Page 12 - Social Security - Day 1 To Today

SOCIAL SECURITY – NEVER MEANT TO WORK LIKE THIS

By law excess Social Security retirement dollar contributions are transferred to the general revenue fund.
Once they’re treated like any other tax dollar – THEY’RE SPENT

George W Bush ll 1.3 TRILLION Social Security retirement dollars for wars on foreign soil, and nation building

President Bill Clinton $700 BILLION Social Security retirement dollars to balance the federal budget

Social Security retirement dollars were being used to pay for general revenue fund debt obligations normally paid for with

income, and corporate tax receipts from the more fortunate. In effect millions of working Americans Social Security retirement
dollars were subsidizing the income, and corporate tax rates of the more fortunate keeping their rates artificially low.

Then to cover their tracks, Politicians created a government debt instrument known as a Special Obligation Bond. SOBs are used

to replace spent retirement dollars. SOBs put those on the hook to pay again that which they’re already paid once; SOBs now
total over $2.85 trillion dollars. Then magically the $2.85 trillion dollars of SOB debt disappears when the $2.85 trillion dollars of
SOB debt are listed as an asset on the Social Security trust fund balance sheet.

=

RETIREMENT DOLLARS IN SOB DEBT OUT

CAN YOU SAY “NEW RECIPE”

©americaretoday - ACT