[Homestead] Morning thought
Gene GeRue
genegerue at ruralize.com
Thu Feb 3 07:13:19 EST 2005
>SS though has no such 'roll over' of funds. It must specifically disburse
>the funds or purchase a type of T-Bill from the treasury specially created
>only for the SS. Congress then spends that ... in the view of spending
>that it disburses it in the budget and then has no way of it being returned to
>congressional control.
The important part is that those invested funds are available when needed
to pay benefits that exceed SS income. Those T-bills are as sound as the
U.S. government. Other countries buy them. If the U.S. government fails,
the international community will largely fail. And we homesteaders will be
a few of the survivors.
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