Bill McKee wrote:
Where does the government not spend the SS money?
(sigh) Is that what you consider an intelligent answer? "The gov't" does
not spend Social Security money. Period.
... Is the reason that
Congress and President Clinton could declare a surplus in the budget.
A big part of it, yes. Another big reason is that they did not stage a
futile invasion of another country, handing out gazillions of
unaccounted for dollars (not to mention hundreds of millions in gouging,
fraud, & kickbacks, to a company run by the Vice President). A billion
here, a billion there, it adds up.
... They
do not buy treasuries with the money, they just issue an IOU.
Another favorite lie from the people who'd like to do for Social
Security what they did for airport security, anti-terrorism, intel ops,
etc etc.
Fact: The Social Security Trust Fund buys *only* debt issued by the U.S.
Treasury.
Fact: This is the safest investment in the world
Fact: The tax income from Social Security is no more "spent by the
gov't" than you spend your neighbor's mortgage payment, if you use the
same bank.
... If there were
government bonds in a depository, then there would be a "trust fund".
WTF do you think the U.S. Treasury is?
You have yet to make ONE sensible or factual statement. Yet you stick
your head further in the sand, digging deeper for those fatuous lies to
prop up your stupid prejudices. I sincerely hope that you do not call
yourself a "conservative" because you're just as big an embarassment as
NOBBY, John H, and Dave Hall. Welcome to the club.
Bye bye, unless you have a BOATING related comment.
DSK
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