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Soc Sec XXXVI: $17 trillion backward transfer

…Then relate its fix to those problems. There are a bunch of problems, e.g.: * Long term actuarial balance. * Cash flow problems in the 2020s, when cash needed for…

Money = Wind, Bush and Fox News?

…environment to be competing in: With wind-generated electricity, the principal production cost is the capital outlay for initial construction. Since wind is a free fuel, the only ongoing cost is…

Telecommuting solves GW…

…the reference week. Means of transportation to work refers to the principal mode of travel or type of conveyance that the worker usually used to get from home to work…

More on Home Ownership

…But not mortgage principal. And the interest deduction still leaves an owner out of pocket for at least 65%—probably more. “[I]f the market value of the house falls, the buyer…

Soc Sec XXII: What if? Low Cost as Fairy Tale

…pay back any of the principal. None, zip, nada. If you look at the numbers of Intermediate Cost you see the functional equivalent of a fully amortized loan, that is…

Shadow system ethics

…(2) “Principal tools and equipment furnished by the Government”. (3)’ Services are applied directly to the integral effort of agencies or an organizational subpart in furtherance of assigned function or…

Clever math, clever reasoning

…pays $6,794 on the 40,000 over that time. ($6,920 if compounded monthly.) He explains this unexpected result is because the principal on the car is being paid down all the…

Credit is scarce but not capital

…not capital. Mortgage-ravaged banks and Wall Street firms often have to borrow from the Federal Reserve, as lender of last resort, to meet current bills. They have no problem at…