On 04 Aug 2011 01:17:12 GMT, Han wrote:

" wrote in
:

On 04 Aug 2011 00:37:04 GMT, Han wrote:

Leon lcb11211@swbelldotnet wrote in news:hY-
:

But in real life if the government is using your SS contributions to
run the government it is a tax. The past weeks threat of missed SS
payment checks would never have been a second thought if that fund
was a separate entity not mixed in with the general fund. Today the
SS fund is simply another Government liability account. Than you
Prez Clinton.

LBJ started using the SS for the Vietnam war, I'm told. Thatwas
before I lived in the US, and certainly before I could vote.

I'm not sure who said SS wouldn't go out. Since it is officially a
separate kitty, it should have gone out. Now the debt ceiling is
raised, we'll never find out ...

SS is *NOT* a separate kitty. It's a tax and a liability, like any
other. That's the way it had to be to get SCOTUS to pass on it.

I trust wikipedia more than I trust you for facts such as these, sorry!!

http://en.wikipedia.org/wiki/Social_Security_Trust_Fund

An accounting gimmick. There is no money in the "trust fund" (never has
been), just some IOUs with your children's name on them.

The *fact* is that SS taxes are simply taxes, like any other.

http://hnn.us/articles/10212.html