To: Kansas58
Investing at simple interest would have been huge if the funds hadn’t been robbed. The idea of individualized accounts makes pretty good sense, but that is future and somewhat corrective. I was referring more to the embezzlement that has been taking place since the 60s. Had the money coming in not been absorbed into the general fund to waste on LBJ’s soft socialistic ideals this conversation would be much different today.
To: Baynative
My point is that it is not possible from a logical accounting perspective for the money NOT to go the General Fund.
What is “money”?
Where is that “money” to be stored?
Do you think it will be put in coffee cans and burried in a back yard somewhere?
What will it be invested in?
Of course it will be invested in Government BONDS and the money from EVERY bond flows to the General Fund.
53 posted on
12/25/2012 9:23:10 PM PST by
Kansas58
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