[cgbg]

The Social Security “Trust Fund”:

https://moneymorning.com/2017/03/31/the-social-security-trust-fund-is-just-a-stack-of-ious-in-a-west-virginia-filing-cabinet/

So—you have to watch the con man’s hands very carefully as he moves the shells around on the table.

The peas under the shells are “Special Obligation Bonds”.

They are debt owed to the US government, not assets.

You got that?

So—there is no “money” to take from “the fund”.

Welcome to the crazy world of .gov.

[RoosterRedux]

Are you saying that Special Issue Bonds (that’s what they are called IIRC) are not backed by the Government?