RobDownSouth
Never Banhammered
- Joined
- Apr 13, 2002
- Posts
- 72,245
Hey dickhead, just thought you should know the truth.
You wouldn't recognize the truth if it smacked you right in your sloped forehead.
The article you posted actually affirms MY argument, namely that Congress does not and has never "looted" the fund, nor is SS in the "general fund".
Because you lack the capacity to own up to your error (common amongst your over-60 generation), you want to debate semantics.
Had you attended an accredited college, assclown, you'd have learned in accounting 102 that government trust funds are accounted for differently from private trust fund.
The SS has one unique wrinkle in it, which you cling to desperately in the vain hope of proving me wrong, in that there is no "property interest" for individual recipients, which in plain English means that if you die before you've exhausted what you've paid into it (with interest, of course), your estate is shit out of luck.
Conversely, the opposite is also true, when you live longer than expected, Social Security continues to pay retirement benefits even after you've exhausted what you pay in.
That's the unique nature of the beast.
The rest is simply government accounting, which as your article likes to say, has seniors imagining a perfidious Congress looting the fund.
Nothing could be further from the truth, of course, but your posting history shows that truthiness is often an afterthought.
I have enjoyed this opportunity to expose and hopefully lessen your ignorance of yet another subject.
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