PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: Neocon who wrote (610393)	8/25/2004 2:33:53 PM
From: Emile Vidrine	Read Replies (2) of 769670

SS Security Trust Funds are borrowed by the Federal government to balance the budget. The Trust Fund simply invests the SS Funds annually by buying US government bonds. This seems secure enough until you consider the fact that the government is now running a $500 billion deficit and may, in the future, be unable to redeem the bonds by paying SS benefits. WHY? Because Bush and Congress have been borrowing from the SS Trust Fund to siphon off hundreds of billion to Israel since 1973. The Feds collect SS payments from America's elderly and then turn around and borrow the fungs to give $17 billion in welfare to Israel in 2003 alone.

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