Ginger12 Wrote:
Dec 02, 2012 8:05 AM
Social Security was originally set up as a retirement system....it was in its own interest bearing account until the Democrap President LB Johnson saw all of this money and he stole it and put it into the general fund....yes a Democrat. Then the government issued SS worthless treasury bonds and they "borrowed" the money. Right now SS is holding about 1.5 trillion in treasury bonds. How about we cash these bonds in and then SS could again invest that money and it would last forever. Social Security is NOT an entitlement, it is a payback for all the money you paid into it .... now Medicaid and Welfare is an entitlement as nothing has been paid in.