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

To: rock58seg
...my preference for GWB's Social Security reform. I got back a letter explaining there was actually money in the "Lockbox" and S.S. was definitely solvent.

Ciro Rodriguez is correct and the Republicans are wrong on this one.

The combined OAS and DI trust funds contained $1.858 billion in assets as of 12-31-2005, an increase of $171.8 billion over the previous year. Even the rate of increase of the trust fund assets is increasing. The increase was only about $156 billion in the previous year, 2004. The SS trustees report trust fund assets yearly here:

http://www.socialsecurity.gov/OACT/TR/TR06/III_cyoper.html#wp142447

W and other lying Republican politicians won't tell you these things. The R's like you to live in "studied ignorance" as they did with Mark Foley's sexual hijinx.

52 posted on 12/14/2006 6:19:35 AM PST by MurryMom
[ Post Reply | Private Reply | To 44 | View Replies ]


To: MurryMom
Ciro Rodriguez is correct and the Republicans are wrong on this one.

All that is there are little IOU's printed on government paper, backed by government printing presses, backed by the earning power of a steadily declining work force to retiree ratio. It's a ponzi scheme!!!

But keep trying to make it sound good.

68 posted on 12/14/2006 10:05:54 AM PST by rock58seg (NO McCAIN, NO STAIN, NO PAIN, ONLY GAIN)
[ Post Reply | Private Reply | To 52 | View Replies ]

To: MurryMom; rock58seg

I thoroughly debunked MM's claim that there is no problem with Social Security months ago. She knows she's lying, but doesn't care.


69 posted on 12/15/2006 11:35:39 AM PST by Mr. Silverback (We need to crush the Iraq Study Group like we crushed Harriet Miers. Let fly!)
[ Post Reply | Private Reply | To 52 | 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