freedombecki
Let's go swimmin'!
In my book, that title goes to WJC.LBJ the most hideous individual to ever occupy the White House.
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In my book, that title goes to WJC.LBJ the most hideous individual to ever occupy the White House.
Please elucidate. I understand it was collecting interest until LBJ cornered other legislators and talked them into using the funds to cover community improvement expenses. Maybe I heard wrong? How were peoples' savings looted from the forties to the sixties, when LBJ allegedly put his axe to it?Seems like it's been going on for decades. Does anyone know when we first started raiding it?
Congress started looting it the day FDR signed the legislation.
LBJ the most hideous individual to ever occupy the White House.
Though LBJ certainly makes the top (or bottom, if you will) five, the ignominy of the most hideous individual to occupy the WH would be Woodrow Wilson.LBJ the most hideous individual to ever occupy the White House.
That is true as well....FDR looted the cynically dubbed "trust fund" to prosecute the war, only to replace the funds after the fact with the proceeds from war bonds and massively increased taxes to cover his tracks.Seems like it's been going on for decades. Does anyone know when we first started raiding it?
Congress started looting it the day FDR signed the legislation.
That is true as well....FDR looted the cynically dubbed "trust fund" to prosecute the war, only to replace the funds after the fact with the proceeds from war bonds and massively increased taxes to cover his tracks.Seems like it's been going on for decades. Does anyone know when we first started raiding it?
Congress started looting it the day FDR signed the legislation.
Please elucidate. I understand it was collecting interest until LBJ cornered other legislators and talked them into using the funds to cover community improvement expenses. Maybe I heard wrong? How were peoples' savings looted from the forties to the sixties, when LBJ allegedly put his axe to it?Seems like it's been going on for decades. Does anyone know when we first started raiding it?
Congress started looting it the day FDR signed the legislation.
That is true as well....FDR looted the cynically dubbed "trust fund" to prosecute the war, only to replace the funds after the fact with the proceeds from war bonds and massively increased taxes to cover his tracks.Congress started looting it the day FDR signed the legislation.
So he covered the transaction is what you are saying. Good. Was it illegal?
That is true as well....FDR looted the cynically dubbed "trust fund" to prosecute the war, only to replace the funds after the fact with the proceeds from war bonds and massively increased taxes to cover his tracks.
So he covered the transaction is what you are saying. Good. Was it illegal?
Government bonds are just worthless I.O.U.s when they are used to cover government obligations.
So he covered the transaction is what you are saying. Good. Was it illegal?
Government bonds are just worthless I.O.U.s when they are used to cover government obligations.
Really? You are wrong because you can't prove it. ?
[I take it that the xfr of funds back and forth was legal?
Bripat, I suspect you are wrong yet again. Tell us who was the first person who received the SS check and the year in which it was received.
As with Ponzis scheme, this turns out to be a very good deal for those who got in early. The very first Social Security recipient, Ida Mae Fuller of Vermont, paid just $44 in Social Security taxes, but the long-lived Mrs. Fuller collected $20,993 in benefits
Screamers do not belong in a Senate that is a Republic. I don't care if they were once a First Lady. That's inappropriate behavior when it removes the Republic's ability to keep a free market economy running smoothly which always benefits the people by providing them with jobs that give them a little something for their trouble of going to work every day and producing benefits for other people who pay for those services/products brought forth. She's worse than Weiner.Long before Senator Bill Frist (R-TN) presented the details of George W Bush's Social Security Privatization proposal to then Senator Hillary Clinton (D-Carpetbagger) who began screaming hysterically at once"You can't do that! The Government wouldn't have that money to spend!"
"We have to tax more so we can spend more!" Charles Rangel (Communist Party-NY)
Government bonds are just worthless I.O.U.s when they are used to cover government obligations.
Really? You are wrong because you can't prove it. ?
I have proved it over and over again in this forum.
[I take it that the xfr of funds back and forth was legal?
The entire program is illegal. That doesn't mean the old fraud didn't get away with it anyway.
We are not raiding Social Security that's idiocy.
We are not raiding Social Security that's idiocy.
SS receipts have been put into US treasuries ever since SS began. The whole POINT of saving and investing for the future is to put the money somewhere where it will grow. US treasuries are the safest investment in the U.S.
That is true as well....FDR looted the cynically dubbed "trust fund" to prosecute the war, only to replace the funds after the fact with the proceeds from war bonds and massively increased taxes to cover his tracks.
So he covered the transaction is what you are saying. Good. Was it illegal?
Government bonds are just worthless I.O.U.s when they are used to cover government obligations.
Yeah...And they'll pay it all back if it means inflating the currency to the level of Zimbabwe, in order to see to it that you get your Socialist Insecurity check!So he covered the transaction is what you are saying. Good. Was it illegal?
Government bonds are just worthless I.O.U.s when they are used to cover government obligations.
Government bonds are a legally incurred debt, that our Constitution requires be payed. Failure to pay bonds when due would result in default.