Days
Commentator
Okay, so Congress borrowed something like $3.75 Trillion from the Social Security Trust Fund. That trust fund belongs to the people, not Congress... IOW, it is a criminal act for a Trustee to borrow money from the funds placed in trust to the Trustee; but no one knows how to prosecute both houses of government. And so it sits there, all this theft is recorded in Treasuries that are mostly matured and just sitting there - mostly a matter of record.... all this money owed to the people, but Congress is never going to pay up, everyone knows that.
What to do?
Well, you can always go on an internet site and say vicious things about both houses of Congress, although I don't think words could do the matter justice; Congress deserves much worse than a cyber scolding that they won't read, let alone care about.
The folks at the USTreasury all know perfectly well how to pay off those bonds... just give them out to the beneficiaries. That's who they are owed to. Instead of writing checks from the general fund (aka the checking account at the Federal Reserve) all these Social Security payments could be arriving in the form of US Treasuries, which then could be subtracted from the debt recorded by Congress. Ever cash in a USTreasury (like a US savings bond)? It isn't very hard, you bring it to your bank, the same as you would do with the Social Security check... deposit it in your account.
this is hard?
Why hasn't anyone suggested it?
Because it is a fiat money system and the Federal Reserve has usurped the fiat and your puppet leaders all bow down to the Federal Reserve. The Federal Reserve doesn't want that Social Security Fund payed out, they want it to sit in a file cabinet... and that's where it sits.
SS Treasuries are owed to the beneficiaries of SS. But the Trustee refuses to deliver the monies in the fund to the beneficiaries. That's just as criminal an act as them borrowing it in the first place.
And no one says a word, cuz Americans have a kindergaten level understanding of money. It isn't so easy to take candy from a baby, but it is easy to take money from a baby... because babies don't see any value in money... just like Americans don't see any value in the $3.75 Trillion owed them, sitting in a file cabinet over at the Treasury.
its just a payroll tax, they say...
those Treasuries aren't worth anything, they say...
US Treasuries are US Treasuries... they are due and payable, people. It's your money, it is owed to you and it just sits there; the Treasury could pay it out, but no one even asks for them to do so.
What to do?
Well, you can always go on an internet site and say vicious things about both houses of Congress, although I don't think words could do the matter justice; Congress deserves much worse than a cyber scolding that they won't read, let alone care about.
The folks at the USTreasury all know perfectly well how to pay off those bonds... just give them out to the beneficiaries. That's who they are owed to. Instead of writing checks from the general fund (aka the checking account at the Federal Reserve) all these Social Security payments could be arriving in the form of US Treasuries, which then could be subtracted from the debt recorded by Congress. Ever cash in a USTreasury (like a US savings bond)? It isn't very hard, you bring it to your bank, the same as you would do with the Social Security check... deposit it in your account.
this is hard?
Why hasn't anyone suggested it?
Because it is a fiat money system and the Federal Reserve has usurped the fiat and your puppet leaders all bow down to the Federal Reserve. The Federal Reserve doesn't want that Social Security Fund payed out, they want it to sit in a file cabinet... and that's where it sits.
SS Treasuries are owed to the beneficiaries of SS. But the Trustee refuses to deliver the monies in the fund to the beneficiaries. That's just as criminal an act as them borrowing it in the first place.
And no one says a word, cuz Americans have a kindergaten level understanding of money. It isn't so easy to take candy from a baby, but it is easy to take money from a baby... because babies don't see any value in money... just like Americans don't see any value in the $3.75 Trillion owed them, sitting in a file cabinet over at the Treasury.
its just a payroll tax, they say...
those Treasuries aren't worth anything, they say...
US Treasuries are US Treasuries... they are due and payable, people. It's your money, it is owed to you and it just sits there; the Treasury could pay it out, but no one even asks for them to do so.