Page 13 - Social Securiyt - Re-Inventing It
P. 13
The AFCRA plan fully insures local CIPs, and ICIRAs
• The $2.85 trillion dollars of Government issued debt
instruments now held by the Social Security trust
fund, and owed to it by the general revenue are used
as an insurance policy
• These Special Obligation Bonds are used as an
insurance policy insuring against catastrophic
losses in the local member owned Community
Investment Pods or CIPs, and the worker
owned Individual Community Investment
Retirement Accounts ICIRAs
• As the Community Investment Pods, CIPs and
Individual Community Investment Retirement Individual Community
Accounts ICIRAs grow in value the need for the Investment Retirement
Government issued Special Obligation Bonds Account An ICIRA
as an insurance policy diminishes
• Over time the entire Government issued
Special Obligation Bond debt of $2.85 trillion
dollars is completely eliminated
• THINK DECLINING TERM LIFE INSURANCE