Social Security to start cashing Uncle Sam's IOUs

[ZenGum]

I first heard about this from PJ O'Rourke (sp?) with whom I generally disagree. IIRC, the soc sec money, by law, had to be deposited in some kind of bond. That bond could only be loaned to the treasury. The only legal thing the treasury could do was spend it. Which they did.
This one has been building for decades.
See what is happening in Greece RFN? Largely, they cannot afford the level of social security they have promised themselves. Their govt is bankrupt, yet the people still refuse to accept the austerity cuts. Riots ensue.
I don't know how this is going to play out, but it isn't going to be pretty. Stock up on long-life food, folks. Good luck.