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Old 07-06-2008, 07:29 AM
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Michael Michael is offline
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I am bumping this thread forward into New Posts, as I think it is really important people get exposure to Walker's message about the debt we are running up.

How many "younger" people do we have here to comment? Do you want to get out of Social Security? That means larger paychecks and then you have to plan for your own retirement.

As I have said previously, the legislators and fed government WANT SS around as a savings and loan. It can always be said at any given moment, there are trillions of dollars still in SS. But at any given moment, the piggy bank is empty with the exception of IOU notes in the form of electronic US savings bonds. It is "borrowed" by government departments running at a deficit. If the feds did not have their own private savings and loan, they couldn't run at a deficit. Like the rest of us, they would have to learn how to live within your budget. Wouldn't that be awful?!

Someone needs to seriously consider a presidential cabinet position for David Walker. He is willing to talk authoritatively about the 63 trillion dollar gorilla in the room everyone else wants to ignore.
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