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To: John S Mosby
Financial analysis of the Covid 19 pandemic and the millions of deaths in the US prematurely ending Social Security fund payout to beneficiaries now dead— this revealed several billion dollars kept IN the socalled “trust fund” which extends the life of the fund for 3 or more decades

The numbers I saw was a three year extension (2035 to 2038) from a $205 billion net savings. From the early deaths less will be spent on direct benefits, but less tax will be paid and more survivor benefits will be paid to counter some of the savings.

The "I Owe Me" certificates in the trust fund have almost no effect on the real Social Security plan. By cashing them in, the SS gets to tap the general revenue and force bond market borrowing without needing Congressional approval. If the whole trust fund was never set up, SS would tap the general revenue and force bond market borrowing but need Congressional approval to do it. Economically and budget-wise there is no difference.

44 posted on 03/02/2025 10:21:48 AM PST by KarlInOhio (“Forget it, Jake. It's California.”)
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To: KarlInOhio

Yeah- that occurred to me— the IOUs all being in a file cabinet in Harpers Ferry, WV as has been said.

The “net-net” to all the dead the Plandemic caused in the US is not great as a result.

It’s always been a Ponzi scheme created by FDR and held sacred like some holy ritual which must not be touched— and yet loaned out into general revenue starting with LBJ. That a@@hole-— Billy Sol Estes of the War on Poverty— murderous bastard.


48 posted on 03/02/2025 10:59:08 AM PST by John S Mosby ( Sic Semper Tyrannis )
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