Social Security Lockbox

[Riot]

Originally Posted by dellinger63

That's all and fine but when the treasury has 70 billion on hand while owing $3.6 trillion it's gotten out of hand.

Where have you been the past 20 years?

Cash flow? We borrow, we sell, we work the books? You know, as the Treasury hasn't been permitted to borrow since we hit the debt ceiling limit in May? And has been "working it" while Congress was stupid? And that's why we only have a few billion on hand?

Tell you what offer $3.6 trillion in t-bills tomorrow and see how fast you can't sell them.

Really? You don't watch interest rates, huh?

Ponzi's been caught! Those $3.6 trillion dollars are long gone! Unless new tax money is paid in there is no money to pay out! We got ripped off for $3.6 trillion and generations to come will suffer because of it.

OHMYGAWD, OH ... wait, no, we have not been "ripped off"

We can at least stop the madness and lock up SS funds in the future whether they be in actual issued t-bills or in some sort of other investment.

That's what we do now Which investments are covered by law, always have been.