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To: MurryMom
the fallacy of a need for SS reform even though it is now running a surplus greater than $172 billion yearly

Ummmm .. even Obama in his new book admits SS is in trouble

20 posted on 12/29/2006 6:10:03 AM PST by Mo1
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To: Mo1
...even Obama in his new book admits SS is in trouble.

The only reason SS is in trouble is that Bush and other Republican politicians refuse to respect the existence of the SS trust fund. The trust fund is not funded by any gold or other hard assets, just like U.S. Govt. bonds held by China, Russia, Saudi Arabia, Venezuela, and other U.S. creditors. Do Bush and the neocons really think we should pay interest on bonds held by Russia and China while at the same time refusing to pay off SS bonds held by the trust fund so that seniors can receive their monthly checks?

I'd like to see some enterprising reporters ask these questions of Bush and other neocon politicians at ever available opportunity.

39 posted on 12/29/2006 8:05:02 AM PST by MurryMom
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