Forums
New posts
Search forums
What's new
New posts
New media
New media comments
Latest activity
Classifieds
Media
New media
New comments
Search media
Log in
Register
What's New?
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Navigation
Install the app
Install
More Options
Advertise with us
Contact Us
Close Menu
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Forums
The Water Cooler
General Discussion
SSI Trust fund
Search titles only
By:
Reply to Thread
This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.
Message
<blockquote data-quote="Hobbes" data-source="post: 1738532" data-attributes="member: 3371"><p>Here you go:</p><p></p><p><a href="http://www.socialsecurity.gov/OACT/TR/2011/tr2011.pdf" target="_blank">http://www.socialsecurity.gov/OACT/TR/2011/tr2011.pdf</a></p><p></p><p></p><p>Short answer is, the funds consist of U.S. Government ten year bonds and continue to bring in more payroll contributions which are then also invested in government treasuries.</p><p>At some point, payroll contributions won't be enough to cover outgoing expenditures and they are supposed to start cashing in those U.S. Government bonds to pay benefits.</p><p></p><p>But the politicians don't want to give us our money back when those treasuries need to be redeemed because it's inconvenient to find the money to redeem those bonds.</p><p>They would rather bamboozle you into thinking that you don't deserve the benefits and you should do the patriotic thing and let them cut your benefits.</p><p></p><p>It's only stealing if you allow them to get away with it.</p></blockquote><p></p>
[QUOTE="Hobbes, post: 1738532, member: 3371"] Here you go: [url]http://www.socialsecurity.gov/OACT/TR/2011/tr2011.pdf[/url] Short answer is, the funds consist of U.S. Government ten year bonds and continue to bring in more payroll contributions which are then also invested in government treasuries. At some point, payroll contributions won't be enough to cover outgoing expenditures and they are supposed to start cashing in those U.S. Government bonds to pay benefits. But the politicians don't want to give us our money back when those treasuries need to be redeemed because it's inconvenient to find the money to redeem those bonds. They would rather bamboozle you into thinking that you don't deserve the benefits and you should do the patriotic thing and let them cut your benefits. It's only stealing if you allow them to get away with it. [/QUOTE]
Insert Quotes…
Verification
Post Reply
Forums
The Water Cooler
General Discussion
SSI Trust fund
Search titles only
By:
Top
Bottom