Page 6 - Social Securiyt - Re-Inventing It
P. 6

• Under AFCRA millions of working Americans through infrastructure bond ownership become EQUITY
                PARTNERS in their local economies –


            • Workers whose tax dollars used to payoff bond holder x% now because they own the bonds, they’re paying
                themselves x% because they are now the bond holder


            • New, operative word NEW Social Security retiree obligations are completely phased out over a 35 year period


            • Future New, operative word NEW Social Security retirees will see their future Social Security check lowered by
                2.857% a years for every year they are away from full retirement.


            • Over a 35 year period trillions of dollars of un-funded Social Security retiree obligations are completely eliminated
                – TRILLIONS OF DOLLARS - ELIMINATED


            • Local Community Investment Pods or CIPS, and Individual Community Investment Retirement Accounts, or
                ICIRAs are FULLY INSURED using existing Government issued debt instruments


            • $2.85 Trillion dollars of Government issued Special Obligation Bond debt now owed to the Social Security trust
                fund by the general revenue fund are COMPLETELY ELIMINATED over time. Think declining term


            • Local resident populated Original District Found or ODF boars provide OVERSIGHT for local CIPs, and ICIRAs.
                Each member of congress will serve their local ODF boards


            • Original District Founder or ODF boards also function as a buffer zone between the people’s elected
                representatives, and well financed lobbyists - No more behind closed door deals for the benefit of a chosen few at
                the expense of tax paying Americans
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