Quote:
Originally Posted by lookout123
where oh where oh where is tw?
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Notice that Lookout123 refuses to deal with the basic fraud. Money is removed from the SS trust fund. No IOU is left. No interest is paid on that money.
Monies taken by the government to pay today's bills can be replaced in the SS Trust Fund with T-bills. IOW the government pays the SS Trust Fund interest on the confiscated (borrowed) money. All Social Security problems solved with no increased risk to the public AND with more money for Social Security. One reason why Lookout123 avoids this? No windfall profits to be made by stock brokers.