Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Rockingham

Maybe their idea really has nothing to do with reducing emissions and is just a sneaky effort to compensate for the already spent social security fund rather than admit to people that the money they thought was being set aside for them as they earned it was whizzed away years ago..


38 posted on 06/20/2017 11:53:25 PM PDT by piasa
[ Post Reply | Private Reply | To 33 | View Replies ]


To: piasa

Because it is held in federal government debt instead of debt or equity in ongoing businesses, the social security trust fund is nothing but an accounting gimmick, like moving fifty dollars from your right pocket to your left and then spending it. Leaving an IOU for fifty dollars in your right pocket from the left pocket does not mean that you get to spend fifty dollars a second time. The country’s best prospect for avoiding bankruptcy is more rapid economic growth of the American economy, for the dollar to keep its reserve status, and for the federal government to permit the development of and to monetize our vast natural resources.


39 posted on 06/22/2017 6:59:08 PM PDT by Rockingham
[ Post Reply | Private Reply | To 38 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson