Medicare expenditures. So what Obama is saying is that those payroll taxes, which are supposed to be segregated from the general treasury funds and dedicated to Social Security and Medicare, are actually just being dumped into the general fund and being spent for such things as foreign aid, NEA, welfare, and all of the other liberal programs.
EVERY administration and congress since LBJ has been spending that fabled "trust fund."
Call your Congresscommie and ask them if there is a Trust Fund. They will say yes. Then ask if so how come there is a chance it will not be paid. My idiot said because the cuts may stop them from being able to afford to mail the checks due to the lack of funding. But assured me the money was in the Trust Fund. I said well in that case I will pay the postage...he hung up. This is not a joke. Actually happened today.
I was cracked open by Johnson for his "War On Poverty", "The Great Society" and other "entitlements".
SS is a pay as you go program. It has been running in the red for several years now. A few years ago, the Trustees estimated that SS would go permanently in the red starting in 2017. Now, it looks like the date has been moved up. Moreover, the deal that Obama struck on extending the Bush tax cuts for two years included a reduction of 2% of the employee's share of the 6.2% contribution. The effect is that there is even less revenue going into SS to pay for benefits meaning more of the IOUs have to be cashed in to make up the shortfall.
In essence, we are borrowing more money from SS as part of a mini stimulus. The bill that authorized this one year reduction includes a clause that the money must be paid back at some future date by the General Fund to make up for the loss of revenue into the SSTF. And Obama wants to extend that benefit for another year.
If we had any clever, unbiased reporter, he or she would be asking Obama some hard questions on his statement about the SS checks not going out. He made a major mistake in mentioning it because it means that the USG must borrow money to pay SS benefits and that the SSTF is really just filled with IOUs, not real assets. It really is Pandora's Box.
Worse than that, if you take the time to visit your local SS office you will puke from what you see! The place is filled with the "Great Society" riff raft ahead of every one else to get handouts.
Oh SNAP!!! It has been the feeding trough for dem and reps..
Don't think I'll be going there. By the time I'm eligible there won't be any money left.
Not so.
Myth 4: President Roosevelt promised that the money the participants paid would be put into the independent "Trust Fund," rather than into the General operating fund, and therefore, would only be used to fund the Social Security Retirement program, and no other Government program
The idea here is basically correct. However, this statement is usually joined to a second statement to the effect that this principle was violated by subsequent Administrations. However, there has never been any change in the way the Social Security program is financed or the way that Social Security payroll taxes are used by the federal government.
The Social Security Trust Fund was created in 1939 as part of the Amendments enacted in that year. From its inception, the Trust Fund has always worked the same way. The Social Security Trust Fund has never been "put into the general fund of the government."
Most likely this myth comes from a confusion between the financing of the Social Security program and the way the Social Security Trust Fund is treated in federal budget accounting. Starting in 1969 (due to action by the Johnson Administration in 1968) the transactions to the Trust Fund were included in what is known as the "unified budget." This means that every function of the federal government is included in a single budget. This is sometimes described by saying that the Social Security Trust Funds are "on-budget." This budget treatment of the Social Security Trust Fund continued until 1990 when the Trust Funds were again taken "off-budget." This means only that they are shown as a separate account in the federal budget. But whether the Trust Funds are "on-budget" or "off-budget" is primarily a question of accounting practices--it has no affect on the actual operations of the Trust Fund itself.
3. But, heres where the article starts off all wrong: SS monthly benefits are not paid out of the Trust Fund, but out of current month/year collections of FICA tax tax.
Actually the payroll tax revenue for SS is deposited into the SSTF, which then makes the payments. Any "surplus" is deposited into the Treasury, which issues non-market, interest bearing T-bills in the amount of the surplus and deposits them into the SSTF.
4. The current year collections were always adequate until 2010, when they fell $30 - 40 billion short.
Not so. The assets of the larger trust fund (OASI), from which retirement benefits are paid, were nearly depleted in 1982. No beneficiary was shortchanged because the Congress enacted temporary emergency legislation that permitted borrowing from other Federal trust funds and then later enacted legislation to strengthen OASI Trust Fund financing. The borrowed amounts were repaid with interest within 4 years.
If you recall, Reagan made his famous deal on SS with Tip O'Neill in 1983 that raised the retirement age for full benefits from 65 to 67, increased taxes, and forced all new employees joining the federal government to be under SS. It was supposed to make SS "solvent" for the next 75 years. It didn't work.
It is a Pandora's Box that no politician wants to open.
Pretty much...they have had this slush fund to spend on whatever since 1967 (?) now those funds are needed for those people starting to retire.The can has been kicked down the road as far as it can be.We may have have had an easier time had the dems not spent a fortune since 2007 but still the piper has to be paid....It is not going to be pretty for those of us in the 50 and under crowd.
Not so for Medicare. The General Fund pays for 51% of all Medicare costs. Medicare Part A is funded thru the HI trust fund, which started cashing in its IOUs in 2008. By law, the General Fund pays for 75% of the Medicare Parts B and D costs. The premiums only account for 25% of the costs. In 2011 the projected expenditures for SMI (Medicare Parts B and D) will amount to $295 billion, 75% of which are paid by the General Fund. SMI costs are larger than Medicare Part A costs. The HI trust fund will run out in 2024 because of the Obamacare "fix." Prior to that the date was 2017.
Isn't the so called SS Trust Fund filled with government bonds which are replaced by more bonds as they mature? Seems like I spent the cash coming in and replaced it with money I borrowed from myself....?
LOL. Besides being an idiotic answer, the vast majority of SS payments are done electronically.
The government has created an enormous, unpayable unfunded liability for social security and medicare. When the Budget was unified by Lyndon Johnson Social Security became classic Ponzi scheme. It is fraud, pure and simple. Social Security taxes pay for current recipients and contribute to the general fund. Over $2.6 trillion that people have thought they were contributing to their retirement was spent as part of the general government expenditures.
Because total government spending is too great to be supported by the tax revenues this economy can generate the only way to fund current government expenditures is through massive borrowing(about $1.5 trillion per year every year).
This is unsustainable. When people stop buying trillions of dollars per year of our bonds the "special issue" bonds in the so called Social Security Trust Fund will be totally worthless. They are totally worthless now but people just don't realize it yet.
There is no trust. There are no funds. The money has all been spent.
It is the greatest single fraud in the history of human civilization.
What happened to it?
There is no 'lockbox' and has never been such a thing.
It was and is one huge ponzi scheme and I demand that a multitude be put in the same cell with Madoff, starting with the rotting corpse of FDR. =.=
You are correct sir. Both parties have been responsibile for creating these myths about SS, which is really a Ponzi scheme.
Calling what is nothing but a depository account for SS receipts the TF is just another government slight-of-hand. Normally something put in a TF will be there for a significant period of time.
The residual left in the TF is nothing but the non-negotiable, promissory notes from the US government.
And, it is correct to say that current SS benefits are not paid out of any TF, even if the feds choose to call the SS depository account a TF. The TF is composed of the surplus SS receipts over the decades, which were spent and replaced with promissory notes.
What you've described very clearly is government accounting games and a misnamed depository account for SS receipts and disbursements.
Not quite. The left hand, owing the right hand, will just print cash and hand that over. Hyperinflation is the eventual result of this policy.
Can we then sue the government for stealing our money all these years??
Government ponzi schemes are OK I guess.
To bad we cant sue the government for our money back
Interesting. What form was the money stored in prior?
The non-market, interest bearing T-bills in the SSTF and other government trust funds like HI, federal pensions, etc. are included in the $14.3 trillion national debt under "Intragovernmental Holdings" as distinct from the public debt, which is about $10 trillion. Yes, the IOUs do represent an unfunded liability just like the ones in the public held debt. Both have the full faith and credit of the USG behind them. The difference is that the trust fund IOUs must be redeemed by the USG. They are not real assets in the sense that we could sell them to China or they can be transferred to another owner.
The trust funds are a vehicle to maintain the fiction of these entitlement programs. There are laws that say once you use up all of the IOUs, benefits must be cut to reflect revenue. So even if all of the IOUs in SS are exhausted, benefits would still be paid out of the revenue stream.
What you've described very clearly is government accounting games and a misnamed depository account for SS receipts and disbursements.
CBO: Trust Funds and Measures of Federal Debt
"The federal government uses several accounting mechanisms for linking earmarked receipts (money designated for a specific purpose) with corresponding expenditures; some of those mechanisms are trust funds (such as the Social Security trust funds), others are special funds (such as the fund the Department of Defense uses to finance its health care program for military retirees) or revolving funds (such as the Federal Employees Group Life Insurance fund). Although trust funds are designated as such by law, there is no substantive difference between trust funds and the other types of funds.
When trust funds and other government funds have receipts in excess of amounts needed for current expenditures, they are credited with nonmarketable Treasury debt known as government account series securities. At the end of 2009, about $4.3 trillion in such securities was outstanding, mostly credited to the Social Security trust funds. (That amount can serve as a measure of how much receipts, including interest, have exceeded outlays over time for the programs financed through those funds.) The value of the outstanding securities (that is, the debt held by government accounts) is combined with the amount of debt held by the public (described in Chapter 1) in two measures of the governments debt: gross federal debt and debt subject to limit.
In total, the federal budget has more than 200 trust funds, although most of the money is credited to fewer than a dozen of them. Among the largest trust funds are the two for Social Security (the Old-Age and Survivors Insurance Trust Fund and the Disability Insurance [DI] Trust Fund) and the funds dedicated to Medicares Hospital Insurance (HI) program (also known as Part A), civil service retirement, and military retirement.
When a trust fund receives payroll taxes or other income that is not needed to pay benefits immediately, the Treasury credits the fund and uses the excess cash to reduce the amount of new federal borrowing that is needed to finance the governmentwide deficit. That is, if other tax and spending policies are unchanged, the government borrows less from the public than it would in the absence of those excess funds. The reverse is the case when revenues for a trust fund program fall short of expenses. Thus, the balances of trust funds are not a measure of resources available to pay future obligations for the respective programs; those resources will need to come from federal revenues or additional borrowing in the years those obligations are due.
Yep, it is the mother of Ponzi schemes. Tens of trillions of dollars taken from the people with the promise that it will be there when they retire, except the politicians have been using it to fund their pet projects from the very beginning and putting worthless IOUs that must be paid back by the people who the politicians stole it from in the first place.
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FOUR-TIME NASCAR champion Jeff Gordon avoided suspension Monday when NASCAR instead fined him $100,000 and docked him 25 points for intentionally wrecking Clint Bowyer at Phoenix International Raceway.
Gordon also was placed on probation through Dec. 31. But he will be allowed to close out the season at Homestead-Miami Speedway despite his actions in Sunday's race, which triggered a fight in the garage area between the two drivers' crews.
"I take responsibility for my actions on the racetrack," Gordon said in a statement. "I accept NASCAR's decision and look forward to ending the season on a high note at Homestead."


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IDF Kills PA Terrorist at Allenby Bridge Crossing
On Monday morning, a Palestinian Authority Arab tried to grab a gun from an IDF soldier, while yelling "Alahu Ahkbar", near the terminal at the Allenby Bridge. IDF soldiers, from the Engineering corps, shot and killed the terrorist, according to Galei Tzahal.
The crossing has been temporarily closed following the attack.
The terrorist was identified as Raed Za'eiter (38), formerly of Shechem (Nablus). The Palestinian Authority Prime Minister said that Za'eiter worked as a civil court judge in Jordan.
The Allenby Bridge is the primary land-crossing point between Israel and Jordan. It was first built in 1885 by the Ottomans, rebuilt in 1918, destroyed in 1946, rebuilt again in 1968 (the wood bridge pictured above), and then finally a modern bridge was built adjacent to the wood bridge in the 1990s.
The bridge is also called the King Hussein Bridge.Jewish Press News Briefs
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A correction has been published | View article
A 7-MONTH-OLD BOY with malnutrition and chronic diarrhea came to the emergency department with dehydration and metabolic acidosis. His medical history revealed that he had diarrhea, vomiting, and abdominal distension for 1½ months. His stool was defined as foul-smelling, greasy, and bulky. He was born from nonconsanguineous parents following an uneventful pregnancy. He had been breastfed until he was 3 months old, at which time he began receiving formula, rice, and biscuits.
At physical examination, his weight was 5800 g (<3rd percentile), his height was 68 cm (<75th percentile), and his head circumference was 42 cm(<10th percentile). He was dehydrated and his abdomen was severely distended but there was no organomegaly. Results of laboratory investigations were compatible with metabolic acidosis and mild hypokalemia. A complete blood cell count showed hemoglobin to be 11.4 g/dL; hematocrit, 35.3%; mean corpuscular volume, 71.9 fL; white blood cell count, 9.2 × 103/µL (9.2 × 109/L); and platelets, 220 × 103/µL (220 × 109/L). A peripheral blood smear revealed 36% granulocytes, 52% lymphocytes, 10% monocytes, 2% bands, and generalized acanthocytosis was noticed, involving more than 80% of erythrocytes (Figure 1).
Accepted for publication April 18, 2000.
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The Other House, published in paperback by Oxford University Press in 1990, as part of the Oxford Poets Series, is Anne Stevenson's eleventh collection of published poems. The fifty-two-page volume contains thirty-eight previously uncollected poems written since Selected Poems, 1956-1986, published by OUP in 1987. Most of the poems in The Other House were written between the time of that publication and the summer of 1989, during which period Stevenson was a Fellow in Writing at the University of Edinburgh. Many of them first appeared individually in a range of different, literary periodicals, including: The Times Literary Supplement; PN Review; Poetry Review; Poetry Ireland Review; P…
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Gordon, Ian. "The Other House". The Literary Encyclopedia. First published 22 July 2011
[http://www.litencyc.com/php/sworks.php?rec=true&UID=31609, accessed 28 September 2016.]