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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: JDN who wrote (545555)2/26/2004 9:25:01 AM
From: willcousa  Respond to of 769670
 
I took a university course on social security back in the early 60's and my recollection is that there was no actual fund at that time; if there ever was one. We studied the debate at the time SS was enacted as to whether the fund should be constructed on actuarial principles - the crats in their wisdom opted not to do it. So it was created knowingly as a Ponzi scheme.