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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (1853)8/20/2008 6:45:48 AM
From: Road Walker  Read Replies (2) | Respond to of 86356
 
Don't drink the kool-aid.. Those funds go DIRECTLY into the government budget, and the SSTF is left with IOUs and a promise from one government agency (the Treasury) to pay back interest to the SSTF at some point in the future (using tax revenues from our children).

Um, bonds are in essence IOUs.

Yes SS has been part of the 'unified budget' since Johnson, intended to hide the cost of that war from the populace. Been handy for Bush as well.