April 2, 2009

For Crisis Sake!!

Entitlements for the non-elite are bankrupting the country...... Bailouts don't count, THEY are much too complicated for the rubes to understand ......Especially Social Security!!

The Treasury Department has for decades borrowed money from the Social Security trust fund to finance government operations. If it is no longer able to do so, it could be forced to borrow an additional $700 billion over the next decade from China, Japan and other investors. And at some point, perhaps as early as 2017, according to the CBO, the Treasury would have to start repaying the billions it has borrowed from the trust fund over the past 25 years, driving the nation further into debt or forcing Congress to raise taxes.
The world as we know it will ends in HOURS if this great war-mongering "nation" has to stop raiding the Social Security fund. $700 Billion? That figure sounds somewhat familiar.
Where have we heard that number before?

6 comments:

Anonymous said...

Or they could tax the fucking 1% that controls 50% of the wealth in the country. But I'm sure the planet would spin off into the sun.

Grandpa Eddie said...

What Anonymous said.

Capt. Bat Guano said...

Fuck them, take every thing they have and send their criminal asses to reeducation camps. I'll run them for you.

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