Page 5 - Social Security - Re-Inventing It

The American Family & Community Rebuilding Act – AFCRA OUTLINE

• 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