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Sunday, March 14, 2010

Social Security to start cashing Uncle Sam's IOUs

-Social Security to start cashing Uncle Sam's IOUs - Yahoo! News
*Hat tip to CJ
Well, here we go! Like I kept saying, they've been robbing us blind in this govt ponzi scheme for decades...and it's going to implode. And most of us who are still working will never collect a dime in SSI after all we put in.
"Those bonds are protected by the full faith and credit of the United States of America," Kennelly said. "They're as solid as what we owe China and Japan."

Really? And for how much longer will we HAVE anymore credit, fools.


1 comment:

Phil said...

Boy I hope this is not true! I knew the government was taking money from SS taxes but also from the civil service and military retirement plans also!?! This is a serious issue, especially if its true that this year we will not collect enough in taxes at least the government owes the system interest and its not going to China or the middle east!