firetoice Wrote:
Nov 19, 2012 1:56 PM
There are fundamentally 2 issues with the Ponzi schemes: all of the funds in the (dis)trust funds have been spent and replaced with Special Treasury Instruments (IOUs), which must be redeemed, as required, from the general treasury; and, the current revenue streams are not adequate to cover all current benefits. Both programs are already "bankrupt", in any real sense of the term.