To: Little Pig
I believe our problems began when Lyndon Johnson, started the “ Great Society:” at the same time we were involved in the Viet Nam War/ In order to pay for both of these programs Johnson and his cronies stole the money that had accumulated in Baltimore in the Social Security Fund. Hard Cash he talked congress into borrowing the money and putting a special bond in it's place, a bond paying 2% interest. From that time on it has been a ticking time bomb in our house. Now the chickens come home to roost/ The U.S. is just another down at the heels bum.We cannot pay our debts, even if we increased the amount of tax revenue by 300% the Government still could not pay the interest due on our debts. Sleep well your Congress is looking for ways to raise money, they now are considering selling our reserve of gold held in Fork Knox. Ho Boy.
To: BooBoo1000; All
Feds own about 30% of all US land....they will probably start selling that out from under us...
7 posted on
05/17/2011 10:53:29 PM PDT by
goodnesswins
(Unlike the West, the Islamic world is serious.)
To: BooBoo1000
Speaking of Social Security returns - did you know that Galveston Texas was able to opt out of the Social Security system 30 odd years ago? They did it by establishing their own system and used the “Social Security Contributions” as their baseline. Today that fund pays its participants right around 7% of their total contributions annually. Social Security pays between 1% and 2% of our total contributions annually.
Thank you LBJ and the rest of the Kennedy brain trust. Isn't nice to remember what our “best and brightest” did to us?
23 posted on
05/18/2011 4:09:58 AM PDT by
Nip
(TANSTAAFL)
To: BooBoo1000
Yes..We have reached a point where the truly wise see what is coming and they know, without drastic changes in leadership, we are sunk..Our children will have no future. The truth is that the children of the Progressives will have no future either for when the US finally goes down, the whole world will go with it..
24 posted on
05/18/2011 4:36:40 AM PDT by
jazzlite
(esat)
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