Page 10 - Social Security - Beginning 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

President Barack Obama BILLIONS of Social Security retirement dollars went to pay for
targeted tax cuts, and hundreds of political favors.

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.
= $2.85

RETIREMENT DOLLARS IN SOB DEBT OUT TRILLION

CAN YOU SAY “NEW RECIPE”

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