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Bill McKee wrote:
"DSK" wrote in message . .. http://www.ssa.gov/OACT/ProgData/funds.html Bert Robbins wrote: It is all just numbers in a spread sheet. There is no money sitting in a vault somewhere, anywhere. And your checking account is just numbers, too. Of course there is no "money sitting in a vault." Welcome to the brave new world of finance... post 1300 A.D. It's for guys like you that the Social Security Administration put the question "Why do some people describe the "special issue" securities held by the trust funds as worthless IOUs?" right in their FAQ? Of course, they're all just a buncha commie pinko liberal homo-lovers who don't Support Our Troops. Why believe them. Does it hurt when you keep banging your head against a solid wall of facts? DSK If there was a trust fund, they would invest in other items than the Federal deficit. Is just a bookkeeping entry. Except for the fact that they are prohibited by law from doing so. I for one wish they could (and would) |
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