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Old Jun 1, 2007, 10:26 pm   #11 (permalink) (top)
Mozart1220
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Quote by: chaplainson View Post
Here's the strange and ironic truth about Social Security's Trust Fund. It's all government money anyway. The Trust fund would get spent doing something for the government, because you know the governmnet isn't going to take extra dollars and put them in a bank account to gain interest, they spend the money on something else and then "owe" the trust fund their money back. But the money comes back from the government, so technichally the government owes the value fund lots of money, so SS won't really go bust until i think 35 years from now, but once it starts to go negative is when it goes down the drain, because if the government has to pay back the value fund, they'll just borrow from someone else.

If you take something and don't give it back, it's STEALING. Reagan "borrowed" from the trust fund, and promised to pay it back "when we've balanced the budget".

We all know how THAT went don't we?

Now they want to take it and invest it in the stock market. great. Enron on a national level.


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