See complete article
"Washington politicians have for decades been doing precisely what Enron has been accused of doing -- concealing debt with accounting tricks. Congressmen tell us that our Social Security taxes go into a trust fund to pay for future retirement pensions. That is a boldface lie. The Social Security trust fund has no money in it. What Congress does with Social Security trust fund money is buy government bonds. The purchase of government bonds disguises the deficit by reducing the national debt."
You can read the complete article at the link above.
Rush was telling us "The surplus is on paper only." It's a projected surplus. just like Enron.
Interestingly enough, Rush today was also talking about the Cooked Enron and Worldcom books, and brought up the fact that those companies paid TAXES on all that inflated, non existent revenue.
He wondered if the IRS was going to be refunding monies back to the shareholders? A Snowballs chance in Hell was the considered analysis.