- May 20, 2009
- 144,734
- 67,269
- 2,330
As of now, the "Assets" in the Social Security "Trust Fund" are a special class of US treasury bond that can only be sold to the US Government. Think of is as Bernie Madoff taking your money and giving you a note saying "I'm gonna pay you back one day"
Obama has admitted several times now that the only way to pay retirees, is to continue to borrow from China and the Fed.
This will end
Rather then end in revolution and bloodshed, the solution is to have the bonds in the trust fund be payable in oil and gas reserves on federal lands.
Real Assets and very valuable assets
Thank me later
Obama has admitted several times now that the only way to pay retirees, is to continue to borrow from China and the Fed.
This will end
Rather then end in revolution and bloodshed, the solution is to have the bonds in the trust fund be payable in oil and gas reserves on federal lands.
Real Assets and very valuable assets
Thank me later