visualeconomics.com — Because the fund is in treasury bonds, Congress is able to use the money to finance government programs. In essence, the Social Security Fund loans money to the government, expecting to eventually be repaid, with interest. What could possibly go wrong?
Jun 16, 2009 View in Crawl 4
mattnyc99Jun 16, 2009
makes me wanna talk to my accountant -- and the friggin bush administration
Closed AccountJun 16, 2009
Alright diggers do you see what's at stake now. Your virginity is no longer a personal issue. In order to insure our generations social security payments we need to create a large base of workers to pay into the system. So hurry, go out side and have rampant unprotected sex, your retirement depends on it.
Closed AccountJun 16, 2009
Thank you Obama!
insightfulJun 16, 2009
I believe this is mostly scare mongering. Every single modern President since carter has warned that Social Security will be insolvent soon unless we take action. Guess what, we always took action. Now some President is better than others **cough** Bush **cough** but the reality is that no President and no lawmaker want SS to fail on their watch. This is not to say we should not fix it but to say the sky is falling now would be a stretch.
lobsteroctoberJun 17, 2009
Just another notch on the Bush family belt.
husky217Jun 17, 2009
This account has been closed by the user
ethanator1088Jun 17, 2009
All I can say is I hope I have something to show for all the money I put into it.
tscheredarJun 17, 2009
So basically I'll see none of the money that I'm paying out now. I wasn't really counting on it anyways.
okayokayokayJun 17, 2009
That was a lot of scrolling to learn that I'm still f**ked.