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

To: ThePatriotsFlag
The Social Security Administration doesn't build highways, the government does. The way money gets to the government for these other purposes is that it's used to buy government bonds. That's how the government gets the cash. Again, what do you think is supposed to happen with that cash? Throw it in a hole and bury it until it is needed? Answer that question.

The money has not been stolen from the fund. The fund was used to pay out current benefits and the surplus invested in bonds. The bonds are in the fund. They get redeemed for cash when they are needed to pay benefits.

36 posted on 07/31/2015 3:15:33 PM PDT by mlo
[ Post Reply | Private Reply | To 35 | View Replies ]


To: mlo
I'm not wasting any more time on a troll. Educate yourself and read this for starters.

http://dissidentvoice.org/2009/11/abuse-of-the-social-security-trust-fund-began-in-the-1980s/

And if we would have put it under a rock in the back yard, it would still be there wouldn't it? Better than letting the gov "borrow it" with a worthless IOU...they Stole It!!!

37 posted on 07/31/2015 3:50:33 PM PDT by ThePatriotsFlag ( Anything FREELY-GIVEN by the government was TAKEN from someone else)
[ Post Reply | Private Reply | To 36 | 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