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
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