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Old 12-23-2013, 09:06 AM
Danzig Danzig is offline
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Quote:
Originally Posted by joeydb View Post
Still waiting for the punch line on this one.
why, you think it's a joke?
you don't think social security has been a life saver for many? i don't think any issues with social security are due to the program itself. there are problems due to the politicians raiding it for other programs, but that's certainly not ss's fault.
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  #2  
Old 12-23-2013, 10:48 AM
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dellinger63 dellinger63 is offline
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Quote:
Originally Posted by Danzig View Post
why, you think it's a joke?
you don't think social security has been a life saver for many? i don't think any issues with social security are due to the program itself. there are problems due to the politicians raiding it for other programs, but that's certainly not ss's fault.
It's a joke because like Ponzi's bank account the SS Trust Fund has little to no money in it and like Ponzi any hope of being repaid solely relies on bringing in new suckers/SS wage deductions. And you're right, the politicians, like Ponzi have stolen/used the funds for things long gone.

Ponzi was discovered and stopped. SS continues by law and us suckers continue to allow the politicians to raid it. Close to all of it.

What portion of the almost three trillion owed to SS Trust Fund in the form of IOU's is interest on the money 'raided'?

Surely we won't borrow money to pay interest?
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