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To: eeevil conservative
Hitting the SS trust fund is like robbing a bank that has already been robbed.

There is nothing in the Social Security Trust Fund but IOUs given to it by the U. S. Treasury. The Social Security taxes withheld from your paycheck every week goes into the General Fund and is spent by Congress even before it comes in.

The bottom line is that the Senate wants to borrow on the supposed equity the trust fund would represent if it contained real money. It's a bookkeeping ploy. When ENROn pulled this trick the top executives are put on trial.

The Social Security Trust Fund holds no money. It holds only IOUs owed to it by a debtor with a seven to nine TRILLION dollar national debt.

The irony is that this new created debt will be added to our overall national debt the interest on which is being paid to mostly foreigners who hold T-Notes. This is why no civilized nation will ever try to destroy America -- they would be destroying their own assets. Go back to sleep.
68 posted on 03/18/2006 4:18:44 PM PST by R.W.Ratikal
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To: R.W.Ratikal

Did you have a severe case of the hiccups?


75 posted on 03/18/2006 4:36:21 PM PST by willieroe
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To: R.W.Ratikal

I got your meaning about post # 5.


79 posted on 03/18/2006 4:49:46 PM PST by groanup (Shred for Ian)
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