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Politics : Actual left/right wing discussion -- Ignore unavailable to you. Want to Upgrade?

To: Gersh Avery who wrote (3424)10/23/2006 12:22:25 PM
From: TimF  Respond to of 10087
 
The trust fund is not the property of the federal government.

That statement really doesn't make any sense.

In the first place, as I've already shown there really is no trust fund. It is more an accounting fiction than anything else.

In the 2nd place the Social Security Administration owns the bonds that are the so called trust fund. The Social Security Administration is part of the federal government.



To: Gersh Avery who wrote (3424)10/23/2006 2:19:22 PM
From: DMaA  Respond to of 10087
 
Who do you think it belongs to?

The trust fund is not the property of the federal government.



To: Gersh Avery who wrote (3424)10/23/2006 3:03:40 PM
From: TimF  Respond to of 10087
 
The Fiction of Social Security Bonds

By Charles E. Rounds, Jr.

mises.org


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