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Politics : Formerly About Advanced Micro Devices
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To: Tenchusatsu who wrote (215394)1/19/2005 12:07:36 PM
From: neolib  Read Replies (1) of 1573848
 
Ten: Bottom line. It is a trust fund for SS, and contrary to your opinion, the accounting for it is maintained by the SS Admin and you can go look up all the relevant numbers: accumulated amount, current interest, etc.

The fact that the current deficit numbers are reported lower than what they in fact are, i.e. the do not trumpet the SS portions is the scandal. But it is not a coverup as such. You can find the actual numbers. Any American can.

What you did not address, and I went to some length to show, is that completely separating SS funds by investing them in CD's does not change the picture one bit. The governmental borrowing and future liabilities remain identical. The only difference is the accounting, and possibly peoples perception. What don't you understand about this?
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