Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Loud Mime

BFD?

SS was always an underfunded government run Ponzi scheme that only worked when more $’s were coming in than going out. .gov is hard broke. Perhaps we will be able to sell more bonds to the chinese to support our SS?

For what it is worth the term lockbox suggest that the funds/chits held in SS are ours. There is nothing further from the truth as it was a tax. What do your heirs get when you die? $200 for burial and zip.


12 posted on 10/19/2010 9:00:17 AM PDT by zek157
[ Post Reply | Private Reply | To 1 | View Replies ]


To: zek157

I understand your cynicism, but if you read the legislation you’ll see that it is a matter of restricting the spending of SS funds.


14 posted on 10/19/2010 9:05:46 AM PDT by Loud Mime (It's the CONSTITUTION! www.initialpoints.net)
[ Post Reply | Private Reply | To 12 | View Replies ]

To: zek157

Addition:

The point here is to ask why they voted against it!

Let Boxer and Reid explain their way out of it....it will be great TV!


15 posted on 10/19/2010 9:07:42 AM PDT by Loud Mime (It's the CONSTITUTION! www.initialpoints.net)
[ Post Reply | Private Reply | To 12 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson