OH, NOT the TSPs. That’s THEIR PEOPLE’S MONEY. But OURS ? There for the taking. . .
It was "paid back" with smoke and mirrors.
This is one of the reasons why I think the whole shebang, including IRAs and 401Ks, will be merged into a sham of collectivization when a financial collapse occurs.
Oh, and from today's news:
Government to hit debt limit in November: Lew
" In a letter to lawmakers, Lew said the federal government would likely have less than $30 billion in cash at that point, straining its ability to pay its obligations. "I respectfully urge Congress to take action as soon as possible and raise the debt limit," Lew said. "
Remember, the hundreds of millions of rounds of bullets purchased for almost every Federal agency, thousands of military MRAPs converted to civilian use, and the rest was not accomplished without a purpose.
Many Freepers will come out with guns blazing about how they "paid into" all Social Security and Medicare, and they are correct.
However, that does not mean they are "above it all" in terms of our government's shenanigans and malice.
Their checks, and their care, including those in adult care facilities, depends on debt, taxes, and spending.
They can argue about whether or not illegals or retired workers are more deserving; and the moral answer is obvious. But we have immoral leadership in our Executive, Judicial, and Legislative branches. So they can argue all they want.