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


To: Neocon who wrote (610393)8/25/2004 2:33:53 PM
From: Emile Vidrine  Read Replies (2) | Respond to 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.



To: Neocon who wrote (610393)8/25/2004 2:36:15 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 769670
 
Correct! (But it didn't used to be included in the 'unified budget', where --- because it is today --- it serves to disguise the IMMENSE SIZE of federal obligations.)



To: Neocon who wrote (610393)8/25/2004 2:41:49 PM
From: Emile Vidrine  Read Replies (1) | Respond to of 769670
 
As a Jewish-American Zionist, you are clearly have an axe to grind when it comes to defending the stealing of SS Trust Fund dollars to build a Zionist Jewish state in Palestine. The SS Trust Fund does exist. The Funds are immediately invested in US treasury bonds--one of the safest investment in the world IF our leaders were fiscally responsible.

Where did Bush and Congress get the funds to provide Israel with $17 billion in welfare in 2003? Since they did not have the funds to give the Jewish state this money, they simply borrowed it by issuing US bonds to the SS Trust Fund among others. The net result is the fact that Bush and Congress borrow SS Trust Funds to give Israel annual welfare payments in order to befriend the Jewish-American political power structure.