Posted on 03/06/2018 10:52:53 AM PST by LibertyFound
This must stop.
If true, that's just wrong. Are there other programs siphoning off these funds?
And immediately.
there are no "funds" in these programs sufficient to cover yearly costs. They are all pay as you go with monies from the general fund. The "funds" are just a collection of IOU's and are insolvent.
Trump has his work cut out for him...
Each day we find out more of how the Deep State has $crewed us as tax payers and $crewed American Citizens out of jobs.
One of my friends was a cpa and CFO for many companies.
He said after 8 years of Bush 2 and 8 years of Obama, b$ like this happens in every department from the DOD to the lowest tax paid department.
He said that 8 years of Trump might balance the federal budget as Trump gets rid of b$ like this.
Can we sue the federal government for discrimination and for pissing away our money?
bookmark
It would be stupid to have a cash lockbox like Gore and Bush recommended.
You have to invest the funds somewhere, and US treasury notes are still considered the safest investment.
If this was a completely standalone agency, you wouldn’t be able to say that. If they invested in corporate bonds, there no funds there either. Corporations only issue bonds so that they can spend the money. Same with US treasuries.
Gold, land, oil reserves - there are plenty of assets with substance out there rather than a treasury bond from a debtor that comes up a trillion dollars short in paying its financial obligations every year.
SHUT IT DOWN
NOW !!!
The tax loophole is just one of many corrupt and infuriating things about the OPT program.
And recover the funds.
And yet the treasury bond/note is still considered the safest asset. Why?
Sounds like an Obungo program that his holdovers have kept hidden from Trump.
Who’s government bonds? Some are considered worthless. The US bonds hold value only because the government can print money. It’s still a ponzi scheme and, yes, some pozi schemes last longer than others but the ultimate result is always the same.
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The program, as we noted earlier, has had silent but bipartisan support; it was created by the Bush II administration without any congressional authorization, was subsequently expanded by the Obama administration, and has been tolerated by the Trump administration.
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Sounds like it’s illegal\unconstitutional as it is...another fiat by the executive w/ the wink-wink-nudge-nudge of Congress.
We should tar and feather every person who supported this betrayal of Americans. I’m so sick of our asshole politicians stabbing us in the back.
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