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To: HonestConservative

"Good way to protect money intended for savings or investment is not to spend it. But that's just me."

But that's the whole point. The Federal Gov't cannot invest money, it can only spend it. They currently "invest" the excess contributions in fancified IOU's that cannot accrue interest, because the underlying principal has been spent on things like bridges to nowhere.

The only legal way for Congress to do anything to improve the Solvency of the Social Security Program is to return the "surplus" to the taxpayers, preferably in the form of private retirement savings accounts.


20 posted on 05/27/2006 5:43:27 PM PDT by Go_Raiders ("Being able to catch well in a crowd just means you can't get open, that's all." -- James Lofton)
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To: Go_Raiders

""Good way to protect money intended for savings or investment is not to spend it. But that's just me."

The only legal way for Congress to do anything to improve the Solvency of the Social Security Program is to return the "surplus" to the taxpayers, preferably in the form of private retirement savings accounts."

Hense, if they are returning it then, they wouldn't be spending it. The whole point is that they can't be trusted, AND firstly, its not their money. Better if they kept their mits off our money in the first place.


26 posted on 05/29/2006 12:10:40 PM PDT by HonestConservative (Bless our Servicemen!)
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