"DSK" wrote in message
...
Bert Robbins wrote:
How about the government get out of the business of providing insurance
and retirement programs.
That would suit me just fine.
... Then the government will have to stop spending the SS tax money like
drunken sailors every year!
Considering that "the government" doesn't spend the SS tax money at all,
you can consider this already done.
I will detail how the government spends the SS tax money because you aren't
smart enough to figure it out yourself.
1) The government extracts 15% of my income and puts it into the "Social
Security Trust Fund".
2) The government takes my 15% and gives the "Social Security Trust Fund" an
IOU in the form of a Treasury Note or Bond.
3) My 15% is now in the general account of the government.
4) The government appropriates that 15% to be used for the what ever program
they desire to spend it on.
5) The government can decide to retire Treasure Notes or Bonds with my 15%
but, the Treasury Notes or Bonds that are in the "Social Security Trust
Fund" are not retired with my 15%.
The only thing in the "Social Security Trust Fund" is a pile of IOUs. IOUs
are not money. IOUs are a promise to repay money.
You know, you Bush supporters shouldn't work so hard at making brainless
statements. Is stupidty really that seductive for you all?
I'm sure that you and your ilk can answer that question better than us.
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