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+--- Thread: How can n0bama steal your Social Security Turst Fund if it has already been stolen? (/thread-7363.html)
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How can n0bama steal your Social Security Turst Fund if it has already been stolen? - Jesus Christ-jr - 10-12-2012 03:14 PM
http://globalresearch.ca/index.php?context=va&aid=25795
The money from social security taxes has already been taken out and usa bonds are sitting in it's place. Bonds that cannot be sold in the open market and have to be redeemed by the usa government. The same government that cannot operate without borrowing more money.
- sgdds - 10-12-2012 03:22 PM
If we default or our bond rating is downgraded because of tea party obstruction it will be a giant tax on all Americans.
- Dave87gn - 10-12-2012 03:22 PM
the money is all there On paper..we just borrowed from it. what the republicans and now Obama want to do is actually take the money that came out of your check as a Payroll tax specifically for SS and use it to pay for tax cuts for the rich...its disgusting
- curvedbat776 - 10-12-2012 03:22 PM
No,
False
Both my Mom and Pops get their Social Security checks every month.
- Brian - 10-12-2012 03:22 PM
He can't. Congress has been stealing, um borrowing, it for 50 years now..
- rusty - 10-12-2012 03:22 PM
Congress started stealing and not repaying SS when Johnson was President !
- Killick - 10-12-2012 03:22 PM
That's what's so cool about debt - you can make the same people rich over and over and over and....
The wealthiest Americans don't want to get rid of the debt - it's what keeps them rich.
- Alan Turing - 10-12-2012 03:22 PM
I think the Republicans beat him to it.
- agreeabletoothpaste077 - 10-12-2012 03:22 PM
True, it has already been stolen, and replaced with IOUs
There is no lock box
There is no trust fund
SS comes out of general revenue, and SS tax goes into general revenue
Democrats spend it all
And Democrats refuse to cut spending and fix the debt problem
And just FYI, taxing the "Rich" will not solve the debt problem, and will not generate anywhere near the revenue you may think; if any additional revenue at all. It will merely kill the economy
"Socialism is a wonderful idea. It is only as a reality that it has been disastrous. Among people of every race, color, and creed, all around the world, socialism has led to hunger in countries that used to have surplus food to export.... Nevertheless, for many of those who deal primarily in ideas, socialism remains an attractive idea -- in fact, seductive. Its every failure is explained away as due to the inadequacies of particular leaders
Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it.
- railroad dave - 10-12-2012 03:22 PM
i know . the zionist agenda of greed of wall street , corporations , and the bankers are stealing everything from the working man . we need a congress that salutes a flag with five pointed stars , not your six .