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To: Dengar01
There is, in fact, a "Fort Knox" filled with funds that are labeled "The Social Security Fund" all of which is only to be spent on Social Security. It's somewhere in West Virginia.

Do you have a source for this because I honestly never heard of this.

DuncanWaring is right. There's a building in Parkersburg, West Virginia, with a file cabinet that holds two notebooks. The notebooks contain paperwork reflecting the government's PROMISE to pay the funds owed to SS recipients. Essentially, this paperwork is IOUs. USA Today and PBS News Hour have done news stories on this. For details, just Google "Social Security Trust Fund - Parkersburg, WV"

64 posted on 10/30/2011 6:59:17 AM PDT by Stajack
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To: Stajack; DuncanWaring
Yeah, I read the article and once again seems like another government sham of like you said, IOUs, but the money fundamentally still comes from the Treasury. And when I said Fort Knox I was trying to imply, stacks of cash intended for SS, not IOUs in a filing cabinet.

DuncanWaring hit the nail on the head though regarding Medicaid which caused me to remember the whole sham of "recreational doctor visits", and the case study from California.

People like free stuff, and take advantage of it. But here in this case study a simple dollar bill cut 8% of the visits! Now call me Heartless as Rick Perry did but just raise that fee to maybe 5 or 10 dollars and I guarantee the recreational visits are cut dramatically and will save the taxpayer billions of dollars a year.

70 posted on 10/30/2011 7:06:06 AM PDT by Dengar01 (Dengar01 - "Heartless" since 1983!!!)
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