The biggest problem with this is the fact that it is "Federal". This means that the corrupt men and women which we elect to govern us are in charge of appointing a group of lapdogs and bureaucrats to manage this huge fund.
This money collected as a tax by law enacted under the great socialist FDR and his democrat congress is supposedly a "trust". Now when was the last time anyone felt that anything with the federal government was trust worthy?
Have the revenue from this tax ever been placed into a trust fund or have they been placed into the general fund and the trust given IOU"s in the form of US Treasury Bonds? At the present time there are in excess of TWO TRILLION DOLLARS WORTH OF THESE BONDS IN THE SOVIET SECURITY TRUST.
Now these bonds a backed by the FULL FAITH AND CREDIT OF THE UNITED STATES GOVERNMENT. How much faith and trust do Americans have in the current US Government's (Obama, Pelosi, Reid, democans and republicats) ability and willingness to fulfill these obligations? In order to fulfill the obligation and promise to the Americans who have financed this boondoggle the administration would have to borrow from the Chinese.
Think of all of the money given to Wall Street and Bankers, dumped into New Orleans, Nebraska, and Comrade General Motors, the multi-million dollar bonuses paid out for failure? When it is stated that they were to big to allow to fai,l did anyone think about the American people who have contributed to Social Security their whole lives and now will be told to expect higher taxes and less benefits? Are not the Amnerican people to big to a;llow to fail?
Are we willing to allow the same people who brught us into this big lie controll our health care?
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