To: Freedom4US
You are correct. The “trust fund” has been raided routinely for over 40 years by spendthrift Congresscritters of both parties. They have done the most disservice to us as a way of buying our own votes with our own money..............
20 posted on
10/15/2007 2:35:50 PM PDT by
Red Badger
( We don't have science, but we have consensus.......)
To: Red Badger
You are correct. The trust fund has been raided routinely for over 40 years by spendthrift Congresscritters of both parties. They have done the most disservice to us as a way of buying our own votes with our own money..............The trust fund is an accounting gimmick. It is filled with non-market T-bills [IOUs]. It is part of the $9 trillion national debt under the caption "Intragovernmental holdings."
93 posted on
10/15/2007 4:50:22 PM PDT by
kabar
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