[volunbeer]

Your kids have no claims on it.

---

Are you for real?

My kids have no claim on what - oppressive taxation on their future earnings? Have you noticed that “we” are 16 Trillion in debt? Contrary to popular belief and some of what I am reading on here the SSI Trust Fund does not exists in a vacuum or lockbox. It’s a guarantee by the same government that is 16 Trillion dollars in debt that grows more each passing day. It all comes from the same government and same printing press.

There is no trust fund! There is nothing... it’s a ponzi scheme that is administered by fools. Don’t worry though, I expect our politicians to completely destroy our currency and economy to honor their promises to cut those checks to you.

[dfwgator]

Screw our grandkids, let’s party!

[Will88]

Have you noticed that “we” are 16 Trillion in debt?

And the $2.6 trillion or so owed to SS is included in the $16 trillion total debt.

[babygene]

“There is no trust fund! There is nothing... it’s a ponzi scheme that is administered by fools. Don’t worry though, I expect our politicians to completely destroy our currency and economy to honor their promises to cut those checks to you.”

There is another answer to this... The federal government (the ones who stole the cash) owns hundreds of trillions in real estate assets. Liquidate part of it to pay the people what they owe them.

[BlackElk]

Social Security (SS) is not SSI. SSI is a federal welfare scheme for folks without income who can claim that they have no realistic way of supporting themselves. That includes drunks, druggies, people who are old and never paid into SS (which can be done by working under the table exclusively), mental cases, etc. I am not sure but I believe that SSI is taken out of SS funds. If anyone knows better, I concede in advance.

As to the politicians, they will connect a bankrupt Social Security program to the general fund for payment. The Social Security tax is most "regressive" and I have long expected that liberal politicians would ultimately support funding from the general fund. The current ridiculous scheme of shaving about 1/3 of Social Security taxes from employees only by Obozo is the beginning. Rush and Levin have both noted this recently. It drains the system much quicker and creates a future "emergency" in which Congress will just "have to" vote to make the general fund the Social Security lifeline.

BTW, I live on a small Social Security check and I agree with many here that it is not going to be reduced nor are theirs. Give me a look at the annual US budget and I will give you easily enough cuts to keep Social Security and Medicare afloat without harming the nation's defenses or cutting any truly vital programs but my budget would be no fun at all for politicians.

[TigersEye]

So take your kids or grandkids out of public school and stop stealing from your neighbors.