Actual left/right wing discussion Message Board

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Politics : Actual left/right wing discussion

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To: TimF who wrote (3308)	10/20/2006 10:20:46 PM
From: Gersh Avery	Read Replies (2) of 10087

>So there is borrowing, but the income isn't the borrowing, its the various taxes (including the social security tax)< tax ... Wasn't that supposed to be a contribution into my account? And this account is loaned to the Fed via purchase of treasuries. So then .. even though they go through all of the motions of the contributors having some elements of ownership of the monies, it is now being called a tax. If it is a tax, then there would be no expectation ownership and/or return. If it is a tax then there would be no need to issue the treasuries in exchange for the money gathered. The use of the treasuries shows this is not a tax but is instead a real loan. Changes in the way words are used can be used to change public perceptions. A system was found where money being borrowed could be placed on the income side of the sheet. This was used to create a false impression of a balanced budget via use of the word "surplus." Be careful about the use of the words "social security tax." It is intended to get people used to the idea of the money not really being theirs.

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