NO SHIT ...67

[pbmus]

[daleanime]

1. K&R.....

[Initech]

2. Worst president ever!!!!

[gregcrawford]

4. Actually, Bush 41 did it, too...

... and so did Slick Willy to puff up his surplus. But Bush the Lesser went to afterburners. ALL were in violation of the Budget Enforcement Act of 1990, which specifically forbids the inclusion of Social Security Trust Fund monies in general budget calculations. But since when does the law ever stop a politician from fleecing the American taxpayer? Next time you hear a Republican call Social Security an "entitlement," kick 'em in the nuts. It's OUR money held in trust, NOT the government's.

I try to be a peaceful dude, but these conservative motherfuckers make it real hard... and there comes a point when "being a peaceful dude" becomes nothing more than cowardice in the face of evil, and that point is within spitting distance.

I'm a lot of things, but a coward ain't one of 'em.

[PoliticAverse]

3. Social Security surpluses are always invested in Treasury securities, it has nothing to do with

President Bush.

[gregcrawford]

5. Cite your sources

[PoliticAverse]

6. Trust Fund FAQs

http://www.ssa.gov/OACT/ProgData/fundFAQ.html#a0=1

By law, income to the trust funds must be invested, on a daily basis, in securities guaranteed as to both principal and interest by the Federal government. All securities held by the trust funds are "special issues" of the United States Treasury. Such securities are available only to the trust funds.

[Duppers]

9. Then explain why Al Gore thought it necessary

To put SS in a LockBox.

[PoliticAverse]

10. Gore's 'lockbox' proposal was to use the surplus Social Security money each year

only to buy back treasury securities on the open market, reducing the public amount of the US debt
instead of using the surplus for any other government expenditures by placing it in the general fund.

This would have required the government to reduce spending by the amount of the (now redirected) social
security funds or raise taxes to make up for them otherwise the government would just have to borrow the
money anyway to make up for the redirected funds.

[Duval]

7. K&R nt

[LiberalArkie]

8. And during that time it was not drawing any interest. Much like taking a loan from your 401K