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To: SeekAndFind
Now we're talking about some real chickens coming home to roost. How creative will the accounting get?

Should be a hoot to find out.

I mean, between the gritted teeth of course.

6 posted on 07/30/2009 7:30:23 PM PDT by lawnguy (The function of wisdom is to discriminate between good and evil-Cicero)
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To: lawnguy
How creative will the accounting get?

It was creative accounting that caused this problem.

It kinda pisses me off to hear the word "bailout" used in this situation. Social Security funds were never meant to be used for the general budget. The reason Social Security is going broke is because Congress stole the money from the American people.

20 posted on 07/30/2009 7:45:26 PM PDT by 2111USMC
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To: lawnguy

The will just cash in the T-bills [read IOUs] in the SSTF and the General Fund will have to redeem them by borrowing more money or increasing taxes or both.


37 posted on 07/30/2009 8:08:42 PM PDT by kabar
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