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To: Son House
The Social Security Trust Fund is a deception. It contains no genuine assets, only government bonds--IOUs that have no value beyond a promise to impose higher taxes on future workers.

Well --- wait a minute --- the Federal Government that has borrowed this money from us Social Security Taxpayers to enlarge itself at our expense does have a lot of buildings, lands, properties, and pension funds itself that far exceed the value of those Social Security bonds. Maybe the Social Security taxpayers can take those assets in exchange --- in a sense buy back their own government with those IOUs.

Their answer: "The Treasury would have to (1) increase its borrowing from the private sector and from other countries to raise the cash necessary to fund the deficiency in the OASDI program, or (2) raise taxes." 13

or [3] sell, license, contract out American assets like highways, national parks, other such functions and assets that the government owns to public-private partnerships that will then charge the public for what their taxes have already paid for, as they are currently doing, or [4] just restructure itself into the North American Union with Canada and Mexico, as they currently are doing as well.

12 posted on 06/23/2007 6:19:45 AM PDT by Uncle Chip (TRUTH : Ignore it. Deride it. Allegorize it. Interpret it. But you can't ESCAPE it.)
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To: Uncle Chip

Federal Government that has borrowed this money from us Social Security Taxpayers
to enlarge itself at our expense does have a lot of buildings, lands, properties, and pension funds
itself that far exceed the value of those Social Security bonds.
Maybe the Social Security taxpayers can take those assets in exchange

Democrats would have to be charge, or it would ‘fail’.(sarc)


18 posted on 06/23/2007 11:24:36 AM PDT by Son House ( Democrats are Hostile to Tax Payers.)
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