What happened to trusting a Trust Fund?
Government budgets used to be in millions, then billions, and now trillions.
The national debt too went from millions to billions to trillions.
Social Security, we were told, kept pace with the escalation,
as more and more workers paid into it.
The fund grew from millions to billions to trillions.
$2.6 trillion, to be exact.
There have been rumors in the past few years that the fund would
run out of money. Not today, not tomorrow, but maybe in 20 years or so.
The reason? Baby Boomers. Too many were retiring.
Too many expecting to withdraw money from the fund they'd paid into.
So what to do?
Make them work longer?
Start killing them off?
As it turns out, neither option would make any difference.
Why? Because the money isn't really there...
It's just gone, stolen.
Is that too harsh a word?
How about borrowed?
The whole $2.6 trillion has been used by various
government agencies to fund, or bail out, other projects.
For those of you pointing at Obama, shouting "Off with his head!",
you might consider this. The looting has been going on for decades.
Republican administrations, and Democratic ones too,
have all been complicit in carving up that pie.
Trust Funds, supposedly, are untouchable.
The very word 'trust' is defined like this in the dictionary:
1. reliance on the integrity, strength, ability, surety, etc.,
of a person or thing; confidence.
2. confident expectation of something; hope.
3. confidence in the certainty of future payment for property
or goods received; credit: to sell merchandise on trust.
Is there anyone out there who still believes
you can trust 'any' politician?
Anyone?
Anyone at all?
News Link - Where did the money go?
