#liberal as ever
08-Mar-95 10:33:40
Sb: #187910-#liberal as ever
Fm: Karl F. Kugel 72467,2474
To: Paul Idol 76375,1776
But that is *exactly* what happens NOW. There IS NO TRUST FUND. Some
government securities are bought, yeah, but what is the difference between
selling securities to ourselves and selling them to the public? *We* still owe
the money. AND WHEN THE SECURITIES GET BOUGHT, THE MONEY FROM THE SALE GOES
RIGHT INTO THE GENERAL FUND. Get it? And the same amount of securities get
sold either way. And when they come due, the money comes right out of our
pockets, just like usual.
BTW, I heard the correct figure for Democratic weasel Senators is actually SIX,
those who had voted for the exact same amendment in prior votes (WITHOUT any
exemption for SS) and now, when it was actually going to pass, changed their
vote.
-Karl